Visible Light Communication Market

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MarketsandMarkets Presents
Visible Light Communication (VLC) Market worth
6,138.02 Million - 2018
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sible-light-communication-market-946.html
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According to a new market research report,
Global Visible Light Communication Market
(2013-2018) By Component (LED, Image Sensor),
Application (Indoor Networking, Underwater
Communication, Location Based Service,
Intelligent Traffic Systems) published by
MarketsandMarkets (www.marketsandmarkets.com),
Visible Light Communication (VLC)/Li-Fi
Technology market is expected to reach 6,138.02
million by 2018 with an estimated CAGR of 82
from 2013 to 2018 and FSO technology market
2,965.82 million by 2018 with an estimated CAGR
of 29.3 from 2013 to 2018 Browse 91 tables
and 35 figures/charts spread through 250 pages
combined with an in-depth TOC on "Global Visible
Light Communication (Vlc)/Li-Fi Technology Free
Space Optics (Fso) Market (2013-2018) By
Component (Led, Image Sensor), Application
(Indoor Networking, Underwater Communication,
Location Based Service, Intelligent Traffic
Systems)".http//www.marketsandmarkets.com/Marke
t-Reports/visible-light-communication-market-946.h
tml Early buyers will receive 10 customization
on reports.
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VLC/Li-Fi is presently the buzzword in the
communication (internet) industry. Optical
wireless communication networks like VLC/Li-Fi
and FSO are going to be introduced in the market
as complementary technologies for Wi-Fi,
Bluetooth, wimax etc. VLC/Li-Fi uses visible
light as a medium of communication,whereas FSO
uses IR spectrum. It provides high speed and
securecommunication as compared to Wi-Fi,
Bluetooth or wimax which use RF band for
communication. With the bandwidth crunch caused
by increased data usage, network providers are
turning to alternatives like VLC/Li-Fi and FSO to
relieve the internet traffic. Last mile
connectivity and high speed network speed are
important drivers of the VLC/Li-Fi market. Growth
in the LED industry is expected to boost the VLC
market. Low reliability and high installation
costs are expected to the major threats for the
VLC market. Along with market dynamics like
drivers, restraints, and opportunities, the
report also gives insight to the various market
parameters such as value chain analysis, and the
recent market activity by the leading players for
sustainability. Market activity includes mergers,
acquisitions, new product developments,
collaborations, joint ventures and partnerships
by the players in the market.
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VLC technology market covers revenues and
forecast of VLC/Li-Fi components, major
applications that are expected to be
commercialized in next 2 years, and FSO
applications. VLC/Li-Fi components include LED,
infrared emitters, opto-couplers and image
sensors. VLC applications covered in this report
include intelligent traffic management system,
indoor communication, in-flight entertainment,
underwater communication and location based
services. There are prospective future
applications of VLC, which are in the development
stage they are M2M communications, smart city,
WSN and ubiquitous computing etc. FSO
applications include enterprise communications,
mobile carrier backhaul and military
aerospace.
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