Press release
Global Free Space Optics Market to grow at a CAGR of 41.42% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global “Free Space Optics” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Free Space Optics
Free space optics (FSO) technology is one of the optical wireless communication technologies. It is a license-free technology and has many features, such as easy installation, high-speed data transmission rate, secure data transfer, and high ROI. FSO uses invisible beams of light to enable optical bandwidth connections. FSO technology is a line-of-sight technology that can transmit up to 2.5 Gbps of data, voice, and video communications instantly through thin air without the use of any physical cable. It uses lasers and photodetectors. FSO enables optical communications at the speed of light.
Technavios analysts forecast the global free space optics market to grow at a CAGR of 41.42% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global free space optics market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Free Space Optics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
fSONA Networks
LightPointe Communications
Wireless Excellence
Other prominent vendors
Plaintree Systems
Trimble Hungary
Market driver
Need for increased network bandwidth
For a full, detailed list, view our report
Market challenge
Dominance of competing technologies
For a full, detailed list, view our report
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Market trend
Commercialization of FSO technology for two-way communication
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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