Global Silicon Photonics Market: Regional Insights
North America is anticipated to show increasing growth in the global silicon photonics market over the forecast period. This can be attributed to the availability of advanced electronics and telecom sectors. Moreover, the early adoption of novel advanced technologies need for upgrading existing infrastructure, along with rise in demand for components in sensing and communication applications is also expected to fuel growth of the global silicon photonics market over the forecast period.
Furthermore, Asia Pacific is also expected to exhibit major growth in the global silicon photonics market over the forecast period, owing to factors such as presence of emerging and leading players in the market, rise in adoption of internet services in telecommunications and data center sector, growing use of silicon photonics transceivers with smartphones, and development of novel emerging technologies.
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