HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: July 2014
Report Code: SE 2601

 

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Visible Light Communication is the short range optical wireless communication technology used in LEDs for communication and illumination. In VLC, communication and illumination occurs simultaneously. The technology uses transmitter, receiver, modulators and demodulators for communication.

FSO technology works similarly to fiber optic cable communication. Optical fiber communication secures the data and the installation is also easy for the technology, but it requires cable for communication. Whereas, in FSO technology there is no requirement of cable and the cost is also low. APAC is the major market for VLC and FSO technology due to high rate of R&D and the development in the region. The component market for VLC can be divided into transmitter, receiver, modulators and demodulators and others.

The report provides the profile of all major companies and institutes active in the VLC and FSO market. The report also provides the competitive landscapes of key players, which indicates the growth strategy of VLC market. The report also covers the entire value chain for the market from the raw material supplier to the end user. Along with the value chain, this report also provides an in-depth view on the component, application, and geography for Visible Light Communication technology and for FSO technology for which the report gives view on application and geography segments. The market for VLC technology is estimated to reach $9,289.72 million by 2020, at a CAGR of 87.31% from 2014 to 2020.

The report also provides the market dynamics like drivers, restraints, and opportunities. Apart from the market segmentation, the report also includes the critical market data and qualitative information for each product type along with the qualitative analysis, such as the Porter’s five force analysis, value chain analysis, and market crackdown analysis.

The major players contributing in research of the technology are: Bytelight (U.S.), Oldecomm-France LiFi (France), Nakagawa Laboratories (Japan), Outstanding Technology (Japan), Lightepoint Communications (U.S.), andfSONA Networks (Canada) are among others. The market covered under this report has been segmented as follows:

Market by Component:

The component market is segmented into transmitter, receiver, modulators and demodulators. The transmitter market consists of different types of LEDs like: phosphorous LEDs, RGB LEDs, RCLEDs, and OLEDs.

Market by Application:

Visible Light Communication market by Application:

The application market segmented into automotive, healthcare, aerospace, underwater communication and others. The other application includes: smart stores, museums and casinos.

FSO market by Application:

The FSO application market includes terrestrial application, mobile application and satellite application. Terrestrial application is further segmented into enterprise connectivity, healthcare, engineering and design, security, disaster recovery and defense.

Market by Geography:

The Visible Light Communication market and FSO market both are segmented by geography into four different regions namely: Americas, Europe, APAC, and the Rest of world.

Table of Contents 
 
1 Introduction (Page No. - 23)
    1.1 Objectives
    1.2 Report Description
    1.3 Markets Covered
    1.4 Stakeholders
    1.5 Research Methodology
          1.5.1 Market Size
          1.5.2 Key Points Taken From Secondary Sources
          1.5.3 Key Points Taken From Primary Sources
          1.5.4 Assumptions Made FOR This Report
          1.5.5 List of Companies Covered During the Study

2 Executive Summary (Page No. - 36)

3 Cover Story (Page No. - 41)
    3.1 Dr. Nikola Serafimovski, Director- Product Marketing, Purelifi & Dr. Harald Burchardt, Director- Product Management, Purelifi

4 Market Overview (Page No. - 45)
    4.1 Introduction
    4.2 Optical Wireless Communication (OWC) Technology
          4.2.1 Free Space Optics (FSO) Market
                   4.2.1.1 History and Evolution
                               4.2.1.1.1 Irda
                               4.2.1.1.2 Ronja
                                              4.2.1.1.2.1 Ronja Device 
                    4.2.1.2 Working Principle
                    4.2.1.3 Advantages and Limitations of FSO
                    4.2.1.4 Market Dynamics
                                4.2.1.4.1 Drivers
                                              4.2.1.4.1.1 Last Mile Connectivity
                                              4.2.1.4.1.2 No Licensing Required
                                4.2.1.4.2 Restraints
                                               4.2.1.4.2.1 Degradation of Signals Due to Environmental Interference
                                               4.2.1.4.2.2 Challenges of Standardization
                                               4.2.1.4.2.3 High Installation Cost
                                4.2.1.4.3 Opportunities
                                                4.2.1.4.3.1 Affordable Extension in Existing Fiber Network
                                                4.2.1.4.3.2 Alternative Solution of Overburdened RF Connectivity FOR Outdoor Connectivity
                                                4.2.1.4.3.3 Increasing Number of Space Research Programs 
                    4.2.1.5 Burning Issues
                                4.2.1.5.1 Less Reliable Due to Fading of Signals During Propagation
                    4.2.1.6 Winning Imperatives 
                                 4.2.1.6.1 Replacement of Old Wired and Wireless Technology With FSO Technology FOR Enterprise Connectivity
          4.2.2 Visible Light Communication (VLC)/ Light Fidelity (LI-FI) Market
                  4.2.2.1 History and Evolution
                  4.2.2.2 Working Principle
                  4.2.2.3 Market Dynamics
                              4.2.2.3.1 Drivers
                                             4.2.2.3.1.1 Faster and Safer Data Transfer Than Other Competing Technologies
                                             4.2.2.3.1.2 Government Funding and Increased R&D Activities
                                             4.2.2.3.1.3 No Capacity/ Bandwidth Limitation and Less Energy Consumption
                                             4.2.2.3.1.4 Greener, Cleaner, and Safer Technology
                              4.2.2.3.2 Restraints
                                             4.2.2.3.2.1 Lack of Technology Awareness
                                             4.2.2.3.2.2 Competing Technologies
                                             4.2.2.3.2.3 Short Range and Requirement of Direct Los
                              4.2.2.3.3 Opportunities
                                             4.2.2.3.3.1 Penetration of Visible Light Communication in Advanced Applications
                                             4.2.2.3.3.2 Bandwidth Crunch in Wi-Fi Technology
                                             4.2.2.3.3.3 Global Acceptance By the Electronic Devices Manufacturers
                    4.2.2.4 Burning Issues 
                                4.2.2.4.1 Technology Is Confined to the Closed Space
                    4.2.2.5 Winning Imperatives 
                                 4.2.2.5.1 Commercialization of the Technology
    4.3 Value Chain Analysis
    4.4 Porter’s Five FORces Model
          4.4.1 Threat From New Entrants
          4.4.2 Threat From Substitute
          4.4.3 Bargaining Power of Suppliers
          4.4.4 Bargaining Power of Buyers
          4.4.5 Degree of Competition

5 Free Space Optics (FSO) Market (Page No. - 99)
    5.1 Introduction
    5.2 Free Space Optics Market, By Application
          5.2.1 Terrestrial Application
                   5.2.1.1 Enterprise Connectivity
                   5.2.1.2 Healthcare
                   5.2.1.3 Engineering and Design
                   5.2.1.4 Security
                   5.2.1.5 Disaster Recovery
                   5.2.1.6 Defense
                   5.2.1.7 Other Applications
                                5.2.1.7.1 Redundant Link and Disaster Recovery
                                5.2.1.7.2 Storage Area Network
                                5.2.1.7.3 Last Mile Access
                                5.2.1.7.4 Metropolitan Area Network (MAN)
          5.2.2 Mobile Application
                   5.2.2.1 Mobile Carrier Backhaul
          5.2.3 Satellite Application
    5.3 Free Space Optics Market, By Geography
          5.3.1 America
          5.3.2 Europe
          5.3.3 APAC
          5.3.4 ROW

6 Visible Light Communication (VLC)/Light Fidelity (LI-FI) Market, By Component (Page No. - 137)
    6.1 Introduction
    6.2 Transmitter
          6.2.1 Led
                   6.2.1.1 History
                   6.2.1.2 Working
                   6.2.1.3 Phosphorous Leds
                   6.2.1.4 Red Green Blue Leds (RGB LEDS)
                   6.2.1.5 Resonant Cavity Leds (RCLEDS)
                   6.2.1.6 Organic Leds (OLEDS)
                   6.2.1.7 Microlens Leds
    6.3 Receiver
          6.3.1 Photo Diode Receivers
          6.3.2 Ccd and Cmos Sensors
    6.4 Modulators and Demodulators
          6.4.1 Modulation
                   6.4.1.1 Pulse Width Modulation (PWM)
                   6.4.1.2 Pulse Position Modulation (PPM)
                   6.4.1.3 Variable Pulse Position Modulation (VPPM)
                   6.4.1.4 Pulse Amplitude Modulation (PAM)
                   6.4.1.5 Color Shift Keying (CSK)
                   6.4.1.6 Frequency Shift Keying (FSK)
                   6.4.1.7 Orthogonal Frequency Division Multiplex (oFDM)
                   6.4.1.8 Spatial Modulation (SM)
          6.4.2 Demodulation
                   6.4.2.1 Diode Detector
                   6.4.2.2 Synchronous Detector
    6.5 Others
          6.5.1 Interfaces
          6.5.2 Link Management System
          6.5.3 Softwares

7 Visible Light Communication (VLC)/Light Fidelity (LI-FI) Market, By Application (Page No. - 157)
    7.1 Introduction
    7.2 Communication
    7.3 Automotive
          7.3.1 Vehicle-to-Vehicle (V2v) Communication
          7.3.2 Location Based Service (Lbs)
                  7.3.2.1 Navigation
          7.3.3 Intelligent Transportation Systems (ITS)
                  7.3.3.1 Advanced Traffic Management System
                  7.3.3.2 Advanced Traveler Information System
                  7.3.3.3 Vehicle-to-Infrastructure Communications
                  7.3.3.4 Advanced Public Transportation System
    7.4 Healthcare
          7.4.1 Asset Tracking
          7.4.2 Operation Theaters
    7.5 Aerospace
          7.5.1 In-Flight Network Connectivity
    7.6 Underwater Communication
          7.6.1 Flow of Information in Underwater Communication
    7.7 Others
          7.7.1 Smart Stores
          7.7.2 Museums
          7.7.3 Casinos

8 Visible Light Communication (VLC)/Light Fidelity (LI-FI) Market, By Geography (Page No. - 194)
    8.1 Introduction
    8.2 America
    8.3 Europe
    8.4 APAC
    8.5 ROW

9 Competitive Landscape (Page No. - 215)
    9.1 Introduction
          9.1.1 Key Growth Strategies
          9.1.2 Market Share Analysis
    9.2 Competitive Situations and Trends
          9.2.1 New Product Developments
          9.2.2 Agreements, Joint Ventures, and Partnerships
          9.2.3 Awards and Patents

10 Company Profiles (Page No. - 227)
     10.1 Bytelight Inc.
             10.1.1 Company Snapshot
             10.1.2 Product offerings
             10.1.3 Developments
             10.1.4 SWOT Analysis
             10.1.5 MNM View
     10.2 Casio Computer Co. Ltd.
             10.2.1 Company Snapshot
             10.2.2 Product offerings
             10.2.3 Developments
             10.2.4 SWOT Analysis
             10.2.5 MNM View
     10.3 FSOna Networks Corp.
             10.3.1 Company Snapshot
             10.3.2 Product offerings
             10.3.3 Developments
             10.3.4 SWOT Analysis
             10.3.5 MNM View
     10.4 Gallium Lighting LLC
             10.4.1 Company Snapshot
             10.4.2 Product offerings
             10.4.3 Developments
             10.4.4 MNM View
     10.5 Ibsentelecom
             10.5.1 Company Snapshot
             10.5.2 Product offerings
             10.5.3 Developments
             10.5.4 MNM View
     10.6 Lightpointe Communications Inc.
             10.6.1 Company Snapshot
             10.6.2 Product offerings
             10.6.3 Developments
             10.6.4 SWOT Analysis
             10.6.5 MNM View
     10.7 LSA Inc.
             10.7.1 Company Snapshot
             10.7.2 Product offerings
             10.7.3 MNM View
     10.8 LVX System
             10.8.1 Company Snapshot
             10.8.2 Product offerings
             10.8.3 Developments
             10.8.4 MNM View
     10.9 Nakagawa Laboratories Inc.
             10.9.1 Company Snapshot
             10.9.2 Product offerings
             10.9.3 Developments
             10.9.4 MNM View
     10.10 Oledcomm - France Lifi
               10.10.1 Company Snapshot
               10.10.2 Product offerings
               10.10.3 Developments
               10.10.4 MNM View
     10.11 Outstanding Technology Co. Ltd.
               10.11.1 Company Snapshot
               10.11.2 Product offerings
               10.11.3 Developments
               10.11.4 MNM View
     10.12 Purelifi Ltd.
               10.12.1 Company Snapshot
               10.12.2 Product offerings
               10.12.3 Developments
               10.12.4 MNM View
     10.13 Society FOR Optical Communications Systems Ltd.
               10.13.1 Company Snapshot
               10.13.2 Product offerings
               10.13.3 Developments
               10.13.4 MNM View
     10.14 Supreme Architecture Inc.
               10.14.1 Company Snapshot
               10.14.2 Product offerings
               10.14.3 MNM View
     10.15 Wireless Excellence Ltd.
               10.15.1 Company Snapshot
               10.15.2 Product offerings
               10.15.3 Developments
               10.15.4 MNM View


List of Tables (83 Tables)

Table 1 General Assumptions
Table 2 Market Assumptions
Table 3 Visible Light Communication Companies Covered in This Report
Table 4 FSO Companies Covered in This Report
Table 5 Optical Wireless Communication Market Size By Value, 2013 to 2020 ($Million)
Table 6 Irda Standards
Table 7 Ronja Models
Table 8 Fiber Optics Vs FSO
Table 9 Advantages and Limitations of FSO Technology
Table 10 RF Vs FSO FOR Space Programs
Table 11 Power Loss in FSO System Due to Environmental interference
Table 12 Visible Light Communication Vs RF Technology
Table 13 Visible Light Communication  Vs Wi-Fi Technology
Table 14 Free Space Optics (FSO) Market Size By Value, By Application ($Million), 2013-2020
Table 15 Terrestrial Application Market Size By Value ($Million), 2013-2020
Table 16 Terrestrial Applications Market Size By Value, By Geography ($Million), 2013-2020
Table 17 Enterprise Connectivity Application Market Size By Value, By Geography ($Million), 2013-2020
Table 18 Healthcare Application Market Size By Value, By Geography ($Million), 2013-2020
Table 19 Engineering and Design Application Market Size By Value, By Geography ($Million), 2013-2020
Table 20 Security Application Market Size By Value, By Geography ($Million), 2013-2020
Table 21 Disaster Recovery Application Market Size By Value, By Geography ($Million), 2013-2020
Table 22 Defense Application Market Size By Value, By Geography ($Million), 2013-2020
Table 23 Other Application Market Size By Value, By Geography ($Million), 2013-2020
Table 24 Mobile Applications Market Size By Value, By Geography ($Million), 2013-2020
Table 25 Advantages of FSO As Mobile Carrier Backhaul
Table 26 Technologies Used By Mobile Backhaul
Table 27 Satellite Applications Market Size By  Value, By Geography ($Million), 2013-2020
Table 28 Free Space Optics (FSO) Market Size By Value, By Geography ($Million), 2013-2020
Table 29 Americas Market Size By Value, By Application ($Million), 2013-2020
Table 30 Americas' Terrestrial Application Market Size By Value ($Million), 2013-2020
Table 31 Europe Market Size By Value, By Application ($Million), 2013-2020
Table 32 Europe's Terrestrial Application Market Size By Value ($Million), 2013-2020
Table 33 APAC Market Size By Value, By Application ($Million), 2013-2020
Table 34 APAC's Terrestrial Application Market Size By Value ($Million), 2013-2020
Table 35 ROW Market Size By Value, By Application ($Million), 2013-2020
Table 36 ROW's Terrestrial Application Market Size By Value ($Million), 2013-2020
Table 37 Comparison of Leds, Incandescent, and Fluorescent Lamps
Table 38 Characteristics of Phosphorous Led
Table 39 Characteristics of Rgb Leds
Table 40 Characteristics of Rgb Leds
Table 41 Characteristics of Oleds
Table 42 Comparision Between Ccd and Cmos Sensors
Table 43 Visible Light Communication (VLC)/Light Fidelity (LI-FI) Market Size By Value, By Application ($Million), 2013-2020
Table 44 Communication Application Market Size By Value, By Geography ($Million), 2013-2020
Table 45 Automotive Application Market Size By Value ($Million), 2013-2020
Table 46 Automotive Application Market Size By Value, By Geography ($Million), 2013-2020
Table 47 Vehicle-to-Vehicle Communication Application Market Size By Value, By Geography ($Million), 2013-2020
Table 48 Location Based Services Application Market Size By Value, By Geography ($Million), 2013-2020
Table 49 Comparison of Position Detection With Various Technologies
Table 50 Intelligent Transportation System Application Market Size By Value, By Geography ($Million), 2013-2020
Table 51 Healthcare Application Market Size By Value ($Million), 2013-2020
Table 52 Healthcare Application Market Size By Value, By Geography ($Million), 2013-2020
Table 53 Asset Tracking Application Market Size By Value, By Geography ($Million), 2013-2020
Table 54 Operation Theaters Application Market Size By Value, By Geography ($Million), 2013-2020
Table 55 Aerospace Application Market Size By Value, By Geography ($Million), 2013-2020
Table 56 Underwater Communication Application Market Size By Value, By Geography ($Million), 2013-2020
Table 57 Other Application Market Size By Value ($Million), 2013-2020
Table 58 Other Applications Market Size By Value, By Geography ($Million), 2013-2020
Table 59 Smart Stores Application Market Size By Value, By Geography ($Million), 2013-2020
Table 60 Museums Application Market Size By Value, By Geography ($Million), 2013-2020
Table 61 Casinos Application Market Size By Value, By Geography ($Million), 2013-2020
Table 62 Visible Light Communication (VLC)/(Light Fidelity) LI-FI Market Size By Value, By Geography ($Million), 2013-2020
Table 63 Americas Market Size By Value, By Application ($Million), 2013-2020
Table 64 Americas' Automotive Application Market Size By Value ($Million), 2013-2020
Table 65 Americas' Healthcare Application Market Size By Value ($Million), 2013-2020
Table 66 Americas' Other Application Market Size By Value ($Million), 2013-2020
Table 67 Europe Market Size By Value, By Application ($Million), 2013-2020
Table 68 Europe's Automotive Application Market Size By Value ($Million), 2013-2020
Table 69 Europe's Healthcare Application Market Size By Value ($Million), 2013-2020
Table 70 Europe's Other Application Market Size By Value ($Million), 2013-2020
Table 71 APAC Market Size By Value, By Application ($Million), 2013-2020
Table 72 APAC's Automotive Application Market Size By Value ($Million), 2013-2020
Table 73 APAC's Healthcare Application Market Size By Value ($Million), 2013-2020
Table 74 APAC's Other Application Market Size By Value ($Million), 2013-2020
Table 75 ROW Market Size By Value, By Application ($Million), 2013-2020
Table 76 ROW's Automotive Application Market Size By Value ($Million), 2013-2020
Table 77 ROW's Healthcare Application Market Size By Value ($Million), 2013-2020
Table 78 ROW's Other Application Market Size By Value ($Million), 2013-2020
Table 79 Top Players in Visible Light Communication Market
Table 80 Top Players in FSO Market
Table 81 New Product Developments, 2010–2014
Table 82 Agreements, Joint Ventures, and Partnerships, 2011 – 2014
Table 83 Awards and Patents, 2013 – 2014


List of Figures (78 Figures)

Figure 1 Segmentation of FSO Market
Figure 2 Segmentation of Visible Light Communication Market
Figure 3 VLC/LI-FI and FSO Market Research Methodology
Figure 4 Market Size Estimation
Figure 5 Free Space Optics (FSO) Market Size, 2013 to 2020 ($Million)
Figure 6 Visible Light Communication (VLC)/Light Fidelity (LI-FI) Market Size, 2013 to 2020 ($Million)
Figure 7 Market Overview of Visible Light Communication Market
Figure 8 Optical Wireless Communication Technologies Characteristics
Figure 9 Optical Wireless Communication Network
Figure 10 Market Segmentation of FSO Technology
Figure 11 Advancement of FSO Technology
Figure 12 Ronja Device Outlook
Figure 13 FSO Communication Network
Figure 14 Impact Analysis of FSO Market Drivers
Figure 15 Impact Analysis of FSO Market Restraints
Figure 16 Market Segmentation of VLC/LI-FI Technology
Figure 17 VLC/LI-FI Technology Evolution
Figure 18 Working of VLC/LI-FI Technology
Figure 19 Data Flow Process
Figure 20 Impact Analysis of Visible Light Communication Market Drivers
Figure 21 Impact Analysis of Visible Light Communication Market Restraints
Figure 22 Value Chain Analysis of Optical Wireless Communication Market
Figure 23 Porter's Five FORces Impact Analysis of OWC Technology, 2014-2020
Figure 24 Threat From New Entrants, Contributing Parameters Impact Analysis, 2014-2020
Figure 25 Threat From Substitutes, Contributing Parameters Impact Analysis, 2014-2020
Figure 26 Bargaining Power of Suppliers, Contributing Parameters Impact Analysis, 2014-2020
Figure 27 Bargaining Power of Buyers, Contributing Parameters Impact Analysis, 2014-2020
Figure 28 Degree of Competition, Contributing Parameters Impact Analysis, 2014-2020
Figure 29 Segmentation of FSO Market
Figure 30 Free Space Optics (FSO) Market Size, 2013 to 2020 ($Million)
Figure 31 Major Application Areas of FSO Market
Figure 32 Percentage Share of FSO Market, By Application (in 2014 & 2020)
Figure 33 Terrestrial Applications of FSO Market
Figure 34 FSO Communication in Enterprise Connectivity
Figure 35 FSO Network in Healthcare
Figure 36 FSO Market: By Geography
Figure 37 Percentage Share of FSO Market, By Geography (in 2014 & 2020)
Figure 38 Visible Light Communication Market: By Component
Figure 39 Evolution of Led
Figure 40 Working Principle of A Diode
Figure 41 Types of Leds Used FOR VLC/LI-FI Communication Purpose
Figure 42 Working of A Receiver
Figure 43 Types of Receivers Used FOR VLC/LI-FI Communication Purpose
Figure 44 Working of A Photodiode Receiver
Figure 45 Working of Link Management System
Figure 46 Visible Light Communication Market: By Application
Figure 47 Percentage Share of VLC/LI-FI Market, By Application (in 2016 & 2020)
Figure 48 Design and Testing of Wireless Communication Application
Figure 49 Segmentation of Automotive Applications
Figure 50 Illustration of Vehicle to Vehicle Communication
Figure 51 Architecture of Advanced Traffic Management System
Figure 52 Flow of information in Advanced Public  Transportation System
Figure 53 Healthcare Applications of VLC/LI-FI Technology
Figure 54 Information Flow in Underwater Communication
Figure 55 Other Applications of VLC/LI-FI Technology
Figure 56 Visible Light Communication Market: By Geography
Figure 57 Percentage Share of VLC/LI-FI Market, By Geography (in 2016 & 2020)
Figure 58 Competitive Landscape of the VLC/LI-FI and FSO Market
Figure 59 Share of Key Growth Strategies in VLC/LI-FI and FSO Market (2010 –2014)
Figure 60 Bytelight Inc.: Application Segment
Figure 61 Bytelight Inc.: SWOT Analysis
Figure 62 Casio Computer Co. Ltd.: Company Snapshot
Figure 63 Casio Computer Co. Ltd.: Buisness Division
Figure 64 Casio Computer Co. Ltd.: SWOT Analysis
Figure 65 Fsona Networks Corp.: Target Customers
Figure 66 Fsona Networks Corp.: SWOT Analysis
Figure 67 Gallium Lighting LLC: Product Division
Figure 68 Ibsentelecom: Services offered
Figure 69 Lightpointe Communications Inc.: Product offerings
Figure 70 Lightpointe Communications Inc.: SWOT Analysis
Figure 71 LSA Inc.: Product Division
Figure 72 LVX System: Buisness Division
Figure 73 Nakagawa Laboratories Inc.: Products offered
Figure 74 Oledcomm - France Lifi: LI-FI Solutions
Figure 75 Outstanding Technology Co. Ltd.: Products offered
Figure 76 Purelifi Ltd.: Products offered
Figure 77 Society FOR Optical Communications Systems Ltd.: Products offered
Figure 78 Wireless Excellence Limited: Products offered

Visible light communication is the advanced optical wireless technology used to transmit the data through LEDs; however the technology is in its initial phase. VLC, FSO and Li-Fi technology are already replace the other technology like RF. These technologies offer the high band width and eliminate the problem of limited bandwidth. Japan has first introduced the intelligent traffic management system with VLC technology. VLC technology can also implement on other wireless networking technologies like Wi-Fi and 3G among others. The advancement are taking place in technology like in 2010, its systems were able to achieve data rates of 500 Mbps for a short range of 5 meter. With the ongoing R&D, some research institutes were able to achieve transmission rates of 800Mbps for long-range communication. Now the researchers are looking for Gigabit network with the technology.

In the Visible Light Communication market report, communication application accounts for the largest percentage share, followed by automotive application; whereas transmitter and receiver are highest revenue earner in components market and APAC is the leader in VLC market.

The key players of FSO market include: LSA (U.S.), Society for Optical Communications Systems (Germany), Wireless Excellence (U.K.), FSONA Networks (Canada), and LightPointe Communications (U.S.). The major companies involved in the research and development of VLC/Li-Fi technology are LVX System (U.S.), NAKAGAWA Laboratories (Japan), Oledcomm - France LiFi (France), Outstanding Technology (Japan), and Casio Computer (Japan).

Free Space Optics (FSO) Market Size, 2013 to 2020 ($Million)

Visible Light Communication Market

Source: MarketsandMarkets Analysis

Free space optics market size is expected to grow at a CAGR of 44.93% from 2014 to 2020. The FSO technology is commercialized long back; however, according to the current trends, the technology will start penetrating into the market from 2016 with a high growth rate.

Visible Light Communication (VLC)/Light Fidelity (LI-FI) Market Size, 2013 To 2020 ($Million)

Visible Light Communication Market

Source: MarketsandMarkets Analysis

Visible Light Communication (VLC)/ Light Fidelity (Li-Fi) market size is expected to grow with a CAGR of 87.313% from 2014 to 2020. The VLC/Li-Fi technology is still in the research and development phase. However, the commercialization of the technology will start taking place from 2015. Till 2016, the market will enter into almost all the major application areas of Visible Light Communication technology.

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