However, it is the Asia-Pacific market which is expected to show the highest growth with a CAGR of XX%

NEW YORK, Jan. 17, 2019 /PRNewswire/ — Silicon photonics is the innovative study and application of photonic systems for generating, processing, manipulating and further employing light rays for faster data transmission both between and within microchips. The global silicon photonics market is expected to grow at a CAGR of 19.70% between the forecast periods of 2017-2025. The revenue generated by the global market is predicted to increase from $XX million in 2018 to $XX million by 2027. Low power consumption, compact size, lower cost, high-speed data transfer and processing and a surge in data transfer capacity are some of the ...

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