Global Silicon Photonics Global Market Report 2023: Surging Utilization of Silicon Photonics Technology in Short-Reach Communication Presents Opportunities
Increasing government and stakeholder funding, growing deployment of 5G networks, emerging applications of silicon photonics, and surging utilization of silicon photonics technology in short-reach communication provide lucrative opportunities to the silicon photonics market.
- Increasing government and stakeholder funding, growing deployment of 5G networks, emerging applications of silicon photonics, and surging utilization of silicon photonics technology in short-reach communication provide lucrative opportunities to the silicon photonics market.
- The Transceivers segment is expected to dominate the silicon photonics market during the forecast period.
- Technological advancements in silicon photonics have made it possible to transfer data at a speed of up to 800 Gbps.
- Many technology giants plan to have their data centers in the country, providing an excellent opportunity for the silicon photonics market in this region.