800G Optical Transceiver Market Size to Grow USD 898.6 Million by 2029 at a CAGR of 14% | Valuates Reports [Yahoo! Finance]
Lumentum Holdings Inc. (LITE)
Last lumentum holdings inc. earnings: 2/4 07:30 am
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Source: Yahoo! Finance
The Global 800G Optical Transceiver Market was valued at USD 356 Million in 2022 and is anticipated to reach USD 898.6 Million by 2029, witnessing a CAGR of 14.0% during the forecast period 2023-2029. Get Free Sample Report Major Factors Driving the Growth of 800G Optical Transceiver Market Due to the exponential development of data traffic from cloud services, streaming, 5G, and Internet of Things applications, data center settings are experiencing an increase in demand for larger bandwidth and faster data transfer rates, which is driving the market for 800G optical transceivers. The need for sophisticated optical transceiver systems that can provide more capacity, scalability, and energy efficiency grows as companies try to satisfy these expectations. The use of 800G transceivers is also being accelerated by technical developments like coherent optics and silicon photonics, which allow data center managers to efficiently handle the ever-increasing volumes of data traffic
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News
- Lumentum Awarded Platinum EcoVadis Medal for Second Consecutive Year [Yahoo! Finance]Yahoo! Finance
- Lumentum Awarded Platinum EcoVadis Medal for Second Consecutive YearBusiness Wire
- Lumentum to Announce Fiscal Third Quarter 2024 Financial Results on May 6, 2024 [Yahoo! Finance]Yahoo! Finance
- Lumentum to Announce Fiscal Third Quarter 2024 Financial Results on May 6, 2024Business Wire
- Ciena slips as Citi starts with Sell rating, AI opportunity seen 'years out' [Seeking Alpha]Seeking Alpha
LITE
Earnings
- 2/8/24 - Beat
LITE
Sec Filings
- 2/27/24 - Form 8-K
- 2/20/24 - Form 4
- 2/20/24 - Form 4
- LITE's page on the SEC website