Global Hybrid Photonic Integrated Circuit Market to Grow at a CAGR of +37% During Forecast Period 2018-2023
Photonic Integrated Circuit technology is widely used to transfer huge amounts of data at a very high speed and find application in the field of optical fiber communications. The photonic integrated circuits market is growing as they provide significant improvements in system size, power consumption, reliability, and cost. Based on the type of integration, the photonic integrated circuit market is segmented into hybrid and monolithic. Hybrid photonic integration allows for selecting individual components from the respective best-suited material platform and...
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