Silicon Photonics Market Share

  • Report ID: 4850
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Silicon Photonics Market Share

APAC Market Statistics

The share of silicon photonics market in Asia Pacific, amongst the market in all the other regions, is projected to be the largest with a share of about 35% by the end of 2037. The growth of the market can be attributed majorly to the growing number of data centers and the rising demand for high-speed internet connections in the region. With 450 data centers, China is ranked third in terms of the number of data centers among countries. Approximately 7 million square feet of space is expected to be occupied by Indian data centers as of 2021. As of 2025, India is expected to have 180 data centers and 1300 MW of data center capacity. As data centers become more prevalent, the need for faster and more efficient data transfer also increases. Silicon photonics is an emerging technology that uses light to transfer data at high speeds, making it an attractive solution for data centers. Moreover, the rising demand for bandwidth in the region as a result of rapid growth in the commercial sector is driving the need for faster and more efficient communications, which is giving a further boost to the share of silicon photonics market in the region.

North American Market Forecast

The North America silicon photonics market is estimated to be the second largest, registering a share of about 24% by the end of 2037. The growth of the market can be attributed majorly to the rapid growth in defense & security sector in the region. The increasing demand for advanced equipment and systems in the defense & security sector is driving the development of silicon photonics technology. This technology offers advantages such as high bandwidth, light weight, low power consumption, and scalability. Additionally, the increasing need for faster data transfer rates has led to the development of advanced technologies such as 5G and 6G, which have further propelled the growth of the North America silicon photonics market.

Europe Market Forecast

Further, the silicon photonics market in the Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2037. The growth of the market can be attributed majorly to the increasing demand from the healthcare and life science industry. Silicon nanophotonics allows for the rapid detection of disease markers. This technology can measure tiny fluctuations in light intensity, which makes it ideal for the precise detection of disease markers. This technology also makes it possible to create portable testing kits that can be used in both home and laboratory settings. Furthermore, the technology can also be applied to medical sensing and imaging applications, which makes it in high demand in the healthcare and life science fields.

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Author Credits:  Abhishek Verma


  • Report ID: 4850
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of silicon photonics is estimated at USD 4.12 billion.

The silicon photonics market size was valued at USD 3.33 billion in 2024 and is expected to cross USD 99.88 billion by the end of 2037, registering more than 29.6% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for high-speed data transmission at lower cost and the growing demand for data centers will boost the market growth.

Asia Pacific industry is set to be the largest with a share of about 35% by 2037, due to growing number of data centers and the rising demand for high-speed internet connections in the region.

The major players in the market include MACOM, Intel Corporation, Cisco Systems, Inc., Juniper Networks, Inc, International Business Machines Corporation, Sicoya GMBH, GlobalFoundries, Finisar Corporation, Mellanox Technologies, STMicroelectronics N.V.
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