Silicon Photonics: Technologies and Global Markets


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BCC Research

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The global market for photonic integrated circuits reached $426 million in 2016. This market is expected to increase from $539 million in 2017 to $1.8 billion in 2022 at a compound annual growth rate (CAGR) of 27.5% for 2017-2022.
Optical communications market is expected to grow from $320 million in 2017 to $1.0 billion in 2022 at a CAGR of 26.5% from 2017 through 2022.
Optical signal processing market is expected to grow from $68 million in 2017 to $246 million in 2022 at a CAGR of 29.3% from 2017 through 2022.