analytics_image

Vantage Market Research

Reports - Silicon Photonics Market

iconPower Generation

Silicon Photonics Market

Silicon Photonics Market Size, Share & Trends Analysis Report by Product (Transceivers, Switches) by Application (Data Center & High-performance Computing, Telecommunication Waveguide, Component) by Region (North America, Europe, Asia Pacific, Middle East & Africa, Latin America) - Global Industry Assessment (2018 - 2023) & Forecast (2024 - 2032)

Request Sample
ppt iconpdf iconxlsx iconimmediate delivery icon

Industry Leaders Trust Us For Actionable Intelligence

Revenue Insights

Revenue 2021

USD 1.08 Billion

Revenue 2028

USD 3.59 Billion

CAGR Revenue

28.60%

Revenue 2024

USD 2.42 Billion

Revenue 2035

USD 38.46 Billion

CAGR Revenue History

25.8%

Largest Region

Asia Pacific

MSA Largest Region

42.3%

Fastest Region

Asia Pacific

Map Revenue

USD 1.02 Billion

Overview


Silicon Photonics Market: By Product, Application, Waveguide, Component, and region



Market Synopsis:


Global Silicon Photonics market is valued at USD 1.08 Billion in 2021 and is projected to attain a value of USD 3.59 Billion by 2028 at a CAGR of 28.60% during the forecast period, 2022–2028. Silicon Photonics is an enabling technology that provides high performance in data transfer speed and distance, which leads to cost-saving for optical system architectures. The main benefits of Silicon Photonics are: 1) High bandwidth; 2) Low power; 3) Large transmission distance; 4) Cost savings. These benefits make it possible to integrate various functions in information processing like functionalities for optical transceiver modules (OTM), wavelength selective switch (WSS), transparent optical crossconnect (OXC), wavelength monitor (WM), optical Ethernet switch/router, coherent receiver module, etc. Therefore, the demand for Silicon Photonics has been increasing recently because the diverse application areas have increased significantly.


Growing focus on Reducing Power Consumption to Drive Growth of Silicon Photonics


Power consumption has increased drastically with the size of data centers. To reduce power consumption, telecommunication companies are now looking at parallelization and optical interconnections to minimize the usage of copper cables.

The use of light for transmission is not new; it was first used in 1960s during the sending of pictures using fiber optic cables. After that, there were various experiments until Silicon Photonics was developed; it uses electronic circuitry on semiconductor material instead of glass fibers carrying optical signals. With this development, electrical circuits replaced optics like what happened after semiconductors replaced vacuum tubes. This is because optical fiber required bending radius less than 10-7m due to its small wavelength (1μm), which is difficult to achieve with metal wires; but with electronic circuits on semiconductors, the wavelength of light is not an issue.


Market Segmentation:


Global Silicon Photonics market is segmented by Product (Transceivers, Switches), Application (Data Center & High-performance Computing, Telecommunication), Waveguide, Component, and Region.


Optical Networks are Expected to be Key Drivers of Demand for Silicon Photonics


Internet traffic is growing exponentially because of increasing demands from multimedia services, cloud computing, etc. Optical transmission at 40 Gb/s per wavelength can accommodate 200 x 200 Gb/s (400 Tb/s) internet traffic on one fiber. Moreover, optical interconnection can realize transparent data transmission at a super high speed. Optical interconnect technology is expected to be the essential infrastructure for large-scale data centers that process huge volume of information and provide cloud-computing services.


Asia Pacific to Dominate Silicon Photonic Market


Asia-Pacific will continue to lead the global Silicon Photonics market over the forecast period. The Asia-Pacific region is also expected to emerge as an attractive destination for R&D investments due to availability of skilled engineers and research facilities. On the other hand, North America is expected to be the second largest Silicon Photonics market during the forecast period. Furthermore, companies are investing more on standardization of products which is expected to boost the Silicon Photonics market.

The growth of the Asia Pacific market can be attributed to factors such as increasing expansion of optical communication networks and development of high-speed transceivers in the region. Furthermore, gaining need for cost effective data center interconnect applications is promoting growth. In addition, various advancements taking place in the field of optical components has led to development in WDM based laser sources enabling them with low power consumption and low-cost application specific devices that are compatible with other manufacturing platforms to boost the market growth.


{{segment_3_graph}}



Key Players:


Some of the key players in the global Silicon Photonics market are Intel (US), Cisco Systems (US), GlobalFoundries (US), MACOM Technology (US), NeoPhotonics (US), II-VI (US), IBM (US), InPhi (US), Rockley Photonics (US), and STMicroelectronics (Switzerland).


The Silicon Photonics is Segmented as Follows:


North America to continue dominating market

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Renewable Power Market size, 2023 to 2032(USD Billion)

overview image
logo

Source: www.vantagemarketresearch.com

Adoption of Artificial Intelligence

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Report coverage & Deliverables

Our PDF Reports And Online Dashboard Will Help You Stay Ahead In The Market.

    Key features include:

  • Check
    Competitor Benchmarking
  • Check
    Market Trends Heatmapg
  • Check
    Custom Research Queries
  • Check
    Demographic And Geographic Insights

Data breach and cyber security risk

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Market Segmentation

ParameterDetails
Product
  • Transceivers (59.36%)
  • Switches
Application
  • Data Center & High-performance Computing
  • Telecommunication Waveguide
  • Component
Region
  • North America
  • Europe
  • Asia Pacific (42.3%)
  • Middle East & Africa
  • Latin America

Historical & Forecast Data

Base Year

2023

Historic Year

2018 - 2022

Forecast Year

2023 - 2032

FAQ‘s

Realted Reports

Healthcare ITHealthcare IT

Veterinary Care Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Veterinary Care Market, focusing on crucial trends, advancement in technology, and the competitive landscape. With an emphasis on..

From $4299

Healthcare ITHealthcare IT

Surgical Imaging Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Surgical Imaging Market, focusing on crucial trends, advancement in technology, and the competitive landscape. With an emphasis on..

From $4299

Healthcare ITHealthcare IT

Healthcare BPO Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Healthcare BPO Market, focusing on crucial trends, advancement in technology, and the competitive landscape. With an emphasis on..

From $4299

Healthcare ITHealthcare IT

Pen Needles Market Size, Share & Trends Analysis Report

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Pen Needles Market, focusing on crucial trends, advancement in technology, and the competitive...

From $4299

Energy & PowerEnergy & Power

Petroleum Cargo Inspection and Testing Services Market

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Petroleum Cargo Inspection and Testing Market, focusing on crucial trends, advancement in technology, and the competitive...

From $4299

Energy & PowerEnergy & Power

Petroleum Cargo Inspection and Testing Services Market

John Doe
13 Nov
5 Min Read

This report delivers comprehensive analysis of Petroleum Cargo Inspection and Testing Market, focusing on crucial trends, advancement in technology, and the competitive...

From $4299

vantage logo

Vantage Market Research & Consultancy Services is all about providing accurate and reliable market intelligence to its clients for the seamless execution of their business growth strategies.

© 2024 Vantage Market Research. All right reserved
Secured Bysecured by
Silicon Photonics Market Size, Share & Trends Analysis Report by Product (Transceivers, Switches) by Application (Data Center & High-performance Computing, Telecommunication Waveguide, Component) by Region (North America, Europe, Asia Pacific, Middle East & Africa, Latin America) - Global Industry Assessment (2018 - 2023) & Forecast (2024 - 2032)