Skip to main content

North America Dominate the Highest Growth Region

 

According to a new market intelligence report by BIS Research titled ‘Global Silicon Photonics Market − Analysis and Forecast, 2019-2025, the global silicon photonics market was estimated to be $520.0 Million in 2019 and is expected to reach $3.07 Billion by the end of 2025, growing at a CAGR of 33.95% during the forecast period.

BIS Research Report: https://bisresearch.com/industry-report/silicon-photonics-market.html

In terms of regional demand, North America and Europe together hold more than 60% of the total market share. The dominance of North America is attributable to the increasing adoption of silicon photonic products across the data communication and telecommunication industries. China also holds a notable share in the silicon photonics market in terms of revenue generation due to strong focus on research and development, well-established closed knit supply chain, and the massive growth in emerging end-use markets in China. The rapid growth in India is attributed to the support from Government of India in terms of tax exemptions, huge investment in R&D, rising spending on the healthcare sector, along with support from private entities for the installation of silicon photonics-based technology in all verticals.

About BIS Research:

BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.

 

With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.

 

Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.

 

What distinguishes BIS Research from the rest of the players is that we don’t simply provide data but also complement it with valuable insights and actionable inputs for the success of our clients.

 

Contact:

Bhavya Banga

Email: media@bisresearch.com

BIS Research Inc.

39111 PASEO PADRE PKWY STE 313,

FREMONT CA 94538-1686

Visit our Blog @ https://blog.bisresearch.com/

Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research

Connect with us on Twitter@ https://twitter.com/BISResearch

 

Comments

Popular posts from this blog

Farm Management Software and Data Analytics Market Future Prospects And Competitive Analysis 2020-2026

The growth in the global farm management software and data analytics market is expected to be driven by increasing demand for agricultural mechanization and automation along with increasing average farm size in certain countries such as Australia and Canada. Report Preview is available at: https://bisresearch.com/industry-report/global-farm-management-software-data-analytics-market.html Farm management software and data analytic solutions not only offer increased transparency in the agricultural field but also decrease the chances of pest attack and crop failure. Increased agricultural production will help in catering to the growing population and uplifting the global agricultural industry. A major factor driving the farm management software and data analytics market is the increase in government initiatives and support toward agricultural digitization. Government initiatives increase the awareness regarding the farm management software and the benefits these solutions entail when appl...

Unmanned Aerial Vehicles (UAV) Market

This report is intended to be a comprehensive study of the global Unmanned Aerial Vehicles (UAV) market . The report focuses largely on providing market information for UAVs, covering stakeholder analysis and geography. Further, the market estimated for UAVs considered “2017-2021” as the forecast period. The research methodology design adopted for this specific study includes a mix of data collected from primary and secondary sources. The research exhaustively use both primary sources (in-house experts, industry leaders and market players) and secondary sources (a host of paid and unpaid databases) along with analytical tools to build forecast and predictive models. Primary Data Sources The primary sources involve the industry experts from the Unmanned Aerial Vehicles (UAV) industry including the experts from drone manufacturers, software providers and key innovators among others. Primary resources such as CEOs, vice presidents, marketing directors, and technology directors, a...

Chatbots Increasing Efficiency in Healthcare Market

Chatbots are one of the prominent technologies currently being integrated into the healthcare system. The chatbots are not considered as the SaMD (software as medical device) as they do not participate in clinical decision-making process, rather, they act as the personal healthcare assistant as well as the trainer for its users. Click Here To Get Detailed Description of  Chatbots in Healthcare Market The usage of chatbots in the healthcare has gained popularity since 2013, when Babylon Health, the first healthcare chatbot company of the U.K. was launched. The company offered symptom checker chatbot and has started using the same chatbot as a health checker as well. The industry comprises the bot developers, platform providers, content providers, and the interface providers. Since there are no regulatory bodies such as FDA and MHRA directly governing the usage of chatbots, launching the chatbot is convenient for the developers. New start-ups are coming up wit...