Optical Transceiver Market to grow by USD 10.32 Billion from 2024-2028, driven by supply chain collaborations, Report on AI’s role in market evolution – Technavio | PR Newswire [Video]

NEW YORK, Nov. 27, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global optical transceiver market size is estimated to grow by USD 10.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 16.68%  during the forecast period. Strategic collaboration among supply chain members is driving market growth, with a trend towards migration of OTNs toward wdm architecture. 

However, deployment issues of fiber optic infrastructure  poses a challenge. Key market players include Amphenol Corp., Applied Optoelectronics Inc., Broadcom Inc., CBO GmbH, Ciena Corp., Fabrinet, Firecomms Ltd., FS.COM Inc., Fujikura Co. Ltd., Furukawa Electric Co. Ltd., II VI Inc., Koch Industries Inc., Lumentum Holdings Inc., Murata Manufacturing Co. Ltd., Phoenix Contact GmbH and Co. KG, Shaoxing ZKTel Equipment Co. Ltd., Smartoptics AS, Source Photonics, Sumitomo Electric Industries Ltd., and Texas Instruments Inc..

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