FSO and VLC markets have also been broadly classified on the basis of geography into the Americas, Europe, Asia-Pacific, and Rest of the World
The market for FSO is in the growth phase, while the market for VLC is currently in the introductory phase. Both the markets are expected to grow rapidly during the forecast period. The FSO market is expected to grow from USD 116.7 million in 2015 to USD 940.2 million by 2020, at a CAGR of 51.8% between 2015 and 2020. The VLC market is expected to grow from USD 327.8 million in 2015 to USD 8.50 billion...
Challenges and Opportunities in Visible Light Communication Market
The global visible light communication market is expected to reach to new heights in terms of growth, opportunities and reach. Visible light communication or VLC is a medium of data communication that uses visible light to send and receive data. This visible light has the frequency of around 800 THz (375 nm) and 400 THz (780 nm). This is the same technology, which is used in fluorescent lamps. VLC...
Visible Light Communication Market
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...