OPTICAL TRANSCEIVER MARKET SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2023 - 2028)

 As 5G technology develops and base stations are installed, the bearer network will significantly expand and upgrade, raising demand for optical communication network equipment. The penetration of LTE networks and fixed broadband subscriptions significantly increased starting in 2019, and it is anticipated that they will continue on this path over the projected year. According to Ericsson's mobility research, the fixed broadband connection is anticipated to increase gradually by 3% Y-o-Y through 2024, which is expected to fuel the worldwide optical transceiver market.

In addition, the government is taking steps to facilitate the smooth flow of IoT infrastructure, such as smart city projects with fiber-rich networks. The technology that powers utilities, including water, electricity, wastewater, and sewerage management, and its security and communication are made possible by a fiber-optic network. By 2050, the United Nations forecasts that more than 68% of the world's population will reside in urban areas, increasing smart city initiatives worldwide.

Mobix Labs Inc., a global connectivity solutions provider for wireless mmWave 5G and wired high bandwidth cable networks, announced that it had signed a definitive purchase agreement to acquire Advanced Interconnect Technologies (AIT), a manufacturer and product development firm based in St. Cloud, Minnesota, that serves the military, defense, and commercial air and space industries. This is to maintain up with the demand for advanced communication.

The constant advancements in communication technologies are the primary drivers of market growth in the Asia-Pacific. Telecom network operators in the region have installed fiber for the full range of telecom applications, including inter-city, intra-city, FTTx, and mobile cellular systems. Apart from enterprises, the Chinese government authorities also install fiber systems to support the electric power grid, highways, railways, pipelines, airports, data centers, and many other applications, driving the market's growth.

In October 2022, at CIOE 2022, CIG Photonics (CIG) and Anritsu Corporation jointly demonstrated an 800G optical transceiver PAM4 test solution. Anritsu's MP2110A Sampling Oscilloscope will be used in the test setup to input an 8-lane optical signal from a CIG QSFP-DD800 2xFR4 800G optical transceiver to show how vital test parameters, such as TDECQ, may be measured.

With the rapid development of AI, 5G, the Internet of Things, virtual reality, and the commercial application of these new technologies, the demand for data processing and information interaction is growing, which is expected to speed up the construction of data centers in the region and lead to the explosive growth of the industry.​ According to Cloud Scene, some of the top markets in data centers include China, Japan, Australia, India, and Singapore.​

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