Stratview Research has published a new report titled “Silicon Photonics Market” which is segmented by Product Type (Switch, Transceiver, Cable, Sensor, and Variable Optical Attenuator), by Application Type (Data Center and High-Performance Computing; Telecommunications; Military, Defense, and Aerospace; Medical and Life Sciences; and Sensing), by Component Type (Active [Laser, Modulator, and Photodetector] and Passive [Filter and Waveguides]), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, the market is likely to witness an impressive CAGR of 20.5% during the forecast period. The prime factor that is contributing to the growth of the market for silicon photonics is mainly the surge in demand for high-speed data transmission in data centers, globally.

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