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Silicon Photonics Market Analysis By Component, By Product, By Application (IT & Telecommunication, Consumer Electronics, Healthcare and Life Science, Commercial, and Defense and Security), By Region, And Segment Forecasts, 2014 - 2025NEW YORK, April 20, 2017 /PRNewswire/ -- The global silicon photonics market is expected to reach USD 918.3 million by 2025, according to a new report conducted by Grand View Research, Inc. The rapid emergence of commercial and consumer electronics applications is anticipated to revolutionize the market by 2025. The market can be categorized based on application types into consumer electronics, IT & telecommunication, commercial, defense & security, and healthcare & life science verticals. Silicon photonics devices find commercial applications in high-performance computers and data center applications. Small size and cost-effectiveness are the ideal features desired from silicon photonics, which is largely driving the growth of the silicon photonics market. Vendors provide solutions across a wide range of industries, such as mobile broadband Internet access, high-performance computing, data center and enterprise networking, and metro and long haul data communications, among many others. Further key findings from the report suggest: The industry is predicted to grow as the products would rapidly gain traction. This is attributed to the ability of products to be incorporated in different application areas, such as IT and telecommunication, consumer electronics, and commercial. The increasing demand for active optical cables, optical multiplexers, and optical attenuators provides numerous growth opportunities as they offer considerable options to attain low-cost economies The North American region dominated the marketplace, accounting for the largest global market share (in terms of revenue) in 2015 Read the full report: http://www.reportlinker.com/p04604987/Silicon-Photonics-Market-Analysis-By-Component-By-Product-By-Application-IT-Telecommunication-Consumer-Electronics-Healthcare-and-Life-Science-Commercial-and-Defense-and-Security-By-Region-And-Segment-Forecasts.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/silicon-photonics-market-analysis-by-component-by-product-by-application-it--telecommunication-consumer-electronics-healthcare-and-life-science-commercial-and-defense-and-security-by-region-and-segment-forecasts-2014---300442892.html SOURCE Reportlinker 
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