Description: The global photonic integrated circuit market size was valued at USD 13.63 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 58.95 Billion by 2033, exhibiting a CAGR of 16.79% from 2025-2033. North America currently dominates the photonic integrated circuit market share by holding over 35.0% in 2024. The market in the region is primarily driven by strong investments in data centers, expansion of 5G infrastructure, and ongoing advanced semiconductor technologies.
Category: Technology
Tag: Photonic Integrated Circuit Market