Radiant Insights Forecasts Global Optical Transceiver Market to Grow to $9.9 Billion
The growth of Internet traffic is being driven by smartphones, cloud computing, hosted solutions, streaming services and more. As network and data center operators try to manage the ever increasing demand, each piece of technology across the entire delivery infrastructure becomes an essential component. Optical transceivers are a piece of the puzzle, and they offer a low-cost transport throughout the network, which is crucial for high speed network infrastructure build-outs for carriers and data centers. With fiber replacing cable, the optical transceiver market has been growing steadily, and a report by Radiant Insights revealed just as much.
The report, titled “Global Optical Transceiver Market Size, Regional Outlook, Application Analysis, Competitive Insights And Forecasts, 2014 – 2020” contains 575 page and 177 data table figures. It covers 40 key industries and a host of micro markets, vendors, market shares, strategies and forecasts around the world as well as the different aspects of optical transceivers, including optical transponders, optical subsystems, Ethernet, 100 Gigabit Ethernet, fiber transmission and more.
According to the report, vendors in the optical transceivers industry have to continually adapt to the increasing traffic taking place around the
world. Because communications, servers and other systems depend on high-speed serial transceivers, vendors have to introduce innovative solutions to meet the growing demand.
The report went on to say, leading vendors have been offering a wide range of product selection with state-of-the-art technology designed to address the needs of all major networking equipment vendors around the world. This has resulted in transforming the data and telecommunications equipment market. Optical transceiver products are compliant with Ethernet, Fibre Channel, SONET/SDH/OTN and PON standards and they generally operate at data rates of 10 Gb/s, 40 Gb/s and 100 Gb/s.
Radiant Insights is forecasting the availability and cost effectiveness of 40 Gbps, 100 Gbps, and 400 Gbps devices to drive the optical transceiver market to $9.9 billion by 2020. These next generation devices are smaller, less expensive and use less power, making them ideal to be part of the new datacenters and fiber networks connecting the infrastructure of our digital world.
Some of the companies that were profiled in the report include, Agilent Technologies, Alcatel-Lucent, Avago Technologies, Broadcom, Fujitsu, Huawei, NEC, Sumitomo and others.
The report said, “Worldwide optical transceiver markets are poised to achieve significant growth as the data in networks expands exponentially. As cloud systems proliferate and wireless data takes hold, the efficiencies brought by high speed end-to-end optical networks are needed by carriers and in the data center.”
Edited by Maurice Nagle
