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Study Period | 2019 - 2030 |
Market Size (2025) | USD 18.20 Billion |
Market Size (2030) | USD 46.19 Billion |
CAGR (2025 - 2030) | 20.47 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Photonic Integrated Circuit Market Analysis
The Photonic Integrated Circuit Market size is estimated at USD 18.20 billion in 2025, and is expected to reach USD 46.19 billion by 2030, at a CAGR of 20.47% during the forecast period (2025-2030).
The photonic integrated circuits industry is experiencing transformative growth driven by the rapid evolution of digital infrastructure and emerging technologies. The convergence of optical and electronic components has enabled unprecedented capabilities in data processing and transmission, with photonic ICs offering significant advantages in power efficiency and performance compared to traditional integrated circuits. These advanced circuits can achieve frequencies approximately 1,000-10,000 times higher than conventional microelectronics while consuming roughly 50% less power, positioning them as a crucial technology for next-generation applications.
The industry landscape is being reshaped by strategic collaborations and technological breakthroughs. In March 2022, Tower Semiconductor and Juniper Networks announced a groundbreaking partnership to develop silicon photonics foundry-ready processes with integrated III-V lasers, amplifiers, modulators, and detectors. This collaboration exemplifies the industry's move toward more sophisticated and integrated solutions. Similarly, EV Group and Teramount's strategic partnership for innovative PIC packaging technology demonstrates the industry's focus on addressing manufacturing challenges and scaling production capabilities.
The integration of photonic technology into various sectors continues to expand, particularly in advanced sensing and monitoring applications. The deployment of optical and photonic sensors for high-sensitivity surveillance systems has increased significantly, combining semiconductor photocathode technology with silicon-based digital video technology. According to Digital Realty estimates, by 2024, Global 2000 Enterprises across 53 metros are expected to generate data at a rate of 1.4 million gigabytes per second, highlighting the growing demand for high-performance photonic integrated circuits solutions.
The market is witnessing significant advancement in manufacturing processes and materials technology. In March 2022, Scintil Photonics introduced a prototype of a III-V-augmented silicon photonic integrated circuit, representing a significant step forward in single-chip solutions. This development, along with similar innovations in material integration and manufacturing techniques, is enabling more complex and capable photonic integrated circuits. The industry's focus on developing new materials and manufacturing processes is creating opportunities for more efficient and cost-effective production methods, though challenges remain in scaling production to meet growing demand.
Photonic Integrated Circuit Market Trends
Growing Applications in Telecommunications and Data Centers
The telecommunications and data center sectors are experiencing unprecedented demand for high-speed data transmission capabilities, driving the adoption of photonic integrated circuit technology. Service providers face mounting pressure to enhance bandwidth capacity due to the explosive growth in mobile services, video streaming, and cloud-based applications, leading them to increasingly base their optical networks on photonic chips. According to Cisco's projections, approximately 92% of data center workloads were expected to be processed through cloud computing by 2022, highlighting the critical need for advanced switching and data transfer hardware that can be effectively addressed by photonic integrated circuits (PICs). This shift is further emphasized by the Uptime Institute's findings that about one-third of all workloads are being transferred to cloud, colocation, hosting, and Software-as-a-Service (SaaS) suppliers.
The integration of photonic chips in telecommunications infrastructure has become particularly crucial with the advancement of high-capacity networks and 5G technology deployment. While 5G development has primarily focused on wireless and radio technology, photonics and fiber optics play an essential role in transporting signals to and from next-generation base stations. The industry has witnessed significant innovation in developing cost-effective photonic chip hardware solutions to address these growing demands, particularly in data centers where cloud applications are rapidly increasing network traffic. This is evidenced by recent developments such as OpenLight's introduction of an 800G DR8 photonic integrated circuit in December 2022, specifically designed to advance global data center interconnect capabilities through their open silicon photonics foundry platform.
Investments and Research to Miniaturize the PICs
The push toward miniaturization of photonic integrated chips has attracted substantial investment and research initiatives, particularly through public-private partnerships and research consortiums. Notable examples include the American Institute for Manufacturing Integrated Photonics (AIM Photonics) in the United States, which represents a collaborative effort between academia, business, and government partners to advance photonic integrated circuit technology. These research initiatives focus on developing smaller, more efficient PICs that can operate with light and photons instead of electricity and electrons, offering superior bandwidth and efficiency for future applications including quantum computing and advanced telecommunications.
The industry has witnessed significant technological breakthroughs in miniaturization efforts, particularly in silicon photonics and integrated optical solutions. Research institutions and companies are actively working on reducing the size of optical components while maintaining or improving their performance capabilities. This is exemplified by developments in chip-based photonic quantum circuits, which have made substantial progress in quantum information processing. The focus on miniaturization has also led to innovations in hybrid platforms that combine various optical integrated circuit technologies in a single functional unit, addressing the limitations of traditional monolithic photonic circuits. These advancements are particularly crucial for applications in high-performance computing, where the integration of photonic components with computing resources can significantly reduce power consumption while increasing data throughput between computational elements.
Segment Analysis: By Type of Component
Transceivers Segment in Photonic Integrated Circuit Market
Transceivers hold the dominant position in the photonic integrated circuit market, accounting for approximately 35% market share in 2024. This leadership position is primarily driven by the segment's crucial role in data centers and telecommunications infrastructure, where these components enable high-speed data transmission and optical integrated circuit communication. The transmitter portion of silicon photonics optical engines takes multiple high-speed electrical channels and converts them to equivalent high-speed optical signals, supporting distances from rack-to-rack connections to cross-data center communications. The widespread adoption of transceivers is further accelerated by their ability to address bandwidth bottlenecks while reducing power consumption and increasing port density in board-to-board applications.
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Detectors Segment in Photonic Integrated Circuit Market
The detectors segment is experiencing rapid growth in the photonic integrated circuit market for the forecast period 2024-2029. This growth is primarily driven by the increasing integration of superconducting nanowire single-photon detectors and quantum sources with photonic waveguides for advanced quantum integrated circuits. The segment is witnessing significant technological advancements, particularly in Ge-based photodetectors serving as optic-to-electric converters in silicon photonic technology. The expansion is further supported by the rising demand for ultra-sensitive photodetectors in various applications, including automotive LiDAR, bio-sensing, quantum computing, artificial intelligence, microwave photonics, and optical communications.
Remaining Segments in PIC Component Market
The other significant segments in the photonic integrated circuit market include modulators, lasers, multiplexer/demultiplexer (MUX/DEMUX), and optical amplifiers. Modulators play a crucial role in external modulation links in telecommunications and internal links on integrated circuits. Lasers, particularly distributed feedback lasers (DFB), serve as essential sources in efficient PIC functioning. The MUX/DEMUX segment facilitates the transmission of vast numbers of signals through single-mode fiber, while optical amplifiers enhance signal strength and enable long-distance communication. Each of these components contributes uniquely to the overall functionality and performance of photonic integrated circuits across various applications.
Segment Analysis: By Type of Raw Material
III-V Material Segment in Photonic Integrated Circuit Market
The III-V material segment dominates the photonic integrated circuit market, holding approximately 81% market share in 2024. This significant market position is attributed to III-V materials' superior capabilities in producing active devices like lasers and amplifiers. Materials such as GaAs, InP, GaN, InAs, and InSb are extensively used in monolithic photonic ICs, particularly for controlling band gap width and operating wavelength of active devices. The segment's prominence is further strengthened by the growing applications of GaAs in RF applications, photonics, and LEDs, while InP continues to demonstrate high potential in data center solutions and telecommunications applications, offering capabilities for creating sensitive photodetectors, efficient lasers, and modulators in the 1.55-micron wavelength window typically used for telecommunications.
Silica-on-Silicon Segment in Photonic Integrated Circuit Market
The Silica-on-Silicon (SoS) segment is experiencing the highest growth rate in the photonic integrated circuit market, with an expected growth rate of approximately 23% during 2024-2029. This remarkable growth is driven by SoS's emergence as the dominant optical planar platform technology, offering inherently low-cost setup and operations while enabling ready integration of electronic devices. The segment's growth is further propelled by its applications in wavelength-division multiplexed optical communication systems and optical sensing, including biosensors and bioanalytical micro-techniques. The technology's ability to support multiple channels and its compatibility with microelectronics technology has attracted significant attention from major microelectronics companies, leading to increased investments and internal developments in silicon photonics projects.
Remaining Segments in Raw Material Type Segmentation
The Lithium Niobate and Other Raw Materials segments complete the market landscape, each offering unique advantages for specific applications. Lithium Niobate is gaining prominence due to its strong electro-optic effect, large refractive index, and wide transparency wavelength, making it particularly suitable for electro-optic devices and nonlinear optical applications. The Other Raw Materials segment, which includes innovative materials like graphene, silicon-on-insulator, glass, and polymers, continues to drive innovation in the market. These materials are particularly important for specialized applications such as quantum computing, optical sensing, and next-generation communication systems, offering unique properties that complement traditional materials in the photonic integrated circuit ecosystem.
Segment Analysis: By Integration Process
Monolithic Segment in Photonic Integrated Circuit Market
The monolithic integration segment continues to dominate the global photonic integrated circuit market, commanding approximately 81% of the total market share in 2024. This significant market position is attributed to monolithic integration's ability to fabricate different materials on the same wafer substrate, making it particularly suitable for specific applications like sensing in devices where form factor is crucial. The segment's strength lies in its ability to integrate multiple optical functions into a single chip, offering advantages in terms of energy efficiency and reliability. Monolithic integration has gained substantial traction in applications requiring high-density integration and cost-effective solutions, particularly in data centers and telecommunications infrastructure. The technology has shown remarkable advancement in areas such as silicon photonics and indium phosphide-based integration, enabling the development of complex optical circuits with improved performance characteristics.
Hybrid Segment in Photonic Integrated Circuit Market
The hybrid integration segment is emerging as the fastest-growing segment in the photonic integrated circuit market, projected to grow at approximately 23% during the forecast period 2024-2029. This impressive growth trajectory is driven by the segment's unique ability to combine multiple materials for optimized performance, allowing manufacturers to utilize the best materials for each individual optical function. The hybrid approach offers greater design flexibility and superior performance capabilities, particularly in applications requiring high-speed data transmission and complex optical processing. The technology is witnessing increased adoption in advanced computing applications, telecommunications infrastructure, and next-generation networking solutions. The growth is further supported by ongoing technological advancements in chip-based photonic quantum circuits and the development of new hybrid photonic architectures with enhanced light controllability.
Segment Analysis: By Application
Data Centers Segment in Photonic Integrated Circuit Market
Data centers represent the dominant segment in the photonic integrated circuit market, commanding approximately 67% market share in 2024. This significant market position is driven by the explosive growth in data traffic, cloud computing, and the increasing adoption of artificial intelligence and machine learning applications. The implementation of photonic integrated circuits in data centers enables higher bandwidth, reduced power consumption, and improved data transmission speeds compared to traditional electronic circuits. Major hyperscale data center operators are increasingly deploying PICs to address the challenges of rising data volumes while maintaining energy efficiency. The integration of silicon photonics and advanced optical interconnects within data center architectures has become crucial for supporting next-generation computing requirements and managing the exponential growth in data processing demands.
Biomedical Segment in Photonic Integrated Circuit Market
The biomedical segment is emerging as the fastest-growing application area in the photonic integrated circuit market, with projections indicating robust growth of approximately 22% during 2024-2029. This remarkable growth is fueled by increasing adoption of PIC-based diagnostic and therapeutic devices, particularly in point-of-care applications. The integration of photonic chip technology in medical devices enables non-invasive or minimally invasive monitoring of various physiological parameters. Advanced applications include optical coherence tomography (OCT), biosensors, and medical imaging systems that leverage the high precision and reliability of photonic integrated circuits. The miniaturization capabilities of PICs are particularly valuable in developing portable and wearable medical devices, while their ability to enable real-time, high-accuracy measurements makes them ideal for next-generation healthcare monitoring solutions.
Remaining Segments in Application Segmentation
The telecommunications and other applications segments complete the market landscape for photonic integrated circuits. The telecommunications sector continues to be a crucial application area, driven by the ongoing deployment of 5G networks and the increasing demand for high-speed optical communications infrastructure. The other applications segment encompasses diverse use cases including LiDAR systems for autonomous vehicles, optical sensors for industrial applications, and advanced metrology systems. These segments benefit from the fundamental advantages of photonic integrated circuits, such as reduced power consumption, increased bandwidth, and improved signal processing capabilities. The continuous evolution of these applications, particularly in areas like quantum computing and aerospace communications, ensures their sustained importance in the overall market ecosystem.
Photonic Integrated Circuit Market Geography Segment Analysis
Photonic Integrated Circuit Market in North America
North America continues to dominate the global photonic integrated circuit market, holding approximately 45% of the total market share in 2024. The region's leadership position is primarily driven by the extensive presence of data centers and WAN applications of fiber optic communication. The growing need for high-speed data transmission, increased data traffic in cloud computing, and the rapid roll-out of IoT have created a robust ecosystem for photonic circuits in the region. The United States, in particular, has emerged as a key market with its multinational companies like IBM Corporation, Intel Corporation, and Cisco working collaboratively with partners in academia, business, and government to develop PIC-based solutions for communications challenges. The region's strong focus on research and development, supported by public-private partnerships and national research consortiums, has fostered continuous innovation in PIC technologies. Additionally, the Defense Advanced Research Projects Agency's involvement in developing photonic integrated circuits for military applications has further strengthened the market's growth trajectory.
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Photonic Integrated Circuit Market in Europe
The European photonic integrated circuit market has demonstrated robust growth, recording approximately a 21% growth rate from 2019 to 2024. The region's market expansion is supported by significant investments from the European Commission in photonic IC technologies, ranging from fundamental research to pilot line manufacturing. Europe has developed a vibrant PIC ecosystem through pioneering investments in proof-of-concept device prototyping and application development. The region's strength lies in its highly interdisciplinary approach, combining expertise from various industrial and research organizations. The presence of advanced manufacturing facilities and research institutions has enabled the development of cutting-edge PIC technologies. European industrial and R&D firms from telecommunications and microelectronics sectors are actively working on developing strategic roadmaps for future connectivity systems and components. The region's focus on sustainable technology development and energy-efficient solutions has further accelerated the adoption of integrated photonics across various applications.
Photonic Integrated Circuit Market in Asia-Pacific
The Asia-Pacific photonic integrated circuit market is positioned for exceptional growth, with a projected growth rate of approximately 23% from 2024 to 2029. The region's market is characterized by developing electronics and telecom industries, coupled with the rapid shift of semiconductor manufacturing bases to Southeast Asian countries. China's ambitious semiconductor industry development initiatives and strategic focus on photonic integration have created substantial market opportunities. The region's growing investment in 5G infrastructure, data centers, and optical fiber networks has accelerated the demand for photonic integrated circuits. Countries like Japan, South Korea, and Taiwan have established strong technological capabilities in photonic integration, supported by robust manufacturing ecosystems. The increasing adoption of advanced technologies in telecommunications, data centers, and consumer electronics has created a favorable environment for PIC market expansion. Furthermore, government initiatives supporting domestic semiconductor and photonics industries have strengthened the region's position in the global market.
Photonic Integrated Circuit Market in Rest of the World
The Rest of the World, encompassing Latin America and the Middle East & Africa, represents an emerging market for photonic integrated circuits with significant growth potential. These regions are witnessing increasing adoption of optical fiber communications and data center technologies, driving the demand for photonic chip manufacturers. Latin America's digital transformation and growing interconnection bandwidth requirements have created new opportunities for PIC applications. The Middle East's focus on developing technological infrastructure and smart city initiatives has stimulated the adoption of advanced photonic technologies. Countries in these regions are investing in expanding their telecommunications infrastructure and data center capabilities to support growing digital economies. The increasing demand for high-speed internet connectivity and the deployment of 5G networks have created favorable conditions for market growth. Additionally, the rising focus on industrial automation and smart manufacturing has opened new avenues for photonic integrated circuit companies in these regions.
Photonic Integrated Circuit Industry Overview
Top Companies in Photonic Integrated Circuit Market
The companies in the photonic integrated circuit market include established players like Intel Corporation, Cisco Systems, Infinera Corporation, II-VI Incorporated, and Huawei Technologies, who are leading the innovation landscape. These companies producing photonic chips are heavily investing in research and development to advance their optical integration capabilities, with a particular focus on developing solutions for data centers and telecommunications applications. The industry is witnessing a strong trend toward vertical integration, with companies developing in-house manufacturing capabilities for critical components. Strategic partnerships and collaborations with foundries and research institutions have become increasingly common to accelerate product development cycles. Market leaders are expanding their geographical presence through both organic growth and strategic acquisitions, while simultaneously working on improving their manufacturing processes to achieve better cost efficiencies and production scalability. There is also a notable push toward developing standardized platforms and open-access initiatives to foster innovation and reduce development costs.
Consolidation and Integration Drive Market Growth
The market structure is characterized by a mix of large conglomerates and specialized players, with global technology giants maintaining significant market share through their extensive resources and established customer relationships. Major players are increasingly pursuing vertical integration strategies, developing capabilities across the entire value chain from chip design to final assembly. The industry has witnessed significant consolidation through strategic acquisitions, particularly evident in deals like Lumentum's acquisition of NeoPhotonics and II-VI's acquisition of Coherent, indicating a trend toward combining complementary technologies and market access.
The competitive landscape is further shaped by the emergence of specialized players focusing on niche applications and innovative technologies. These companies in the photonic integrated circuit sector often start with strong technological foundations, particularly in areas like silicon photonics and integrated optical solutions. The market shows a healthy balance between established players and new entrants, with significant barriers to entry in terms of technological expertise and manufacturing capabilities. Regional players, particularly in Asia-Pacific, are gaining prominence through government support and strategic partnerships with global leaders, contributing to a more diverse competitive environment.
Innovation and Partnerships Key to Success
Success in the photonic integrated circuit market increasingly depends on companies' ability to develop cost-effective, scalable solutions while maintaining technological leadership. Market players must focus on developing standardized platforms that can address multiple applications while maintaining the flexibility to meet specific customer requirements. The ability to forge strategic partnerships across the value chain, from material suppliers to end-users, has become crucial for maintaining competitive advantage. Companies need to invest in advanced manufacturing capabilities while simultaneously building strong relationships with foundries to ensure production flexibility and cost optimization.
Future market success will be determined by companies' ability to address the growing demand for higher bandwidth and energy efficiency while managing production costs. Players must carefully balance their investment in research and development with the need to maintain competitive pricing structures. The increasing concentration of end-users in sectors like data centers and telecommunications requires companies to develop strong customer relationships and provide comprehensive solution packages. Regulatory requirements, particularly around energy efficiency and environmental impact, are becoming increasingly important factors in product development strategies. New entrants can gain ground by focusing on specific market niches or developing innovative solutions that address unmet needs in the market. Companies, including manufacturers of photonic chips, must adapt to these evolving demands to sustain growth.
Photonic Integrated Circuit Market Leaders
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NeoPhotonics Corporation
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POET Technologies Inc
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II-VI Incorporated
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Infinera Corporation
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Intel Corporation
- *Disclaimer: Major Players sorted in no particular order
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Photonic Integrated Circuit Market News
- March 2024 - POET Technologies announced its entry into the optical module market with an 800G pluggable transceiver called Wavelight for artificial intelligence and cloud data center markets. The Wavelight transceiver incorporates POET's Optical Interposer technology and related optical engine products, designed for use in 800 gigabit ethernet links for up to 2km of reach over single mode fiber.
- March 2024 - Infinera announced ICE-D, a new line of high-speed intra-data center optics based on monolithic indium phosphide photonic integrated circuits. The ICE-D technology combines multiple optical functions onto a single photonic integrated circuit, designed to provide intra-data center connectivity at speeds of 1.6 terabits per second and greater."
Photonic Integrated Circuit Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Industry Attractiveness - Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Consumers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitute Products
- 4.3 Assessment of the Impact of Key Macroeconomic Factors on the Market
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Growing Applications in Telecommunications and Data Centers
- 5.1.2 Investments and Research to Miniaturize the PICs
- 5.1.3 Growing Applications Drive Photonic Integrated Circuit Market
- 5.1.4 Emerging Applications in Sensors and Metrology
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5.2 Market Challenges
- 5.2.1 Continued Demand for Traditional ICs
- 5.2.2 Optical Networks Capacity Crunch
6. MARKET SEGMENTATION
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6.1 By Type of Raw Material
- 6.1.1 III-V Material
- 6.1.2 Lithium Niobate
- 6.1.3 Silica-on-silicon
- 6.1.4 Other Raw Materials
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6.2 By Integration Process
- 6.2.1 Hybrid
- 6.2.2 Monolithic
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6.3 By Application
- 6.3.1 Telecommunications
- 6.3.2 Biomedical
- 6.3.3 Data Centers
- 6.3.4 Other Applications (Optical Sensors (LiDAR), Metrology)
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6.4 By Geography
- 6.4.1 North America
- 6.4.2 Europe
- 6.4.3 Asia
- 6.4.4 Australia and New Zealand
- 6.4.5 Latin America
- 6.4.6 Middle East and Africa
7. COMPETITIVE LANDSCAPE
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7.1 Company Profiles*
- 7.1.1 NeoPhotonics Corporation
- 7.1.2 POET Technologies
- 7.1.3 II-VI Incorporated
- 7.1.4 Infinera Corporation
- 7.1.5 Intel Corporation
- 7.1.6 Cisco Systems Inc.
- 7.1.7 Source Photonics Inc.
- 7.1.8 Lumentum Holdings
- 7.1.9 Caliopa (Huawei Technologies Co. Ltd)
- 7.1.10 Effect Photonics
- 7.1.11 Colorchip Ltd
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Photonic Integrated Circuit Industry Segmentation
A microchip contains two or more optical components forming a working circuit, which is sometimes referred to as an Integrated Photonics Circuit. This system is capable of detecting, generating, transporting, and processing.
The scope of the study covers photonic ICs, their growth and restricting factors, and the increased demand across various applications. The study also briefly analyzes the impact of macroeconomic trends on the market. The concept of the photonic integrated circuit is similar to electronic integrated circuits.
The photonic integrated circuit market is segmented by type of raw material (iii-v material, lithium niobate, silica-on-silicon, and other raw materials), integration process (hybrid and monolithic), application (telecommunications, biomedical, data centers, and other applications [optical sensors[LiDAR], and metrology]), and geography (North America, Europe, Asia Pacific and the rest of the World). The Market Size and Forecasts are Provided in Terms of Value in USD for all the Above Segments.
By Type of Raw Material | III-V Material |
Lithium Niobate | |
Silica-on-silicon | |
Other Raw Materials | |
By Integration Process | Hybrid |
Monolithic | |
By Application | Telecommunications |
Biomedical | |
Data Centers | |
Other Applications (Optical Sensors (LiDAR), Metrology) | |
By Geography | North America |
Europe | |
Asia | |
Australia and New Zealand | |
Latin America | |
Middle East and Africa |
Photonic Integrated Circuit Market Research Faqs
How big is the Photonic Integrated Circuit Market?
The Photonic Integrated Circuit Market size is expected to reach USD 18.20 billion in 2025 and grow at a CAGR of 20.47% to reach USD 46.19 billion by 2030.
What is the current Photonic Integrated Circuit Market size?
In 2025, the Photonic Integrated Circuit Market size is expected to reach USD 18.20 billion.
Who are the key players in Photonic Integrated Circuit Market?
NeoPhotonics Corporation, POET Technologies Inc, II-VI Incorporated, Infinera Corporation and Intel Corporation are the major companies operating in the Photonic Integrated Circuit Market.
Which is the fastest growing region in Photonic Integrated Circuit Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Photonic Integrated Circuit Market?
In 2025, the Asia Pacific accounts for the largest market share in Photonic Integrated Circuit Market.
What years does this Photonic Integrated Circuit Market cover, and what was the market size in 2024?
In 2024, the Photonic Integrated Circuit Market size was estimated at USD 14.47 billion. The report covers the Photonic Integrated Circuit Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Photonic Integrated Circuit Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Photonic Integrated Circuit Market Research
Mordor Intelligence provides a comprehensive analysis of the photonic integrated circuit industry. We leverage our extensive expertise in integrated photonics and semiconductor technologies. Our research thoroughly examines the evolution of photonic IC technology. This includes developments in optical integrated circuits and emerging applications across data centers and telecommunications. The report offers detailed insights into photonic chip manufacturers and leading photonic integrated circuit companies. It also analyzes technological advancements in photonic chips and their integration into modern computing systems.
Stakeholders across the circuit market benefit from our detailed analysis of photonic integrated circuits and their applications. The report, available as an easy-to-download PDF, offers strategic insights into photonics market size, growth drivers, and industry challenges. Our comprehensive coverage includes developments in integrated quantum optical circuits and photonic chip innovations. It also explores emerging applications in optical networking IC solutions. The analysis supports decision-makers with actionable intelligence on photonic integrated circuit technology trends and future market directions. This enables informed strategic planning and investment decisions.