Global Visible Light Communication (VLC)/Li-Fi Technology Market worth $6,138.02 Million by 2018

Global Visible Light Communication (VLC)/Li-Fi Technology Market worth $6,138.02 Million by 2018

DALLAS, January 10, 2013 /PRNewswire/ --



According to a new market research report "Global Visible Light Communication(VLC
)/Li-Fi Technology & Free Space Optics (FSO) Market (2013-2018) - By Component,
Application (Intelligent Traffic Management Systems, Indoor Networking, In-flight
Entertainment, Underwater Communication, Location Based Service) & Geography" , published
by MarketsandMarkets (http://www.marketsandmarkets.com), Visible Light Communication
(VLC)/Li-Fi Technology market is expected to reach $6,138.02 million by 2018 with an
estimated CAGR of 82% from 2013 to 2018 and FSO technology market $2,965.82 million by
2018 with an estimated CAGR of 29.3% from 2013 to 2018.



Browse 91 tables and 35 figures/charts spread through 250 pages combined with an
in-depth TOC on "Visible Light Communication (VLC)/Li-Fi Technology & Free Space Optics
(FSO) Market (2013-2018) -By Component, Application (Intelligent Traffic Management
Systems, Indoor Networking, In-flight Entertainment, Underwater Communication, Location
Based Service) & Geography".
http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html
Early buyers will receive 10% customization on reports.



VLC/Li-Fi is presently the buzzword in the communication (internet) industry. Optical
wireless communication networks like VLC/Li-Fi and FSO are going to be introduced in the
market as complementary technologies for Wi-Fi, Bluetooth, wimax etc. VLC/Li-Fi uses
visible light as a medium of communication, whereas FSO uses IR spectrum. It provides high
speed and secure communication as compared to Wi-Fi, Bluetooth or wimax which use RF band
for communication. With the bandwidth crunch caused by increased data usage, network
providers are turning to alternatives like VLC/Li-Fi and FSO to relieve the internet
traffic.



Last mile connectivity and high speed network speed are important drivers of the
VLC/Li-Fi market. Growth in the LED industry is expected to boost the Visible Light
Communication Market
[http://www.marketsandmarkets.com/Market-Reports/visible-light-communication-market-946.html ]
. Low reliability and high installation costs are expected to the major threats for the
VLC market. Along with market dynamics like drivers, restraints, and opportunities, the
report also gives insight to the various market parameters such as value chain analysis,
and the recent market activity by the leading players for sustainability. Market activity
includes mergers, acquisitions, new product developments, collaborations, joint ventures
and partnerships by the players in the market.



VLC technology market covers revenues and forecast of VLC/Li-Fi components, major
applications that are expected to be commercialized in next 2 years, and FSO applications.
VLC/Li-Fi components include LED, infrared emitters, opto-couplers and image sensors. VLC
applications covered in this report include intelligent traffic management system, indoor
communication, in-flight entertainment, underwater communication and location based
services. There are prospective future applications of VLC, which are in the development
stage; they are M2M communications, smart city, WSN and ubiquitous computing etc. FSO
applications include enterprise communications, mobile carrier backhaul and military &
aerospace.



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