Photonic Integrated Circuit Market Shines Brightly, Poised to Achieve Global Worth of US$ 9.4 Billion by 2032 with a Stellar 21.5% CAGR

The photonic integrated circuits market, US$ 1.1 billion was the market’s estimated 2021 global sales. The market is anticipated to increase by 21.5% between 2022 and 2032, reaching US$ 9.4 billion worth. The greatest revenue-generating segment is anticipated to be optical communications, with a predicted CAGR of 21.5% from 2022 to 2032. China has seen …

Unleashing the Potential of Photonic Integrated Circuits: A Market Analysis by Future Market Insights, Inc.

According to a report recently published by Future Market Insights, the Photonic Integrated Circuit (PIC) Market revenues are expected to reach US$ 1.1 billion in 2021 and are expected to grow at a CAGR of 21.5% between 2022 and 2032. By the end of 2032, the market is anticipated to be worth $9.4 billion. China …