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Silicon Photonics Market 2021 Highlights Recent Trends, Market Growth, Business Opportunities till 2026

11-19-2021 11:02 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

The Silicon Photonics Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Silicon Photonics market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Silicon Photonics market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Silicon Photonics market.

The silicon photonics market is expected to register a CAGR of over 18.68% during the forecast period (2021 - 2026).

Get a Free Sample Copy of This Report:

https://www.marketinsightsreports.com/reports/02082592439/silicon-photonics-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

Top Leading Companies of Silicon Photonics Market are - Acacia Communications, Inc., Intel Corporation, Cisco Systems, Inc., Infinera Corporation, IBM Corporation, Juniper Networks, Inc, Stmicroelectronics, Broadcom Limited and others.

Industry News and Updates:

- March 2019 - Juniper Networks launched its 100G QSFP28 and 400G QSFP-DD devices, which leverages the silicon photonics expertise. The company also claims to reduce energy consumption by 20% through its above-mentioned products. This enhances the product portfolio of Juniper Networks.

- January 2019 - Cisco Systems acquired Luxtera Inc. With the acquisition of Luxtera Inc, the overall cost of deployment of a network would reduce and strengthen the position of the Cisco System.

Key Market Trends:

Data Centres is Expected to Register a Significant Growth

- By 2021, Cisco Systems estimates put that there will be 94% of cloud workload in the total data center workload while in 2017 it was limited to 86%. The adoption of cloud workload has been aiding the market growth because embedding silicon photonic functionalities are able to decrease its costs.
- Moreover, increasing investment by the vendors is also boosting the market growth. For instance, in January 2019, a San Francisco-based private investment firm, GI Partners, purchased two data centers properties from NTT Data. This enhances the extensive portfolio of data center and technology-intensive properties of the company. Such investments have a positive impact on the data center market which in return will further boost the silicon photonics market globally.

Asia- Pacific to Witness Fastest Growth

- Asia-Pacific is expected to witness the fastest growth owing to the growing demand for data transfer through the internet, is increasing through the adoption of 5G. Thus, the requirement for fast communication without any loss of signal is expected to drive the market in the region.
- Further, the increasing population coupled with the rising advancement in the technology in such a region has propelled the vendors to invest in the region to gain a competitive edge in the region.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Silicon Photonics Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Silicon Photonics Market (%),2016 - 2026
- Silicon Photonics Market Share, By Brand
- Silicon Photonics Market Share, By Company
- Silicon Photonics Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Silicon Photonics Market Value Analysis & Forecast
- Promising Silicon Photonics Development by Major Companies
- Detailed Silicon Photonics Portfolio of the Major Companies
- Major Deals in the Silicon Photonics Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592439/silicon-photonics-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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