With an astounding Compound Annual Growth Rate (CAGR) of over 26.0% predicted between 2022 and 2032, the silicon photonics market is expected to develop at a spectacular rate in the years to come. This rapidly expanding market is projected to reach a valuation of around US$ 1.3 billion in 2022 and is expected to surpass US$ 6 …
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Silicon Photonics Market totaling a valuation of over US$ 6 Billion by 2032
In silicon photonics technology, silicon is used as a platform for the photonic circuits to create optical communication system which is highly integrated. The modern trend of miniaturization of electronic devices with increasing requirement for speed and efficiency as well as keeping the cost economical, has led to the increase in demand for the global silicon photonics …
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Silicon Photonics Market with Analysis of New Business Opportunities after Covid-19 Impact: Infinera, NeoPhotonics, Avago Technologies, Luxtera, Mellanox Technologies, OneChip Photonics,
In 2022, the market for silicon photonics is anticipated to be worth roughly US$ 1.3 billion. With the increasing use of silicon photonic goods in various applications, it is anticipated that overall demand would increase at an astounding CAGR of over 26.0% between 2022 and 2032, reaching a valuation of over US$ 6 Billion by …