Jul. 25, 2025 –
According to Cervicorn Consulting, the global silicon photonics market size is forecasted to reach around USD 10.33 billion by 2034 and is growing at a CAGR of 26.32% over the forecast period 2025 to 2034.
The silicon photonics market is experiencing significant growth, driven by the increasing demand for high-speed data transfer, energy-efficient optical communications, and scalable data center infrastructure. Advancements in 5G, artificial intelligence (AI), cloud computing, and CMOS-compatible photonic integration are fueling the need for compact and efficient photonic devices. Additionally, industries such as telecommunications, healthcare, and automotive are embracing silicon photonics amid rising interest in quantum computing and intensified R&D investments in photonic chip development.
Silicon photonics is seeing widespread adoption across data centers, telecom networks, healthcare systems, and even defense sectors due to its cost-effective, high-volume data transmission capabilities. Its benefits—such as miniaturization, reduced power consumption, and seamless integration with CMOS—make it an essential technology in modern computing. Emerging applications, including biosensing, quantum computing, and automotive LiDAR, are further expanding its relevance. With growing industry demand, major stakeholders are ramping up investments in scalable manufacturing systems, signaling a shift from traditional copper technologies to silicon-based solutions, which are set to redefine next-generation communication and computing.