Visible Light Communication Market size anticipated to grow at over 90% CAGR from 2016 to 2023

1
Visible Light Communication (VLC) Market size to
grow at over 90 CAGR from 2016 to 2023 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Visible Light Communication
(VLC) Market

• The industry can be further bifurcated on the
  basis of geography which includes North America,
  Europe, Asia Pacific, Latin America and MEA.
• In 2014, retail indoor segment dominated the
  industry in terms of revenue. The growth in this
  segment is primarily driven by demand from
  developed nations such as North America and
  Europe.
• North America, including U.S. visible light
  communication market accounted for about 42 of
  the total industry revenue in 2014 and estimated
  to be the largest revenue contributor.

3
Application Analysis of Visible Light
Communication (VLC) Market

• One of the major factors contributing to growth
  of visible light communication market is the
  accessibility of high bandwidth. Visible light
  offers bandwidth frequency spectrum which is
  larger than that of radio frequency bandwidth.
• The industry can be segmented by end users as
  connected devices, underwater communication,
  automobile transport, retail indoor
  positioning, hospitality, in-flight
  infotainment/communications and light-based
  internet.
• Higher energy efficiency and biologically safe
  negligible interference is also expected to
  increase the VLC adoption in healthcare sector
  over the forecast period.

4
Competitive Market Share of Visible Light
Communication (VLC) Market

• Key manufacturers for the global visible light
  communication market share include Axrtek,
  Outstanding Technology Co. Ltd., LightPointe
  Communications Inc.
• Koninklijke Philips, Wireless Excellence Limited,
  Lightbee Corp, Nakagawa Laboratories, Inc., Casio
  Computer, Fraunhofer Heinrich, ByteLight, Inc.
  (Acuity Brands, Inc.).
• PureLifi Ltd, LVX System, Gallium Lighting LLC,
  Supreme Architecture Inc., Fsona Networks Corp.
  and General Electric Company among others.

5

Browse Full Market Research Report On Visible
Light Communication (VLC) Market_at_
http//goo.gl/dK7YRw Request for an in-depth
table of contents for this report _at_
https//www.gminsights.com/request-toc/upcoming/19
4
6
Stay In Touch Website www.gminsights.com Soci
al Media