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Free Space Optics Market is estimated to reach $1223.1 Million by 2024 with CAGR of 36.4% between 2016 and 2024. Free space optics, also called as free space photonics, is a line of sight technology that propagates infrared beams or light through the outer space or atmosphere to obtain broadband communications.
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Free Space Optics Market Global Scenario, Market Size, Trend and Forecast, 2015-2024 Kailas Disale SEO Executive At Variant Market Research Source : Variant Market Research LLP
DESCRIPTION – FREE SPACE OPTICS MARKET Free Space Optics Market is estimated to reach $1223.1 Million by 2024 with CAGR of 36.4% between 2016 and 2024. Free space optics, also called as free space photonics, is a line of sight technology that propagates infrared beams or light through the outer space or atmosphere to obtain broadband communications. A technology that can be installed without a license worldwide. They require less maintenance and costs lower as compared to the fiber networks. This technology has developed a new category of outdoor wireless devices that can transmit voice, data and video at band widths up to 1.25 Gbps. Source : Variant Market Research LLP
GLOBAL FREE SPACE OPTICS MARKET SIZE AND FORECAST Source : Variant Market Research LLP
GLOBAL FREE OPTICS MARKET The Global Free Space Optics Market is segmented based on the component, application and geography. By component type, it is further segmented into transmitter, receiver, modulator, demodulator, encoder & decoder and others. Furthermore, application is segmented into security, airborne application, healthcare, storage area network, data transmission, defense, disaster recovery, last mile access and others. The ever-expanding telecommunication industry and rising demand for data streaming and multimedia service fuels the growth of the market. Moreover, increasing applications of free space optics into military and healthcare and high penetration of 3G and 4G in emerging economies also boosts the growth of the market. However, environment turbulence could hamper the signal quality, which would hinder the growth of the market. Furthermore, technology advancements and emerging economies could provide growth opportunity for the free space optics market. Source : Variant Market Research LLP
Global Free space optics market share by region 2024 Source : Variant Market Research LLP
KEY MARKET PLAYERS • Panasonic Corp. • Trimble Hungary Ltd. • Anova Technologies • Wireless Excellence Ltd. • General Electronics Co. • Fujitsu Ltd. • Lightbee Corp. • Outstanding Technology • LightPointe Communications • PureLiFi Ltd. • Koninklijke Philips N.V. Source : Variant Market Research LLP
THE KEY TAKEAWAYS FROM THE REPORT • The report will provide detailed analysis of Free Space Optics Market with respect to major segments such as component and application type of the market. • The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024. • Comprehensive analysis of market dynamics including factors and opportunities. • An exhaustive regional analysis of Free Space Optics market. • Profile of key players of the Free Space Optics market, which include key financials, product & services and new developments. Source : Variant Market Research LLP
TABLE OF CONTENT Source : Variant Market Research LLP
TABLE OF CONTENT Source : Variant Market Research LLP
TABLE OF CONTENT Source : Variant Market Research LLP
TABLE OF CONTENT Source : Variant Market Research LLP
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