FSO & VLC / Li-Fi Market Size, Share, Statistics, and Industry Growth Analysis Report
In the ever-evolving landscape of wireless communication technologies, Free-Space Optical (FSO) communication and Visible Light Communication (VLC), commonly known as Li-Fi, have emerged as promising solutions, offering high-speed data transmission and secure connectivity. This article delves into the FSO & VLC / Li-Fi market, providing a comprehensive analysis of its size, share, statistics, and the dynamic growth trends shaping the future of optical wireless communication.
FSO & VLC / Li-Fi Market Share and Competitive Landscape:
Key players in the FSO & VLC / Li-Fi market, including companies such as Signify (formerly Philips Lighting), Oledcomm, and Velmenni, are at the forefront of advancing optical wireless communication technologies. The competitive landscape is characterized by ongoing research and development, strategic partnerships, and a race to capture market share. This collaboration between established industry leaders and innovative startups contributes to the vibrancy and competitiveness of the FSO & VLC / Li-Fi market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=946
Global FSO & VLC / Li-Fi Industry Statistics:
Deployment in Urban Areas: Recent statistics indicate a surge in the deployment of FSO and VLC / Li-Fi technologies in urban areas. These technologies address the growing need for high-speed, secure communication in smart cities, offering a viable solution to traditional wireless networks.
Data Transfer Speeds: FSO and VLC / Li-Fi technologies boast impressive data transfer speeds. On average, Li-Fi can achieve speeds of up to XX Gbps, providing an ultra-fast and reliable alternative for data transmission compared to traditional Wi-Fi technologies.
Applications Across Industries: The adoption of FSO and VLC / Li-Fi extends across various industries, including healthcare, aviation, defense, and retail. These technologies are utilized for applications such as indoor positioning, wireless connectivity in hospitals, secure communication in defense, and enhanced customer experience in retail environments.
Integration with IoT: FSO and VLC / Li-Fi are integral components of the Internet of Things (IoT) ecosystem. The technologies offer low-latency, high-bandwidth communication, making them ideal for connecting IoT devices in smart homes, industrial settings, and smart cities.
FSO & VLC / Li-Fi Industry Growth Analysis:
Enhanced Security: FSO and VLC / Li-Fi technologies offer enhanced security features. The use of light as a medium for communication reduces the risk of interference and provides a more secure environment for data transmission, making them suitable for applications where data confidentiality is paramount.
Last-Mile Connectivity Solutions: FSO and VLC / Li-Fi address the challenge of last-mile connectivity, particularly in densely populated urban areas. The technologies offer a cost-effective and scalable solution for extending high-speed internet access to homes and businesses.
Energy Efficiency: One notable advantage of FSO and VLC / Li-Fi is their energy efficiency. As light-based communication technologies, they consume less power compared to traditional radio-frequency-based wireless communication, contributing to sustainability goals and reducing environmental impact.
Global Standardization Efforts: Standardization initiatives are underway to establish global frameworks for FSO and VLC / Li-Fi technologies. Industry organizations and regulatory bodies are working collaboratively to define standards that ensure interoperability and facilitate widespread adoption.
Key players in the FSO & VLC/Li-Fi market include fSONA Networks Corp. (Canada), Wireless Excellence Limited (UK), Signify Holding (formerly Philips Lighting) (Netherlands), Oledcomm (France), Lucibel (France), PureLiFi Limited (UK), Acuity Brands (US), Panasonic Corporation (Japan), Fraunhofer HHI (Germany), and Trimble Hungary ltd. (Hungary), among others.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
No comments: