DELRAY BEACH, Fla., April 24, 2025 -- The global silicon photonics market was valued at USD 2.65 billion in 2025 and is projected to reach USD 9.65 billion by 2030, growing at a CAGR of 29.5% from 2025 to 2030 according to a new report by MarketsandMarkets™. One of the rising market drivers for silicon photonics is building quantum communication and computing systems that demand ultra-high-speed, ultra-secure transmission of optical data-making scalable photonic integrated circuits a prerequisite and photonic circuits precise for achieving this requirement. Another frontier driver is increasing wearables-based medical diagnostics in which silicon photonics facilitates wearable, non-invasive biosensors to monitor the patient's condition on a constant basis, triggering widespread adoption of personalized healthcare devices. Both industries unlock new frontiers beyond the legacy data and telecom markets and extend silicon photonics into leading-edge applications.
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