DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Optical Transceiver Market - Global Forecast to 2022" report to their offering.
The optical transceiver market was valued at USD 2.71 billion in 2015 and is expected to reach USD 6.87 billion by 2022, at a CAGR of 13.5% between 2016 and 2022.
This growth can be attributed to the fact of increasing Internet penetration and data traffic in the world. Growing demand for smartphones and other connecting devices and mainstream adoption of cloud computing are the other factors driving the growth of the optical transceiver market.
The industry is more concerned about the increasing network complexity, which is highly restraining the optical transceiver market. This is mainly due to the increasing demand for compactness and adoption of emerging infrastructures such as Internet of Things (IoT) and open source platforms through cloud.
APAC is expected to be the fastest-growing region of the optical transceiver market, at an estimated CAGR of 19.3% between 2016 and 2022. The main reason behind this is the extension of network in the China, Thailand, Malaysia, South Korea, India, and other developing countries in the APAC region.
The market in the APAC has evolved into the largest producer and also the consumer of smartphones, laptops, TVs, and various other applications across the globe and consequently the demand for Internet is growing tremendously in the region. This trend is expected to continue during the forecast period. APAC also accounts for the second-largest share in 2016 of the total optical transceiver market.
- Accelink Technologies Co. Ltd.
- Finisar Corp.
- Foxconn Electronics Inc.
- Fujitsu Optical Components Ltd.
- Lumentum Holdings Inc.
- Neophotonics Corp.
- Oclaro, Inc.
- Reflex Photonics Inc.
- Source Photonics, Inc.
Sumitomo Electric Industries, Ltd.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Optical Transceiver Market, By Form Factor
8 Optical Transceiver Market, By Data Rates
9 Optical Transceiver Market, By Distance
10 Optical Transceiver Market, By Wavelength
11 Optical Transceiver Market, By Applications
12 Optical Transceiver Market, By Geography
13 Competitive Landscape
14 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/x9gsfw/optical