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Global Visible Light Communication Market

  • Published Date: 22 Oct 2018
  • Number of Pages: 230
  • Category: Technology
  • Country: Global
Visible light communication (VLC) is a data communications alternate which uses visible light between 400 and 800 THz. Visible light communication is a wireless technology that uses light generated by LED bulbs to provide a network for high-speed communication. This technology is known to be a lot cheaper and more efficient than Wi-Fi. The market for Visible light communication is expected to grow at a CAGR of 64% in the forecasted period of five years.

End-user/Technology

The market for Visible light communication has been growing due to demand for safer and faster wireless technology. With growing new technology reach to youngsters and use of wireless technology for most of them, the market has widened. The target audience for Visible communication market are Raw material and manufacturing equipment suppliers, Electronic design automation (EDA) and design tool vendors, Product manufacturers and suppliers, Component manufacturers, Original equipment manufacturers (OEMs), Integrated device manufacturers (IDMs), Original design manufacturers (ODMs), ODM and OEM technology solution providers, Assembly, testing, and packaging vendors, Technology, service, and solution providers, Intellectual property (IP) core and licensing providers, Suppliers and distributors.

Market Dynamics

The major factor behind the growth of market for visible light communication is availability of high bandwidth. The visible light bandwidth spectrum is wider than that offered by radio frequency. This higher bandwidth helps get higher transfer rates and accommodation of more number of users.

Market Segmentation

The market for Visible light communication market can be segmented into five major segments. These are Indoor Networking, Location based services, underwater communication, intelligent traffic systems and in - flight communication and entertainment. Among these segments, the indoor networking segment has been growing exponentially, with a CAGR of almost 65% in the forecasted period of five years.

Regional/Geographic Analysis

The major regions for Visible Light communication market are America, Europe and Asia Pacific. Among these, America is the largest contributor to VLC market with a CAGR as high as 65% in the forecasted period. It is expected to dominate the industry and hold its position because of expansion of faster wireless technology in this region.

Key Players

The key players of Visible light communication market are fSONA Networks, LightPointe Communications, Nakagawa Laboratories, Oledcomm - France, Outstanding Technology, pureLiFi, Avago Technologies, ByteLight, Casio, LightBee, Lvx System, Panasonic, Philips, and Plaintree Systems.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus
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