TrendForce: VCSEL market demand is expected to reach 650 million units by 2031.

TrendForce's latest "2027 Infrared Sensing and Optical Communication Market Trends" report points out that with the rapid growth of Scale-Up network transmission demand within data centers, VCSEL NPO is gaining attention for its advantages of low power consumption, high maintenance flexibility, and a relatively well-established supply chain, with major manufacturers all investing in research and development. From 2027 to 2028, numerous VCSEL NPO solutions will emerge on the market, and combined with demand for short-reach optical transceiver modules, VCSEL market demand is estimated to reach 650 million units by 2031, with a compound annual growth rate of 38% from 2025 to 2031.