$LWLG Website has been updated! http://lightwa
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Posted On: 06/17/2017 8:11:50 AM
$LWLG Website has been updated!
http://lightwavelogic.com/Target_Markets
In analysis that has been completed at Lightwave Logic, it is anticipated that the total photonics market in fiber communications will grow from $21B today to over $43B by 2025 with a CAGR (compound annual growth rate) of 7%.
This market will consist of three major segments: datacom, access, and wide-area-networks.
One of the major surprises that emerged from our analysis of the market is the explosive trend of PICs (photonic integrated circuits) into fiber communications products.
PICs allow the integration of photonic devices to improve cost structures, functionality, low power, high performance, and miniaturization. It is estimated that of the $43B photonics market that is forecasted by 2025, over 69% of this market will be PIC based.
This means that PICs are forecasted to reach over $30B in revenue by 2025. It is clear that PIC based technologies will become de facto by 2025.
Deeper analysis has shown the fiber optic transceiver segments within the photonics market to grow to $25B by 2025 representing 50% of the $43B total photonics market.
This indicates that not only PICs will grow significantly, but PICs will be built into transceivers as transceivers are forecasted to be the key vehicle to support the fiber communications market over the next decade.
Within the transceiver segment, the focus areas that will grow quickly over the forecast period to 2025 are the Ethernet-datacom segment, wide-area-network client-side segment, and DWDM segments.
- SteveS
http://lightwavelogic.com/Target_Markets
In analysis that has been completed at Lightwave Logic, it is anticipated that the total photonics market in fiber communications will grow from $21B today to over $43B by 2025 with a CAGR (compound annual growth rate) of 7%.
This market will consist of three major segments: datacom, access, and wide-area-networks.
One of the major surprises that emerged from our analysis of the market is the explosive trend of PICs (photonic integrated circuits) into fiber communications products.
PICs allow the integration of photonic devices to improve cost structures, functionality, low power, high performance, and miniaturization. It is estimated that of the $43B photonics market that is forecasted by 2025, over 69% of this market will be PIC based.
This means that PICs are forecasted to reach over $30B in revenue by 2025. It is clear that PIC based technologies will become de facto by 2025.
Deeper analysis has shown the fiber optic transceiver segments within the photonics market to grow to $25B by 2025 representing 50% of the $43B total photonics market.
This indicates that not only PICs will grow significantly, but PICs will be built into transceivers as transceivers are forecasted to be the key vehicle to support the fiber communications market over the next decade.
Within the transceiver segment, the focus areas that will grow quickly over the forecast period to 2025 are the Ethernet-datacom segment, wide-area-network client-side segment, and DWDM segments.
- SteveS
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