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 rapid …
Tag Archives: Photonic Integrated Circuits (PIC) Market
Photonic Integrated Circuits (PIC) Market: An Explosive Growth Trajectory Set to Surpass US$ 9.4 Billion by 2032 with a CAGR of 21.5%
The global photonic integrated circuits (PIC) market saw significant growth in 2021, reaching a total sales value of approximately US$ 1.1 Billion. The outlook for this market is even more promising, with a projected growth rate of 21.5% anticipated from 2022 to 2032. This impressive growth trajectory suggests that by the end of this decade, the Photonic …
Photonic Integrated Circuits (PIC) Market on Track for a Dazzling 21.5% CAGR, Envisioning US$ 9.4 Billion Global Worth by 2032
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 rapid …
Photonic Integrated Circuits (PIC) Market Surges: Anticipated US$ 9.4 Billion Valuation with a Remarkable 21.5% CAGR by 2032
The global photonic integrated circuits (PIC) market saw significant growth in 2021, reaching a total sales value of approximately US$ 1.1 Billion. The outlook for this market is even more promising, with a projected growth rate of 21.5% anticipated from 2022 to 2032. This impressive growth trajectory suggests that by the end of this decade, …