Emerging Trends in Silicon Photonics Industry: Shaping the Future of Data and Connectivity
The silicon photonics industry is experiencing rapid evolution, driven by the increasing global demand for high-speed data transmission, energy efficiency, and advanced connectivity solutions. By integrating optical components onto silicon chips using established semiconductor processes, silicon photonics combines the scalability of electronics with the performance of photonics. This synergy is paving...
Silicon Photonics Market: Market Shares, Trends, Top Key Players, Industry Overview and Global Forecast to 2023
The silicon photonics market is expected to be worth USD 1,988.2 million by 2023, growing at a CAGR of 20.8% between 2018 and 2023. Factors such as reduction in power consumption with use of silicon photonics based transceivers and the growing requirement of high bandwidth and high data transfer capabilities are driving the market growth. Short-reach communication and growing government and stakeholder...