Visible Light Communication Market Size and Share 2017-2021: Dominance of Competing Technologies

The global visible light communication market to grow at a CAGR of 77.86% during the period 2017-2021.


Albany, NY -- (SBWIRE) -- 03/21/2018 -- VLC is a wireless technology that uses light emanated from LED bulbs in order to provide a network for high-speed communication parallel to Wi-Fi. Thus, it is also referred to as Li-Fi. Visible light spectrum is 10,000 times larger than radio frequency spectrum, and it is considered as an answer to the bandwidth limitations of radio frequency. It uses visible light between 400 THz and 800 THz, with achievable data rates reaching 100 Mbps. It may be used as an individual solution, along with cellular network communication or radio-frequency. This technology is a faster and cheaper optical version of Wi-Fi.

Covered in this report

The report covers the present scenario and the growth prospects of the global visible light communication market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

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Technavio's report, Global Visible Light Communication Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
fSONA Networks
LightPointe Communications
LVX System
Nakagawa Laboratories
Outstanding Technology
Koninklijke Philips

Other prominent vendors
Avago Technologies
Plaintree Systems
Renesas Electronics
Supreme Architecture

Market driver
Unlicensed use, high data density, and high data rates.
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Market challenge
Dominance of competing technologies.
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Market trend
Commercialization of the technology for two-way communication.
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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