According to Verified Market Research, the Global Optical Transceiver Market was valued at USD 4,110 Million in 2018 and is projected to reach USD 11,145 Million by 2026, growing at a CAGR of 13.46% from 2019 to 2026.

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Optical transceivers are defined as the devices that are used in optical communication in order to transfer critical information over different communication channels including the Ethernet. The optical transceiver has a similar operation to that of the radio or a telephone system as it acts as a single module to transmit and receive the information. Optical transceivers are capable of handling all storage, data, voice and video traffic whether linking rack to rack, bottom to the top of the rack, data center to data center or enterprise networks to the network. Benefits offered by optical transceiver includes space saver along with no requirement of the additional transmitter and a receiver.
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