Photonic Integrated Circuits Market set to hit $23.4 billion by 2035


Posted June 30, 2025 by Datastring

Industry revenue for Photonic Integrated Circuits is estimated to rise to $23.4 billion by 2035 from $2.3 billion of 2024. The revenue growth of market players is expected to average at 23.5% annually for the period 2024 to 2035.

 
Photonic Integrated Circuits is critical across several key applications including quantum computing, telecommunications, biophotonics and high-speed data transmission. The report unwinds growth & revenue expansion opportunities at Photonic Integrated Circuits’s Circuit Configuration, End-Users, Technology Base, Product Life Cycle and Commercial Application including industry revenue forecast.

Industry Leadership and Competitive Landscape

The Photonic Integrated Circuits market is characterized by intense competition, with a number of leading players such as Infinera Corporation, Huawei Technologies Co. Ltd, Intel Corporation, Broadcom Inc., Lumentum Operations LLC, NeoPhotonics Corporation, Integrated Device Technology Inc., Oclaro Inc., Mellanox Technologies Ltd., Cisco Systems Inc., Alcatel-Lucent S.A. and Juniper Networks Inc..
The Photonic Integrated Circuits market is projected to expand substantially, driven by rising demand in telecommunications and increased adoption in healthcare. This growth is expected to be further supported by Industry trends like Emerging Applications in Quantum Computing.

Moreover, the key opportunities, such as advancements in data communication, strategic collaborations to drive innovation and expanding consumer needs in consumer electronics, are anticipated to create revenue pockets in major demand hubs including U.S., China, Germany, Japan and South Korea.

Regional Shifts and Evolving Supply Chains

North America and Asia-Pacific are the two most active and leading regions in the market. With challenges like high initial investment and technical complexity, Photonic Integrated Circuits market’s supply chain from materials procurement / component manufacturing / assembly & testing to distribution & sales is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, Brazil and South Africa for revenue diversification and TAM expansion.

𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 - 𝐡𝐭𝐭𝐩𝐬://𝐝𝐚𝐭𝐚𝐬𝐭𝐫𝐢𝐧𝐠𝐜𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠.𝐜𝐨𝐦/𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲-𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬/𝐩𝐡𝐨𝐭𝐨𝐧𝐢𝐜-𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝-𝐜𝐢𝐫𝐜𝐮𝐢𝐭𝐬-𝐦𝐚𝐫𝐤𝐞𝐭-𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡-𝐫𝐞𝐩𝐨𝐫𝐭

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 - 𝐡𝐭𝐭𝐩𝐬://𝐝𝐚𝐭𝐚𝐬𝐭𝐫𝐢𝐧𝐠𝐜𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠.𝐜𝐨𝐦/𝐝𝐨𝐰𝐧𝐥𝐨𝐚𝐝𝐬𝐚𝐦𝐩𝐥𝐞/𝐩𝐡𝐨𝐭𝐨𝐧𝐢𝐜-𝐢𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝-𝐜𝐢𝐫𝐜𝐮𝐢𝐭𝐬-𝐦𝐚𝐫𝐤𝐞𝐭-𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡-𝐫𝐞𝐩𝐨𝐫𝐭

About DataString Consulting

DataString Consulting delivers a comprehensive suite of market research and business intelligence solutions for both B2B and B2C sectors all under one roof. From precise, targeted insights to fully customized market research reports, our services are built to align with each client’s strategic goals. With a leadership team boasting over 30 years of combined experience serving Fortune 500 companies, we offer high-impact research and data services across global markets.

Our service portfolio is designed to support organizations of all sizes, with comprehensive market research reports starting at just USD 1,399. As pioneers of a collaborative and cost-efficient model, we are shaping a sustainable ecosystem where market research firms, consultancies, and corporate teams can access reliable, decision-ready insights—without the overhead of traditional research operations.

Contact:
Mr. Mark Lawson
DataString Consulting
[email protected]
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Teena
Business Address california
Country United States
Categories Advertising , Business , Marketing
Tags photonic integrated circuits market report
Last Updated June 30, 2025