Silicon photonic devices comprise of the optical systems that use silicon as the optical medium. Since, silicon is used as a substrate for most ICs, it is easily possible to manufacture hybrid devices in which electronic as well as the optic components are incorporated on a single microchip. Thus, owing to their combined electronic properties, the potential of electro-optic and optoelectronic interactions of electrons and photons is added. This results in electrical excitation and manipulation of light as well as optical conversion to electrical signals.

The opportunity anticipated to boost the silicon photonics market includes its increasing demand in telecom and data communication. As the silicon photonics technology has surpassed optical and copper technologies, it is encouraged by government and regulatory authorities across the world. Also, large players with diverse product portfolios such as IBM Corporation, Intel Corporation, Cisco Systems, Inc., etc. are considerably investing in silicon photonics to capture a large market share in a relatively new market that is still at a nascent stage

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Cloud computing performance needs for data center, rapidly growing internet traffic, and reducing bandwidth are some of the major factors driving the growth of the silicon photonic market. The silicon photonic technology uses lasers to transfer data into light pulses.

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