cl-nz logo
Story image

Silicon photonics market to grow 23.4% in next six years

31 Jan 2019

The silicon photonic market was valued at US$510 million in 2019 and is projected to reach $US2750 million by 2025, at a CAGR of 23.4% during the forecast period.

The new 2019 Global Silicon Photonic Market Report research from ReportsnReports.com intends to offer a fresh outlook on the market and fill in knowledge gaps with the help of processed information and opinions from industry experts.

In this study, 2019 has been considered the base year and 2019 to 2025 as the forecast period to estimate the market size for silicon photonics. 

APAC is expected to grow at the highest CAGR for the silicon photonics market during the forecast period due to the increasing use of internet services in data centre and telecommunications applications in this region. 

Also, major players have their manufacturing plants in APAC, which is fueling the growth of silicon photonics in the region. 

The silicon photonics market in APAC is mainly driven by China as the biggest manufacturers have their production facilities in the country. 

It is expected that there will be an increase in the use of silicon photonics transceivers for telecommunications applications due the consistent rise in the use of smartphones and internet facilities throughout the area. 

Expos and conferences that showcase and promote emerging technologies will also help boost the growth of the silicon photonics market.

This is a top to bottom, expert examination on the present condition of the silicon photonic industry that gives a fundamental review of the market, including definitions, arrangements, applications and industry chain structure. 

The silicon photonic industry investigation includes worldwide markets including advancement patterns, focused scene examination, and key districts improvement status. 

Improvement strategies and plans are also examined and producing procedures and cost structures are broken down. 

Story image
NZ telcos to provide essential repair services using 'no contact' model
Telecommunications companies have closed their doors for usual retail service, but will provide repairs and modem and phone provisions only if there is a genuine connectivity issue.More
Story image
Data visualisation tech in medicine to see major growth
Analysis of industry data indicates expenditure on big data analytics in healthcare is estimated to see a compound annual growth rate of over 19% between now and 2027.  More
Story image
Dicker Data A/NZ open for business as countries face lockdown
Dicker Data’s founder and CEO David Dicker says the company is open for business and fully operational as Australia and New Zealand prepare for country-wide lockdowns.More
Story image
Deep learning seeing widespread adoption in APAC region
As a sub-category of machine learning, deep learning is fast becoming part of mainstream AI deployments – new software to join the likes of Siri, Alexa and Cortana is currently being developed and will likely be introduced in the next few years, says GlobalData. More
Story image
Check your home network: Demand will congest internet during Covid-19 lockdown
New Zealand Telecommunications Forum says demand for data will increase as New Zealanders use their home networks to access internet to continue working, learning and to entertain themselves once the entire country goes into self-isolation. More
Link image
RSA offers cutting edge authentication software free
Secure authentication has never been more important now that remote working is the norm. Leverage biometrics, push notification and multi-factor authentication for free now.More