The global optical transceiver market is poised to reach to US$19.193 billion in 2029 from an initial value of US$8.510 billion in 2022 at a CAGR of 12.32%.
GROWTH DRIVERS:
The 5G technology penetration is on the rise with favorable investment being implemented in preparation of necessary components such as antennas and receivers. The demand for optical network equipment is also set to show positive growth, which will further excel due to the growing 5G base station deployment. Optical fiber networks help transmit data over longer distances and deliver it on an enormous scale. Hence, investments and strategic collaboration in deploying 5G base stations are also expected to drive the optical transceiver market growth. For instance,
NEW OPPORTUNITIES IN THE GLOBAL OPTICAL TRANSCEIVERS MARKET
Based on the modulation format, the 5g optical transceiver is segmented into NRZ, PAM4, and hybrid. Due to growing investments and partnerships, NRZ is expected to hold a major proportion during the anticipated period. For instance,
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DATE |
TYPE |
DESCRIPTION |
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December 2022 |
Demonstration |
Anritsu Corporation, along with CIG photonics, demonstrated an “800G optical transceiver “PAM4 Test solution” using Anritsu’s “MP2110A Sampling Oscilloscope”, which would analyze NRZ. The new demonstration would address the growing demand for improving optical connections. |
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March 2023 |
Demonstration |
Coherent Corp. announced the demonstration of an optical transceiver module that would operate at 200 Gbps per optical lane. These pluggable and co-packaged modules represent the data networking industry's next generation of 800 Gbps and 1.6 Tbps optical modules in single-mode and multimode applications.
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The 5G optical transceiver market, technology-wise, is analyzed into direct detection and coherent optical transceivers. The latter is set to show the quickest growth, fueled by the booming cloud 5G subscription, cloud computing, and investments to bolster mobile networks, which has stimulated the requirement for low-energy consumption and high-speed optical communication components. Likewise, new production innovations and launches to expand the existing portfolio also act as an additional driving factor.
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DATE |
TYPE |
DESCRIPTION |
|
June 2022 |
Launch |
FiberMall introduced a DWDM system based on the QSFP-DD-400G-DCO-ZR/ZR+ coherent transceiver. This approach inserts 400G ZR/ZR+ coherent transceivers on the switch and achieves DCI DWDM transmission via optical layer transmission. This solution will reduce the network complexity of data center interconnection (DCI), increase transmission system reliability, realize high-capacity transmission, and lower system power consumption and cost. This product has DCI, 5G backhaul applications, edge networks, MAN, and other areas. |
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September 2022 |
Launch |
Marvel, formed in collaboration with InnoLight, announced the availability of the latter’s “100G QSFP-D” optical module ideal for 5G backhaul and fronthaul application. The coherent module is powered by Marvel’s “Deneb Coherent DSP” and would accelerate the transition from 10G to 100G coherent WDM solution. |
GLOBAL OPTICAL TRASEIVERS MARKET GEOGRAPHICAL PRESENCE:
Geography-wise, the global optical transceivers market is divided into the Americas, Europe, Middle East and Africa, and Asia Pacific, which house major economies witnessing positive growth in their 5G penetration. Some major countries include the USA, Japan, South Korea, Spain, China, Switzerland, and Germany. The countries are undertaking strategic investments and implementing initiatives to bolster their 5G networks, thereby augmenting the overall market growth. For instance,
According to the data provided by the Department of Telecommunication, in May 2024, the total strength of 5G base stations in India stood at 4,12,214, which represented an addition to the 14,291 number recorded in the previous month. The new installation formed part of the government’s strategic maneuver to bolster India's 5G wireless network.
MAJOR PLAYERS IN THE MARKET:
Some of the leading players in the market include Nokia, Fujitsu, Keysight Technologies, Anritsu, and Cisco, among others, which have implemented various business strategies. These strategies include strategic collaboration, investments, product innovation, and launches to bolster their market product offerings and presence. For instance,
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2022 | US$8.510 billion |
| Market Size Value in 2029 | US$19.193 billion |
| Growth Rate | CAGR of 12.32% from 2022 to 2029 |
| Study Period | 2019 to 2029 |
| Historical Data | 2019 to 2022 |
| Base Year | 2023 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
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| Companies Covered |
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| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |
The Global Optical Transceivers market is segmented and analyzed as: