Visible Light Communication (VLC) Market, Global Outlook and Forecast 2023-2032
The global Visible Light Communication (VLC) market was valued at US$ 2416.9 million in 2022 and is projected to reach US$ 8507.2 million by 2029, at a CAGR of 19.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Visible Light Communications (VLC), a subset of optical wireless communications technologies, is an emerging area of broadband transmission technology which uses light in the visible region (780-375nm) to transfer data.
This report aims to provide a comprehensive presentation of the global market for Visible Light Communication (VLC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Visible Light Communication (VLC). This report contains market size and forecasts of Visible Light Communication (VLC) in global, including the following market information:
- Global Visible Light Communication (VLC) Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
The potential for VLC is huge and researches are working on it to overcome many of the technical challenges that the VLC market is facing.
We surveyed the Visible Light Communication (VLC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Visible Light Communication (VLC) Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Visible Light Communication (VLC) Market Segment Percentages, by Type, 2022 (%)
- Visible Light LED
- Diodes
- Image Sensor
- IR Transmitter
- Optical Coupler
- Other
Global Visible Light Communication (VLC) Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Visible Light Communication (VLC) Market Segment Percentages, by Application, 2022 (%)
- Vehicles, Traffic
- Defense, Security
- Hospitals, Medical Care
- Aviation
- Mining
Global Visible Light Communication (VLC) Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Visible Light Communication (VLC) Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Visible Light Communication (VLC) revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Visible Light Communication (VLC) revenues share in global market, 2022 (%)
key players include:
- Tokyo Electric Power
- KDDI R&D Laboratories
- NEC
- Matsushita Electric Works
- Nippon Signal
- Information System Research Institute
- Toshiba
- Samsung Electronics
- Avago Technologies Japan
- Toyoda Gosei
- SONY
- NTT Dokomo
- Casio Computer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Visible Light Communication (VLC), market overview.
Chapter 2: Global Visible Light Communication (VLC) market size in revenue.
Chapter 3: Detailed analysis of Visible Light Communication (VLC) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Visible Light Communication (VLC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
