COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic

The demand for third-party transceivers is increasing on account of low costs offered to the consumers. The transceivers offered by Original Equipment Manufacturer (OEM) to the consumers are more expensive than third-party. For instance, the transceiver of Cisco 40GBASE-CSR4 QSFP+ is priced only USD 110 by “FS”, which is a key market player in third-party transceivers.

Further, third-party transceiver companies offer a wide range of transceivers with all forms factor at a low cost than OEMs. For instance, UNOPTIX offers 10G Copper SFP+ transceiver which has high demand in the data center application and is witnessing a dominating presence in the market due to less power consumption and convenient cost.

Additionally, Xtel Technologies offers optical transceivers including QSFP and QSFP28 majorly for data centers at a low price as compared to the original equipment manufacturers.

Moreover, increasing deployment of third-party transceivers in laboratory and manufacturing companies is estimated to drive the market growth during the forecast period. Companies are opting for third-party transceivers to reducing the costs on the expensive transceivers offered through OEMs.

Increase in the number of key players offering third-party transceivers is further estimated to fuel the market growth over the forthcoming years. A large number of third-party offer transceivers offer transceivers at a low cost and convenient customer support include SOPTO, ETU-Link Technology, curvature, EDGE Technologies Ltd, Huihong Technologies, Optcore, TXO Optics, UNOPTIX, DataLight Optics Inc and Xtel Technologies.