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					         Photonic Integrated Circuit Market worth $1,547.6 Million by 2022

According to a new market research report “Global Photonic Integrated Circuit (Ic) &
Quantum Computing Market (2012 – 2022) by Application [Optical Fiber
Communication and Sensors, Biomedical], Integration [Hybrid, Module and
Monolithic], Components, Raw Materials and Geography” published by
MarketsandMarkets (www.marketsandmarkets.com), the total market is expected to reach
$1,547.6 million by 2022, at a CAGR of 26.3%.

Browse 104 market data tables with 30 figures spread through 236pages and in-
depth TOC of “Global Photonic Integrated Circuit (Ic) & Quantum Computing
Market (2012 – 2022) by Application [Optical Fiber Communication and Sensors,
Biomedical], Integration [Hybrid, Module and Monolithic], Components, Raw
Materials and Geography”.
http://www.marketsandmarkets.com/Market-Reports/photonic-integrated-circuit-ic-optical-
computing-chip-market-881.html
Early buyers will receive 10% customization on reports.

Photonic integrated circuit (also known as planar light wave circuits or integrated
optoelectronic devices) is a ground breaking technology that has revolutionized the optical
network industry. Its ability to process large amount of data at huge speeds makes it an
important contributor in enhancing the transmission capacity of optical fiber
communications. PICs have changed the dynamics of the optical network industry by
increasing optical performance and reliability while reducing physical size, power
consumption and heat dissipation. Presently 500 Gbps PICs have been developed to deliver
high-capacity transmission while optimizing power, cooling, space and operational
simplicity. PICs are being developed for other applications like optical sensors, quantum
computing and biomedical. Quantum computing is forecasted to be commercialized by
2017. It will take the market by storm from the moment it gets launched. It is predicted to
grow at a phenomenal rate of 139.6% from 2017 to 2022.

The report gives a brief about the evolution of Photonic integrated circuits. The emergence
of silicon photonics has changed market dynamics as it has enabled large scale production
of PICs at low cost. Presently the market leaders are developing medium and large PICs
capable of incorporating 100-1000 components/functions in a single InP based monolithic
substrate.

This report describes the various types of integration techniques used to fabricate PICs. The
integration techniques include module, hybrid and monolithic. The report covers the market
of PICs based on these integration techniques across North America, Europe, Asia-Pacific,
and ROW. The market is also segmented according to the raw materials used to develop
PICs. The raw materials consist of Lithium Niobate, Silica on Silicon, Silicon on Insulator,
Indium Phosphide and Gallium Arsenide. The report also throws light on the PIC market
according to various geographical regions. The geographical region covered here are North
America, Europe, Asia-Pacific, and ROW.

Global PIC market is expected to reach $1,547.6 million by 2022, at an estimated CAGR of
26.3%. Presently North America is the biggest market for photonic integrated circuit
followed by Europe and APAC. However APAC will emerge as the market leader by 2022
because of the prolific growth of datacenters and access network in that region.
About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S.
We publish strategically analyzed market research reports and serve as a business
intelligence partner to Fortune 500 companies across the world.

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industrial automation, medical devices, pharmaceuticals, semiconductor and electronics,
and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business
insight with our huge market intelligence repository. To know more about us and our
reports, please visit our website www.marketsandmarkets.com

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posted:1/24/2013
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Description: Photonic Integrated Circuit (IC) & Quantum Computing Market segments the global PIC market, based on integration, raw materials and applications, it also covers the forecasted revenue from 2012 to 2022 and future applications of Optical Fiber Communication, Optical Fiber Sensors, Biomedical