Silicon Photonics is the emerging study that deals with photonic system to process, manipulate, generate and transmit data much faster between microchips. In this system, silicon is used as optical medium to transfer data. The continuous need for higher data transfer rate is the driving force for various manufacturers to adopt this technology to enhance computational and processing capabilities of data centers. Silicon Photonics is experiencing healthy growth rate as it reduces cost and consumes less power. Many manufacturers are favoring the silicon photonics technology and are ready to invest in this technology to gain competitive edge. Some silicon photonics based devices may have thermal effect problem, which may hamper the performance of the devices. Reflective index of the silicon photonics is high which makes difficult to fabricate small devices. These limitations are hurdles to for an increased market adoption of Silicon Photonics Sensor market. Key companies that are profiled in the report are Finisar corporation, Hewlett-Packard Co, IBM Corp, Oracle Corporation, Phoenix Software, Luxtera, Inc., Mellanox Technologies, Das Photonics, Infinera, Inc. and 3s Photonics.