The global InP VCSEL market size was valued at US$ 445.6 million in 2024 and is projected to reach US$ 678.9 million by 2030, at a CAGR of 7.3% during the forecast period 2024-2030.

The United States InP VCSEL market size was valued at US$ 145.6 million in 2024 and is projected to reach US$ 223.4 million by 2030, at a CAGR of 7.4% during the forecast period 2024-2030.

High-performance VCSELs based on InP for long-wavelength applications.
Telecommunications leads 45%. Data centers represent 32%. Sensing applications growing 30%. Medical devices show 28%. Research expanding 25%.

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