Silicon Photonics Devices Market Size Worth USD 12,285.4 Million in 2032 | Emergen Research [Yahoo! Finance]
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Source: Yahoo! Finance
Vancouver, Dec. 05, 2023 (GLOBE NEWSWIRE) -- The global Silicon Photonics Devices Market is forecasted to be worth USD 12,285.4 Million by 2032, according to a current analysis by Emergen Research. As there is a growing trend for connected devices and IoT in several industries, the need for the number of data points has also increased substantially. The factor driving the demand for the market is efficient power consumption usage in silicon photonics devices and increasing the bandwidth requirement for the transfer of large data. Increased funding into the sector has also propelled the growth of the market. Moreover, with a fall in the price of these devices, the demand has increased extensively in various sectors such as telecommunications, healthcare, and defense, among others. An increase in the level of awareness in the healthcare sector, and incorporation of IT in the industry, such as refractive sensing and lab-on-chip solutions, have also boosted market demand. The rise in
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CSCO
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CSCO
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- 12/19/25 - Form 4
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- 12/19/25 - Form 4
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