Global Visible Light Communication System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Visible Light Communication System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Visible Light Communication System market size was valued at USD 576.2 million in 2023 and is forecast to a readjusted size of USD 819.9 million by 2030 with a CAGR of 5.2% during review period.

In telecommunications, visible light communication (VLC) is the use of visible light (light with a frequency of 400–800 THz/wavelength of 780–375 nm) as a transmission medium. VLC is a subset of optical wireless communications technologies.The technology uses fluorescent lamps (ordinary lamps, not special communications devices) to transmit signals at 10 kbit/s, or LEDs for up to 500 Mbit/s over short distances.Specially designed electronic devices generally containing a photodiode receive signals from light sources, although in some cases a cell phone camera or a digital camera will be sufficient.The image sensor used in these devices is in fact an array of photodiodes (pixels) and in some applications its use may be preferred over a single photodiode. Such a sensor may provide either multi-channel (down to 1 pixel = 1 channel) or a spatial awareness of multiple light sources.VLC can be used as a communications medium for ubiquitous computing, because light-producing devices (such as indoor/outdoor lamps, TVs, traffic signs, commercial displays and car headlights/taillights) are used everywhere.

The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.

According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.

The Global Info Research report includes an overview of the development of the Visible Light Communication System industry chain, the market status of Underwater Communication (Hardware, Service), Cellular Telecommunication (Hardware, Service), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Visible Light Communication System.

Regionally, the report analyzes the Visible Light Communication System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Visible Light Communication System market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Visible Light Communication System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Visible Light Communication System industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Hardware, Service).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Visible Light Communication System market.

Regional Analysis: The report involves examining the Visible Light Communication System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Visible Light Communication System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Visible Light Communication System:

Company Analysis: Report covers individual Visible Light Communication System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Visible Light Communication System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Underwater Communication, Cellular Telecommunication).

Technology Analysis: Report covers specific technologies relevant to Visible Light Communication System. It assesses the current state, advancements, and potential future developments in Visible Light Communication System areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Visible Light Communication System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Visible Light Communication System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Hardware
Service
Software

Market segment by Application
Underwater Communication
Cellular Telecommunication
Others

Market segment by players, this report covers
Huawei
Ibsentelecom Ltd.
Cisio
Outstanding Technology
Purelifi Ltd.
Panasonic
General Electric
Qualcomm.
Bytelight
Axrtek

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Visible Light Communication System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Visible Light Communication System, with revenue, gross margin and global market share of Visible Light Communication System from 2019 to 2024.

Chapter 3, the Visible Light Communication System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Visible Light Communication System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Visible Light Communication System.

Chapter 13, to describe Visible Light Communication System research findings and conclusion.