The global market for silicon photonics, based on application types, can be categorized into data communication, telecommunication, healthcare, defense and consumer electronics. Silicon photonics devices find commercial applications in high-performance computers and data center applications. Data communication application segment is expected to dominate the market over the forecast period because of rising application of silicon photonics devices in high-performance computers and data center applications due to its cost-effectiveness and reliability for commercial applications. Furthermore, data communication is expected to remain the largest demanding sector of global silicon photonics as the protocol is providing services which are surpassing optical and copper technologies.
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In 2015, global silicon photonics market generated XX% of its overall revenue from data communication sector, which is expected to increase to XX% by 2022.Furthermore, telecommunication segment has been the second largest contributor to the overall revenues of the global silicon photonics market. In 2015, the telecommunication segment contributed XX% to the overall revenue of the market. However, by 2022 the relative share of the segment to the overall revenue of the global photonics market is expected to decline, but the sector is expected to remain the second leading contributor to the market of silicon photonics.
The growing demand for smartphone products penetrates the global telecommunication sector, which is expected to lead to a high growth over the forecast period. New technologies in silicon photonics is expected to drive the telecommunication industry and maximize the performance of existing fixed and mobile infrastructures.
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