Lucintel's latest market report analyzed that SFP optical transceiver provides attractive opportunities in the telecommunication, data center, and enterprise applications. The SFP optical transceiver market is expected to reach $0.25 billion by 2028 with a CAGR of 6.5%. In this market, multimode fiber is the largest segment by fiber type, whereas telecommunication is largest by application.
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Based on fiber type, the SFP optical transceiver market is segmented into wavelength, fiber type, connector, protocol, application, and region. The multimode fiber segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as they possess the capability to gather light from the laser and are cheaper optics.
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The SFP Optical Transceiver Market is marked by the presence of several big and small players. Some of the prominent players offering SFP optical transceiver include Broadcom, Lumentum, Sumitomo Electric Industries, Accelink, and Smartoptics.
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