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Recent Study: Visible Light Communication (VLC)/Light Fidelity (Li-Fi) & Free Space Optics (FSO) Market - Analysis & Forecast to 2014 - 2020

Recently published research from Markets and Markets, "Visible Light Communication (VLC)/Light Fidelity (Li-Fi) & Free Space Optics (FSO) Market - Analysis & Forecast to 2014 - 2020", is now available at Fast Market Research


Boston, MA -- (SBWIRE) -- 09/30/2014 -- Visible Light Communication (VLC)/Light Fidelity (Li-Fi) & Free Space Optics (FSO) Market by Component, Applications (Terrestrial, Mobile, & Satellite for FSO & Communication, Automotive, Healthcare, Aerospace, & Underwater for VLC/Li-Fi), & Geography - Analysis & Forecast to 2014 - 2020

The VLC and FSO market report analyses the ecosystem for both the technologies. The market has been segmented by components which include: transmitter, receiver, modulators and demodulators, and others. By application it includes: automotive, healthcare, aerospace, underwater communication, and others. FSO technology application segment include: terrestrial application, mobile application, and satellite application. The report also provides the geographic view of both the technologies for major regions like: the Americas, Europe, Asia Pacific (APAC), and Rest of the World (ROW). The report discusses about the burning issues, market dynamics and winning imperatives for VLC market.

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The VLC market is expected to get more value due to its wide range of applications. The communication application is generating high revenue in the VLC technology market. Whereas, healthcare and automotive application is growing with highest CAGR as compared to other applications.

The VLC technology has higher market share in developing economy like APAC. However, Europe is estimated to grow with at a highest rate in the projected years. The key players in the market are: ByteLight (U.S.), Oldecomm- France LiFi (France), Nakagawa Laboratories (Japan), Outstanding Technology (Japan), Lightpointe Communications (U.S.), and fSONA Networks (Canada) among others.

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