PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1890557
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1890557
Global Photonic Integrated Circuits Market Size study & Forecast, by Application by Integration Type and Component and Regional Forecasts 2022-2032
The Global Photonic Integrated Circuits (PIC) Market is valued at approximately USD 14.54 billion in 2024 and is projected to expand at an extraordinary CAGR of 44.11% over the forecast period 2025-2035. Photonic integrated circuits integrate multiple photonic functions on a single chip, enabling ultra-high-speed data transmission, enhanced signal processing, and miniaturized optical components. These circuits are increasingly pivotal in telecommunications, data centers, quantum computing, and biomedical applications. The unprecedented demand is driven by the surge in global data traffic, adoption of high-bandwidth networks, and advancements in optical communication technologies, positioning PICs as a cornerstone of next-generation digital infrastructure.
The acceleration in cloud computing, high-performance computing, and telecommunication network upgrades has significantly amplified the adoption of photonic integrated circuits. Their ability to drastically reduce latency, improve energy efficiency, and support dense wavelength division multiplexing has made them indispensable in modern optical networks. According to industry insights, data center and telecommunications applications account for the majority of current PIC deployment, with quantum computing and biomedical applications presenting lucrative growth prospects. Nevertheless, production complexities and high initial investment costs pose challenges that require continual innovation in fabrication techniques.
The detailed segments and sub-segments included in the report are:
By Application:
- Telecommunications
- Data Center
- Biomedical
- Quantum Computing
- Others
By Integration Type:
- Monolithic
- Hybrid
- Module
By Component:
- Lasers
- MUX/DEMUX
- Modulators
- Optical Amplifiers
- Detectors
- Attenuators
- Others
By Region:
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Latin America
- Brazil
- Mexico
Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Telecommunications currently dominates the application segment, accounting for the largest market share due to the accelerated deployment of 5G and optical fiber networks across the globe. This segment benefits from continuous innovation in photonic devices, increased investment in network infrastructure, and the demand for faster, low-latency communication. While telecommunications leads today, data center applications are expected to emerge as the fastest-growing segment due to rising cloud computing demands, AI workloads, and hyperscale infrastructure expansion, creating a highly dynamic growth environment.
Regarding integration type, monolithic PICs presently lead in revenue contribution, driven by their high performance, compact design, and superior reliability for large-scale deployment in telecom and data center environments. Hybrid PICs and module-based designs are increasingly gaining traction due to their flexibility, customization capabilities, and ability to integrate diverse photonic components efficiently. This segmentation illustrates the nuanced interplay between performance-driven demand and modular adoption patterns across different industries.
North America dominated the market in 2025, owing to its robust telecommunication infrastructure, advanced R&D ecosystem, and early adoption of photonic technologies in data centers and quantum computing initiatives. Europe maintains a significant share, buoyed by strong government investments and initiatives promoting high-speed optical networks. Asia Pacific is projected to be the fastest-growing region over the forecast period, led by China, Japan, and South Korea, driven by aggressive deployment of 5G networks, smart city projects, and high-capacity data centers. Latin America and the Middle East & Africa are experiencing gradual expansion due to increasing optical network deployments and technology adoption across healthcare and industrial sectors.
Major market players included in this report are:
- Infinera Corporation
- Lumentum Holdings Inc.
- II-VI Incorporated
- Intel Corporation
- Cisco Systems, Inc.
- Broadcom Inc.
- Ciena Corporation
- NeoPhotonics Corporation
- MACOM Technology Solutions
- Rockley Photonics Ltd.
- ADVA Optical Networking SE
- Finisar Corporation
- NTT Electronics Corporation
- Huawei Technologies Co., Ltd.
- Fujitsu Limited
Global Photonic Integrated Circuits Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional-level analysis for each market segment.
- Detailed analysis of the geographical landscape with country-level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of the competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Photonic Integrated Circuits Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. key Findings
Chapter 3. Global Photonic Integrated Circuits Market Forces Analysis
- 3.1. Market Forces Shaping The Global Photonic Integrated Circuits Market (2024-2035)
- 3.2. Drivers
- 3.2.1. surge in global data traffic
- 3.2.2. adoption of high-bandwidth networks
- 3.3. Restraints
- 3.3.1. production complexities and high initial investment costs
- 3.4. Opportunities
- 3.4.1. advancements in optical communication technologies
Chapter 4. Global Photonic Integrated Circuits Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis And Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Photonic Integrated Circuits Market Size & Forecasts by Application 2025-2035
- 5.1. Market Overview
- 5.2. Global Photonic Integrated Circuits Market Performance - Potential Analysis (2025)
- 5.3. Telecommunication
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
- 5.4. Data Center
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
- 5.5. Biomedical
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
- 5.6. Quantum Computing
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market size analysis, by region, 2025-2035
Chapter 6. Global Photonic Integrated Circuits Market Size & Forecasts by Integration type 2025-2035
- 6.1. Market Overview
- 6.2. Global Photonic Integrated Circuits Market Performance - Potential Analysis (2025)
- 6.3. Monolithic
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
- 6.4. Hybrid
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
- 6.5. Module
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
Chapter 7. Global Photonic Integrated Circuits Market Size & Forecasts by Component 2025-2035
- 7.1. Market Overview
- 7.2. Global Photonic Integrated Circuits Market Performance - Potential Analysis (2025)
- 7.3. Lasers
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
- 7.4. MUX/DEMUX
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
- 7.5. Modulators
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
- 7.6. Optical Amplifiers
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market size analysis, by region, 2025-2035
- 7.7. Detectors
- 7.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.7.2. Market size analysis, by region, 2025-2035
- 7.8. Attenuators
- 7.8.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.8.2. Market size analysis, by region, 2025-2035
- 7.9. Others
- 7.9.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.9.2. Market size analysis, by region, 2025-2035
Chapter 8. Global Photonic Integrated Circuits Market Size & Forecasts by Region 2025-2035
- 8.1. Growth Photonic Integrated Circuits Market, Regional Market Snapshot
- 8.2. Top Leading & Emerging Countries
- 8.3. North America Photonic Integrated Circuits Market
- 8.3.1. U.S. Photonic Integrated Circuits Market
- 8.3.1.1. Application breakdown size & forecasts, 2025-2035
- 8.3.1.2. Integration type breakdown size & forecasts, 2025-2035
- 8.3.1.3. Component breakdown size & forecasts, 2025-2035
- 8.3.2. Canada Photonic Integrated Circuits Market
- 8.3.2.1. Application breakdown size & forecasts, 2025-2035
- 8.3.2.2. Integration type breakdown size & forecasts, 2025-2035
- 8.3.2.3. Component breakdown size & forecasts, 2025-2035
- 8.3.1. U.S. Photonic Integrated Circuits Market
- 8.4. Europe Photonic Integrated Circuits Market
- 8.4.1. UK Photonic Integrated Circuits Market
- 8.4.1.1. Application breakdown size & forecasts, 2025-2035
- 8.4.1.2. Integration type breakdown size & forecasts, 2025-2035
- 8.4.1.3. Component breakdown size & forecasts, 2025-2035
- 8.4.2. Germany Photonic Integrated Circuits Market
- 8.4.2.1. Application breakdown size & forecasts, 2025-2035
- 8.4.2.2. Integration type breakdown size & forecasts, 2025-2035
- 8.4.2.3. Component breakdown size & forecasts, 2025-2035
- 8.4.3. France Photonic Integrated Circuits Market
- 8.4.3.1. Application breakdown size & forecasts, 2025-2035
- 8.4.3.2. Integration type breakdown size & forecasts, 2025-2035
- 8.4.3.3. Component breakdown size & forecasts, 2025-2035
- 8.4.4. Spain Photonic Integrated Circuits Market
- 8.4.4.1. Application breakdown size & forecasts, 2025-2035
- 8.4.4.2. Integration type breakdown size & forecasts, 2025-2035
- 8.4.4.3. Component breakdown size & forecasts, 2025-2035
- 8.4.5. Italy Photonic Integrated Circuits Market
- 8.4.5.1. Application breakdown size & forecasts, 2025-2035
- 8.4.5.2. Integration type breakdown size & forecasts, 2025-2035
- 8.4.5.3. Component breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe Photonic Integrated Circuits Market
- 8.4.6.1. Application breakdown size & forecasts, 2025-2035
- 8.4.6.2. Integration type breakdown size & forecasts, 2025-2035
- 8.4.6.3. Component breakdown size & forecasts, 2025-2035
- 8.4.1. UK Photonic Integrated Circuits Market
- 8.5. Asia Pacific Photonic Integrated Circuits Market
- 8.5.1. China Photonic Integrated Circuits Market
- 8.5.1.1. Application breakdown size & forecasts, 2025-2035
- 8.5.1.2. Integration type breakdown size & forecasts, 2025-2035
- 8.5.1.3. Component breakdown size & forecasts, 2025-2035
- 8.5.2. India Photonic Integrated Circuits Market
- 8.5.2.1. Application breakdown size & forecasts, 2025-2035
- 8.5.2.2. Integration type breakdown size & forecasts, 2025-2035
- 8.5.2.3. Component breakdown size & forecasts, 2025-2035
- 8.5.3. Japan Photonic Integrated Circuits Market
- 8.5.3.1. Application breakdown size & forecasts, 2025-2035
- 8.5.3.2. Integration type breakdown size & forecasts, 2025-2035
- 8.5.3.3. Component breakdown size & forecasts, 2025-2035
- 8.5.4. Australia Photonic Integrated Circuits Market
- 8.5.4.1. Application breakdown size & forecasts, 2025-2035
- 8.5.4.2. Integration type breakdown size & forecasts, 2025-2035
- 8.5.4.3. Component breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea Photonic Integrated Circuits Market
- 8.5.5.1. Application breakdown size & forecasts, 2025-2035
- 8.5.5.2. Integration type breakdown size & forecasts, 2025-2035
- 8.5.5.3. Component breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC Photonic Integrated Circuits Market
- 8.5.6.1. Application breakdown size & forecasts, 2025-2035
- 8.5.6.2. Integration type breakdown size & forecasts, 2025-2035
- 8.5.6.3. Component breakdown size & forecasts, 2025-2035
- 8.5.1. China Photonic Integrated Circuits Market
- 8.6. Latin America Photonic Integrated Circuits Market
- 8.6.1. Brazil Photonic Integrated Circuits Market
- 8.6.1.1. Application breakdown size & forecasts, 2025-2035
- 8.6.1.2. Integration type breakdown size & forecasts, 2025-2035
- 8.6.1.3. Component breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico Photonic Integrated Circuits Market
- 8.6.2.1. Application breakdown size & forecasts, 2025-2035
- 8.6.2.2. Integration type breakdown size & forecasts, 2025-2035
- 8.6.2.3. Component breakdown size & forecasts, 2025-2035
- 8.6.1. Brazil Photonic Integrated Circuits Market
- 8.7. Middle East and Africa Photonic Integrated Circuits Market
- 8.7.1. UAE Photonic Integrated Circuits Market
- 8.7.1.1. Application breakdown size & forecasts, 2025-2035
- 8.7.1.2. Integration type breakdown size & forecasts, 2025-2035
- 8.7.1.3. Component breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) Photonic Integrated Circuits Market
- 8.7.2.1. Application breakdown size & forecasts, 2025-2035
- 8.7.2.2. Integration type breakdown size & forecasts, 2025-2035
- 8.7.2.3. Component breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa Photonic Integrated Circuits Market
- 8.7.3.1. Application breakdown size & forecasts, 2025-2035
- 8.7.3.2. Integration type breakdown size & forecasts, 2025-2035
- 8.7.3.3. Component breakdown size & forecasts, 2025-2035
- 8.7.1. UAE Photonic Integrated Circuits Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Infinera Corporation
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
- 9.3. Lumentum Holdings Inc.
- 9.4. II-VI Incorporated
- 9.5. Intel Corporation
- 9.6. Cisco Systems, Inc.
- 9.7. Broadcom Inc.
- 9.8. Ciena Corporation
- 9.9. NeoPhotonics Corporation
- 9.10. MACOM Technology Solutions
- 9.11. Rockley Photonics Ltd.
- 9.12. ADVA Optical Networking SE
- 9.13. Finisar Corporation
- 9.14. NTT Electronics Corporation
- 9.15. Huawei Technologies Co., Ltd.
- 9.16. Fujitsu Limited
