Press release
New Technology Developments in Visible Light Communication Market to Grow during Forecast year 2020-2025
The unprecedented spread of Corona virus (COVID-19) among the world's major economies has become a major concern for both import and export activities. The Global Visible Light Communication market report provides effective strategies that stabilize different business activities.
In contrast to traditional wireless technologies, such as Wi-Fi, Bluetooth, Worldwide Interoperability for Microwave Connectivity (WiMAX), and so on, which use radio waves for communication, data transmission is more reliable and achieves high data rates. Light waves cannot pass into walls; they can therefore not be misused and captured. With VLC technology, a networking speed of 100 Mbps can be easily achieved using LEDs. However, in order to compete with current communication technologies, VLC must distinguish itself by having a download rate of 1 Gbps or more compared to other wireless communication technologies. Parallel data transmission from a series of LEDs can be accomplished. Unlike RF, VLC technology is greener, cleaner, and safer because, as well as biologically safe, it creates no dangerous emissions. In addition, VLC technology has no interference, which means that electromagnetic interference is not created as provided by RF systems.
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Market Segmentation:
The market segmentation is as follows in by component, transmission type, application. The authors of the study discuss both the developed and developing regions in detail.
By Component
LED
Photo detector
Microcontroller
Software
By Transmission Type
Unidirectional
Bidirectional
By Application
Smart Store
Street Light
Consumer Electronics
Residential
Commercial
Defense and Security
Vehicle and Transportation
Vehicle-to-Vehicle (V2V) Communication
Location-based Service (LBS)
Intelligent Transportation System (ITS)
Aviation
Hospital
Asset Tracking
Patient Tracking
Data Monitoring
Underwater Communication
Hazardous Environment
Others
Museum
Digital Signage
Hotel and Casino
Logistics
Regional segment analysis describes regional volume of production, volume of consumption, revenue and rate of growth from 2020-2025 covering North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa)
The report covers the existing market size of the Visible Light Communication market and its growth rate based on records of Main Players:
PureLifi Ltd.
Velmenni
Visilink
Oledcomm
Ibsentelecom Ltd.
Lightbee Corp.
ByteLight Inc.
Axrtek
Qualcomm Inc.
Other Major & Niche Players
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The global Visible Light Communication Market report highlights are as follows:
The analysis offers key insights into the production trends of the goods produced, the revenue generated, and the business profile among others.
The report highlights the global market share held by each organization for Visible Light Communication and their respective gross margins.
In addition, the study provides a company overview, revenue share, SWOT analysis of the leading players in the industry and Porter's five forces analysis including potential entrants, industry competitors, suppliers, substitutes, and buyers.
The report examines the dynamics, prospects, emerging industries, and recent plans and policies of the Visible Light Communication Market.
Key features covered in the report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2025
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Visible Light Communication Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
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