Silicon Photonics blends the components of electrical circuits with those of optical. Electric signals are produced when photons (light particles) interact quantum mechanically with electrons in a semiconductor. These can be amplified and used for signal processing, control, and data transmission. The rising use of cloud-based services, which demand a high-speed data transfer, is one of the factors propelling the growth of the global Silicon Photonics market. Additionally, a significant element boosting the market's expansion is the growing deployment of 5G technology. The market for silicon photonics is also driven by the increasing demand for smaller electrical devices.
The global Silicon Photonics Market size is estimated to be valued at US$ 1,584.8 Million in 2022 and is expected to exhibit a CAGR of 23.03% between 2023 and 2030.
Major Players in the Silicon Photonics Industry:
1. Broadcom Inc,
Broadcom Inc., founded in 1961 and it’s headquarter in San Jose, California, United States.The Company operates in 30 countries. Broadcom has approximately 20,000 employees
2. Sicoya GMBH
Sicoya GMBH was launch in 2015. And its headquarter located in Berlin, Germany. It operate over 184 country icoya develops and produces silicon photonics-based optical transceiver solutions for 400 GB/s connections and beyond
3. GlobalFoundries Inc
GlobalFoundries Inc was launch in 2009 and it’s headquarter located in Malta, New York, United States.it operate over 100 country.
4. Intel Corporation
Intel Corporation was launch in 1968 and it’s headquarter located in headquartered in Santa Clara, California, United States.it work in 46 countries . In2021 Intel's ongoing commitment to collaborate with academia in developing new and advanced technologies
5. Juniper Networks Inc,
Juniper Networks Inc ,founded in 1996, with its headquarters in Sunnyvale, California, United States.With businesses in over 100 countries. 2022 — Synopsys and Juniper Networks are forming a new, separate company that will provide the industry with an open silicon photonics platform.
6. Cisco Systems Inc
Cisco Systems Inc.was launch 1984 and its headquarter San Jose, California, United Statesit operate over 80 country. In 2023 Cisco has earned a leadership position in the silicon photonics market with the acquisition of Acacia Communications, Inc. (US), a company.
7. IBM Corporation
IBM Corporation was founded in 1911 And its headquarters in Armonk, New York, United States .With businesses in over 170 countries. In 2023 IBM Launches $100 Million Partnership with Global Universities to Develop Novel Technologies Towards a 100,000-Qubit Quantum-
*Definition- Silicon Photonics combines the elements of optics with those of electronic circuits. Photons (light particles) are coupled to electrons in a semiconductor, and the resulting quantum-mechanical interactions generate electric signals. These can be amplified and used for data transmission, signal processing, and control.