Global Visible Light Communication Market to grow CAGR of almost 64% during the forecast period 2015 - 2019

ResearchMoz added Latest Research Report titled " Global Visible Light Communication Market 2015-2019 " to it's Large Report database.

Market outlook of the visible light communication market
Technavio expects the global visible light communication (VLC) market to grow at a very optimistic rate, posting a CAGR of almost 64% during the forecast period. Visible light communication is a wireless technology that uses light emanated by LED bulbs to provide a network for high-speed communication parallel to Wi-Fi. This technology is a faster and cheaper optical version of Wi-Fi. The market growth was predominantly driven by the increasing adoption of visible light communications for indoor networking.

One major factor contributing enormously to the growth of the market is the availability of high bandwidth. The bandwidth frequency spectrum offered by visible light is larger than that of radio frequency bandwidth, which ensures the accommodation of more users and thereby, achieving higher transfer rates. Thus, the high bandwidth availability is expected to be the biggest attraction of this technology fuelling growth of the visible light communication market.

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Segmentation by application and analysis of - indoor networking, location-based services, and underwater communication
The indoor networking application has taken off successfully, and is expected to grow at a CAGR of nearly 65% during the forecast period. The high adoption of this technology, along with indoor position apps, will improve the targeted advertising of retailers and improve their sales. Moreover, major lighting manufacturers such as GE and Philips are showing significant interest on this application, which will further boost this market.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
Indoor networking
Location based services
Underwater communication
In-flight communication and entertainment
Intelligent traffic systems

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Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Product offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Industry overview
Market scenario
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Indoor networking market using VLC
Location based services market using VLC
Intelligent traffic systems market using VLC
In-flight communication and entertainment market using VLC
Underwater communication using VLC
PART 07: Geographical segmentation
Geography-wise contribution: 2014
Geography-wise contribution: 2019
VLC in Americas
VLC in Europe
VLC in APAC

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Global Visible Light Communication Market to grow CAGR of almost 64% during the forecast period 2015 - 2019 Global Visible Light Communication Market to grow CAGR of almost 64% during the forecast period 2015 - 2019 Reviewed by Sagar Jagtap on 02:58 Rating: 5

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