Optical Transceiver MarketSize and Trends

The global optical transceiver market size was valued at US$ 10.05 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 12.2% from 2023 to 2030. The global optical transceiver market is expected to show significant growth in the coming future. It is driven by growing demand for high-speed data transmission, expansion of network infrastructure, increasing adoption of smart devices, and the deployment of 5G technology in various regions across the globe.

Global Optical Transceiver Market Trends:

Substantial demand for 400G and 200 GbE transceivers is a major trend

s400G transceivers, and Amazon began in 2020. This further massively impacted the market. Whereas, Meta started deployment of 200G from 2021. With the first sales of 2x400G transceivers to Google also benefited the market growth during this period. This trend is likely to continue in the market over the forecast period.

Rapidly growing Big Data and Cloud Computing applications is a growing trend

With increasing growth big data and cloud computing applications, data centers are handling significant amount of traffic. In order to cater the growing demand for high-bandwidth data transmission and maintaining the same power consumption, size of data center, and cost, increasing optical transceiver speeds has become critical. Market players are addressing this challenge with silicon-photonic technology, as it reduced the size of transceivers and simplifies the design and production by integration of number optical components onto a single silicon photonic chip. This is further driving the demand for optical transceivers, which is likely to support growth of the market in coming years.