Research Nester has released a report titled “Third-Party Optical Transceiver Market – Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the third-party optical transceiver market in terms of market segmentation by type, by end user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global third-party optical transceiver market is segmented by type into SFP, XFP, QSFP, CFP and others, out of which, QSFP segment is anticipated to hold the largest market share of around 31.80% in the year 2027. Numerous benefits associated with QSFP optical transceivers, such as lower cost in comparison to other types, increase in port density, small size, and the varied options available for connecting to networks, switches, servers and computers at distance of 10kms are considered to drive the growth of the segment in the global third-party optical transceiver market.
The global third-party optical transceiver market was valued at USD 620.0 million in the year 2017 and is anticipated to record a CAGR of 8.1% during the forecast period, i.e. 2019-2027. The market is further slated to achieve a market value of USD 1355.6 million by 2027 and a Y-o-Y growth rate of 8.18% in 2027 as compared to the previous year. Increasing opportunities, such as growing deployment of 5G network and demand for cloud solutions are anticipated to contribute significantly towards the growth of the global third-party optical transceiver market over the forecast period.
Regionally, the global third-party optical transceiver market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, North America is expected to hold the largest market share of around 32.66% in the year 2027 on account of rise in the demand for communication and channel networks, rising number of data centers in the region and increase in demand for advanced networks for fast data transfer.
Increasing Demand for Low Cost Transceivers
Rising concern amongst organizations in the networking technology industry for the reduction of operational expenditure to maintain their profitability is raising the demand for the preferences for third-party optical transceivers instead of OEMs as the third-party companies provides the optical transceivers at lower costs with almost similar other supporting benefits in comparison to the OEMs. Wide variety of transceivers available in variety of form factors and that serves the need of the networking technology organizations, coupled with lower price point of the transceivers, all of these factors are anticipated to promote significantly towards the growth of the global third-party optical transceiver market.
However, concerns regarding unavailability of hardware support from OEMs restricts the utilization of third-party transceivers. Moreover, message of caution from OEMs for the utilization of the third-party transceivers is also anticipated to hamper the growth of the global third-party optical transceiver market.
This report also provides the existing competitive scenario of some of the key players of the global third-party optical transceiver market, which includes company profiling of Finisar Corporation, Hummingbird Networks, Champion ONE, Shenzhen Sopto Technology Co., Ltd., ETU-Link Technology Co., Ltd., Curvature, Edge Technologies Ltd., Huihong Technologies, Optcore, TXO Optics, UNOPTIX, DataLight Optics Inc., Xtel Technologies, FiberStore Co., AddOn Networks, and Prolabs Ltd. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global third-party optical transceiver market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.