/Integrated Quantum Optical Circuits Market to Grow at a CAGR of 16.3% from 2028 to 2025 (via Qpute.com)

Integrated Quantum Optical Circuits Market to Grow at a CAGR of 16.3% from 2028 to 2025 (via Qpute.com)

The globally integrated quantum optical circuits market is expected to witness considerable growth due to the strengthening global economy, adoption of smart devices, and enhanced features such as low propagation loss, broad wavelength coverage, low-temperature dependence, and others.

This report offers comprehensive analyses of the global integrated quantum optical circuit market along with the market trends, industry dynamics, key player positioning, top investment pockets, and competitive landscape. According to the report, the globally integrated quantum optical circuit market generated $426 million in 2017 and is expected to reach $1,460.2 million by 2025, registering a CAGR of 16.3% from 2018 to 2025.

Optical fiber communication segment to retain lead through 2025

The optical fiber communication segment held nearly two-fifths share of the total market in 2017, owing to the increase in data consumption and surge in app-based applications worldwide. This segment is projected to maintain its dominance through 2025. Furthermore, quantum computing segment is projected to register the fastest CAGR of 17.4% from 2018 to 2025, owing to high investment in data warehouse and need for fast computing devices.

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Silicon photonics a segment to accrue the highest revenue, indium phosphide to grow fastest through 2025

Among material types, the silicon photonics segment contributed the highest share of 31% in 2017 and is expected to maintain its revenue lead throughout the study period. This is because of silicon photonics uses silicon as an optical medium, which can be operated at a wavelength of 1.55 µm and is also compatible with EIC fabrication technology. In addition, it has a wide range of applications such as modulators and detectors among others, and can be a reused technology.

Now a day, the various developing countries such as India, China, Brazil, and others are focusing on building high-speed internet infrastructure. Therefore, a rise in investment by IT & telecom industry across these countries is expected to increase the demand for high-speed internet connectivity. Hence, various developed economies are investing in these countries to build their business globally. However, the high initial cost and design complexity related to the fabrication of circuits are anticipated to restrain the growth of the global market. Furthermore, the rise in investment in building a 5G network is expected to provide lucrative growth opportunities for the global market in the near future.

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Key Findings of the Integrated Quantum Optical Circuits Market:

•In 2017, North America generated the highest revenue in the globally integrated quantum optical circuits market.

•In 2017, the silicon photonics segment generated the highest revenue in the globally integrated quantum optical circuits market.

The major players operating in the integrated quantum optical circuits market are Aifotec AG, Ciena Corporation, Finisar Corporation, Intel Corporation, Infinera Corporation, Neophotonics Corporation, TE Connectivity, Oclaro Inc., Luxtera, Inc., and Emcore Corporation.

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