Lucintel's latest market report analyzed that CXP optical transceiver provides attractive opportunities in the telecommunication, data center, and enterprise applications. The CXP optical transceiver market is expected to reach $2.5 billion by 2028 with a CAGR of 16.7%. In this market, ethernet is the largest segment by protocol, whereas data center is largest by application.

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Based on protocol, the CXP 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 CXP optical transceiver can easily support 100 gigabit ethernet and infiniband IB-QDR/IB-DDR/IB-SDR applications with high density.

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The CXP Optical Transceiver Market is marked by the presence of several big and small players. Some of the prominent players offering CXP optical transceiver include Broadcom, Lumentum, Smartoptics, Infinera, and Huawei.

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