{"id":28806,"date":"2020-06-19T23:30:00","date_gmt":"2020-06-19T23:30:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2606819"},"modified":"2020-06-19T23:30:00","modified_gmt":"2020-06-19T23:30:00","slug":"silicon-photonics-market-worth-3-0-billion-by-2025","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/06\/19\/silicon-photonics-market-worth-3-0-billion-by-2025\/","title":{"rendered":"Silicon Photonics Market Worth $3.0 Billion by 2025"},"content":{"rendered":"

According to the new market research report on the“Silicon Photonics Marketwith COVID-19 Impact, by Product (Transceivers, Switches, Variable Optical Attenuators, Cables, Sensors), Application (Data Center, Telecommunication, Military & Defense, Life Sciences, Sensing), Component, and Geography – Global Forecast to 2025”<\/strong>, published by MarketsandMarkets\"™\", the Silicon Photonics Market is projected to grow from USD 1.0 billion<\/span> in 2020 to USD 3.0 billion<\/span> by 2025, growing at a CAGR of 23.4%. The growing requirement for high bandwidth and high data transfer capabilities is the key factor that drives the growth of the silicon photonics market.<\/p>\n

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Silicon photonic transceivers are expected to lead market during forecast period<\/strong><\/p>\n

Transceivers are used in a variety of applications, such as high-performance computing, data centers, and telecommunications, with the growing demand for high-speed data rate transmission in data centers. With major technological advancements in silicon photonics, it is possible to transfer the data at a speed of up to 400 Gbps. Intel’s 100G PSM4 QSFP28 optical transceiver is capable of sending data at a speed of 100 Gbps. The rapid spread of the COVID-19 pandemic will lead to a decrease in the sales of silicon photonic devices in 2020. However, a quick jump is expected in the sales of silicon photonic products in 2021, primarily to fulfill the pending requirements of 2020.<\/p>\n

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Data center and high-performance computing application is expected to witness highest growth rate during forecast period<\/strong><\/p>\n

Data centers are experiencing an exponential increase in data traffic due to the rise of cloud computing. Owing to technological advancements in high-performance computing, there would be an increasing adoption and integration of optics using silicon photonics. Microsoft Azure is using Intel’s silicon photonics for silicon photonics-based optical I\/O modules that would target data communication at high speeds.<\/p>\n

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Browsein-depth TOC on<\/em>“<\/strong>Silicon Photonics Market<\/a>”<\/p>\n

108 – Tables
<\/strong>47 – Figures
<\/strong>149 – Pages<\/strong><\/p>\n

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North America<\/span> to be largest market for silicon photonics during forecast period<\/strong><\/p>\n

North America<\/span> is expected to continue to command the silicon photonics market in the coming years by accounting for the largest market share because it is the hub of many technology companies and R&D establishments, thereby leading to prominent innovations and technological advancements; also, there is a huge and steady flow of monetary investment available for research-related activities from governments and venture capitalists.<\/p>\n

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Major companies involved in the development and supply of silicon photonics include CISCO (US), Intel (US), MACOM (US)<\/span>, GlobalFoundries (US), NeoPhotonics (US), InPhi (US), Mellanox (US), II-VI Incorporated (US), and Rockley Photonics (US).<\/p>\n

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Related Reports:<\/strong><\/p>\n

Data Center Interconnect Market<\/a>by Type (Product, Software, Services), Application (Real-Time Disaster Recovery and Business Continuity, Workload (VM) and Data (Storage) Mobility), End User, and Region – Global Forecast to 2025<\/p>\n

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According to the new market research report on the “Silicon Photonics Market with COVID-19 Impact, by Product (Transceivers, Switches, Variable Optical Attenuators, Cables, Sensors), Application (Data Center, Telecommunication, Military & Defense, Life Sciences, Sensing), Component, and Geography – Global Forecast to 2025”, published by MarketsandMarkets™, the Silicon Photonics Market is projected to grow from USD 1.0 billion … Continue reading Silicon Photonics Market Worth $3.0 Billion by 2025<\/span><\/a> Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5,4,54],"tags":[],"class_list":["post-28806","post","type-post","status-publish","format-standard","hentry","category-english","category-extended-distribution","category-research-newswire","category-wire"],"yoast_head":"\nSilicon Photonics Market Worth $3.0 Billion by 2025 - 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