Pune, India -- (SBWIRE) -- 01/23/2019 -- Visible Light Communication market report provides a detailed examination of the market from 2018 to 2023. Visible Light Communication market report focuses on market capacity, share, current market trends, and upcoming future predictions. Its aim to present the analysis of global Visible Light Communication market segment by product type, applications and by regions.

Visible Light Communication market is projected to CAGR of 63.5% during the forecast year 2018-2023. Additionally, Visible Light Communication market report also examines the market by discussing market dynamics such as opportunities, threats, challenges, drivers, restrictions, and other trends of the market.

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Geographically, Visible Light Communication Market Report Covers the Regions: 

Koninklijke Philips NV,General Electric Co.,Bytelight Inc. (An Acuity Brand's Company),Panasonic Corp.,Purelifi Ltd,LVX System,Oledcomm,Lucibel,Outstanding Technology Co. Ltd,Axrtek,.

Primarily driven by the rapidly increasing usage of Visible Light Communication as LEDs in practically every signaling or illumination entity, the market is expected to witness various opportunities in LEDs, as the majority of new energy-efficient lighting installations are expected to be LED-based. According to a research, the global Visible Light Communication market has LED penetration in the lighting market is estimated to reach 61% in 2020. Moreover, the problem of congestion of radio spectrum utilized by Wi-Fi and cellular radio systems, and the increasing technological developments in Visible Light Communication and Li-Fi technology, also serves in developing the market for Visible Light Communication. However, lack of awareness about this technology may hamper the growth of the visible light communication market. Since, the Visible Light Communication Market technology is still emerging, prototypes are being developed. Further advancements in optoelectronic devices/materials are expected to open up new opportunities for the application of this technology in this Visible Light Communication report.

Visible Light Communication Market Dynamics:

Drivers
- Increasing Competition from other Wireless Communication Technologies 
- High Demand for Building Smart City Infrastructure

Restraints
- Restricting Government Policies

Objectives of Visible Light Communication Market Report Are:

-To analyze the global Visible Light Communication market 2018 size by key regions/countries, product type, and application, and forecast to 2023.

-To recognize the structure of Visible Light Communication market by identifying its various sub-segments.

-Focuses on the key vendors to define and analyze the value, market share, market competition landscape, and development plans during the forecast period.

-To analyze the Visible Light Communication with respect to individual growth trends, future prospects, and their contribution to the total Visible Light Communication market.

-To share detailed information about the key factors manipulating the growth of the market.

-To project the size of Visible Light Communication submarkets, with respect to key regions (along with their respective key countries).

-To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

-To strategically profile the key players and comprehensively analyze their growth strategies.

Competitive Analysis of Visible Light Communication Market:

The key players in the market include: Koninklijke Philips NV, Panasonic Corp., LVX Systems, Purelifi Ltd, Bytelight Inc., and General Electric Co. Other players include Oledcomm, Lucibel, Outstanding Technology Co. Ltd, Axrtek, and Firefly Wireless Networks LLC..

Key Developments in the Visible Light Communication Market:

December 2017 - LVX Systems and VeroGuard Systems, a secure digital identity platform provider, partnered to jointly market LVX's industry leading smart building/campus/city IoT experience, capability, and credentials with VeroGuard's wor

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Global Visible Light Communication Market Segmentation:

Visible Light Communication Market Segment by Transmission Types:

-Uni-directional
-Bi-directional

Visible Light Communication Market Segment by Components:

-Light Emitting Diodes
-Photodetectors
-Microcontrollers
-Software and Services

Visible Light Communication Market Segment by Application:

-Consumer Electronics
-Infrastructure
-Automotive
-Defense and Security
-Life Sciences
-Others

Visible Light Communication Market Report TOC Includes:

-Overview of Visible Light Communication market, the scope of the report and include research phases

-Visible Light Communication market insight based on industry analysis and forecast analysis

-Covers market drivers, restraints and opportunity faced by market

-Market segmentation and analysis by product types and applications

-Regional market analysis based on market size, growth rate and forecast year

-Competitive analysis based on mergers and joint ventures

-Share recent development and strategies of the current Visible Light 

Reason to Buy the Visible Light Communication Market Report:

-Ability to quantify enduring populations in global Visible Light Communication market to target the development of future products, pricing strategies and launch plans.

-Further insight into the prevalence of the subdivided types of Visible Light Communication and identification of segments with high potential.

-Current and future of Visible Light Communication market outlook in the established and emerging markets

-Analysis of various viewpoints of the market with the help of Porter's five forces analysis

-The segment that is predictable to dominate the market

-Identification of Visible Light Communication sub-populations that require in -management.

-Better understanding of the specific markets that have the largest number of Visible Light Communication industry.

-Visible Light Communication market helps in making informed business decisions by having complete insights of market and by making an in-depth analysis of market segments.

Price of Report: $ 4250 (Single User Licences)

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