Silicon Photonics Market worth $410.78 Million by 2020 According to the new market research report “Silicon Photonics Market by Products (Silicon Optical Interconnects & Wavelength Division Multiplexer Filters & Others), Applications (Telecommunication, Datacom, High Performance Computing & Others) & Geography - Analysis & Forecast (2013-2020)” published by MarketsandMarkets, Inc., the total market is expected to reach $410.78 million by 2020, growing at a CAGR of 24.5% for the period of 2013 to 2020. Browse 70 market data tables and 24 figures spread through 204 pages and indepth TOC on “Silicon Photonics Market by Products (Silicon Optical Interconnects & Wavelength Division Multiplexer Filters & Others), Applications (Telecommunication, Datacom, High Performance Computing & Others) & Geography Analysis & Forecast (2013-2020)" http://www.marketsandmarkets.com/Market-Reports/silicon-photonics-116.html Early buyers will receive 10% customization on reports. The global silicon Photonics market revenue is expected to reach $88.6 million by the end of 2013. It is also expected to grow up to $410.78 million in 2020 at a CAGR of 24.5%. This growth is heralded by the telecom and Datacom application markets for silicon Photonics products. The silicon Photonics Datacom applications sector is expected to grow rapidly in the coming seven years. When geographical markets of North America, Europe, Asia Pacific and the Rest of the World are considered, North America has the major share in the market with expected revenue of roughly $47.1 million in 2013. The CAGR of the market’s primary based in – North America, for the period 2013 to 2020 is calculated to be 22.7%. APAC and Europe are the fastest growing regions, with expected CAGRs of
27.4% and 26.1% respectively from 2013 to 2020, due to the major growth spurts expected in the Datacom application sector. Free PDF Download @ http://www.marketsandmarkets.com/pdfdownload.asp?id=116 Silicon Photonics is comparatively new technology which got commercialized in the last decade. Basically Silicon Photonics is the technology which uses optical rays to communicate with other computer chips. This technology has the potential to satisfy ever growing need of bandwidth requirement of the communication and data networks. Silicon Photonics will be a key element in future Datacom and telecom network. Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=116 With the development in technology and easy availability of the communication devices, data traffic is increasing rapidly and is expected to increase exponentially in coming future. This is creating an extra burden on existing infrastructure as these infrastructures are not designed to handle loads of data. Currently the North American region is the largest contributor to silicon Photonics product market. This mainly because of the extensive research and development is going on in this region. With the building management services, it is now moving towards the cloud based services, the cost of service will again reduce gradually and; hence, the automation for smaller or less complex residential buildings would be much more affordable. This is a positive sign for the Asian region, which is currently experiencing a heavy growth in infrastructure and construction activities, and where the average income of the common population is not as high as that in Europe. Most of the major global players have a good presence in Europe and North America. However, such companies are far from establishing themselves completely in the Asian region. Local giants, especially in China, are surely expected to make their job tougher to a great extent. Nevertheless, the penetration of this market through mergers and acquisitions
with the local players would surely increase the revenue of the global players to a great extent. While all the other regions are expected to grow at less than 20% CAGR, the Asian region is expected to grow at a CAGR of more than 20% during the forecast period. Browse Related Reports Photonic Integrated Circuit (IC) & Quantum Computing Market (2012 – 2022): By Application (Optical Fiber Communication, Optical Fiber Sensors, Biomedical); Components (Lasers, Attenuators); Raw Materials (Silica on Silicon, Silicon on Insulator) http://www.marketsandmarkets.com/Market-Reports/photonic-integratedcircuit-ic-optical-computing-chip-market-881.html Photonic Sensor Market (2011 - 2016): Global Forecast - By Type (Laser, Biophotonic, Fiber Optic) & Application (Oil & Gas, Military & Aerospace, Energy & Infrastructure, Industrial Automation, Medical and Others) http://www.marketsandmarkets.com/Market-Reports/photonics-sensor-market427.html About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
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