A market research study was conducted, leading to a ten-year forecast of worldwide integrated optoelectronic circuit (IOEC) market and application trends. Four IOEC categories were considered: lightwave, imaging array, digital IC interface optical bus and other devices. It was concluded that worldwide IOEC production will reach $1.71 billion by 1997. It was also concluded that lightwave IOECs will be the leading device category, with commercial communication the leading application.
Jeff D Montgomery,
John R Ryan,
"Integrated Optoelectronic Circuit Forecast", Proc. SPIE 0835, Integrated Optical Circuit Engineering V, (10 March 1988); doi: 10.1117/12.942305; https://doi.org/10.1117/12.942305