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Showing posts with the label photonic integrated circuit market size

Photonic Integrated Circuit (IC) & Quantum computing Market - Forecast(2022 - 2027)

 As per the statistics by ICT Data and Statistics (IDS) Division, a UN specialized agency for ICTs, 48% of the global population use the Internet, and the usage is increasing at a remarkable rate.[1] This prominent surge in the global internet users is accompanied by an increasing demand for high speed data transmission. Photonic integrated circuits make use of high speed photons as data carriers over comparatively low speed electrons. This facilitates the devices with PICs to transfer huge amount data with high speed and efficiency. The aforementioned feature of PIC makes it a favorable technology among the users globally. The additional aspects of PICs such as compact system size, high power optimization, low heat dissipation, minimal cost, reliability, and high level of component integration are propelling the growth of the photonic integrated circuit market . As of 2018, the global photonic integrated circuit market was valued at $785m, and the growing opportunities are project...

Photonic Integrated Circuit (IC) & Quantum computing Market - Forecast(2021 - 2026)

As per the statistics by ICT Data and Statistics (IDS) Division, a UN specialized agency for ICTs, 48% of the global population use the Internet, and the usage is increasing at a remarkable rate.[1] This prominent surge in the global internet users is accompanied by an increasing demand for high speed data transmission. Photonic integrated circuits make use of high speed photons as data carriers over comparatively low speed electrons. This facilitates the devices with PICs to transfer huge amount data with high speed and efficiency. The aforementioned feature of PIC makes it a favorable technology among the users globally. The additional aspects of PICs such as compact system size, high power optimization, low heat dissipation, minimal cost, reliability, and high level of component integration are propelling the growth of the photonic integrated circuit market. As of 2018, the global photonic integrated circuit market was valued at $785m, and the growing opportunities are projected to ...