Optical Transceiver Market Worth 6.87 Billion USD by 2022
PUNE, India, October 6, 2016 /PRNewswire/ --
According to the new market research report on the "Optical Transceiver Market by Form Factor (SFF, SFP, QSFP, CFP, XFP, and CXP), Data Rate (1G, 10G, 40G, and 100G), Distance, Wavelength (850nm, 1310nm, and 1550nm), Application (Telecom, Data Center, and Enterprise), & Geography - Global Forecast to 2022", published by MarketsandMarkets, the optical transceiver market is expected to be valued at USD 6.87 Billion by 2022, growing at a CAGR of 13.5% between 2016 and 2022. The most significant factor driving the optical transceiver market is the increasing Internet penetration and data traffic. Growing demand for smartphones and other connecting devices and mainstream adoption of cloud computing are the other factors driving the growth of the optical transceiver market.
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Browse 64 market data Tables and 60 Figures spread through 159 Pages and in-depth TOC on "Optical Transceiver Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/optical-transceiver-market-161339599.html
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QSFP, QSFP+, QSFP14, and QSFP28 form factors collectively hold the largest share of the optical transceiver market
The QSFP, QSFP+, QSFP14, and QSFP28 form factor, though expected to grow at rate less than few other transceivers, accounted for the largest share of the optical transceiver market 2016. This is mainly because these transceivers are perfect for major transceiver applications such as high-density signal transmission in data centers, high-performance computing, high-speed data processing, and VoIP, among others.
SFP+ and SFP28 form factors expected to grow at the highest rate
The SFP+ and SFP28 transceivers are expected to grow at the highest rate during the forecast period. This can be attributed to the high market size of SFP+ and SFP28 transceivers in terms of volume in 2016, along with major applicability in increasing the versatility of the network used for many applications such as data centers, cloud computing, and others.
The Americas is the major consumer of the optical transceiver market
The Americas is expected to account for the largest share in 2016 of the total Optical Transceiver Market. The Americas is home to many established data centers and cloud providers companies. Also, growing demand for data communication; increased demand for communication devices such as smartphones, tablets, and VoIP equipment; growing wearable devices; and growing data center applicability made the optical transceiver market to grow exponentially in the Americas.
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The report also profiles the most promising players in the optical transceiver market. The competitive landscape of the market presents a very interesting picture where a large number of big and small players have become a force to reckon with. The key players in the optical transceiver market are Finisar Corp. (U.S.), Accelink Technologies Co., Ltd. (China), Lumentum Holdings Inc. (U.S.), Oclaro, Inc. (U.S.), Sumitomo Electric Industries, Ltd. (Japan), Foxconn Electronics Inc. (Taiwan), NeoPhotonics Corp. (U.S.), Fujitsu Optical Components Ltd. (Japan), Reflex Photonics Inc. (Canada), and Source Photonics Inc. (U.S.), among others.
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