Silicon Photonics Market
The silicon photonics market involves the integration of photonic circuits onto silicon substrates to enable high-speed data transmission with low power consumption. Key customers include data centers, telecommunications networks, and emerging sectors like autonomous vehicles (lidar), healthcare, and quantum computing. Market growth is primarily driven by the exponential increase in data traffic from cloud computing, IoT, and 5G, alongside the adoption of this technology in new, high-growth applications.
CAGR
17.5%
Compound Annual Growth Rate
Current Value
$2.35M
Estimated 2026
Projected Value
$8.54M
By 2034
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