Free space optics (fso) and visible light communication (vlc) light fidelity (li fi) market

Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market Business Model Analysis 2020-2027 Better Ideas...Better Solutions !!

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Free Space Optics (FSO) and Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market Size 2020-2027

North America

Europe Asia Pacific

Middle East and Africa Latin America

Market Size 2019

Market Size 2027

CAGR

FSO- USD 0.38 Bn VLC/Li-Fi - USD 8.74 Bn

FSO- USD 4.99 Bn VLC- USD 2,488.11 Bn

4.3%

Leading Region

Europe

Last mile connectivity, minimal energy usage by LEDs, safer and faster data transfer compared to other comparative technologies and other alternate solutions to overburdened RF technology for outdoor networking are some of the factors that drive the growth of this market.

Market Overview:

Also, the worldwide demand for Li-Fi technology to provide safe communications with high data capacity is growing, and numerous applications, such as security and commercial, consumer electronics and healthcare are generating a robust demand for FSO/LiFi for productive industrial operations in the midst of COVID-19.

Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.

Market Drivers, Restraint, Opportunities: Market Drivers

Market Restraint

Drivers for the FSO market:

Restraint for the FSO market:

• Last Mile connectivity

• High installation price for FSO solutions

• Alternative solution to the overburdened RF technology for outdoor networking Drivers for the VLC market: • Less energy consumption by LEDs • Faster and safer data transfer than other challenging technologies

Restraint for the VLC market: • Applicable only for short-range communication applications and requirement of direct LoS

Market Opportunities Opportunities for the FSO market: • Increase in adoption of FSO in place of RF communication Opportunities for the VLC market: • High emergence of new applications such as IoT and 5G

By VLC Application

Market Segmentation All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing subsegments and the factors responsible for the same are studied and are mentioned in the report.

By VLC Component

By FSO Application

By FSO Component

Communication (VLC)/Light Fidelity (Li-Fi) Market Segmentation Analysis 01

By FSO Component: Modulator and Demodulator, Receiver, Transmitter

02

By FSO Application: Healthcare, Defense, Mobile Backhaul, Enterprise Connectivity, Satellite, Disaster Recovery, Engineering and Design, Security

03 04

By VLC Component: Photodetector, LED, Software, Microcontroller

By regional North America, Europe, Asia Pacific, Latin America Middle East and Africa

Key Features of the Report Market structure:

Overview, industry life cycle analysis, supply chain analysis Market environment analysis:

Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis Competitive landscape and dynamics:

Market share, product portfolio, product launches, etc.

Key Player Analysis

Company Share & Revenue, Strategy, Product Portfolio

Key Players Analysis

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