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Free Space Optics Communication Market Top Companies to Watch Out: Koninklijke Philips N.V., General Electric, Bytelight, Panasonic Corp
Free-Space-Optics-Communication
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Proliferation of internet usage is one of the major factors driving growth of the global market
Major factors driving growth of the global free space optics market is, increasing internet traffic. Factors such as utilization of high-bandwidth applications, expanding online video content, and rising number of mobile internet users will lead to rise in the global IP traffic during the forecast period. Adoption of smartphones is increasing, which is leading to increasing mobile advertising, including SMS & MMS advertising, mobile web, mobile video & television, and several online advertising channels; and increasing demand for on-demand services such as videos, online messaging
applications, video chat, and voice calls, at anytime and anywhere. These are powerful tools for effective real-time communication.
Global Free Space Optics Communication Market: Regional Insights
The market in Asia Pacific is expected to exhibit the highest CAGR during the forecast period. This growth is attributed to increasing number of internet users in this region along with growing 5G pilot projects in the region. government initiative plays a major role for growth of the 5G infrastructure in Asia Pacific region. For instance, China government is expected initiate commercial rollouts by 2020. With 3,400–3,600 MHz band, the country’s first trials will be conducted in 2020. The 3,300–3,400 MHz, 4,400–4500 MHz, and 4,800–4,990 MHz bands are also under consideration.
Global Free Space Optics Communication Market: Competitive Background
Major players operating in the free space optics communication market are Koninklijke Philips N.V., General Electric Co., Bytelight, Inc., Panasonic Corp., Purelifi Ltd., LVX System, Oledcomm, Lightbee Corp., Outstanding Technology Corp., Ibsentelecom Ltd., and Supreme Architecture Inc.
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Global Free Space Optics Communication Market: Taxonomy
On the basis of components:
• Transmitters
• Receivers
• Modulators
• Demodulators
• Encoders & Decoders
• Others
On basis of application:
• Mobile Backhaul
• Enterprise Connectivity
• Disaster Recovery
• Defense
• Satellite
• Healthcare
• Security
• Engineering and Design
• Others
On basis of region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East
• Africa
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