How big is the Silicon Photonics Market?

The Silicon Photonics Market size is expected to reach USD 2.38 billion in 2024 and grow at a CAGR of 30.5% to reach USD 9.02 billion by 2029. Read More

What is the current Silicon Photonics Market size?

In 2024, the Silicon Photonics Market size is expected to reach USD 2.38 billion. Read More

Who are the key players in Silicon Photonics Market?

Sicoya GMBH, Intel Corporation, Cisco Systems Inc., Lumentum Operations LLC (Lumentum Holdings Inc.) and Juniper Networks Inc. are the major companies operating in the Silicon Photonics Market. Read More

Which is the fastest growing region in Silicon Photonics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Silicon Photonics Market?

In 2024, the North America accounts for the largest market share in Silicon Photonics Market. Read More

What years does this Silicon Photonics Market cover, and what was the market size in 2023?

In 2023, the Silicon Photonics Market size was estimated at USD 1.65 billion. The report covers the Silicon Photonics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Silicon Photonics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Silicon Photonics Market Share

Statistics for the 2023 & 2024 Silicon Photonics market share, created by Mordor Intelligence™ Industry Reports. Silicon Photonics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Silicon Photonics Industry

The silicon photonics market is highly fragmented, with major players like Sicoya GMBH, Intel Corporation, Cisco Systems Inc., Lumentum Operations LLC (Lumentum Holdings Inc.), and Juniper Networks Inc. They are adopting partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In October 2023, Lumentum Holdings Inc. showcased its latest solutions and shared industry perspectives at the European Conference on Optical Communication 2023 in Glasgow, Scotland. Lumentum's ultra-high power, 1310 nm distributed-feedback laser (DFB) was also demonstrated at over 400 mW optical power ex-fiber at 25°C. These new ultra-high power 13xx lasers were claimed to enable higher bandwidth for AI and ML applications by using co-packaged optics, external laser source solutions, and silicon photonics transceivers for the next generation of data centers.
In September 2023, Broadcom announced that it is working with TSMC and Nvidia to develop silicon photonics and co-packaged optics (CPO). TSMC has already formed an R&D team of over 200 employees to target emerging opportunities in high-speed computing chips based on silicon photonics technology, with production expected to start as early as the second half of 2024.