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Showing posts with the label Silicon Photonics Market

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 attribu...

Silicon Photonics : Digitalization is One of The Most Effective Tools for Sustainability

  The growth of data in the 21st century has become inexorable. With data being touted as the new oil, its storage is also becoming increasingly popular in this new era. Alongside storage, the computation and networking of data are also opening up new possibilities. Organizations are utilizing Big Data to gain agility, identify loopholes, maximize their efficiency, and transform businesses. The digital world that is rapidly gaining momentum has shown increased demand for online applications, data transfer, and data storage, among others. Several banks, private and public organizations, and universities have now started to own large data centers that are connected to secure networks. The data centers available today have enormous computational power, processing capability, and storage facility. However, with evolving customer needs, the need for insight through the computation of complex data within a short period of time has led to new technologies being adopted across data centers...

Silicon Photonics Device Market is Expected to Grow at a CAGR of 24.38%

The problem associated with the transfer of heavy data sets, especially over 100 Gigabyte can now be resolved with the help of photonics devices integrated with high density photonics. Silicon photonics technology refers to the use of silicon as a medium for data transmission. This technology is both energy efficient and cost effective at the same time, as it can enable the transfer of data more than 100 Gigabyte even at a slow internet speed. Development of wavelength converters, optical amplifiers and optical lasers has helped in optimizing the performance of the silicon photonics technology. According to a market intelligence report published by the BIS Research, titled ‘ Global Market for Silicon Photonics Devices – Analysis and Forecast (2018 – 2024) ’, the market is expected to grow at a CAGR of 24.38% during the forecast period.  Request the Sample: Silicon Photonics Devices Market Silicon photonics technology is a novel technology and even though it is at a nascent sta...