VCSEL Market: Driving the Adoption of Next-Generation Technologies
The global VCSEL market size is expected to grow from USD 1.6 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 13.1% during the forecasted period according to a new report by MarketsandMarkets™. The major drivers for this market include increase in applications of VCSELs in data communication and the growing adoption of 3D sensing applications in smartphones.
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