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Photonics Market to grow by USD 321.9 Billion from 2024-2028, driven by cost-efficient transmission and 400G scalability, Report on AI-driven market transformation – Technavio

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NEW YORK, Nov. 29, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global photonics market  size is estimated to grow by USD 321.9 Billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.45%  during the forecast period. Reduction in transmission costs and scalability beyond 400g is driving market growth, with a trend towards emergence of optical data centers. However, availability of substitute technologies  poses a challenge.Key market players include AIO Core Co. Ltd., ams OSRAM AG, Ayar Labs Inc., Carl Zeiss AG, Corning Inc., Hamamatsu Photonics KK, II VI Inc., Infinera Corp., Innolume GmbH, Intel Corp., International Business Machines Corp., IPG Photonics Corp., Koch Industries Inc., NKT Photonics AS, Nokia Corp., OSCPS Motion Sensing Inc, Polatis Inc., RANVOUS Inc., Sicoya GmbH, and TRUMPF SE Co. KG.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Consumer electronics, Displays, Safety and defense technology, Medical and healthcare, and Others), Product (WDM filters, Optical modulators, Optical interconnects, Photo detectors, and Others), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

AIO Core Co. Ltd., ams OSRAM AG, Ayar Labs Inc., Carl Zeiss AG, Corning Inc., Hamamatsu Photonics KK, II VI Inc., Infinera Corp., Innolume GmbH, Intel Corp., International Business Machines Corp., IPG Photonics Corp., Koch Industries Inc., NKT Photonics AS, Nokia Corp., OSCPS Motion Sensing Inc, Polatis Inc., RANVOUS Inc., Sicoya GmbH, and TRUMPF SE Co. KG

Key Market Trends Fueling Growth

The Photonics Market is experiencing significant growth, particularly in sectors like Healthcare, Information Technology, and Telecommunication. Light-based technology, including Lidar, 3D printing, and laser technology, are trending in industries such as Biotechnology, Biomedical Engineering, and Machine Vision Technology. In Healthcare, non-invasive procedures using medical lasers and OCT scanning are revolutionizing Women’s Health. Photonics plays a crucial role in 5G deployment with fiber optic cables and photonic integrated circuits. Economic growth is driven by photonics-based computing and data traffic in cloud-based services. Environmental considerations are important, with photonics-based devices offering energy efficiency, material waste reduction, and solar energy solutions. Strategic activities include defense operations, imaging systems for target acquisition, and photonics applications in aerospace, energy, and broadcasting. Companies like Hamamatsu Photonics, Celestial AI, and Corning are leading the way in this dynamic market. Competitive insights reveal opportunities in biometric identification, surveillance systems, and quantum computing. 

The data center market has experienced significant expansion due to the increasing popularity of cloud applications and big data analytics. Modern data centers consist of numerous servers, necessitating a large and efficient interconnection network. Wavelength Division Multiplexing (WDM) in optical technology offers terabit data transmission capabilities for such networks. Optical switching, an essential component of photonics, enables fast and energy-efficient intra-data center switching. The photonics industry is crucial in realizing ultra-high-speed optical switches. Disaggregation, a common practice, separates networking, storage, and power resources into modular racks, ensuring each server has its dedicated resources. 

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Market Challenges

The Photonics market encompasses various applications of light-based technology, including healthcare, information technology, and industrial sectors. Challenges in these areas include the development of non-invasive healthcare solutions using medical lasers and imaging technologies like OCT scanning for women’s health. In the information technology sector, the deployment of 5G networks and fiber optic cables require photonics-based solutions for data traffic management and cloud-based services. In the industrial sector, Lidar, 3D printing, and optical scanning systems are essential for industries like aerospace, energy, and manufacturing. The use of photonics in biotechnology and biomedical engineering is driving innovation in areas like machine vision technology and additive manufacturing processes. Environmental regulations and toxic chemicals pose challenges in photonics applications, necessitating the development of energy-efficient and environmentally friendly photonics-based devices. The market also includes applications in solar energy, sensors, defense operations, and imaging systems for target acquisition. Key players in the Photonics market include Hamamatsu Photonics, Celestial AI, and Corning. Strategic activities and competitive insights are crucial for businesses looking to capitalize on the economic growth opportunities in this sector. Photonics-based computing, fiber optic technology, and quantum computing are emerging areas of interest.Photonics, a technology that deals with the generation, manipulation, and detection of light, holds significant potential in various industries. However, its large-scale adoption can be challenged by alternatives like Vertical-Cavity Surface-Emitting Lasers (VCSELs). VCSELs are specialized laser diodes, currently utilized in fiber optic communications. They offer advantages such as increased efficiency and higher data transfer rates. During production, VCSELs enable process control and quality checks. Unlike edge-emitter lasers, VCSELs emit light perpendicularly, providing an edge in applications. Despite labor-intensive and material-intensive manufacturing, the predictable yield makes them a valuable investment for communication networks.

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Segment Overview 

This photonics market report extensively covers market segmentation by

Application 1.1 Consumer electronics1.2 Displays1.3 Safety and defense technology1.4 Medical and healthcare1.5 OthersProduct 2.1 WDM filters2.2 Optical modulators2.3 Optical interconnects2.4 Photo detectors2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Consumer electronics-  Photonics technology plays a crucial role in the consumer electronics industry, driving innovation in areas such as high-resolution screens and energy-efficient lighting. In the realm of displays, photonics enables the production of advanced screens for smartphones, tablets, and TVs through innovations in laser technology, such as ultrafast lasers. These advancements are essential for meeting the complex and precise manufacturing requirements of high-definition flat screens. Moreover, photonics is revolutionizing the lighting industry through the development of LED technology. LEDs consume significantly less energy than traditional lighting sources, making them a cost-effective and sustainable option. The display industry has seen the emergence of organic LEDs (OLEDs) and organic active-matrix LEDs (AMOLEDs), which offer superior image quality and energy efficiency at lower manufacturing costs. Photonics also lays the groundwork for intelligent digital lighting solutions. These systems adjust light output based on ambient conditions and the presence of people, potentially saving up to 70% in power consumption. Additionally, LiFi, a wireless communication technology that uses light to transmit data, offers advantages such as high-bandwidth channels, safety in electromagnetic interference areas, and higher transmission speeds. The consumer electronics segment dominates the global photonics market and is expected to continue doing so during the forecast period. The potential applications of photonics in consumer electronics, lighting, and communication technologies make it a significant contributor to the market’s growth.

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Research Analysis

The photonics market encompasses a diverse range of light-based technologies that are revolutionizing various industries. In healthcare, photonics is driving advancements in non-invasive diagnostics and treatments through medical lasers, OCT scanning, and women’s health applications. In the information sector, photonics is powering high-speed data transmission through fiber optic cables and enabling 5G deployment. Photonics is also transforming industries such as energy with solar energy concentration, biometric identification, and environmental monitoring. Light-based technology is essential in 3D printing, Lidar, and optical scanning systems for accurate and efficient manufacturing processes. In the field of quantum computing, photonics is enabling the development of faster and more powerful computers. Moreover, photonics is crucial in the semiconductor fabrication industry for precision manufacturing and in military applications for surveillance systems and toxic chemical detection. The market is also witnessing significant growth in the area of spectroscopy for material analysis and in the deployment of laser technology for energy efficiency and industrial processes. Environmental regulations are driving the demand for photonics in monitoring and controlling toxic chemicals, making it an essential technology for sustainable development.

Market Research Overview

Photonics, the science of generating, controlling, and detecting light, is revolutionizing various industries with its innovative applications. From Healthcare to Information Technology, light-based technology is making a significant impact. Lidar, 3D printing, and laser technology are transforming industries like Aerospace, Energy, and Biotechnology. In Healthcare, non-invasive procedures using medical lasers and imaging solutions like OCT scanning are improving Women’s health. Photonics is also driving economic growth in Biomedical engineering, Machine vision technology, and Additive manufacturing processes. In Telecommunication, fiber optic technology is enabling 5G deployment, data traffic management, and cloud-based services. Environmental considerations are also driving the adoption of photonics-based devices for energy efficiency, material waste reduction, and solar energy solutions. Strategic activities and competitive insights are shaping the future of photonics in Defense operations, Quantum computing, and Photonic integrated circuits. Companies are investing in photonics-based applications in Imaging systems, Target acquisition, and Broadcasting, among others.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationConsumer ElectronicsDisplaysSafety And Defense TechnologyMedical And HealthcareOthersProductWDM FiltersOptical ModulatorsOptical InterconnectsPhoto DetectorsOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Black Kite and Sayari Partner to Deliver Integrated Intelligence Across Cyber, Supply Chain, and Corporate Risk

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New integration combines global corporate transparency with continuous cyber risk intelligence to help organizations uncover hidden threats across their extended enterprise

BOSTON and WASHINGTON, April 29, 2026 /PRNewswire/ — Black Kite, the leader in third-party cyber risk management, today announced a strategic partnership and integration with Sayari, a leading provider of global corporate transparency and supply chain risk intelligence. Together, the two companies are enabling organizations to gain a unified view of third-party risk by combining deep visibility into global corporate and trade networks with continuous cyber risk monitoring.

As organizations face increasing pressure to manage risk across complex, global supply chains, many struggle with fragmented data spread across multiple tools and teams. This partnership addresses that challenge by bringing together Sayari’s unmatched insight into corporate ownership, trade activity, and hidden commercial relationships with Black Kite’s objective, standards-based cyber risk ratings and real-time threat intelligence.

Through the integration, customers can enrich third-party risk assessments with both who an entity is connected to and how exposed they are from a cyber perspective—providing a more complete and actionable understanding of risk across the extended enterprise.

“Risk doesn’t exist in silos—but most tools still do,” said Bob Maley, Chief Security Officer at Black Kite. “By combining Sayari’s global network intelligence with Black Kite’s continuous cyber risk insights, we’re helping organizations move from fragmented signals to a connected, operational view of third-party risk.”

Sayari’s platform delivers visibility into complex commercial relationships using one of the world’s largest collections of corporate and trade data, spanning over 250 jurisdictions worldwide. By integrating this intelligence directly into Black Kite’s platform, customers can more easily identify hidden ownership structures, upstream supply chain dependencies, and potential exposure to financial crime or geopolitical risk—while simultaneously assessing cyber posture.

“Understanding risk today requires more than a single lens,” said Owen Denby, General Counsel at Sayari. “This partnership brings together two critical dimensions of risk—corporate network transparency and cyber exposure—so organizations can make faster, more confident decisions in an increasingly complex global environment.”

The combined solution supports a wide range of use cases, including:

Enhanced due diligence through enriched corporate ownership and cyber risk insightsSupply chain risk management with visibility into N-tier suppliers and their vulnerabilitiesFinancial crime and compliance by correlating beneficial ownership with cyber postureGovernment and national security applications requiring both transparency and cyber resilienceM&A and third-party onboarding with faster, more comprehensive risk assessments

By reducing manual research and connecting previously siloed data, the Black Kite and Sayari integration enables organizations to prioritize risk more effectively, accelerate investigations, and strengthen resilience across their third-party ecosystem.

The partnership reflects a shared commitment to helping organizations navigate the growing complexity of global risk with greater clarity, speed, and confidence.

Bob and Owen did a webinar together in April: From Fragmented Signals to Connected Risk Intelligence, available to watch on-demand.

About Black Kite

Black Kite is the AI-native third-party cyber risk management platform trusted by over 3,000 customers to manage every supplier and every risk across their extended ecosystem. Powered by the industry’s highest-quality risk intelligence, spanning over 40 million companies, Black Kite is differentiated by the accuracy, transparency, and actionability of its data. The platform automates vendor monitoring and risk assessments, surfacing reliable insights into ransomware susceptibility, regulatory gaps, financial exposure, and more. With Black Kite, security and risk teams gain always-on visibility and trusted intelligence to act early, reduce exposure, and stay ahead of third-party threats. Black Kite has received numerous industry awards and recognition from customers. Learn more at www.blackkite.com, or on the Black Kite blog.

About Sayari

Sayari is the leader in Agentic Systems of Work for economic security and risk. Powered by the Sayari Commercial World Model – a digital twin of global commerce resolving 10.6B+ primary-source records from 250+ jurisdictions – Sayari transforms risk and investigative teams from manual data gatherers into decisive mission leaders. By unifying corporate ownership, trade data, and risk intelligence into a single graph, Sayari uncovers connections and typologies that legacy watchlist, adverse media, and point solutions miss, enabling prescriptive execution at scale. Trusted by the world’s most demanding regulators, including U.S. Customs and Border Protection, the U.S. Treasury, and Fortune 500 enterprises, Sayari delivers the evidence-based transparency needed to prove decisions, satisfy regulators and protect global commerce. Headquartered in Washington, D.C., Sayari is used by thousands of professionals across 35+ countries to secure supply chains and dismantle illicit networks. To learn more, visit sayari.com.

Media Contact

Danielle Ostrovsky
Hi-Touch PR
Ostrovsky@Hi-TouchPR.com

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Chronograph Expands Middle East and Asia Presence With Hire of Former Abu Dhabi Investment Council Technology Leader

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NEW YORK, April 29, 2026 /PRNewswire/ — Chronograph, leading provider of portfolio monitoring solutions for institutional private equity limited partners and general partners, today announced the hiring of Benjamin Humphrey-Gaskin as Client Development Director based in the United Arab Emirates.

Benjamin joins Chronograph from the Abu Dhabi Investment Council (ADIC), where he served as Head of Investment Technology for nine years. In that role, he led end-to-end ownership of a multi-asset investment technology portfolio spanning front, middle, and back office systems. Prior to ADIC, he was a Senior Manager at EY advising sovereign institutions and asset managers on technology and operating models, and earlier served as a Senior Business Analyst at eFront delivering customized private equity solutions.

This expansion of the Client Development team in the Middle East reflects Chronograph’s continued growth across the region. With 5 of the 10 largest LPs in the world and 8 of the 10 largest GPs leveraging Chronograph, the solution is increasingly selected by the world’s most sophisticated private capital investors – including sovereign wealth funds navigating complex portfolios.

Benjamin commented, “I am delighted to be joining Chronograph at such a pivotal moment. This is a company I have followed closely for many years, watching its reputation grow from strength to strength. Investors in the region are demanding best-in-class systems, and the ability to truly understand their portfolios and access the highest quality data is one of the foremost challenges they are looking to solve. Chronograph is perfectly positioned to meet exactly that need. I look forward to helping build the firm’s presence and driving real impact for clients.”

Michael Santos, Global Head of Sales at Chronograph, added, “Benjamin is exactly the kind of leader we need as we deepen our presence in the Middle East and Asia. His experience deploying investment technology at one of the world’s most sophisticated sovereign wealth funds gives him a rare understanding of the challenges institutional investors in the region face. He’s spent his career advising CIOs, CTOs, and COOs on private capital technology transformation and he knows what it takes to turn portfolio data into actionable insight at institutional scale.”

About Chronograph

Chronograph was founded in 2016 to bring differentiated technology solutions to private capital markets. The firm’s products help institutional limited partners and general partners – including many of the world’s largest private equity and private credit investors – streamline and automate portfolio monitoring, valuations, analytics, and reporting. The firm is backed by Summit Partners, The Carlyle Group, and Nasdaq, Inc. For further information, please visit: www.chronograph.pe

Fred Bower
Chronograph
New York, New York
fred.bower@chronograph.pe

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Command Zero Accelerates SecOps Pipelines with APIs and MCP Server

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New endpoints let Security Operations teams build their own tools and embed autonomous investigations into existing pipelines.

AUSTIN, Texas, April 29, 2026 /PRNewswire/ — Command Zero today released a broad set of API endpoints and a Model Context Protocol (MCP) server for its Autonomous & AI-Assisted SOC platform. Customers can now drive threat hunts, investigations, manage business context, and trigger remediation programmatically by connecting to Command Zero’s LLM-based agents.

“With aggressive growth in the availability of agentic SecOps capabilities, security leaders and architects are at an architectural juncture – facing a decision to either adopt agentic feature sets being added to existing security tools and platforms, or to instead invest in net-new autonomous SOC platforms – further increasing complexity to an already overwhelming SecOps tools environment. Command Zero is solving this architectural challenge, adding APIs and MCP server access to powerful autonomous investigation capabilities that can be woven into existing tools, workflows, and UI.”
— Dave Gruber, Principal Analyst, Cybersecurity, Omdia

SOCs consist of dozens of separate tools and need seamless connectivity between tools to overcome complexity. With API endpoints and MCP servers, customers can wire the Command Zero platform into their SOAR playbooks, orchestration pipelines, and internal tooling without waiting on vendor roadmaps. Technical alliance partners can build integrations in minutes.

“Opening Command Zero’s advanced investigation engine to developers changes what’s possible. Teams can now use advanced capabilities of the platform as the substrate for custom threat hunting frameworks, CTI-driven analysis, and bespoke tooling. The MCP server extends that to AI agents — which matters as agentic SecOps moves from pitch decks to day-to-day practice.”
— Richard Stiennon, Chief Research Analyst at IT-Harvest

What’s in the release

Investigation APIs. List, start, extend, update, and retrieve investigations against any investigation template.Business context APIs. List, upload, and retrieve context at scale. Pull data in from ServiceNow, CTEM platforms, HR systems, and other sources — no manual console entry.Catalog and schema APIs. Query entity types, data sources, and investigation templates to align external systems with the platform’s data model.Remediation APIs. List remediation templates and execute remediation actions from external systems.MCP server. A wrapper around the APIs that lets Claude and other MCP-compatible agents query Command Zero directly. Analysts can run health checks, list investigations, triage open cases, and build custom dashboards from an AI chat interface.

What customers can build

SOAR playbooks that start a Command Zero investigation the moment an alert fires, then feed upstream response data back into the case as it develops.Custom threat hunting frameworks that ingest threat intelligence, generate hypotheses, deploy them as questions in Command Zero, and run autonomous hunts on a schedule.Internal SOC dashboards built in Claude that summarize weekly activity, automation rates, and open investigations in natural language.MSSPs syncing client business context across tenants automatically, instead of populating each environment by hand.

“The best security platforms are the ones teams can build on. This release puts Command Zero’s investigation engine in the hands of our customers and our technical alliance partners. They can wire us into their pipelines, extend us with their own flows, and connect us to the AI agents working collaboratively with their analysts. That is how a platform earns its place in the SOC. These APIs and MCP servers unlock a new class of joint solutions with our partners.”
— Dov Yoran, Co-founder and CEO, Command Zero

What’s next

The current release covers the core surface customers need to start building. More API endpoints will follow, shaped by anchor customers’ and partners’ feedback. Command Zero will also publish sample integrations and reference implementations in the weeks following the launch.

About Command Zero

Command Zero is the Autonomous & AI-Assisted SOC platform, built to transform security operations in complex enterprise environments. The platform accelerates threat hunting, triage, analysis and response. Command Zero enables all users to perform at the highest level by ensuring consistent, repeatable, auditable investigations with automated reporting.

Command Zero was named a Top 10 Finalist in the 2025 RSA Innovation Sandbox and serves some of the largest organizations in the world. The company is headquartered in Austin, TX with presence in Calgary Alberta, Canada.

Learn more at https://www.commandzero.ai and follow the Command Zero LinkedIn page.

Media contact: press@cmdzero.io

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