Optical Transceiver Market - By Factor (QSFP, QSFP+, QSFP-DD, and QSFP28 , SFP+ and SFP28, SFF and SFP CFP, CFP2, and CFP4 , CXP, XFP), By Data Rate (Less Than 10 Gbps, 10 Gbps to 40 Gbps, 41 Gbps to 100 Gbps, More Than 100 Gbps), By Wavelength (850 nm Band, 1310 nm Band, 1550 nm Band, Others (C-Band DWDM fixed, C-Band DWDM tunable, and BiDi)), By Fiber type (Single mode fiber, Multimode fiber), By Connector (LC, SC, MPO, RJ-45) and Geography  

Optical Transceiver Market size was valued at USD 6,972.7 million in 2022 and is expected to grow at a significant CAGR of 14.8% from 2023 to 2029. The global market provides a detailed overview that can be segmented by a factor, data rate, wavelength, fiber type, and by connector. By factor, the optical transceiver market has been segmented into QSFP, QSFP+, QSFP-DD, and QSFP28, SFP+ and SFP28, SFF and SFP CFP, CFP2, and CFP4, CXP, XFP. The QSFP, QSFP+, QSFP-DD, and QSFP28 segment is likely to be the largest and fastest growing segments in terms of Factors. Based on data rate optical transceiver market is segmented into Less Than 10 Gbps, 10 Gbps to 40 Gbps, 41 Gbps to 100 Gbps, and More Than 100 Gbps.  Among these, the 10 Gbps to 40 Gbps segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on wavelength, the optical transceiver market is segmented into 850 nm Band, 1310 nm Band, 1550 nm Band, and Others (C-Band DWDM fixed, C-Band DWDM tunable, and BiDi). The 850 nm Band segment accounts for the largest share in 2021. Based on the Fiber type the market has been segregated into Single-Mode Fiber, Multimode Fiber. The single-mode fiber segment is expected to dominate other segments in the optical transceiver market. The Single-mode fiber segment is expected to witness the highest CAGR during the forecast period according to precision business insights.

Key Development:

In December 2020, Lumentum (US) announced the addition of a 100G PAM4 (53 Gaud) directly modulated laser (DML) for hyper-scale data center applications to its broad datacom laser chip portfolio. This product was designed to complement Lumentums existing 100G PAM4 externally modulated laser (EML) products and provides transceiver designers with a lower-cost option.