Silicon Photonics Market Worth $410.78 Million by 2020

Silicon Photonics Market Worth $410.78Silicon Photonics Market Worth $410.78 Million by 2020 PR Newswire DALLAS, January 23, 2014 According to the new market research report "Silicon Photonics Market by Products (Silicon Optical Interconnects & Wavelength Division Multiplexer Filters & Others), Applications (Telecommunication, Datacom, High Performance Computing & Others) & Geography - Analysis & Forecast (2013-2020)" published by MarketsandMarkets, the total market is expected to reach $410.78 million by 2020, growing at a CAGR of 24.5% for the period from 2013 to 2020. Browse 70 market data tables and 24 figures spread through 204 pages and in-depth TOC on "Silicon Photonics Market" http://www.marketsandmarkets.com/Market-Reports/silicon- photonics-116.html Early buyers will receive 10% customization on this report. The global Silicon Photonics Market revenue is expected to reach $88.6 million by the end of 2013. It is also expected to grow up to $410.78 million in 2020 at a CAGR of 24.5%. This growth is heralded by the telecom and Datacom application markets for silicon Photonics products. The silicon Photonics Datacom applications sector is expected to grow rapidly in the coming seven years. When geographical markets of North America, Europe, Asia Pacific and the Rest of the World are considered, North America has the major share in the market with expected revenue of roughly $47.1 million in 2013.