The Silicon Photonics and Photonic Integrated Circuits (PICs) market is seeing significant growth, fueled by the demand for AI and datacom transceivers. Key players in the industry, such as Intel, Coherent, and Infinera, are incorporating PICs into their transceivers. A recent report by IDTechEx highlights the potential benefits and challenges of Silicon Photonics and PICs.
The demand for PICs is expected to grow at an 8% CAGR, driven by applications in Quantum, 5G, LiDAR, Biosensors, Gas Sensors, and Datacoms for AI. PICs are tiny optical systems made of materials like Silicon, Silica, or Indium Phosphide, enabling a range of applications from high-speed data transmission to advanced sensors.
While Silicon dominates the current market, future PIC materials like Thin Film Lithium Niobate (TFLN) and Monolithic Indium Phosphide (InP) are emerging as contenders for high-performance applications. Furthermore, the rise of AI is driving the demand for high-bandwidth transceivers, with PIC technology playing a crucial role in meeting these requirements.
The future applications of Silicon Photonics and PICs are diverse, including high-bandwidth chip-to-chip interconnects, advanced sensors, LiDAR technology, and quantum systems. PIC technology is expected to continue dominating the high-performance transceiver market, solidifying its place in the technological landscape.
IDTechEx’s report, “Silicon Photonics and Photonic Integrated Circuits 2024-2034: Market, Technologies, and Forecasts”, delves into key player analysis, co-packaged optics, photonic materials, manufacturing techniques, and future applications of PICs. To learn more about the report, visit http://www.IDTechEx.com/SemiPIC.
IDTechEx will be hosting a free webinar on Photonic Integrated Circuits, exploring materials, forecasts, and the impact of AI accelerator demand on the PIC market. Register for the webinar on Thursday, May 30, 2024, to gain insights into PIC technology, applications, market forecasts, and the roadmap for datacom transceivers.
For more information about IDTechEx and their research on emerging technologies, visit http://www.IDTechEx.com. Join the conversation on Twitter at http://www.twitter.com/IDTechEx and LinkedIn at http://www.linkedin.com/company/IDTechEx.
Stay tuned for the latest developments in Silicon Photonics and PIC technology as they continue to shape the future of AI, data transmission, sensors, and quantum systems.
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