Global Silicon Photonics Market Analysis, Competition, Forecast & Opportunities to 2026 - ResearchAndMarkets.com [MarketWatch]
Cisco Systems, Inc. (CSCO)
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Source: MarketWatch
Broadcasting and live streaming requires high speed internet connection and optical cables, that can transfer information or data in reduced time when compared with counterparts like conductors, etc., driving the demand for silicon photonics market. Silicon photonics makes use of optical rays for transmission of data among computer chips. Higher bandwidth is the major reason for the growing adoption of silicon photonics across the globe. The global silicon photonics market is segmented based on component, product, material, end-user, region and company. Growing use of cloud computing is generating large amounts of data in data centers and hence, IT & telecom sector is witnessing high demand for the silicon photonics-based components. Also, silicon photonics is energy efficient and provides high speed performance so other industries are also switching to the use of this technology. In terms of product, transceiver is expected to lead the market as it finds usage in end user indust
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