Global FSO and VLC / Li-Fi Market Research Report on Growth, Share, Value, Size, and Analysis

Free space optics (FSO) is a wireless communication technology for the transmission of data over short distances. It uses laser beams to transmit data. It is ideal for short-distance communication, generally within 2km. Visible Light Communication (VLC) and Light Fidelity (Li-Fi) is a form of free space technology that uses visible light to transmit data. Light-emitting diodes are used to transmit data over short distances. Visible light communication is comparatively faster and more secure than Wi-Fi. Visible light communication is used for various applications such as security systems, gaming, and streaming media. The difference between Li-Fi and VLC is that VLC has unidirectional, point-to-point light communication at low data rates. Li-Fi technology enables fully networked, bidirectional, and high-speed wireless communication. The amount of electricity to operate is less compared to Wi-Fi, making it an energy-efficient solution.

The Global FSO and VLC / Li-Fi Market is Valued USD 3.3 billion in 2024 and projected to reach USD 69.7 billion by 2032, growing at a CAGR of 40.1% During the Forecast period of 2024-2032.

Request for Free Sample Copy of this report at:
https://www.marketdigits.com/request/sample/683

The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.

Top companies covered in this report: fSONA Networks Corp., Wireless Excellence Limited, Signify Holding, Oledcomm, Lucibel, pureLiFi Limited, Acuity Brands, Panasonic, Fraunhofer HHI, Trimble Hungary, Jsc Mostcom Lvx System, Nextlifi, Infinity Technology Services, and Airlinx Communications, Inc. and others.

Recent Development:

In August 2023, Signify Holding (Netherlands) announced the opening of a new LED lighting manufacturing site in China. The new factory was established by Signify's joint venture company, Zhejiang Klite Lighting Holdings Co., Ltd (Klite). This facility, spanning 200,000 square meters, houses 192 production lines. It manufactures high-quality branded LED lighting products, including those under the Philips brand, for both the Chinese and global markets.

In February 2022, pureLiFi demonstrated the next generation of connectivity for the home at the Mobile World Congress (MWC) in Barcelona. The ground-breaking demonstration featured the world's first Li-Fi ecosystem for the consumer market. The LiFi@Home family of Li-Fi connected experiences consists of a consumer-style downlighter, a smartphone, a smart TV, and an AR Headset, all connected by Li-Fi. The LiFi@Home system is powered by an easy-to-install power line communication (PLC) network backhaul that uses existing electrical cabling to connect everything to the Internet.

Global FSO and VLC / Li-Fi Market Segmentation:

By FSO Component
Transmitter
Receiver
Modulator and Demodulator

By FSO Application
Mobile Backhaul
Enterprise Connectivity
Disaster Recovery
Defence
Satellite
Healthcare
Security
Engineering and Design
Others

By FSO Vertical
IT and Telecommunication
Aerospace and Defence
Consumer Electronics
Automotive
Others

By Transmission Type
Unidirectional
Bidirectional

By VLC Component
LED
Photodetector
Microcontroller
Software

By VLC 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
Logistics

Browse Full Report at
https://www.marketdigits.com/fso-and-vlc-li-fi-market-1689749084

Regional Analysis

North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)

**We Do Offer Sample of this report. Kindly go through the follow information in order to access the report.

Important Features of the reports:

- Detailed analysis of the Global FSO and VLC / Li-Fi Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Global FSO and VLC / Li-Fi Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Global FSO and VLC / Li-Fi Market performance.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Global FSO and VLC / Li-Fi Market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Global FSO and VLC / Li-Fi Market

How big will the market and growth rate be in 2032?

What are the key drivers for the global Global FSO and VLC / Li-Fi Market?
What are the major market trends influencing the growth of the global Global FSO and VLC / Li-Fi Market?
What are the challenges for market growth?
Who are the key vendors in the global Global FSO and VLC / Li-Fi Market?
What market opportunities and threats are vendors facing in the global Global FSO and VLC / Li-Fi Market?
What are the main findings of the five forces analysis of the global Global FSO and VLC / Li-Fi Market?

Conclusion: At the end of the Global FSO and VLC / Li-Fi Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segmental analysis is also provided in terms of type and application.

About Us

Founded in 2015, MarketDigits Consulting & Advisory Pvt Ltd is a leading business research and consulting firm. Our mission is to empower clients by identifying emerging opportunities and driving revenue growth across industries. We specialize in providing comprehensive market insights, advanced technology solutions, and actionable strategies that support operational and strategic decision-making.

With a focus on the full value chain, our expert team delivers high-quality syndicate research reports, proprietary databases, and consulting services to help clients navigate today's competitive and dynamic business environment. At MarketDigits, we use advanced analysis to uncover profitable opportunities, enabling businesses to make smart decisions and achieve sustainable success.

Contact Us:

+1 510-730-3200 | +1 276-206-2055

sales@marketdigits.com

1248 CarMia Way Richmond

VA 23235, United States

This release was published on openPR.