Market Overview
The Global Photonic Integrated Circuit Market size is projected to reach USD 15.7 billion in 2025 and grow at compound annual growth rate of 11.2% to reach a value of USD 40.9 billion in 2034.
A Photonic Integrated Circuit (PIC) is a compact chip that uses light instead of electricity to carry and process information. It integrates multiple photonic functions, such as light generation, detection, modulation, and routing, into a single platform, similar to how electronic integrated circuits combine electrical components. PICs can be made from materials like indium phosphide, silicon, or silica, each offering different advantages for speed, efficiency, and wavelength compatibility. Their main benefit lies in enabling faster data transfer, lower energy consumption, and reduced system size compared to traditional electronic systems.
The demand for PICs is increasing due to the rising need for faster and more efficient communication networks. With the rapid growth of internet usage, cloud services, and streaming, traditional electrical systems are struggling to keep up with the required data speeds. PICs help solve this by using light, which can carry more information with less loss over long distances. They are also essential for applications in data centers, telecommunications, and sensing technologies. This growing demand is pushing companies and research institutions to invest more in PIC design and manufacturing.
In recent years, the expansion of 5G networks has been a major driver for PIC development. These high-speed networks require robust backhaul and fronthaul systems, which PICs can support with high efficiency. The adoption of PICs in optical transceivers for 5G infrastructure has accelerated, enabling higher bandwidth and lower latency connections. Additionally, the rise of artificial intelligence and machine learning applications is pushing for more data center upgrades, where PICs play a key role in boosting data throughput.
The healthcare and life sciences sectors are also benefiting from PIC innovations. Photonic chips are used in medical imaging, optical coherence tomography, and biosensing devices, allowing for precise diagnostics and noninvasive procedures. Their high sensitivity and ability to work in different light wavelengths make them ideal for detecting small changes in biological samples. This is particularly important for early disease detection and real-time monitoring.
Another trend is the development of hybrid PICs, which combine photonic and electronic components on the same chip. This approach allows for better signal control, integration, and cost efficiency. It also opens new possibilities for compact devices in aerospace, defense, and industrial applications. As manufacturing processes improve, the cost of producing PICs is coming down, making them accessible to a wider range of industries and applications.
In recent years, there have been notable advancements such as new fabrication methods, packaging solutions, and testing equipment for PICs. Industry collaborations between telecom companies, semiconductor foundries, and research labs have accelerated innovation. Standardization efforts have also gained momentum, making it easier to design and manufacture PIC-based systems. Overall, PIC technology is moving rapidly from specialized use cases into mainstream adoption, marking a key step in the future of high-speed and energy-efficient communication systems.
The US Photonic Integrated Circuit (PIc) Market
The US Photonic Integrated Circuit Market size is projected to reach USD 4.0 billion in 2025 at a compound annual growth rate of 10.5% over its forecast period.
The US plays a leading role in the Photonic Integrated Circuit (PIC) market, driven by its strong presence in semiconductor manufacturing, advanced research facilities, and high-tech industries. It is home to many innovative companies and research institutions that are pushing PIC technology forward in areas like telecommunications, data centers, aerospace, and defense.
The country’s large-scale investments in 5G, AI, and quantum computing are creating strong demand for high-performance photonic solutions. The US also benefits from a robust startup ecosystem, fostering collaboration between academia, industry, and government. With its focus on innovation, skilled workforce, and strategic funding, the US continues to shape the global PIC landscape and influence the adoption of next-generation optical technologies.
Europe Photonic Integrated Circuit (PIc) Market
Europe Photonic Integrated Circuit Market size is projected to reach USD 3.3 billion in 2025 at a compound annual growth rate of 10.9% over its forecast period.
Europe holds a significant position in the Photonic Integrated Circuit (PIC) market, supported by its strong photonics research base, advanced manufacturing capabilities, and active participation in global technology collaborations. The region is home to specialized semiconductor foundries and research institutes that drive innovation in integrated optics, particularly for telecommunications, sensing, and industrial automation.
Europe’s focus on sustainability and energy-efficient solutions is encouraging the adoption of PICs in data centers and smart infrastructure. Government-backed initiatives and funding programs are fostering partnerships between academia and industry to accelerate commercialization. With its expertise in precision engineering and a growing demand for high-speed, low-power communication systems, Europe continues to be a key driver of PIC technology advancements worldwide.
Japan Photonic Integrated Circuit (PIc) Market
Japan Photonic Integrated Circuit Market size is projected to reach USD 1.1 billion in 2025 at a compound annual growth rate of 11.1% over its forecast period.
Japan plays an important role in the Photonic Integrated Circuit (PIC) market, leveraging its expertise in precision manufacturing, advanced materials, and optoelectronic technologies. The country has a strong base of companies and research institutions specializing in photonics, particularly for high-speed communication, sensing, and medical imaging applications. Japan’s leadership in semiconductor equipment and fabrication techniques supports the development of high-quality, reliable PICs.
Its focus on 5G deployment, smart infrastructure, and industrial automation is driving local demand for photonic solutions. Additionally, Japan invests heavily in R&D collaborations between universities, technology firms, and government agencies, fostering innovation in integrated optics. With its strong engineering capabilities, Japan continues to influence the global growth and adoption of PIC technologies.n
Photonic Integrated Circuit (PIc) Market: Key Takeaways
- Market Growth: The Photonic Integrated Circuit Market size is expected to grow by USD 23.6 billion, at a CAGR of 11.2%, during the forecasted period of 2026 to 2034.
- By Integration Type: The monolithic is anticipated to get the majority share of the Photonic Integrated Circuit Market in 2025.
- By Application: The optical communication segment is expected to get the largest revenue share in 2025 in the Photonic Integrated Circuit Market.
- Regional Insight: Asia Pacific is expected to hold a 34.3% share of revenue in the Global Photonic Integrated Circuit Market in 2025.
- Use Cases: Some of the use cases of Photonic Integrated Circuit includes medical imaging & diagnostics, industrial & defense application, and more.
Photonic Integrated Circuit (PIc) Market: Use Cases
- Telecommunications and Data Centers: PICs are widely used in high-speed optical transceivers to enable faster internet and cloud communication. They help transmit large amounts of data over long distances with minimal signal loss. This is crucial for supporting growing demands from 5G networks, streaming services, and global data exchange.
- Medical Imaging and Diagnostics: PIC-based devices are used in optical coherence tomography and biosensors for early disease detection. Their precision and ability to work at different light wavelengths allow for non-invasive, real-time imaging. This leads to more accurate diagnostics and better patient care in healthcare applications.
- Sensing and Environmental Monitoring: PICs can be used in advanced sensors for detecting chemicals, gases, or environmental changes. Their high sensitivity makes them valuable in industries like aerospace, defense, and environmental science. These systems can operate in challenging conditions while maintaining accurate results.
- Industrial and Defense Applications: In industrial automation, PICs improve machine vision systems for quality control and process monitoring. In defense, they support secure communication and advanced radar systems. Their compact size and resistance to electromagnetic interference make them reliable for mission-critical operations.
Market Dynamic
Driving Factors in the Photonic Integrated Circuit (PIc) Market
Rising Demand for High-Speed Data Communication
The surge in global internet usage, video streaming, cloud computing, and digital services is driving the need for faster and more efficient data transmission. Traditional electronic circuits are reaching their limits in handling the massive volumes of data generated daily. Photonic Integrated Circuits (PICs) offer a powerful solution by using light instead of electricity, enabling higher bandwidth, lower latency, and reduced energy consumption. They are increasingly used in optical transceivers for data centers, telecom networks, and undersea cables. The rollout of 5G and the anticipated shift toward 6G networks are further fueling demand for PIC-based solutions.
Technological Advancements and Cost Reduction in Manufacturing
Advances in materials, fabrication processes, and hybrid integration techniques have made PIC production more efficient and scalable. New methods allow combining photonic and electronic components on a single chip, improving performance while lowering size and cost. Mass production capabilities are expanding, supported by standardized designs and automated testing systems.
This has made PIC technology more accessible to a range of industries beyond telecommunications, including healthcare, sensing, aerospace, and defense. As costs continue to fall, more companies are adopting PICs for next-generation applications, accelerating market growth and opening opportunities for innovative product development.
Restraints in the Photonic Integrated Circuit (PIc) Market
High Initial Development and Manufacturing Costs
Despite advancements in fabrication techniques, the development and production of Photonic Integrated Circuits (PICs) still require significant investment. Building specialized manufacturing facilities, acquiring precision equipment, and ensuring high-quality materials contribute to high upfront costs.
Additionally, the complexity of PIC design demands skilled engineers and extensive research, which increases expenses. For smaller companies or startups, these costs can be a major barrier to entry. Even for large players, achieving economies of scale takes time, and the return on investment may not be immediate, slowing down adoption in cost-sensitive industries.
Lack of Standardization and Design Complexity
The PIC market faces challenges due to the lack of universal design standards and interoperability guidelines. Different manufacturers use varying materials, platforms, and integration methods, making it difficult to develop universally compatible components. Designing a PIC requires specialized expertise in both photonics and electronics, which is still a niche skill set. This design complexity can lead to longer development cycles and increased risk of errors. Without widespread standardization, scaling production and ensuring compatibility across applications remains difficult, which limits broader adoption across industries.
Opportunities in the Photonic Integrated Circuit (PIc) Market
Expansion into Emerging Applications
While telecommunications and data centers remain the main users of Photonic Integrated Circuits (PICs), there is significant growth potential in emerging fields. Healthcare can benefit from PIC-based biosensors and imaging systems for early disease detection. Aerospace and defense sectors can use PICs for secure, high-speed communication and advanced sensing. Environmental monitoring and industrial automation also present opportunities for precise, energy-efficient optical solutions. As industries seek faster data processing, compact designs, and low-power systems, PICs offer unique advantages, creating a pathway for diversification beyond traditional communication markets.
Integration with Artificial Intelligence and Quantum Technologies
The combination of PICs with AI-driven systems and quantum computing presents major innovation opportunities. PICs can accelerate AI workloads by enabling faster data transfer and improved interconnects in high-performance computing systems. In quantum technologies, they are critical for manipulating and detecting photons, essential for building scalable quantum communication and computing networks. As both AI and quantum research receive growing investments worldwide, PIC-based solutions are likely to become integral to these ecosystems. This convergence could open new markets and drive demand for advanced photonic integration.
Trends in the Photonic Integrated Circuit (PIc) Market
Growth of Hybrid Photonic-Electronic Integration
A major trend in the Photonic Integrated Circuit (PIC) market is the move toward hybrid integration, where photonic and electronic components are combined on a single chip. This approach allows for improved performance, reduced power consumption, and smaller device footprints. By integrating both technologies, manufacturers can deliver faster processing speeds and more efficient data transmission. Hybrid PICs are finding applications in data centers, advanced sensors, and 5G/6G infrastructure. This integration also helps overcome limitations of purely photonic or electronic systems, paving the way for more versatile and cost-effective solutions across multiple industries.
Advancements in PIC Packaging and Manufacturing Processes
Recent developments in packaging and fabrication technologies are improving the scalability and reliability of PIC production. Innovative packaging methods are enhancing thermal management, signal stability, and durability, making PICs more suitable for high-performance applications. Automated manufacturing and testing systems are reducing errors and increasing yield rates. Additionally, the adoption of standardized platforms is streamlining design and reducing development time. These advancements are enabling faster commercialization and helping PICs move from niche applications into mainstream industrial and consumer markets.
Impact of Artificial Intelligence in Photonic Integrated Circuit (PIc) Market
- Enhanced PIC Design and Simulation: Artificial Intelligence-powered modeling tools help optimize PIC layouts, material choices, and performance parameters, reducing design cycles and improving accuracy.
- Improved Manufacturing Efficiency: Machine learning algorithms monitor fabrication processes in real time, detecting defects early and improving yield rates for large-scale PIC production.
- Optimized Data Processing in Applications: AI integrated with PICs enables faster data handling in telecom networks, data centers, and sensing systems, boosting overall system efficiency.
- Accelerated Innovation in Emerging Fields: AI supports the development of PIC solutions for advanced areas like quantum computing, autonomous systems, and precision healthcare diagnostics.
Research Scope and Analysis
By Component Analysis
Laser components, leading in 2025 with a share of 30.7%, play a vital role in the growth of the Photonic Integrated Circuit (PIC) market by providing the essential light source needed for data transmission and signal processing. Lasers integrated into PICs enable high-speed communication with low energy consumption, making them key for applications in telecommunications, data centers, and sensing technologies.
Advances in laser design and manufacturing are improving efficiency, size, and reliability, which supports the development of compact and cost-effective PIC devices. As demand grows for faster, more efficient optical networks and precision sensing, laser components are expected to remain central to innovation and expansion in the PIC market throughout the forecast period.
Optical amplifiers, having significant growth over the forecast period, are crucial components in the Photonic Integrated Circuit market because they boost signal strength without converting light back to electricity. This ability enables longer-distance data transmission and reduces energy loss, essential for high-performance communication networks and data centers.
Improvements in amplifier technology enhance the overall efficiency and speed of PIC systems, supporting the expansion of 5G networks and beyond. As industries demand more reliable and scalable optical solutions, optical amplifiers will continue to drive the market forward by enabling stronger, clearer signals in smaller, integrated photonic devices.
By Material Analysis
Indium Phosphide (InP), leading in 2025 with a share of 37.1%, plays a crucial role in the growth of the Photonic Integrated Circuit (PIC) market due to its excellent optical properties and ability to support high-speed data transmission. InP is widely used for making lasers, modulators, and detectors within PICs because it can efficiently operate at communication wavelengths. Its direct bandgap allows for better light emission, making it ideal for high-performance optical devices in telecommunications and data centers.
Advances in InP fabrication and integration techniques are improving device performance and lowering costs, helping PICs become more compact and energy efficient. With increasing demand for faster and more reliable optical networks, InP-based PICs are set to maintain a strong presence in the market through the forecast period.
Silicon-on-Insulator (SOI), having significant growth over the forecast period, is an important material in the Photonic Integrated Circuit market due to its compatibility with existing semiconductor manufacturing and ability to integrate electronic and photonic components on a single chip. SOI enables low-cost, scalable production of PICs, supporting applications in data centers, telecommunications, and sensing.
Its high refractive index contrast allows for compact waveguides and efficient light control, making devices smaller and faster. Continuous improvements in SOI technology are helping reduce power consumption and increase performance, fueling wider adoption of silicon-based PICs. As demand for integrated, low-power optical solutions grows, SOI is expected to play a key role in the future development of photonic chips.
By Integration Analysis
Monolithic integration, leading in 2025 with a share of 41.6%, plays a significant role in the growth of the Photonic Integrated Circuit (PIC) market by combining multiple photonic components on a single chip made from the same material. This integration type helps reduce size, cost, and power consumption while improving performance and reliability. By fabricating lasers, modulators, detectors, and waveguides together, monolithic integration enables faster data processing and simpler manufacturing.
Advances in fabrication technologies are making it easier to produce highly complex PICs for applications in telecommunications, data centers, and sensing. As demand grows for compact, energy-efficient, and high-speed optical devices, monolithic integration is set to remain a key driver in expanding the adoption of PIC technology over the coming years.
Hybrid integration, having significant growth over the forecast period, is an important approach in the Photonic Integrated Circuit market where different photonic and electronic components made from various materials are combined on a single platform. This technique allows manufacturers to choose the best materials for each function, improving overall device performance and flexibility.
Hybrid integration supports faster development cycles and helps lower costs by enabling easier assembly and testing. It is widely used in applications like 5G networks, data centers, and industrial sensing where high-speed and reliable communication is critical. As the need for versatile and scalable photonic solutions grows, hybrid integration is expected to play an increasingly important role in advancing PIC technology.
By Application Analysis
Optical communication, leading in 2025 with a share of 51.6%, plays a major role in the growth of the Photonic Integrated Circuit (PIC) market by enabling fast and efficient data transfer over long distances using light signals. PICs are essential components in fiber-optic networks, data centers, and telecommunication systems, where they help increase bandwidth, reduce energy consumption, and lower costs.
Advances in PIC technology are making optical communication devices smaller, faster, and more reliable, supporting the expanding demand for high-speed internet, cloud computing, and 5G networks. As the need for seamless, high-capacity data transmission grows worldwide, optical communication is set to remain the largest and fastest-growing application area for PICs throughout the forecast period.
Quantum computing, having significant growth over the forecast period, is an emerging application in the Photonic Integrated Circuit market where photonics play a key role in manipulating and detecting quantum information. PICs provide a scalable and stable platform for controlling photons, which are used as quantum bits (qubits) in quantum computers and communication systems.
The integration of photonics helps improve processing speed and error correction, which are critical for the development of practical quantum devices. As investments and research in quantum technology increase, PICs are expected to be a vital part of building secure communication networks and powerful quantum computers, driving market growth in this advanced field.
By End User Analysis
Telecommunication, leading in 2025 with a share of 41.9%, plays a vital role in the growth of the Photonic Integrated Circuit (PIC) market by driving demand for faster and more efficient data transmission technologies. PICs enable high-speed optical networks that support the increasing use of smartphones, internet services, and 5G infrastructure. These circuits help reduce power consumption and improve bandwidth in communication systems, making them essential for telecom providers expanding their networks.
Continuous upgrades in telecommunication infrastructure and the shift toward next-generation networks are set to boost the adoption of PIC technology. As data traffic grows rapidly worldwide, the telecommunication sector will continue to be a key end user, fueling innovation and market expansion in the PIC industry over the forecast period.
Data centers, having significant growth over the forecast period, are important end users in the Photonic Integrated Circuit market as they require fast, reliable, and energy-efficient data handling solutions. PICs help data centers manage massive amounts of information by enabling high-speed optical interconnects, reducing latency and power use.
The growing need for cloud computing, streaming, and digital services is increasing demand for advanced PIC-based devices in data centers. With ongoing improvements in PIC technology, data centers can achieve better performance and scalability. This makes the data center segment a strong driver of market growth as global digitalization accelerates.
The Photonic Integrated Circuit (PIc) Market Report is segmented on the basis of the following:
By Component
- Lasers
- Modulators
- Photodetectors
- Multiplexers/Demultiplexers
- Optical Amplifiers
- Other Passive & Active Components
By Material
- Indium Phosphide (InP)
- Gallium Arsenide (GaAs)
- Silicon-on-Insulator (SOI)
- Lithium Niobate (LiNbO₃)
- Other Materials
By Integration Type
- Monolithic Integration
- Hybrid Integration
- Module Integration
By Application
- Optical Communication
- Sensing
- Biomedical
- Optical Signal Processing
- Quantum Computing
- Other Applications
By End-User Industry
- Telecommunications
- Data Centers
- Healthcare & Life Sciences
- Aerospace & Defense
- Industrial & Automation
- Consumer Electronics
Regional Analysis
Leading Region in the Photonic Integrated Circuit (PIc) Market
Asia Pacific, leading in 2025 with a share of 34.3%, plays a crucial role in the growth of the Photonic Integrated Circuit (PIC) market, driven by its strong semiconductor manufacturing base, expanding telecommunications infrastructure, and rising adoption of advanced photonics in multiple industries. The region benefits from the presence of large-scale fabrication facilities, skilled labor, and government-backed initiatives supporting high-tech innovation.
Rapid deployment of 5G networks, growth in data centers, and increasing demand for high-speed internet services are fueling PIC adoption in countries like China, Japan, South Korea, and Taiwan. Additionally, the region’s growing focus on industrial automation, smart cities, and precision healthcare creates more opportunities for integrated photonic solutions.
Strategic investments, combined with active collaboration between research institutions and industry players, are further boosting technological advancements. As demand for faster, energy-efficient communication and sensing solutions rises, Asia Pacific is set to maintain its strong influence in shaping the global PIC market’s future.
Fastest Growing Region in the Photonic Integrated Circuit (PIc) Market
Europe is showing significant growth over the forecast period in the Photonic Integrated Circuit (PIC) market, supported by strong research and innovation in photonics technology. The region’s focus on energy-efficient communication systems, smart infrastructure, and industrial automation drives the increasing demand for PICs. With well-established semiconductor manufacturing and advanced material research, Europe is enhancing its capabilities in integrated optics.
Government funding and collaborative projects between universities and industry players are accelerating the development and commercialization of photonic devices. As demand for faster data transfer and low-power solutions grows, Europe is estimated to play a key role in advancing PIC technology and expanding its use across telecommunications, healthcare, and environmental monitoring applications.
By Region
North America
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Egypt
- Rest of MEA
Competitive Landscape
The competitive landscape of the Photonic Integrated Circuit (PIC) market is shaped by a mix of established semiconductor manufacturers, specialized photonics developers, and innovative startups. Companies compete by offering faster, more energy-efficient, and cost-effective solutions for data transmission, sensing, and processing. Many focus on integrating advanced materials and hybrid designs to improve performance and reduce production costs.
Strategic partnerships between research institutions, network providers, and fabrication facilities are common to speed up innovation. The market is also seeing growing investment in mass production capabilities, as industries like telecommunications, healthcare, and data centers increasingly adopt PIC-based technologies for next-generation applications.
Some of the prominent players in the global Photonic Integrated Circuit (PIc) are:
- Intel Corporation
- Infinera Corporation
- Broadcom Inc.
- Cisco Systems, Inc.
- Lumentum Holdings Inc.
- NeoPhotonics Corporation
- Coherent Corp. (II-VI Incorporated)
- POET Technologies Inc.
- Source Photonics Inc.
- IBM Corporation
- Ciena Corporation
- Agilent Technologies, Inc.
- Finisar Corporation
- Oclaro, Inc.
- Mellanox Technologies, Ltd.
- Luxtera, Inc.
- Hewlett-Packard (HP)
- Alcatel-Lucent S.A.
- Nokia Corporation
- Huawei Technologies Co., Ltd.
- Other Key Players
Recent Developments
- In June 2025, quantum computing company Pasqal acquired Canadian PIC company Aeponyx, terms undisclosed. Aeponyx’s PICs enable compact, accurate control of light fields used to trap, arrange, and entangle atoms. The acquisition helps Pasqal replace bulky optical setups with chip-scale photonic circuits, improving stability, precision, and scaling toward thousands of qubits in its neutral-atom hardware.
- In March 2025, Teradyne announced a definitive agreement to acquire Quantifi Photonics, a company specializing in test solutions for photonic integrated circuits (PICs), co-packaged optics, and pluggable optics. The acquisition is intended to accelerate high-throughput, cost-effective testing for wafer-level, multi-die, and optical modules. Teradyne aims to leverage Quantifi’s expertise to help scale PIC manufacturing for AI and cloud computing demands.
Report Details
| Report Characteristics |
| Market Size (2025) |
USD 15.7 Bn |
| Forecast Value (2034) |
USD 40.9 Bn |
| CAGR (2025–2034) |
11.2% |
| The US Market Size (2025) |
USD 4.0 Bn |
| Historical Data |
2019 – 2023 |
| Forecast Data |
2026 – 2034 |
| Base Year |
2024 |
| Estimate Year |
2025 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors, etc. |
| Segments Covered |
By Component (Lasers, Modulators, Photodetector, Multiplexers/Demultiplexers, Optical Amplifiers, and Other Passive & Active Components), y Material (Indium Phosphide (InP), Gallium Arsenide (GaAs), Silicon-on-Insulator (SOI), Lithium Niobate (LiNbO₃), Other Materials), By Integration Type (Monolithic Integration, Hybrid Integration, and Module Integration), By Application (Optical Communication, Sensing, Biomedical, Optical Signal Processing, Quantum Computing, Other Applications), By End-User Industry (Telecommunications, Data Centers, Healthcare & Life Sciences, Aerospace & Defense, Industrial & Automation, and Consumer Electronics) |
| Regional Coverage |
North America – US, Canada; Europe – Germany, UK, France, Russia, Spain, Italy, Benelux, Nordic, Rest of Europe; Asia-Pacific – China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, Rest of MEA |
| Prominent Players |
Intel Corporation, Infinera Corporation, Broadcom Inc., Cisco Systems, Inc., Lumentum Holdings Inc., NeoPhotonics Corporation, Coherent Corp. (II-VI Incorporated), POET Technologies Inc., Source Photonics Inc., IBM Corporation¸ Ciena Corporation, Agilent Technologies, Inc., Finisar Corporation, Oclaro, Inc., Mellanox Technologies, Ltd., Luxtera, Inc., Hewlett-Packard (HP), Alcatel-Lucent S.A., Nokia Corporation, Huawei Technologies Co., Ltd., and Other Key Players |
| Purchase Options |
We have three licenses to opt for: Single User License (Limited to 1 user), Multi-User License (Up to 5 Users), and Corporate Use License (Unlimited User) along with free report customization equivalent to 0 analyst working days, 3 analysts working days, and 5 analysts working days respectively. |
Frequently Asked Questions
The Global Photonic Integrated Circuit Market size is expected to reach a value of USD 15.7 billion in 2025 and is expected to reach USD 40.9 billion by the end of 2034.
Asia Pacific is expected to have the largest market share in the Global Photonic Integrated Circuit Market, with a share of about 34.3% in 2025.
The Photonic Integrated Circuit Market in the US is expected to reach USD 4.0 billion in 2025.
Some of the major key players in the Global Photonic Integrated Circuit Market are Intel, IBM, Cisco, and others
The market is growing at a CAGR of 11.2 percent over the forecasted period