The global 400G optical transceivers market is forecast to reach $22.6 billion by 2023, according to Wintergreen Research.

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Adoption of the Internet is driving rapid growth of the mega datacenter. Data centers support online commerce, streaming video, social networking, and cloud services. Software as a Service (SaaS) is a primary offering.

Customers are investing in 400G optical transceivers primarily for the implementation of networks within the mega data centers and interconnects between the data centers.