Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market Growth (Status and Outlook) 2023-2029

Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market Growth (Status and Outlook) 2023-2029

Free licensing and faster and assurance of safer data transfer than other competing technologies drive the FSO and VLC markets, respectively.

LPI (LP Information)' newest research report, the “Free Space Optics (FSO) and Visible Light Communication (VLC) Industry Forecast” looks at past sales and reviews total world Free Space Optics (FSO) and Visible Light Communication (VLC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Free Space Optics (FSO) and Visible Light Communication (VLC) sales for 2023 through 2029. With Free Space Optics (FSO) and Visible Light Communication (VLC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Free Space Optics (FSO) and Visible Light Communication (VLC) industry.

This Insight Report provides a comprehensive analysis of the global Free Space Optics (FSO) and Visible Light Communication (VLC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Free Space Optics (FSO) and Visible Light Communication (VLC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Free Space Optics (FSO) and Visible Light Communication (VLC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Free Space Optics (FSO) and Visible Light Communication (VLC) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Free Space Optics (FSO) and Visible Light Communication (VLC).

The global Free Space Optics (FSO) and Visible Light Communication (VLC) market size is projected to grow from US$ 265.9 million in 2022 to US$ 1147.8 million in 2029; it is expected to grow at a CAGR of 23.2% from 2023 to 2029.

The major factors driving this growth are faster and safer data transfer than other competing technologies; RF spectrum bandwidth crunch; no bandwidth limitation and less energy consumption; and greener, cleaner, and safer technology.

This report presents a comprehensive overview, market shares, and growth opportunities of Free Space Optics (FSO) and Visible Light Communication (VLC) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Modulators
Transmitters
Demodulators
Receivers
Encoders and Decoders

Segmentation by application
Defense
Satellite
Security
Engineering
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mostcom
Trimble Hungary
AOptix Technologies
Optelix
IBSENtelecom
Harris Corporation
LightPointe Communications
Anova Technologies
Wireless Excellence
fSONA Networks

Please note: The report will take approximately 2 business days to prepare and deliver.