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FSO and VLC/Li-Fi Global Market Report 2024

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    Report

  • 175 Pages
  • June 2024
  • Region: Global
  • The Business Research Company
  • ID: 5980405
The FSO and VLC/Li-Fi market size has grown exponentially in recent years. It will grow from $3.89 billion in 2023 to $5.37 billion in 2024 at a compound annual growth rate (CAGR) of 38.1%. The historical growth can be attributed to increased urbanization, heightened concern over spectrum congestion, growth in energy-efficient technologies, increased investment in research and development, and the expanded utilization of wireless sensors.

The FSO and VLC/Li-Fi market size is expected to see exponential growth in the next few years. It will grow to $19.67 billion in 2028 at a compound annual growth rate (CAGR) of 38.3%. The anticipated growth in the forecast period can be attributed to the widespread expansion of 5G networks, increasing adoption of smart city initiatives, expansion of indoor wireless communication solutions, growing integration of Li-Fi technology in automotive applications, and the rising demand for wireless connectivity solutions. Key trends expected in the forecast period include the adoption of Internet of Things (IoT) technology, the proliferation of 5G networks, advancements in RF technology, and overall technological advancements in the field of wireless communication.

The rising need for fast wireless connectivity is expected to drive the growth of the FSO and VLC or Li-Fi market in the future. Fast wireless connectivity refers to data transmission at high speeds through wireless channels. This increasing demand can be attributed to various factors, such as the rising number of connected devices, the prevalence of bandwidth-intensive applications, and the widespread adoption of remote work practices. Fast wireless connectivity employs free space optics (FSO) for transmitting data through light beams in the open air, while visible light communication (VLC) or Li-Fi uses light-emitting diodes (LEDs) to transmit data through modulated light, offering efficient and secure wireless communication. For instance, in April 2023, according to 5G Americas, a US-based industry trade organization, there were 1.05 billion 5G wireless connections worldwide by the end of 2022, marking a 76% increase from the previous year. By the end of 2027, this number is projected to reach 5.9 billion. Hence, the growing demand for fast wireless connectivity is propelling the expansion of the FSO and VLC or Li-Fi market.

Major companies in the FSO and VLC or Li-Fi market are concentrating on developing advanced technological solutions, such as light antenna modules, to enhance communication efficiency. Light antenna modules are compact devices designed to facilitate wireless communication using light waves, commonly utilized in technologies such as LiFi and VLC. For instance, in February 2023, pureLiFi Ltd., a UK-based technology company, introduced Light Antenna ONE, a LiFi module designed for integration into hardware. This wireless communications antenna, smaller than a US dime, is set to lead LiFi integration into connected devices and smartphones on a large scale. It is optimized for performance, compactness, affordability, and production requirements, enabling smartphone and connected device manufacturers to seamlessly integrate LiFi on a large scale.

In May 2023, Fairbanks Morse LLC, a US-based defense technology company, partnered with pureLiFi Ltd. Through this collaboration, they aim to ensure secure data transmission at sea for improved operational efficiency while also expanding pureLiFi's presence in the U.S. defense market leveraging Fairbanks Morse's industry expertise and customer base. pureLiFi Ltd. is a UK-based LiFi technology company.

Major companies operating in the FSO and VLC/Li-Fi market are Panasonic Corporation, Koninklijke Philips N.V., Signify Holding B.V., Acuity Brands Inc., LightPointe Communications Inc., SLD Laser, Visilink Technologies Inc., fSONA Networks Corporation, pureLiFi Ltd., Plaintree Systems Inc., Lucibel, SkyFiber Inc., Velmenni Research Pvt. Ltd., Infinity Technology Services Inc., Airlinx Communications Inc., VLNComm Inc., Global LiFi Tech Inc., LVX System, Oledcomm, Trimble Inc.

North America was the largest region in the FSO and VLC/Li-Fi market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the FSO and VLC/Li-Fi market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the FSO and VLC/Li-Fi market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Free Space Optics (FSO), also known as optical wireless communication, and Visible Light Communication (VLC) or Light Fidelity (Li-Fi), are communication technologies that leverage light for wireless data transmission, providing high-speed, secure, and energy-efficient communication solutions across various applications and environments. FSO entails transmitting data through free space using optical signals, often in the infrared or visible light spectrum. VLC, or Li-Fi in the context of wireless communication, utilizes visible light emitted by LED bulbs for wireless data transmission.

The key components of FSO and VLC or Li-Fi systems include light-emitting diodes (LEDs), infrared emitters, opto-couplers, and image sensors. LEDs are semiconductor devices that emit light when an electric current passes through them. These technologies support various transmission types such as unidirectional and bidirectional, catering to applications such as intelligent transportation systems (ITS), indoor networking, in-flight entertainment and communication, healthcare, underwater communication, and location-based services.

The FSO and VLC or Li-Fi research report is one of a series of new reports that provides FSO and VLC or Li-Fi market statistics, including the FSO and VLC or Li-Fi industry's global market size, regional shares, competitors with an FSO and VLC or Li-Fi market share, detailed FSO and VLC or Li-Fi market segments, market trends and opportunities, and any further data you may need to thrive in the FSO and VLC or Li-Fi industry. This FSO and VLC or Li-Fi market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The FSO and VLC or Li-Fi market includes revenues earned by entities providing services such as low latency, multipurpose lighting infrastructure, point-to-point communication, and secure communications services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. FSO and VLC/Li-Fi Market Characteristics3. FSO and VLC/Li-Fi Market Trends and Strategies
4. FSO and VLC/Li-Fi Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global FSO and VLC/Li-Fi Market Size and Growth
5.1. Global FSO and VLC/Li-Fi Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global FSO and VLC/Li-Fi Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global FSO and VLC/Li-Fi Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. FSO and VLC/Li-Fi Market Segmentation
6.1. Global FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Light Emitting Diode
  • Infrared Emitters
  • Opto-Couplers
  • Image Sensors
6.2. Global FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Unidirectional
  • Bidirectional
6.3. Global FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Intelligent Transportation Systems (ITS)
  • Indoor Networking
  • in-Flight Entertainment and Communication
  • Health Care and Underwater Communication
  • Location-Based Services
7. FSO and VLC/Li-Fi Market Regional and Country Analysis
7.1. Global FSO and VLC/Li-Fi Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global FSO and VLC/Li-Fi Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific FSO and VLC/Li-Fi Market
8.1. Asia-Pacific FSO and VLC/Li-Fi Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China FSO and VLC/Li-Fi Market
9.1. China FSO and VLC/Li-Fi Market Overview
9.2. China FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India FSO and VLC/Li-Fi Market
10.1. India FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan FSO and VLC/Li-Fi Market
11.1. Japan FSO and VLC/Li-Fi Market Overview
11.2. Japan FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia FSO and VLC/Li-Fi Market
12.1. Australia FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia FSO and VLC/Li-Fi Market
13.1. Indonesia FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea FSO and VLC/Li-Fi Market
14.1. South Korea FSO and VLC/Li-Fi Market Overview
14.2. South Korea FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe FSO and VLC/Li-Fi Market
15.1. Western Europe FSO and VLC/Li-Fi Market Overview
15.2. Western Europe FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK FSO and VLC/Li-Fi Market
16.1. UK FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany FSO and VLC/Li-Fi Market
17.1. Germany FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France FSO and VLC/Li-Fi Market
18.1. France FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy FSO and VLC/Li-Fi Market
19.1. Italy FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain FSO and VLC/Li-Fi Market
20.1. Spain FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe FSO and VLC/Li-Fi Market
21.1. Eastern Europe FSO and VLC/Li-Fi Market Overview
21.2. Eastern Europe FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia FSO and VLC/Li-Fi Market
22.1. Russia FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America FSO and VLC/Li-Fi Market
23.1. North America FSO and VLC/Li-Fi Market Overview
23.2. North America FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA FSO and VLC/Li-Fi Market
24.1. USA FSO and VLC/Li-Fi Market Overview
24.2. USA FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada FSO and VLC/Li-Fi Market
25.1. Canada FSO and VLC/Li-Fi Market Overview
25.2. Canada FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America FSO and VLC/Li-Fi Market
26.1. South America FSO and VLC/Li-Fi Market Overview
26.2. South America FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil FSO and VLC/Li-Fi Market
27.1. Brazil FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East FSO and VLC/Li-Fi Market
28.1. Middle East FSO and VLC/Li-Fi Market Overview
28.2. Middle East FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa FSO and VLC/Li-Fi Market
29.1. Africa FSO and VLC/Li-Fi Market Overview
29.2. Africa FSO and VLC/Li-Fi Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa FSO and VLC/Li-Fi Market, Segmentation by Transmission Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa FSO and VLC/Li-Fi Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. FSO and VLC/Li-Fi Market Competitive Landscape and Company Profiles
30.1. FSO and VLC/Li-Fi Market Competitive Landscape
30.2. FSO and VLC/Li-Fi Market Company Profiles
30.2.1. Panasonic Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Koninklijke Philips N.V.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Signify Holding B.V.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Acuity Brands Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. LightPointe Communications Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. FSO and VLC/Li-Fi Market Other Major and Innovative Companies
31.1. SLD Laser
31.2. Visilink Technologies Inc.
31.3. fSONA Networks Corporation
31.4. pureLiFi Ltd.
31.5. Plaintree Systems Inc.
31.6. Lucibel
31.7. SkyFiber Inc.
31.8. Velmenni Research Pvt. Ltd.
31.9. Infinity Technology Services Inc.
31.10. Airlinx Communications Inc.
31.11. VLNComm Inc.
31.12. Global LiFi Tech Inc.
31.13. LVX System
31.14. Oledcomm
31.15. Trimble Inc.
32. Global FSO and VLC/Li-Fi Market Competitive Benchmarking33. Global FSO and VLC/Li-Fi Market Competitive Dashboard34. Key Mergers and Acquisitions in the FSO and VLC/Li-Fi Market
35. FSO and VLC/Li-Fi Market Future Outlook and Potential Analysis
35.1 FSO and VLC/Li-Fi Market in 2028 - Countries Offering Most New Opportunities
35.2 FSO and VLC/Li-Fi Market in 2028 - Segments Offering Most New Opportunities
35.3 FSO and VLC/Li-Fi Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

FSO and VLC/Li-Fi Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on FSO and VLC/Li-Fi market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for FSO and VLC/Li-Fi ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The FSO and VLC/Li-Fi market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) by Component: Light Emitting Diode; Infrared Emitters; Opto-Couplers; Image Sensors
2) by Transmission Type: Unidirectional; Bidirectional
3) by Application: Intelligent Transportation Systems (ITS); Indoor Networking; in-Flight Entertainment and Communication; Health Care and Underwater Communication; Location-Based Services

Key Companies Mentioned: Panasonic Corporation; Koninklijke Philips N.V.; Signify Holding B.V.; Acuity Brands Inc.; LightPointe Communications Inc.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Panasonic Corporation
  • Koninklijke Philips N.V.
  • Signify Holding B.V.
  • Acuity Brands Inc.
  • LightPointe Communications Inc.
  • SLD Laser
  • Visilink Technologies Inc.
  • fSONA Networks Corporation
  • pureLiFi Ltd.
  • Plaintree Systems Inc.
  • Lucibel
  • SkyFiber Inc.
  • Velmenni Research Pvt. Ltd.
  • Infinity Technology Services Inc.
  • Airlinx Communications Inc.
  • VLNComm Inc.
  • Global LiFi Tech Inc.
  • LVX System
  • Oledcomm
  • Trimble Inc.

Methodology

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Table Information