Optical Transceiver Market worth $25.0 billion by 2029 - Exclusive Report by MarketsandMarkets™
The demand for optical transceivers is increasing because of the deployment of 5G networks, which require high bandwidth and low latency.
- The demand for optical transceivers is increasing because of the deployment of 5G networks, which require high bandwidth and low latency.
- Fiber-to-the-home (FTTH) and fiber-to-the-premises (FTTP) networks require optical transceivers to deliver high-speed broadband internet directly to homes and businesses.
- The increasing adoption of 5G networks, rising data center traffic, and the proliferation of cloud services are some of the key factors driving the growth of the optical transceiver market.
- The demand for higher bandwidth and faster data rates is driving the growth of the LC optical transceiver market.