United States Optical Transceivers Market

United States Optical Transceivers Market

Growing development of optical communication and increasing wireless devices boosts up the market in United States Optical Transceivers Market

2021-05-21

Growing development of optical communication and increasing wireless devices

The most extensive optical communication and networking market is in North America. The high concentration of data centers and cloud storage hubs in the U.S. is attributed to building such high numbers. The U.S. alone has 3 million data centers, accounting for about 36% of all data centers worldwide (8.4 million in 2018) Furthermore the top mega data centers are also located in the U.S., including Google, Facebook, AWS making it a highly potential market for optical communication. Thus this improving percentage of optical communication in the U.S. is responsible for boosting optical communication in the country. The U.S. holds the largest mobile contact markets, with approximately 260 million smartphone users. The U.S. now ranks third globally in terms of smartphone users, behind only China and India The rising number of wireless device users in the U.S. is another factor adding value to the growing market of optical transceiver market in recent times

Furthermore, recent trend such as driverless vehicles, smart gaming, and entertainment devices has increased data traffic across networks and expected to maintain the momentum in the forecast period, which would drive the demand for high-speed optical transceivers to a great extent

Need for high data transfer speed with low latency

In this fast-moving world, today the world requires high-speed data transfer at low latency and companies are looking to reduce network latency anywhere within the algorithmic-based trading workflow. Superfast processors, faster applications, and faster storage connections have all been used in the past to minimize latency. Therefore saving fractions of seconds by lowering data transmission latency in network systems and fiber-based transport networks is gaining popularity. Furthermore, since low-latency business data is not compressed and due to the rapid growth of trading volumes, much more bandwidth capacity is needed. Thus companies are coming up with great ideas to bring high data transfer speed at a low latency cost. In all computing applications, latency in setting up optical connections is crucial, and having transceivers integrated on the processor chip drives other network functions and their related power consumption onto the chip

Therefore, optical transceivers can efficiently handle high-capacity communication to handle the demand from explosive increased data. However, to do so, reducing the size and power consumption of optical transceivers is a significant issue so that communication equipment with improved capacity can be easily accommodated within a limited space in communication facilities.

On 27th February 2020, II-VI Incorporated came up with a portfolio of Integrated Circuits for High-Speed Transceivers in Datacenters and 5G Optical Infrastructure

Growing advancement in technology

The significant growth of cloud computing and big data applications has meant that data centers have to handle a doubling in traffic every one to two years. It is essential to increase optical transceiver speeds with innovation in the field of optical interconnect to meet the demand for high-bandwidth data transmission while maintaining the same cost, power consumption, and data center size. The rising advancements in the technology to meet the consumer demand is expected to significantly create enormous opportunities for the optical transceivers market in the forecast period.

Furthermore, the arrival of Silicon-Photonic technology in the market has overcome the challenge of complex designing at a much efficient rate. By incorporating a large number of optical components onto a single silicon photonic chip, dramatically reduces the physical size of transceivers while simplifying design and manufacturing

For instance, in 2019, Intel Silicon photonics optical transceivers have eliminated the networking bottlenecks that result in stranded compute capacity and gain much faster data transfer over much longer distances compared to traditional electronic

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Tel: +1 877 441 4866

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