January 26, 2022

CHICAGO PIXELS

SEMICONDUCTOR RESEARCH CENTER

VCSEL market to reach $5bn by 2027

The proliferation of data centers on globally – coupled with the rising adoption of digital solutions – is generating enormous amounts of data, accelerating the adoption of technologies offering high-speed and efficient data transmission, according to a study from market research firm Global Market Insights. This includes vertical-cavity surface-emitting lasers (VCSELs), which are seeing rising demand across various industry verticals such as healthcare, automobile, defense, aerospace, etc. The VCSEL market is hence forecasted to grow to $5bn by 2027…