Lucintel’s latest market report analyzed that QSFP optical transceiver provides attractive opportunities in the telecom, data center, and enterprise applications. The QSFP optical transceiver market is expected to reach $2.80 billion by 2028 with a CAGR of 14.3%. In this market, ethernet is the largest segment by protocol, whereas data center is largest by application.
Based on protocol, the QSFP optical transceiver market is segmented into ethernet, fiber channel, CWDM/DWDM, FTTx, and others. The ethernet segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as this 400G ethernet module has higher bandwidth than giber channel, which is 400 times than the original 1G SFP module.
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The QSFP Optical Transceiver Market is marked by the presence of several big and small players. Some of the prominent players offering QSFP optical transceiver include Perle Systems, Lumentum, Sumitomo Electric Industries, Accelink, Applied Optoelectronics, and Fujitsu Optical Components.
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