Silicon Photonics Market Forecast: Growth Driven by Data Centers, IoT, and 5G
Silicon photonics is a revolutionary technology that combines the properties of optical and electronic components on a single silicon chip. This innovation has gained significant traction across various industries due to its ability to deliver high-speed data transmission, energy efficiency, and scalability. The silicon photonics market is witnessing robust growth, driven by increasing demand from...
Silicon Photonics Market Projected to reach $7.52 billion by 2029
The silicon photonics market size was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.52 billion by 2029, growing at a CAGR of 28.3% from 2024 to 2029.
The rising demand for new broadband connections and high-speed internet plans has prompted telecom service providers to invest in developing new network technologies, including silicon photonics. These technologies enable high-speed...