According to the silicon photonics market report, the global market is expected to witness a healthy growth rate during the forecast period. The report attributes this growth of the market to the rising demand from different application segments for the components and products.

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The global silicon photonics market report focuses on the growth trends and revenue forecasts for the market on the global scale. The report also includes details about the segmentation, shares, drivers, and restraints.

The major driving factors highlighted in the report include the growing usage of the various data communication applications and the rising demand for data transfer at a higher speed. The government funding and advancing technologies are also expected to create strong growth opportunities for the market during the forecast period.

The major restraining factors for the growth of this market include the risks caused by the thermal effects and the lack of inefficient light sources.
The silicon photonics market report segments the global market by components, products, applications, and the major geographic regions. The components include laser, switch, and wavelength division multiplexing filter, passive component, active component, and photo detectors.

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The product segments include transceiver, active optical cable, optical engine, RF circuits, optical multiplexer and variable optical attenuator. The application segments include consumer electronics, life sciences & healthcare, telecommunication, defense, and commercial.
The major geographic regions include Latin America, North America, Asia-Pacific, Europe, and Middle East & Africa.

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The silicon photonics market report includes some of the major market players, which include, Cisco Systems, Inc., DAS Photonics, Finisar Corporation, Hamamatsu Photonics K.K., IBM Corporation, Infinera Corporation, Intel Corporation, Luxtera, Inc., Mellanox Technologies, Ltd., STMicroelectronics N.V., and such others. The report expects the key players in this market to witness impressive growth opportunities, due to the rising acquisitions and partnerships with the small leaders in the market.

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