Photonics in Focus: PIC Market to Reach $98.7 Billion by 2031
The global Photonic Integrated Circuits (PIC) market was valued at US$ 10.2 Bn in 2022 and is projected to reach US$ 98.7 Bn by 2031, expanding at an impressive CAGR of 29.2% from 2023 to 2031. This growth is driven by rapid technological advancements, increasing demand for high-speed communication networks, and the adoption of photonics in space and computing technologies.   Market...
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