Free Space Optics (FSO) and Visible Light Communication (VLC) Market, Global Outlook and Forecast 2024-2031
Free licensing and faster and assurance of safer data transfer than other competing technologies drive the FSO and VLC markets, respectively.
This report aims to provide a comprehensive presentation of the global market for Free Space Optics (FSO) and 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 Free Space Optics (FSO) and Visible Light Communication (VLC). This report contains market size and forecasts of Free Space Optics (FSO) and Visible Light Communication (VLC) in global, including the following market information:
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Free Space Optics (FSO) and Visible Light Communication (VLC) market was valued at US$ 279.7 million in 2023 and is projected to reach US$ 1089.1 million by 2029, at a CAGR of 21.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Free Space Optics (FSO) and 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 Free Space Optics (FSO) and Visible Light Communication (VLC) Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market Segment Percentages, by Type, 2023 (%)
Modulators
Transmitters
Demodulators
Receivers
Encoders and Decoders
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market Segment Percentages, by Application, 2023 (%)
Defense
Satellite
Security
Engineering
Other
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Free Space Optics (FSO) and Visible Light Communication (VLC) Market Segment Percentages, By Region and Country, 2023 (%)
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 Free Space Optics (FSO) and Visible Light Communication (VLC) revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Free Space Optics (FSO) and Visible Light Communication (VLC) revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mostcom
Trimble Hungary
AOptix Technologies
Optelix
IBSENtelecom
Harris Corporation
LightPointe Communications
Anova Technologies
Wireless Excellence
fSONA Networks
Outline of Major Chapters:
Chapter 1: Introduces the definition of Free Space Optics (FSO) and Visible Light Communication (VLC), market overview.
Chapter 2: Global Free Space Optics (FSO) and Visible Light Communication (VLC) market size in revenue.
Chapter 3: Detailed analysis of Free Space Optics (FSO) and 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 Free Space Optics (FSO) and 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.
