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Optical Transceiver Market Grows, Driven By Strategic Supply Chain Collaboration
The optical transceiver market is expected to grow by USD 4.71 billion between 2023 and 2027, with strategic supply chain collaboration driving this growth amid rising bandwidth needs from IoT, enterprise data, video, and IP traffic. However, differing architecture requirements pose a challenge, hindering market expansion. The datacom segment experiences substantial growth, catering to firms deploying fiber optic networks for data transmission, IaaS, cloud computing, and big data applications. APAC contributes significantly, with an increase in data centers boosting the demand for optical transceivers. Major players include Amphenol Corp., Broadcom Inc., Ciena Corp., Lumentum Holdings Inc., and others. The report provides insights into segment contributions and regional opportunities.
Read More - https://www.techdogs.com/tech-news/pr-newswire/optical-transceiver-market-to-grow-by-usd-471-billion-between-2022-to-2027-strategic-collaboration-among-supply-chain-members-boosts-the-market-technavio
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