Market outlook of the visible light communication market Technavio expects the global visible light communication (VLC) market to grow at a very optimistic rate, posting a CAGR of almost 64% during the forecast period. Visible light communication is a wireless technology that uses light emanated by LED bulbs to provide a network for high-speed communication parallel to Wi-Fi. This technology is a faster and cheaper optical version of Wi-Fi. The market growth was predominantly driven by the increasing adoption of visible light communications for indoor networking. One major factor contributing enormously to the growth of the market is the availability of high bandwidth. The bandwidth frequency spectrum offered by visible light is larger than that of radio frequency bandwidth, which ensures the accommodation of more users and thereby, achieving higher transfer rates. Thus, the high bandwidth availability is expected to be the biggest attraction of this technology fuelling growth of the visible light communication market. Segmentation by application and analysis of - indoor networking, location-based services, and underwater communication The indoor networking application has... Research Beam Model: Research Beam Product ID: 383353 2500 USD New
Global Visible Light Communication Market 2015-2019
 

Global Visible Light Communication Market 2015-2019

Global Visible Light Communication Market 2015-2019

Category : Semiconductor and Electronics
Published On : January  2016
Pages : 57

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Market outlook of the visible light communication market
Technavio expects the global visible light communication (VLC) market to grow at a very optimistic rate, posting a CAGR of almost 64% during the forecast period. Visible light communication is a wireless technology that uses light emanated by LED bulbs to provide a network for high-speed communication parallel to Wi-Fi. This technology is a faster and cheaper optical version of Wi-Fi. The market growth was predominantly driven by the increasing adoption of visible light communications for indoor networking.

One major factor contributing enormously to the growth of the market is the availability of high bandwidth. The bandwidth frequency spectrum offered by visible light is larger than that of radio frequency bandwidth, which ensures the accommodation of more users and thereby, achieving higher transfer rates. Thus, the high bandwidth availability is expected to be the biggest attraction of this technology fuelling growth of the visible light communication market.

Segmentation by application and analysis of - indoor networking, location-based services, and underwater communication
The indoor networking application has taken off successfully, and is expected to grow at a CAGR of nearly 65% during the forecast period. The high adoption of this technology, along with indoor position apps, will improve the targeted advertising of retailers and improve their sales. Moreover, major lighting manufacturers such as GE and Philips are showing significant interest on this application, which will further boost this market.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
Indoor networking
Location based services
Underwater communication
In-flight communication and entertainment
Intelligent traffic systems

Geographical segmentation and analysis of - Americas, Europe, and APAC
The Americas is the largest revenue contributor, growing at a CAGR of more than 65%, and is expected to retain its dominance during the forecast period due to the high demand for faster and safer wireless communication in the region.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
Americas
Europe
APAC

Competitive landscape and key vendors - Oledcomm-France, Nakagawa Laboratories, and pureLiFi
The rise of new opportunities in the market such as mobile companies looking to integrate the technology in their smart devices and lighting companies looking to enter the market because of its growth potential is expected to propel the long term growth of the visible light communications market during the forecast period.

The top vendors in the market are -
fSONA Networks
LightPointe Communications
Nakagawa Laboratories
Oledcomm-France
Outstanding Technology
pureLiFi

Other prominent vendors in the market include Avago Technologies, ByteLight, Casio, LightBee, Lvx System, Panasonic, Philips, and Plaintree Systems.

Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the global visible light communication market?
What are the key market trends impacting the growth of the global visible light communication market?
What are the challenges to market growth?
Who are the key vendors in the global visible light communication market?
What are the market opportunities and threats faced by the vendors in the global visible light communication market?
What are the trending factors influencing the market shares of the Americas, Europe, and APAC?
What are the key outcomes of the five forces analysis of the global visible light communication market?

Technavio also offers customization on reports based on specific client requirement.

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PART 01: Executive summary
Highlights

PART 02: Scope of the report
Market overview
Product offerings

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights

PART 05: Market landscape
Industry overview
Market scenario
Market size and forecast
Five forces analysis

PART 06: Market segmentation by application
Indoor networking market using VLC
Location based services market using VLC
Intelligent traffic systems market using VLC
In-flight communication and entertainment market using VLC
Underwater communication using VLC

PART 07: Geographical segmentation
Geography-wise contribution: 2014
Geography-wise contribution: 2019
VLC in Americas
VLC in Europe
VLC in APAC

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
Major vendors
Other prominent vendors

PART 14: Key vendor analysis
fSONA Networks
LightPointe Communications
Nakagawa Laboratories
Oledcomm-France
Outstanding Technology
pureLiFi

PART 15: Key recommendations for vendors/investors

PART 16: Appendix
List of abbreviation

PART 17: Explore Technavio

List of Exhibits
Exhibit 01: Comparison between infrared communication and visible light communication
Exhibit 02: Comparison of RF and VLC
Exhibit 03: Application of VLC
Exhibit 04: Market segmentation
Exhibit 05: Global visible light communication market ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global indoor networking market using visible light communication ($ billions)
Exhibit 08: Location based services market using visible light communication ($ billions)
Exhibit 09: Intelligent traffic systems market using visible light communication ($ billions)
Exhibit 10: In-flight communication and entertainment market using visible light communication ($ billions)
Exhibit 11: Underwater communication market using visible light communication ($ billions)
Exhibit 12: Geography-wise contribution 2014
Exhibit 13: Geography-wise contribution 2019
Exhibit 14: Visible light communication market in Americas ($ billions)
Exhibit 15: Visible light communication market in Europe ($ billions)
Exhibit 16: Visible light communication market in APAC ($ billions)
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: fSONA Networks: Product segmentation
Exhibit 20: LightPointe Communications: Product segmentation
Exhibit 21: Nakagawa Laboratories: Products
Exhibit 22: Oledcomm-France: Solutions
Exhibit 23: Outstanding Technology: Products
Exhibit 24: pureLiFi: Product segmentation

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