The silicon photonics market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.52 billion by 2029, growing at a CAGR of 28.3% from 2024 to 2029.
The primary factor driving the growth of the silicon photonics market is the increasing requirements for high-bandwidth data transfer capabilities. The electrical signal integrity and impairments become more critical as the data rate between the nodes increases. Optics offers higher bandwidth solutions with fewer signal integrity problems than equivalent electrical cabling. A single set of chip transmitters and receivers can deliver 100 Gbps bandwidth over long distances with margin error rates. Conventional technologies have limits on data transfer rates and consume high power. Thus, there is an need for technologies like silicon photonics to achieve high data transfer capabilities.
To know about the assumptions considered for the study download the pdf brochure
Major Silicon Photonics companies include:
The major players in the silicon photonics market are Cisco Systems, Inc. (US), Intel Corporation (US), MACOM (US), GlobalFoundries Inc. (US), Lumentum Operations LLC (US), Marvell (US), Coherent Corporation (US), IBM (US), STMicroelectronics (US), Rockley Photonics Holdings Limited (US) among others. The major players in the silicon photonics market have predominantly used acquisition and partnership tactics to strengthen their market position.
Cisco Systems, Inc.
Cisco Systems, Inc. is a company that specializes in designing and manufacturing silicon and customized chipsets for high-speed networks. Its innovative products are used in the next generation of data centers and carrier switches. The company's business is divided into two categories: Products and Services. The Products category is subdivided into Networking, Wireless and Mobility, Security, Collaboration, Data Center, Analytics, Video, IoT, and Software. The Services category is divided into Technical Support and Advanced Services. Cisco Systems, Inc. offers optical transceiver modules in various networking applications, ranging from campus to data centers to service provider networks. Its pluggable optics innovation, investment, and expertise help reduce the complexity of optical transceiver modules. In July 2019, Cisco Systems, Inc. acquired Acacia Communications, a developer and manufacturer of high-speed coherent optical interconnect products in the US. By acquiring Acacia, Cisco Systems, Inc. was able to enhance its coherent optics technology and expand its portfolio, mainly due to Acacia's portfolio of industry-leading optical, silicon, and software technologies. Cisco Systems, Inc. has manufacturing facilities, R&D centers, and service centers located around the globe.
Intel Corporation
Intel Corporation designs manufactures and sells computer products and technologies. It delivers computers, networking, data storage, and communications platforms. The company provides products capable of achieving speeds of up to 100 Gbps and is actively working to achieve even higher speeds of up to 400 Gbps. Its focus is on manufacturing products explicitly designed for data center applications, such as the 100G CD CWDM4 and 100G PSM4, based on an optical integration platform. As a leader in silicon photonics, Intel Corporation enables future data center bandwidth growth and next-generation 5G deployments with smaller form factors and higher speeds, ranging from 100G to 400G and beyond, while providing new optical integration platforms. Intel Corporation has an excellent global presence with manufacturing plants located in Oregon (US), Arizona (US), New Mexico (Mexico), Ireland, Chengdu (China), Dalian (China), Vietnam, Malaysia, and Israel, and sales offices all over the world.
Related Reports:
Silicon Photonics Market by Product (Transceivers, Variable Optical Attenuators, Switches, Sensors, and Cables), By Components (Lasers, Modulators, Optical Waveguides, Optical Interconnects, Photodetectors) - Global Forecast to 2029
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE