Light Fidelity (Li-Fi)/Visible Light Communication Market by Component, Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2021 - 2027
The Business Research Company offers light fidelity li-fi or visible light communication market research report 2023 with industry size, share, segments and market growth
Light Fidelity (Li-Fi)/Visible Light Communication Market to Reach $115 Billion, Globally, by 2022. Read more at: https://www.alliedmarketresearch.com/light-fidelity-visible-light-communication-market Light Fidelity (Li-Fi) is a very high speed, two-way wireless communication method which uses visible light from LEDs as the medium for transmitting the data by turning them on and off at very high frequency which human eyes cannot sense. This technology is an apt replacement for currently prevailing Wi-Fi technology as Li-Fi is considerably faster, has almost 10,000 times broader bandwidth because it uses visible light, and it is safe to operate in electromagnetic sensitive areas.
Need of high speed data transmission, data security, impending RF spectrum crunch, and several technological superiorities over Wi-Fi technology majorly drives the visible light communication market.
Complete report of 236 Pages is available @ http://www.reportsnreports.com/reports/214983-global-visible-light-communication-vlc-li-fi-technology-free-space-optics-fso-market-2013-2018-by-component-led-image-sensor-application-indoor-networking-underwater-communication-location-based-service-intelligent-traffic-systems-.html
Visible Light Communication Technology market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Visible Light Communication Technology market will be able to gain the upper hand as they use the report as a powerful resource.
Pilots can easily identify an airport at night from its airport light signals, making it one of the easiest checkpoints for aviation pilots when navigating on a night flight. Air traffic controllers may turn the solar signal light beacon on and off as necessary, or it may be set on a timer.
The South America visible light communication market report defines and segments the concerned market for visible light communication technology with analysis and forecast of revenue. The South American visible light communication market is estimated to grow from $36.75 million in 2014 to $337.08 million by 2019, at a CAGR of 56.0% from 2014 to 2019.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/194 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. This result in the space for more than one user and thereby, accomplishing higher transfer rates. As a result, the high bandwidth availability is expected to be the biggest attraction of this technology boosting the global industry growth over the forecast period.
Free Space Optics (FSO) and Visible Light Communication (VLC) Market by Component, Application (Smart Store, Consumer Electronics, Defense, Transportation, Aviation, Hospital, Underwater, and Hazardous Environment), and by Geography
The free space optics market is expected to grow from USD 116.7 Million in 2015 to USD 940.2 Million by 2020, at a CAGR of 51.8% between 2015 and 2020.
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Li-Fi, basically known as Light Fidelity or 5G Visible Light Communication systems, can be said to be the optimized version of Wi-Fi in modern times. It is basically a wireless optical networking technology which utilizes the light emitting diodes as a medium to enable high–speed communication
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