FSO & VLC/Li-Fi Market by Component (Light Emitting Diode, Microcontroller, Photo Detector), Transmission Type (Bidirectional Transmission, Unidirectional Transmission), Application - Global Forecast 2024-2030

FSO & VLC/Li-Fi Market by Component (Light Emitting Diode, Microcontroller, Photo Detector), Transmission Type (Bidirectional Transmission, Unidirectional Transmission), Application - Global Forecast 2024-2030


The FSO & VLC/Li-Fi Market size was estimated at USD 4.25 billion in 2023 and expected to reach USD 5.75 billion in 2024, at a CAGR 38.18% to reach USD 40.96 billion by 2030.

Free space optical (FSO) and visible light communication (VLC/Li-Fi) wireless communication is a viable technology for connecting the gap in existing high data rate fiber networks and as a temporary backbone for rapidly deployable mobile communication infrastructure. The worldwide demand for larger bandwidth and greater mobility has enabled rapid advancement in broadband wireless communications. Research showed that only ~65% of the global demand for digital connections till 2030 would be met by existing radio frequency and related technologies, even with upgrades such as 5G and Wi-Fi. Moreover, the onset of COVID-19 has expanded the need for faster internet connections as enterprises accelerated the digitalization of their operations. Research institutes, schools, and corporate offices are increasingly implementing FSO & VLC/Li-Fi systems to offer students secure and seamless internet connectivity. On the other hand, technological restrictions on technology modulation are interfering with connection stability and speed. Security vulnerabilities with FSO and VLC/Li-Fi communications are also high, adversely affecting their adoption. However, Li-Fi technology integration in an Industry 4.0 and smart manufacturing environment and implementation of Li-Fi technologies by government and military authorities are fueling the market growth.

Regional Insights

Americas represents a highly developing landscape characterized by the rapid expansion of manufacturing outlets and the prevalence of strong telecom infrastructure. Favorable government initiatives and investments in the telecommunication sector have promoted the usage of FSO & VLC/Li-Fi in the Asia-Pacific region. In 2021, the Government of South Korea aimed to create 1,800 companies specializing in new 5G services within the next five years. As per the Global System for Mobile Communication (GSM) Association, the 5G penetration is expected to reach 51% in Mainland China, 64% in Hong Kong, 56% in Taiwan, 11% in Indonesia, 59% in Australia, 68% in Japan, 57% in Singapore, and 73% in South Korea by 2025. Increased investment and raised research & development (R&D) by native market players in EMEA to design and develop new FSO & VLC/Li-Fi applications and technical utilities is expected to expand the growth of the market in Europe. In November 2022, Fraunhofer IPMS developed a LiFi transceiver called Li-Fi GigaDock technology that guarantees data transfer between the components and is integrated into the iBOSS GmbH interface and International Space Station.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the FSO & VLC/Li-Fi Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the FSO & VLC/Li-Fi Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the FSO & VLC/Li-Fi Market, highlighting leading vendors and their innovative profiles. These include Acervo Lima, Acuity Brands, Inc., aeroLiFi GmbH, Airlinx Communications, Inc., CACI International Inc., Casio Computer Co., Ltd., Consolite Technology, EC System, Firefly Networks Ltd., Fraunhofer HHI, fSONA Networks Corp., General Electric Company, Global LiFi Tech, HAVR, Huawei Technologies Co., Ltd., Iberdrola, S.A., Infinity Technology Services, Irnas D.O.O., LiFi.nl, LiFiComm Tech, LIFX, Lightbee, Lucibel SA, LumEfficient, LLC, LVX System Corp., MaxLinear, Mostcom JSC, Nav Wireless Technologies Pvt. Ltd., NextLiFi, Oledcomm SAS, Panasonic Corporation, Plaintree Systems, PureLiFi Limited, Qualcomm Technologies, Inc., Renesas Electronics Corporation, Samsung Electronics Co., Ltd., Schnell Lifi GmbH, Signify Holding, Slux, Trimble Hungary Kft, Velmenni, VLNComm, Wipro Limited, Wireless Excellence Limited, and ZERO1 LiFi.

Market Segmentation & Coverage

This research report categorizes the FSO & VLC/Li-Fi Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Light Emitting Diode
Micro Lens LEDs
Near-Infrared Or Ultraviolet LEDs
Organic LEDs
Phosphorus LEDs
Red Green Blue LEDs
Resonant Cavity LEDs

Microcontroller

Photo Detector
Image Sensor
Photodiode
Transmission Type
Bidirectional Transmission

Unidirectional Transmission
Application
Aviation

Consumer Electronics

Defense & Security

Hospital

Smart Store

Underwater Communication

Vehicle & Transportation
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the FSO & VLC/Li-Fi Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the FSO & VLC/Li-Fi Market?
3. What are the technology trends and regulatory frameworks in the FSO & VLC/Li-Fi Market?
4. What is the market share of the leading vendors in the FSO & VLC/Li-Fi Market?
5. Which modes and strategic moves are suitable for entering the FSO & VLC/Li-Fi Market?PDF E-mail From Publisher (2-5)Users License


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. FSO & VLC/Li-Fi Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing need for high-speed wireless connectivity and global inclination toward connected devices
5.1.1.2. Deployment of Li-Fi technologies by government and military authorities
5.1.1.3. Integration of LiFi Technology in an Industry 4.0 and smart manufacturing
5.1.2. Restraints
5.1.2.1. Technical limitations regarding technology modulation disturbing the stability and speed of connections
5.1.3. Opportunities
5.1.3.1. Research and advancements in FSO & VLC/Li-Fi primarily focused on bi-directional Li-Fi system, AI, IoT, and Big data
5.1.3.2. Emergence of Li-Fi technologies in space and transportation sectors with adequate investments
5.1.4. Challenges
5.1.4.1. Possibilities of security compromise with FSO & VLC/Li-Fi communications
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. FSO & VLC/Li-Fi Market, by Component
6.1. Introduction
6.2. Light Emitting Diode
6.3.1. Micro Lens LEDs
6.3.2. Near-Infrared Or Ultraviolet LEDs
6.3.3. Organic LEDs
6.3.4. Phosphorus LEDs
6.3.5. Red Green Blue LEDs
6.3.6. Resonant Cavity LEDs
6.3. Microcontroller
6.4. Photo Detector
6.5.1. Image Sensor
6.5.2. Photodiode
7. FSO & VLC/Li-Fi Market, by Transmission Type
7.1. Introduction
7.2. Bidirectional Transmission
7.3. Unidirectional Transmission
8. FSO & VLC/Li-Fi Market, by Application
8.1. Introduction
8.2. Aviation
8.3. Consumer Electronics
8.4. Defense & Security
8.5. Hospital
8.6. Smart Store
8.7. Underwater Communication
8.8. Vehicle & Transportation
9. Americas FSO & VLC/Li-Fi Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific FSO & VLC/Li-Fi Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa FSO & VLC/Li-Fi Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Agreement, Collaboration, & Partnership
12.3.1.1. IIT Guwahati transfers free-space optical communication technology to telecom industry
12.3.1.2. TriCIS Announced A New Technology Solutions Partnership Agreement With Signify
12.3.2. New Product Launch & Enhancement
12.3.2.1. Lucibel Announces The 3rd Generation of Their Li Fi Products, The “Lucipanel”
12.3.2.2. pureLiFi Introduces its Latest LiFi Light Antenna Module at MWC Barcelona 2023
12.3.2.3. qBeam Launches Innovative Free Space Optical Communications Modem
12.3.3. Investment & Funding
12.3.3.1. pureLiFi Get £10m to Develop Wi-Fi Style Visible Light Networks
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Acervo Lima
13.1.2. Acuity Brands, Inc.
13.1.3. aeroLiFi GmbH
13.1.4. Airlinx Communications, Inc.
13.1.5. CACI International Inc.
13.1.6. Casio Computer Co., Ltd.
13.1.7. Consolite Technology
13.1.8. EC System
13.1.9. Firefly Networks Ltd.
13.1.10. Fraunhofer HHI
13.1.11. fSONA Networks Corp.
13.1.12. General Electric Company
13.1.13. Global LiFi Tech
13.1.14. HAVR
13.1.15. Huawei Technologies Co., Ltd.
13.1.16. Iberdrola, S.A.
13.1.17. Infinity Technology Services
13.1.18. Irnas D.O.O.
13.1.19. LiFi.nl
13.1.20. LiFiComm Tech
13.1.21. LIFX
13.1.22. Lightbee
13.1.23. Lucibel SA
13.1.24. LumEfficient, LLC
13.1.25. LVX System Corp.
13.1.26. MaxLinear
13.1.27. Mostcom JSC
13.1.28. Nav Wireless Technologies Pvt. Ltd.
13.1.29. NextLiFi
13.1.30. Oledcomm SAS
13.1.31. Panasonic Corporation
13.1.32. Plaintree Systems
13.1.33. PureLiFi Limited
13.1.34. Qualcomm Technologies, Inc.
13.1.35. Renesas Electronics Corporation
13.1.36. Samsung Electronics Co., Ltd.
13.1.37. Schnell Lifi GmbH
13.1.38. Signify Holding
13.1.39. Slux
13.1.40. Trimble Hungary Kft
13.1.41. Velmenni
13.1.42. VLNComm
13.1.43. Wipro Limited
13.1.44. Wireless Excellence Limited
13.1.45. ZERO1 LiFi
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. FSO & VLC/LI-FI MARKET RESEARCH PROCESS
FIGURE 2. FSO & VLC/LI-FI MARKET SIZE, 2023 VS 2030
FIGURE 3. FSO & VLC/LI-FI MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FSO & VLC/LI-FI MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FSO & VLC/LI-FI MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FSO & VLC/LI-FI MARKET DYNAMICS
FIGURE 7. FSO & VLC/LI-FI MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. FSO & VLC/LI-FI MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FSO & VLC/LI-FI MARKET SIZE, BY TRANSMISSION TYPE, 2023 VS 2030 (%)
FIGURE 10. FSO & VLC/LI-FI MARKET SIZE, BY TRANSMISSION TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. FSO & VLC/LI-FI MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. FSO & VLC/LI-FI MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS FSO & VLC/LI-FI MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS FSO & VLC/LI-FI MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES FSO & VLC/LI-FI MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES FSO & VLC/LI-FI MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC FSO & VLC/LI-FI MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC FSO & VLC/LI-FI MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA FSO & VLC/LI-FI MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA FSO & VLC/LI-FI MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. FSO & VLC/LI-FI MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. FSO & VLC/LI-FI MARKET SHARE, BY KEY PLAYER, 2023

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