Silicon Photonics Market 2022 Insights and Outlook- Intel Corporation, Cisco Systems, Inc., Infinera Corporation, IBM Corporation, Juniper Networks

Silicon Photonics Market 2022-2027 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current market trends and strategies impacting the Global Silicon Photonics Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Silicon Photonics Market all told its geographical and merchandise segments.

The silicon photonics market is expected to register a CAGR of over 18.68% during the forecast period (2022 - 2027). 

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The Global Silicon Photonics Market is highly competitive and consists of a number of Major Key Players are: Acacia Communications, Inc., Intel Corporation, Cisco Systems, Inc., Infinera Corporation, IBM Corporation, Juniper Networks, Inc, Stmicroelectronics, Broadcom Limited others.

Industry News:

- 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 2022, 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. For instance, in January 2019, Oracle is planning to open its first data center in India with an intention to enhance its cloud offerings. This is return is expected to augment the market for the silicon photonics market.

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The key insights of the Silicon Photonics Market report:

The report provides key statistics on the market status of the Silicon Photonics Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Silicon Photonics Market report presents the company profile, product specifications, capacity, production value, and 2016-2021 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2027 market development trends of Silicon Photonics Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Silicon Photonics Market Industry before evaluating its feasibility.

Finally, Silicon Photonics Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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