Photonic Integrated Circuit Market Share

Statistics for the 2023 & 2024 Photonic Integrated Circuit market share, created by Mordor Intelligence™ Industry Reports. Photonic Integrated Circuit share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Photonic Integrated Circuit Industry

The photonic integrated circuit market is moderately competitive and consists of several major players like Neophotonics Corporation, Poet Technologies, Cisco Systems Inc., and Infinera Corporation. In terms of market share, few major players currently dominate the market. However, with innovations and technological advancements, many companies are increasing their market presence by securing new contracts and tapping new markets. Some of the recent developments in the market are:

In March 2023, iPronics created a programmable photonic chip for wireless signal processing, data centers, machine learning, and other advanced computing applications. The company is developing programmable photonic systems based on optical hardware that can be adapted to meet the needs of different applications.

In March 2022, EFFECT Photonics and Jabil Photonics announced a cooperation with the aim of developing a new generation of coherent optical modules. The modules offer a unique solution for network operators and hyper-scalers seeking to benefit from QSFP-high DD's performance, small footprint, low power consumption and cost, field replaceability, and vendor interoperability for cloud DCIs (Data Center Interconnects). The next-generation coherent optical modules handle the increased demand for data flow, service continuity, security issues, global expansion, and sustainability.

In March 2022, ColorChip Group and Skorpios Technologies Inc., a vertically integrated pioneer in heterogeneously integrated silicon photonics, established a strategic partnership to use Skorpios' disruptive optical technology to produce optical modules at previously unheard-of prices. ColorChip will sell its brand of modules and private label modules for Skorpios to sell at various speeds and performance levels. Future products, such as Co-packaged Optics and Coherent Modules, will be developed in collaboration.

Photonic Integrated Circuit Market Leaders

  1. NeoPhotonics Corporation

  2. POET Technologies Inc

  3. II-VI Incorporated

  4. Infinera Corporation

  5. Intel Corporation

*Disclaimer: Major Players sorted in no particular order

Photonic Integrated Circuit Market Concentration

Photonic Integrated Circuit Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)