Silicon Photonics Market Size to Reach $918.3 Million by 2025: Grand View Research, Inc.

The IT and telecommunication application segment would dominate the sector in terms of market size over the forecast period. Silicon photonics devices find commercial applications in high-performance computers and data center applications. The silicon photonics technology offers a cost-effective and reliable solution to commercial applications.

The key value chain components for the silicon photonics system include raw material suppliers, component manufacturers (chip and optical interconnect fabrication firms), Original Equipment Manufacturers (OEMs), server system distributors, and end-use segments. Silicon photonics has been a significant research arena since the last decade on account of potential benefits of the optoelectronics integration.

The market can be categorized based on application types into consumer electronics, IT & telecommunication, commercial, defense & security, and healthcare & life science verticals. Silicon photonics devices find commercial applications in high-performance computers and data center applications.

Small size and cost-effectiveness are the ideal features desired from silicon photonics, which is largely driving the growth of the silicon photonics market. Vendors provide solutions across a wide range of industries, such as mobile broadband Internet access, high-performance computing, data center and enterprise networking, and metro and long haul data communications, among many others.

Browse full research report with TOC on"Silicon Photonics Market Analysis By Component, By Product, By Application (IT & Telecommunication, Consumer Electronics, Healthcare and Life Science, Commercial, and Defense and Security), By Region, And Segment Forecasts, 2014 - 2025" at:http://www.grandviewresearch.com/industry-analysis/silicon-photonics-market

Further key findings from the report suggest: 

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Grand View Research has segmented the silicon photonics market based on component, product, application, and region: 

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Read Our Blogs-Silicon Photonics Market: Optical communication is anticipated to spectate an increased adoption of silicon photonic ICs

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