SFP (Small Form-Factor Pluggable) transceivers are utilized in telecommunications for connecting networking devices to fiber optic or copper cables, supporting various communication standards. Enhanced versions like SFP+ offer higher data rates up to 16 Gbit/s, and newer iterations such as SFP28 can support 25 Gbit/s, enabling more efficient data transmission. These pluggable devices facilitate easy upgrades, reduce manufacturing costs, and are compatible with different networking applications.