After reporting its expectations that optical transceiver sales will decline this year for the first time since 2009, led by a slump in Ethernet module revenues (see “Ethernet transceiver sales to decline 18% in 2019: LightCounting”), LightCounting is optimistic about a rapid return to growth. The market research firm states in its “October 2019 Optical Communications Market Forecast Report” that it expects to see revenues rise at a compound annual growth rate (CAGR) of 15% from 2020 through 2024.