Experts Predict Growth in Optical Transceiver Market

New research by Acute Market Reports suggests the market for optical transceivers will grow to $9.9 billion globally by 2020 based on its 2013 market worth. With data collected through 2014, the market in 2013 valued approximately $3.2 billion. In 2015, the market showed continued growth. With expected innovation and growing availability of newer versions of 40 Gbps, 100 Gbps and 400 Gbps devices on the horizon, companies are expected to see an increase in sales and installations into the near future. Transceivers can be used over short and long distances when used properly and in sync with other equipment. They can reduce electromagnetic interference and power loss, making them the backbone of current and future networks. Optical transceivers support network transport, which enables use in high-speed network infrastructure. With demand growing for optics, increased market expectations are anticipated. As optical components continue to be used in data centers, FTTx, metro access or core networks, having experienced staff at hand is essential. While advancements in transceivers will continue, experts with enough experience in optical design, installation and development is crucial for the growth of the industry, success of optical networks, and more. Precision Optical Technologies is a supplier of optical transceivers and relative active/passive optical components. For more than a decade, we have helped build global networks by providing high quality custom-engineered optical solutions quickly and at low cost. Through product quality, technical support, responsiveness, and long-term benefits to our customers, we have gained respect, trust and loyalty in the industry.

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