Global Optical Transceiver Market at $4.6 billion in 2016 Global Optical Transceiver Market at $4.6 billion | Page 3

transceiver manufacturers test to ensure that their optical transceivers have compliance with the defined specifications. Testing of key optical parameters: transmitter optical power and receiver sensitivity is a big deal. According to Susan Eustis, leader of the team that prepared the research, “Optical transceiver markets are driven by the use of broadband in every industry. Video, Internet adoption, and tablets drive demand for broadband. Markets are influenced by apps, augmented reality. IoT, the move to cloud computing and the adoption of smart phones by 9.5 billion people by 2020. Mega data centers that support online commerce, streaming video, social networking, and cloud services for every industry are expected to adopt optical transceivers as a fundamental technology. Software as a Service (SaaS) is a primary offering that will leverage optical transceivers in this mega data center.” The global optical transceiver market at $4.6 billion in 2015 up dramatically from $3.2 billion in 2013 is anticipated to grow to $41.1 billion by 2022 driven by the availability and cost effectiveness of 100 Gbps, and 400 Gbps devices. Next generation optical transceiver devices use less power, are less expensive, and are smarter and smaller. The adoption of widespread use of the 100 Gbps devices, followed by 400 Gbps devices and the vast increases in Internet traffic are core to helping manage change in the communications infrastructure markets. Do Inquiry Before Purchasing Report: http://www.custommarketinsights.com/optical-transceivers- market-shares-strategies-forecasts-worldwide-2016-2022-/102434#cs_tabs_enquiry_for_buying Visit Complete Report Here: http://www.custommarketinsights.com/optical-transceivers-market-sharesstrategies-forecasts-worldwide-2016-2022-/102434 [email protected]