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Theu00a0global silicon photonics market size is anticipated to register a robust CAGR of over 21%u00a0during the forecast period from 2021 to 2027 and was estimated at around 1 billion in 2020. The increasing number of data centers and the rising demand for high-speed data transmission are some major factors driving the market growth. Furthermore, the increasing demand for 5G technology and the increasing use of silicon photonic chips for quantum computing is further anticipated to propel the market over the forecast period. Moreover, the increasing use in the oil & gas industry and integration of s
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Global Silicon Photonics Market Global Silicon Photonics Market by Component, by Product, by Application, by Region, Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027
Global Silicon Photonics Market Market Synopsis: Theglobal silicon photonics market size is anticipated to register a robust CAGR of over 21% during the forecast period from 2021 to 2027 and was estimated at around 1 billion in 2020. The increasing number of data centers and the rising demand for high-speed data transmission are some major factors driving the market growth. Furthermore, the increasing demand for 5G technology and the increasing use of silicon photonic chips for quantum computing is further anticipated to propel the market over the forecast period. Moreover, the increasing use in the oil & gas industry and integration of silicon photonics to develop LiDARs is projected to boost the market.
Global Silicon Photonics Market Research Methoddology:
Global Silicon Photonics Market The Data Silicon Photonics Market Segmentation: By Component: • Lasers • Modulators • Photo Detectors By product: • Transceivers • Variable Optical Attenuators • Switches • Cables • Sensors
Global Silicon Photonics Market The Data Silicon Photonics Market Segmentation: By Application: • Data Center and High-performance Computing • Telecommunication • Military, Defense, and Aerospace • Medical and Life Science • Sensing
Global Silicon Photonics Market List of Key Companies: • CISCO • Intel • MACOM • NeoPhotonics • Global Foundries • Molex Inc. • Mellanox Technologies • Northrop Grumman • Texas Instruments • BAE Systems
Global Silicon Photonics Market By Region: • North America • Europe • Asia Pacific • Latin America • Middle East & Africa To know more about this study, request a free sample report @ https://www.researchcorridor.com/request-sample/?id=2691
Global Silicon Photonics Market Media Contact: Company Name: Research CorridorContact Person: Mr. Vijendra SinghEmail: sales@researchcorridor.com Follow Us: