"Global Visible Light Communication Market 2015-2019" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Sun Jan 24 2016


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.

Full Report Details at
- http://www.fastmr.com/prod/1113888_global_visible_light.aspx?afid=301

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

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- North American Visible Light Communication Technology Market - Analysis and Forecast to 2019
- Free Space Optics (FSO) and Visible Light Communication (VLC) Market - Global forecast to 2020
- Adaptive Optics Market - Global Forecast to 2020
- Communication Test and Measurement Market Test Solutions - Global Forecast to 2020
- Air Traffic Control Equipment Market - Global Analysis and Forecast 2020

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »