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Visible Light Communication (VLC)/Light Fidelity (Li-Fi) & Free Space Optics (FSO) Market Worth $9,289.72 Million by 2020


News provided by

MarketsandMarkets

23 Jul, 2014, 15:30 GMT

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DALLAS, July 23, 2014 /PRNewswire/ --

According to new market research report "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", published by MarketsandMarkets,  the global VLC market and FSO market is expected to grow at CAGR of 87.31% and 44.93% respectively from 2014 to 2020, which includes an in-depth analysis of the market by component product, application and geography.

Browse 83 market data Tables, 78 Figures spread through 250 Pages and in-depth TOC on "Visible Light Communication (VLC)/Light Fidelity (Li-Fi) & Free Space Optics (FSO) Market".

http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html

Early buyers will receive 10% customization on this report. 

The VLC and FSO market is expected to grow at a high rate, both technologies hold a great potential in terms of cost and application across the industry. The VLC technology used in many applications, like communication, automotive, and underwater communication due to low installation cost and research and development. The communication application holds the highest share in VLC application market. Thus, it shows that the communication application with respect to VLC technology has a great potential to increase over a period of time.

This report describes the market trends, drivers, and challenges with respect to the global Visible Light Communication and Free Space Optics Market, and forecasts the market from 2014 to 2020, on the basis of the component, applications and geography. This global report gives a detailed view of the market across geographies, namely, the Americas Europe, Asia-Pacific, and RoW. APAC dominates the market in terms of revenue generation. The research and development taking place in APAC region are attracting the key players towards the technology.

The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches and large scale collaborations, and agreements and partnerships across the value chain, with a number of tier-one players around the globe.

Inquiry before buying @http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=946

The major players in VLC and FSO market are Bytelight (U.S.), Oldecomm-France LiFi (France), Nakagawa Laboratories (Japan), Outstanding Technology (Japan), Lightepoint Communications (U.S.), and fSONA Networks (Canada) are among others.

Browse Related Reports 

Intelligent Transportation Systems Market by Component, Application, System (ATMS, ATIS, ITS- Enabled Transportation, Pricing System, APTS and CVO), by Component, Application and Geography (Americas, Europe, APAC, ROW) Analysis and Forecast to 2014 - 2020

http://www.marketsandmarkets.com/Market-Reports/intelligent-transport-systems-its-market-764.html

Smart Homes Market - by Products (Security, Access, Lighting, Entertainment, Energy Management Systems, HVAC, Ballast & Battery Pack), Services (Installation & Repair, Renovation & Customization) and Geography - Analysis & Global Forecast (2013 - 2020)

http://www.marketsandmarkets.com/Market-Reports/smart-homes-and-assisted-living-advanced-technologie-and-global-market-121.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductors and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
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Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors  

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