Silicon Photonics (SiPh) is a high-speed optical technology that enables data transmission over long distances. It is an essential technology for digital transformation, as it provides a highly scalable and cost-effective means of transmitting data over a large bandwidth in a small footprint. SiPh products are used in a wide range of electronic devices, including mobile phones and tablets, computers, data centers, and telecommunications networks.
It’s also enabling new applications such as optical interconnects for processor chips in computers that can enable them to achieve exascale speeds (around 1018 calculations per second) and approach the human brain’s processing power at the neural level. This would allow supercomputers to handle huge amounts of data at unprecedented speeds, helping us to understand how the brain works, and ultimately develop better medical treatments.
Market Dynamics:
Ongoing growth in core data communications, as well as new applications such as consumer health and automotive LiDAR is expected to propel growth of the global silicon photonics market during the forecast period.
However, complexity integrating this technology into smaller circuits is one of the factors anticipated to hinder growth of the global silicon photonics market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global silicon photonics market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global silicon photonics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Broadcom Inc., Sicoya GMBH, GlobalFoundries Inc., Intel Corporation, Juniper Networks Inc., Cisco Systems Inc., IBM Corporation, and NeoPhotonics Corporation
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global silicon photonics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global silicon photonics market
Detailed Segmentation:
- Global Silicon Photonics Market, By Application:
- Data Center
- Telecommunications
- Other Applications
- Global Silicon Photonics Market, By Geography:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Sicoya GMBH
- Intel Corporation
- Cisco Systems Inc.
- NeoPhotonics Corporation
- IBM Corporation
- Juniper Networks Inc.
- GlobalFoundries Inc.
- Broadcom Inc.