Silicon Photonics Market Growth (48.33% CAGR) to 2020

Market Research – Global Silicon Photonics Market 2016-2020 is the new research report now available at RnRMarketResearch.com. The analysts forecast global silicon photonics market to grow at a CAGR of 48.33% during the period 2016-2020.

Silicon photonics is a novel technology that aims to develop silicon-based optical devices. Due to the availability of large established silicon fabrication units and the relatively low cost and high abundance of this material, there are high hopes in the semiconductor industry for this technology.

The following companies are the key players in the global silicon photonics market: Luxtera, and Mellanox Technologies. Other Prominent Vendors in the market are: Aifotec AG, Aurrion, Avago Technologies, Bright Photonics BV, Cisco Systems, Finisar Corporation, Hamamatsu Photonics, Huawei, IBM Corporation, Infinera, Intel, Keopsys, NeoPhotonics, Oclaro, OneChip Photonics, Skorpios technologies, and STMicroelectronics.

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The report covers present scenario and the growth prospects of the global silicon photonics market for 2016-2020. To calculate the market size, the report considers the sale of silicon photonic components for end-user applications.

This report, Global Silicon Photonics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The market is divided into the following segments based on geography: America, APAC and EMEA

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Emergence of optical data centers will be a key trend for market growth. Disaggregation refers to separating computer networking, storage, and power distribution resources into modules stored in the rack. This means that each server within a rack will have its own group of resources. When the resource types are disaggregated, they can be grouped together and distributed throughout the rack, which will improve upgradability, flexibility, and reliability while lowering costs. The silicon photonics technology will help revamp connections as short as five inches and allow high-speed optical links to and from the processor. Such high-performance data centers are already in demand from technology giants like Facebook and Google. More companies will adopt this technology for their data center requirements, and this trend will see more investments during the forecast period.

According to the report, reduction in transportation costs will be a key driver for market growth. The adoption of silicon photonics has benefited the carriers largely. This network structure has allowed them to transport to multiple clients on a single wavelength and preserve their specific requirements. The overall cost of transportation has also fallen, as they don’t need separate wavelengths for separate clients, thereby ensuring efficient bandwidth utilization.

Further, the report states that lack of standards and guidelines will be a challenge for the market. In the initial stages of implementation of silicon photonics technology, key features such as performance monitoring, mapping of client signals, isolation, and fault detection were missing. The vendors in the market use their own methods for mapping client traffic, performance monitoring, and fault detection or isolation. Single carrier networks using equipment from a single vendor did not face any issues of standardization. However, with the growth of the market, expansion and inter-connection across networks gave rise to issues related to standardization.

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