800G Optical Transceiver Market Size to Grow USD 898.6 Million by 2029 at a CAGR of 14% | Valuates Reports
BANGALORE, India, April 15, 2024 /PRNewswire/ -- The 800G Optical Transceiver Market is Segmented by Type (QSFP-DD, OSFP), by Application (Telecommunications, Data Communication).
- BANGALORE, India, April 15, 2024 /PRNewswire/ -- The 800G Optical Transceiver Market is Segmented by Type (QSFP-DD, OSFP), by Application (Telecommunications, Data Communication).
- The Global 800G Optical Transceiver Market was valued at USD 356 Million in 2022 and is anticipated to reach USD 898.6 Million by 2029, witnessing a CAGR of 14.0% during the forecast period 2023-2029.
- The need for sophisticated optical transceiver systems that can provide more capacity, scalability, and energy efficiency grows as companies try to satisfy these expectations.
- This demand is met by 800G optical transceivers, which provide substantially faster data rates than earlier generations.