Silicon Photonics in High Performance Computing and Telecommunications Market - Forecast(2021 - 2026)
Silicon photonics market involves the production of photonic systems which have silicon as the optical medium. Waveguides, modulators, switches, photodetectors, lasers, couplers and links are the building blocks of the silicon photonic systems.
Silicon photonics obviously has a wide range of applications in different industries like telecom, data centers, high performance computing, high quality video recording and transfer, metrology, medical and defense. The global silicon photonics market is expected to cross $1 billion by 2022 at an estimated CAGR of 21.39%. High performance computing though still not commercialized to the extent expected will be a major growth driver. Telecommunications however will be the backbone on which the global silicon photonics market is expected to thrive.
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