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Visible Light Communication (VLC) Market Will Be $9,289.72 Million by 2020 – New Report by MarketsandMarkets
Date:8/15/2014

chnology has a great potential to increase over a period of time.

This report describes the market trends, drivers, and challenges with respect to the global Visible Light Communication and Free Space Optics Market, and forecasts the market from 2014 to 2020, on the basis of the component, applications and geography. This global report gives a detailed view of the market across geographies, namely, the Americas Europe, Asia-Pacific, and RoW. APAC dominates the market in terms of revenue generation. The research and development taking place in APAC region are attracting the key players towards the technology.

The competitive landscape of the market presents a very interesting picture. The market is witnessing new product launches and large scale collaborations, and agreements and partnerships across the value chain, with a number of tier-one players around the globe.

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The major players in VLC and FSO market are Bytelight (U.S.), Oldecomm-France LiFi (France), Nakagawa Laboratories (Japan), Outstanding Technology (Japan), Lightepoint Communications (U.S.), and fSONA Networks (Canada) are among others.

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