Silicon Photonics Market Outlook 2026 By Size, Share, Trends, Growth, Opportunities, Forecast
According to TechSci Research, Global silicon photonics market is projected to grow at a double-digit CAGR during the forecast period. Broadcasting and live streaming requires high speed internet connection and optical cables can transfer information or data in reduced time when compared with counterparts like conductors, etc., driving the demand for silicon photonics market. Silicon photonics makes use of optical rays for transmission of data among computer chips. Higher bandwidth is the major reason for the growing adoption of silicon photonics across the globe. The global silicon photonics market is segmented based on component, product, material, end user, region and company. Growing use of cloud computing is generating large amounts of data in data centers and hence, IT & telecom sector is witnessing high demand for the silicon photonics-based components. Also, silicon photonics is energy efficient and provides high speed performance so other industries are ...