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Free Space Optics Communication Market Top Manufacturers 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 Suprem
Free space optics is an optical communication technology, which is responsible for transmitting light beams in free space for broadband communications. This optical communication technology offers various advantages including, high-speed data transmission rate, installation, and protected data transfer. The technology is utilized in deep-space probes, satellite links, for aircraft communication as well as for communication in UAVs and remote areas.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐ @ https://www.coherentmarketinsights.com/insight/request-pdf/1558
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.
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. Hence, increasing demand for real-time communication will proportionately increase demand for free space optics 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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.coherentmarketinsights.com/insight/request-sample/1558
Global Free Space Optics Communication Market: Taxonomy
On the basis of components:
โข Transmitters
โข Receivers
โข Modulators
โข Demodulators
โข Encoders & Decoders
โข Others
On basis of application:
โข Mobile Backhaul
โข Enterprise Connectivity
โข Disaster Recovery
โข Defense
โข Satellite
โข Healthcare
โข Security
โข Engineering and Design
โข Others
On basis of region:
โข North America
โข Europe
โข Asia-Pacific
โข Latin America
โข Middle East
โข Africa
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/insight/request-customization/1558
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