Technology News & Trends

  Global Photonic Integrated Circuits (PIC) Market: Overview According to a new research report pertaining to the  photonic integrated circuits (PIC) market , published by Transparency Market Research, the global photonic integrated circuits market is expected to reach a value of ~  US$ 3.3 Bn  by 2027, expanding at a CAGR of ~  23%  from 2019 to 2027. According to the report, the global PIC market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period. Increasing Use of PICs for Communication Systems Driving the Market In terms of application, the global photonic integrated circuits market has been segmented into optical communication, sensing, optical signal processing, and biophotonics. The optical communication segment in the PIC market is anticipated to dominate the market, due to a rise in the demand for optical communication systems that transmit large volume of data at high speed over a lon...

Global Photonic Integrated Circuits (PIC) Market: Overview According to a new research report pertaining to the  photonic integrated circuits (PIC) market , published by Transparency Market Research, the global photonic integrated circuits market is expected to reach a value of ~  US$ 3.3 Bn  by 2027, expanding at a CAGR of ~  23%  from 2019 to 2027. According to the report, the global PIC market would continue to be influenced by a range of macroeconomic and market-specific factors during the forecast period. Planning to lay down future strategy? Perfect your plan with our  report brochure  here Increasing Use of PICs for Communication Systems Driving the Market In terms of application, the global photonic integrated circuits market has been segmented into optical communication, sensing, optical signal processing, and biophotonics. The optical communication segment in the PIC market is anticipated to dominate the market, due to a rise ...