Coherent Optical Transceiver Shipments to Grow at 17 Percent CAGR, According to Dell'Oro Group
REDWOOD CITY, Calif., Oct. 26, 2023 /PRNewswire/ -- Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, forecast coherent optical transceiver shipments to grow at a 17 percent compounded annual growth rate (CAGR) for the next five years. Additionally, the Coherent Optics market is undergoing a tectonic shift with the availability of small form factor pluggable optics that will increase the use of coherent technology in routers and ethernet switches.
- "The demand for coherent technology is expanding," stated Jimmy Yu, Vice President for Optical Transport market research at Dell'Oro Group.
- "Historically, the majority of coherent optics have predominantly found their application in DWDM systems," stated Sameh Boujelbene, Vice President for Ethernet Switch market research at Dell'Oro Group.
- Additional highlights from the Coherent Optics Report:
Coherent Optics market is predicted to reach nearly $13 billion by 2027. - Coherent optics deployed on Router & Switch platforms will account for more than 50 percent of the annual increase in transceiver shipments throughout the forecast period.