Global 5G Transceiver Market is forecast to reach $540 million by 2026, growing at a CAGR of 38.5% during the forecast period from 2021 to 2026. Rising IoT growth along with increasing demands from telecommunication sector are some of the major factors fuelling the growth of 5G transceiver market. Moreover, high growth of consumer electronics sector and increasing mobile phone users are also helping in propelling the market demand towards 5G optical transceivers. The market growth is mainly driven by the factors including growing demand for enhanced mobile broadband services along with virtual networking architecture in telecom industry, growing investment in development of 5G, data transfer and machine to machine communication solutions. Apart from that, rising adoption of IoT and growing requirement for better digital ecosystem will accelerate the growth of the 5G multimode fiber transceivers industry. In addition, demand for high-speed connections, greater reliability and access to...