Furthermore, the increase in the focus on reducing power consumption using silicon photonic transceivers is further anticipated to propel the growth of the silicon photonics market. Major factors that are expected to boost the growth of the silicon photonics market in the forecast period are the rise in the demand for CMOS-integrated silicon photonics technology in data centers. In one potential use, Si-photonic chips would coexist in many boards.

Silicon photonics technology is known to be have a huge potential to utilize the power of optical networking inside computers and which is utilized to create new generation of miniaturized with low-cost photonic components, this can also be applied in other applications. The rise in the demand for high-speed broadband services is escalating the growth of silicon photonics market. Data Bridge Market Research report on silicon photonics market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The silicon photonics market is expected to witness market growth at a rate of 22.57% in the forecast period of 2022 to 2029. Global Silicon Photonics Market, By ProductВ (Transceiver, Variable Optical Attenuator, Switch, Cable, Sensor), Waveguides (400вЂ“1,500 NM, 1,310вЂ“1,550 NM, 900вЂ“7,000 NM), Material (Silicon Photonics and Photonic IC), Component (Laser, Modulator, Photo-Detector, Wavelength-Division Multiplexing (WDM) Filters), Application (Data Centre and High-Performance Computing, Telecommunications, Commercial, Military, Defense and Aerospace, Medical and Life Sciences, Sensing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029 Market Analysis and Insights : Global Silicon Photonics Market Through incorporating the Web's immediacy with the power of streaming audio and video, Data Bridge Market Research Webinars are one-hour, topic-specific seminars filled with the knowledge and perspectives needed to tackle business needs in the real world. Webinars offer cutting-edge market ideas and solutions through virtual Internet forums to its executive clients.

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