The Global Silicon Photonics Market is expected to reach USD 2,518.59 Million by 2024 at a CAGR of 22.93% during the forecast period. Market Research Future (MRFR), in its report, envelops segmentations and drivers to provide a better glimpse of the market in the coming years.
The latest market evaluation report on the Silicon Photonics market explores how the Silicon Photonics market will continue to expand for the forecast period 2020 – 2027. The study further serves as a unique research for stakeholders, product owners, and field marketing executives looking for actionable data and unique resource on Silicon Photonics market size, share, and growth.
The market intelligence report gives business evangelists an authority to review the major trends, opportunities, and challenges expected to shape the future of the industry during the estimated period. Importantly, the study not only helps spot the major vendors but also their winning strategies. The real-time data accumulated through qualitative and quantitative research technique further help business owners determine where they stand in comparison to their region, country, and product category.
Top Key Players:
The Key Players of the Global Silicon Photonics Market are Infinera Corporation (US), Cisco Systems Inc. (US), Intel Corporation (US), IBM Corporation(US), Mellanox Technologies Ltd (Israel), Hamamatsu Photonics KK (Japan), STMicroelectronics NV (Switzerland), Finisar Corporation (US), FLIR Systems (US), IPG Photonics Corporation (US), NKT Photonics (Denmark), SICOYA (Germany), AIO Core Co. Ltd (Japan) and DAS Photonics (Spain).
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/silicon-photonics-market-2809
Based on end-user, the market has been classified as consumer electronics, IT & telecommunication, commercial, military & defense, healthcare, and others. The IT & telecommunication segment accounted for the largest market share in 201; it is expected to register the highest CAGR during the forecast period. Silicon photonics primarily enables high-speed data transfer.