Optical Transceiver Market Is Expected to Reach $41.1 Billion by 2022: Market Research Globe
Market Research Globe announces that it has published a new study Optical Transceivers : Market Analysis, Shares, Strategy, Manufacturers, Trend, Technology, Segment Forecasts to 2022. The marketers in the optical transceivers industry have contributed a steep investment in top-quality technology and processes in order to build up primary broadband network capability.
Lincoln, MA -- (SBWire) -- 10/03/2016 --The global optical transceiver market was worth US $3.2 billion in 2013 which vividly supercharged to US $4.6 billion in 2015. This industry's market is projected to garner a whopping US $41.1 billion by 2022 owing to the availability and cost efficiency of 100 Gbps and 400 Gbps devices. The futuristic optical transceiver devices consume less power and are more cost effective. Also, these transceivers are smaller in size and hence making them the next generation smart devices. The global acceptance of wide use of 100 Gbps devices, succeeded by 400 Gbps devices coupled with immense growth in the internet traffic are the key reasons which are assisting to manage the alterations in the communications infrastructure markets.
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An Optical transceiver is an integrated circuit (IC) which receives and transmits data with the help of an optical fiber instead of an electrical wire. Technology linked with the transfer of information via pulses or light beams on solid transparent cables or fibers. Optical transceivers promote the usage of fiber to the premises (FTTP) services, through which the optical fiber passes from central hubs to completely till the end users. This assists in rendering super high-speed internet access and these fibers can also be used to receive and transmit telecommunications along with obtaining digital television broadcasts.
The prime factor driving the optical transceiver market industry's growth is the widespread use of broadband in every single segment industry; and internet adoption, tablets, video, smart phones, etc., lead to excessive use of broadband. More and more markets are smitten by various applications, augmented reality (AR) and it has been predicted that the internet of things (IoT), cloud computing and the inclination towards smart phone will reach approximately 9.5 billion people in 2020. Apart from these, mega data centers which endorse e-commerce, social networking, cloud services and streaming video for each industry segment are foreseen to use optical transceivers as a prime technology. In this, Software as a Service (SaaS) is an initial basic contribution which will influence optical transceivers in this mega data center.
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Selected Market Leaders :
Finisar, Lumentum, Broadcom, Oclaro, Fujitsu, Source Photonics, Sumitomo, NeoPhotonics, NEC, Innolight Technology, Emcore, Accelink Technologies, Oplink Communications, NTT, Furukawa Electric
Selected Market Participants:
3SP Group, Accelink, ACON, Agilent Technologies, Analog Devices, Champion Optical Network, Engineering LLC (Champion ONE), Cube Optics, Dasan Zhone Solutions, Delta, Foxconn Technology Group, Fujitsu, Furukawa Electric Business Segments, GigPeak, Huawei, Ikanos, Innolight Technology Corporation, Luna Innovations / Advanced, Photonix, Menara Networks, Molex / Oplink, MRV, Nokia, Photon-X, POLYSYS, Qorvo, Reflex Photonics, Rohm Semiconductor, Santec?Creating Optopia Transmode, Viavi Solutions, Vitesse
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