Imperatives for photonics companies | McKinsey

 "Photonics-enabled systems are already widely used by consumers, businesses, and government organizations every day in products that amount to a $1.4 trillion global market. By 2025, the market for photonics-enabled systems should grow to almost $2 trillion."

"The growing use of light-based technology in a wide range of product areas is further expanding the opportunity for photonics companies. The companies that perform the best will be those that position themselves in the highest-growth product areas. Photonics companies may also find themselves on one end of an M&A discussion. Success will come to those who deftly play the hand they’re holding."