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VLC Technology Market

Visible Light Communication is a line-of-sight communication technology where light in the visible spectrum (400THz-800THz) is used as a medium for data transmission. The phenomenal growth in internet data usage resulted in congestion of RF band available for the conventional wireless technologies like Wi-Fi, Bluetooth, Wi-max etc. This compelled the network providers to turn to VLC technology which uses license free spectrum and is more secure as compared to other wireless technologies.

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VLC Technology Market

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  1. MarketsandMarkets Presents VLC Technology Market http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html

  2. According to a new market research report, “Global Visible Light Communication Market (VLC) & Li-Fi Technology, Free Space Optics (FSO)- 2013-18): 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 >> Browse 91 tables and 35 figures/charts spread through 250 pages In-depth TOC on “VLC Technology Market“ http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html

  3. VLC Technology Market Revenue 2013-18 Source: MarketsandMarkets Analysis http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html

  4. 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. http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html

  5. 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. http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html

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  7. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html

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