This market is one of the most attractive for investment, as it is projected to reach €650 billion globally by 2020, according to data from Optech Consulting. In 2005, the global photonics market was valued at €228 billion. With a projected sustained annual growth rate of around 8%, it is expected to reach a total market volume of €439 billion by 2015.
FiberNet is one of the most active Spanish companies in this area, having recently acquired the Valencian startup Fibernova, a company specializing in photonic and radio frequency technology for the telecommunications sector. Esther Gómez, CEO of FiberNet, explains that "photonics will be key to designs in the coming years." Fibernova has a center in Valencia for the design, assembly, and manufacturing of photonic circuits, which is unique in Spain. This center is expected to increase the development of photonics technology with a commercial focus to put Spain on the map in this market.
Photonics, one of the 5 key technologies in Europe
The European Union has recently recognized photonics as one of the five key technologies of the future with a planned investment of 1.795 billion euros for the period 2015-2020.
Unlabeled
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Apollo and Alcatel-Lucent have announced an industry milestone: a successful demonstration of data transmission at approximately 3 terabits per second (Tbit/s), based on 40 Gbit/s channels, per fiber pair in a submarine network. Apollo is a...
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Cloud-TM, the EU's cloud computing project, presents an initial prototype
After three years of hard work, the Cloud-TM (Transactional Memory) Platform prototype has been launched. This announcement marks the final stage of one of the largest cloud computing research projects in the European Union.
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The M2M boom is driving massive growth in the value-added services market
The tremendous expansion of machine-to-machine (M2M) connections in the coming years will cause the market for services associated with value-added services (VAS) to expand by a factor of seven and reach $10 billion in 2017. -
WLAN monetization and 802.11ac, the most important Wi-Fi trends in 2015
Location-based services, social networks as user registration credentials between companies that provide guest access, or Hotspot 2.0 roaming consortia have been some of the most talked-about Wi-Fi trends during 2014.
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Mateo Valero, awarded an ERC Advanced Grant, which is the most prestigious aid for a scientific project
The European Research Council (ERC) has awarded Mateo Valero, director of the Barcelona Supercomputing Center – National Supercomputing Center (BSC-CNS), an Advanced Grant in the physical sciences and engineering category for his project 'Riding on... -
How does coherent optics increase data speed? - Modulation and polarization multiply the data capacity in optical networks.
In the early days of optical networks, all optical signals relied on a simple mechanism known as on-off keying (OOK). Simply put, this mechanism works by turning a light on and off to transmit data. OOK is a broader term used to describe...
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RETN launches new trunk route between Romania and Moldova to strengthen connectivity in Eastern Europe
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SQuA is born, the alliance that will boost the quantum technology ecosystem in Spain
Spain will have, for the first time, a specific association for the development of its ecosystem...
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