Visible Light Communication Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Visible Light Communication Market size is to grow at an annual average of 61% during 2022-2028. Visible light communication is an optical-based wireless communication that transmits visible light over short and long distances. The range of 400-800 THz visible light is the minimum requirement for optical transmission using fluorescent lamps at a rate of 10 Kbit / s. For short-distance transmission, light-emitting diode LEDs are used. Since light is a free source and does not physically harm the device, visible light communication attempts to bypass and eliminate the use of Bluetooth, infrared (IR), WIFI working on RF wave modules, and electromagnetic interference (EMI).

Company Profile

• Panasonic Corp.
• Philips NV.
• Firefly Wireless Network.
• Lucibel, LVX System.
• GE Corp.
• Axrtek

Market Segmentation

By Component

• Light Emitting Diodes
• Photodetectors
• Microcontrollers
• Software and Services

By Transmission Type

• Uni-directional
• Bi-directional

By Application

• Consumer Electronics
• Defense and Security
• Transportation
• Public Infrastructure
• Life Sciences

Scope of the Report

The research study analyzes the Visible Light Communication Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Visible Light Communication Market Report

1. What was the Visible Light Communication Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Visible Light Communication Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Visible Light Communication Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Visible Light Communication Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Visible Light Communication
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Visible Light Communication
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Visible Light Communication Market.