The global optical transceiver market size was valued at $7.18 billion in 2020, and is projected to reach $27.25 billion by 2030, registering a CAGR of 15.1% from 2021 to 2030.
Optical transceiver is a powerful, small device that can transmit as well as receive data. In optical communication and networking, data is sent via an optical fiber in the form of pulses of light. The transceiver is an important part of such network, as it is used to convert electrical signals to light signals and vice versa. Depending on the type of data to be transported as well as the speed and distance, various transceivers are available for different tasks. -