Free Space Optics and Visible Light Communication Market

Free licensing and faster and assurance of safer data transfer than other competing technologies drive the FSO and VLC markets, respectively.

Free Space Optics and Visible Light Communication Market 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). Free Space Optics and Visible Light Communication Market 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.