Visible Light Communication Market to Witness Robust Expansion by 2030

Visible Light Communication Market size is expected to grow, at a CAGR of 17% during the forecast period. The growth of this market can be attributed to factors such as the increasing demand for high-speed and reliable communication, the growing adoption of connected devices, and the rising need for secured communication. Visible Light Communication (VLC) is a cutting-edge technology that utilizes visible light for data transmission, offering a new dimension to communication systems. This emerging field is rapidly gaining traction across various industries due to its unique advantages, including high data transfer rates, security, and the ability to operate in environments where radio frequency (RF) communication may be restricted. In this report, we delve into the Visible Light Communication market, its key components, applications, and the driving forces behind its growth.

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Key Components of Visible Light Communication:

LED Lights as Data Transmitters:

In VLC, LED lights are not only used for illumination but also serve as data transmitters. By modulating the intensity of light at high speeds, information can be encoded and transmitted to receivers equipped with photodetectors.

Photodetectors as Receivers:

Photodetectors, such as photodiodes or image sensors, are employed to capture the modulated light signals. These devices convert the received optical signals into electrical signals, facilitating data reception.

Modulation Techniques:

Various modulation techniques, such as On-Off Keying (OOK) and Continuous Wave (CW) modulation, are utilized to encode data into the light signals. These techniques enable the transmission of binary data through variations in light intensity.

Market Applications:

Indoor Navigation and Positioning:

VLC is being increasingly adopted for indoor positioning and navigation systems. In environments like airports, museums, and shopping malls, VLC helps users navigate accurately and provides location-based services.

Li-Fi Technology:

VLC is a fundamental technology behind Li-Fi (Light Fidelity), a wireless communication technology that uses visible light for high-speed data transmission. Li-Fi offers a secure and efficient alternative to traditional Wi-Fi, especially in areas with RF interference concerns.

Smart Lighting and Home Automation:

VLC is integrated into smart lighting systems, allowing not only efficient illumination but also enabling communication between devices. Home automation applications benefit from VLC's ability to transmit data through existing lighting infrastructure.

Vehicular Communication:

VLC is explored for communication between vehicles and infrastructure (V2I) or between vehicles (V2V). Its low latency and high data rates make it suitable for enhancing communication in intelligent transportation systems.

Healthcare and Industry 4.0:

In healthcare settings, VLC is utilized for patient monitoring, asset tracking, and communication between medical devices. In Industry 4.0, VLC contributes to efficient communication in smart factories and enhances the connectivity of IoT devices.

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Key Players Includes

FSONA Networks
GE
LightPointe Communications
LVX System
Nakagawa Laboratories
Oledcomm
Outstanding Technology
Koninklijke Philips
PureLiFi
Avago Technologies
Axrtek
ByteLight
Casio
IBSENtelecom
Lightbee
Luciom
Panasonic
Plaintree Systems
Renesas Electronics
Supreme Architecture

Segmented by Type

Up to 1Mb/s
Above 1Mb/s

Segmented by Application

Retail Indoor Positioning
Underwater Communication
Hospitality
Automotive And Transport
Connected Devices
In-Flight Communication/Infotainment
Light Based Internet
Others

Visible Light Communication Market research report is the finest medium to attain fact-based data to make smart decision and improve marketing strategies. By adopting key strategies such as acquisitions, mergers, collaborations and novel product launches, establishing and expanding the business is easy. This Visible Light Communication Market study report also permits to take the benefit of strategies which work well and also enables to know more about which market areas competitors are not addressing. It further goes on to talk about how the leading business areas got affected by COVID-19 outbreak. To stand out in the competitive market is easy with this Visible Light Communication Market report. This report is the data collecting process which hugely assists to strengthen the position in the market.

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Market Drivers:

High Data Transfer Rates:

VLC offers significantly higher data transfer rates compared to traditional RF communication technologies, making it appealing for applications demanding fast and reliable data transmission.

Security and Immunity to Interference:

The secure nature of VLC, coupled with its immunity to electromagnetic interference, positions it as a preferred solution in environments where data security is paramount.

Energy Efficiency:

VLC leverages existing lighting infrastructure, contributing to energy-efficient solutions. The dual functionality of lighting and communication in LED installations adds value in terms of energy savings.

Expanding IoT Ecosystem:

As the Internet of Things (IoT) continues to grow, VLC provides a viable communication solution for the increasing number of connected devices, offering a scalable and robust connectivity option.

Conclusion:

The Visible Light Communication market is poised for significant growth, driven by its unique advantages and diverse applications. From revolutionizing indoor navigation to contributing to the development of Li-Fi technology, VLC is illuminating the path towards a more connected and efficient future. As research and development in this field continue, VLC is likely to play a pivotal role in shaping the communication landscape across various industries.

Visible Light Communication Market Report Answers the Following Questions:

• How much revenue will the Visible Light Communication market generate by the end of the forecast period?
• Which market segment is expected to have the maximum market share?
• What are the influencing factors and their impact on the Visible Light Communication market?
• Which regions are currently contributing the maximum share of the overall Visible Light Communication market?
• What indicators are likely to stimulate the Visible Light Communication market?
• What are the main strategies of the major players in the Visible Light Communication market to expand their geographic presence?
• What are the main advances in the Visible Light Communication market?
• How do regulatory standards affect the Visible Light Communication market?

Table of Content

1. Introduction
2. Executive Summary
3. Premium Insights
4. Market Overview
5. Global Visible Light Communication Market, By Segmentations
6. Global Visible Light Communication Market, By Region
7. Global Visible Light Communication Market, Company Landscape
8. SWOT Analysis
9. Company Profile
10. Questionnaire
11. Related Reports

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This release was published on openPR.