Visible Light Communication Market to Grow at 64% CAGR to 2019

The global visible light communication market analyst says energy efficiency, longevity, and cost effectiveness of LEDs is expected to fuel the adoption of these lighting devices. The global visible light communication (VLC) market to grow at a CAGR of almost 64% during the 2015-2019

According to the Global Visible Light Communication Market 2015-2019 report, one of the major factors that will drive the growth of this technology is the availability of high bandwidth, which ensures high data rate and data transfer. RF spectrum congestion has necessitated a demand for alternative sources of wireless technology such as Wi-Fi, Bluetooth, and ZigBee.

Complete report on visible light communication market spread across 57 pages, analyzing 6 major companies and providing 24 data exhibits is now available at http://www.reportsnreports.com/reports/456410-global-visible-light-communication-market-2015-2019.html.

Visible light communication is a wireless technology that uses light emanated by LED bulbs to provide a network for high-speed communication parallel to Wi-Fi. This technology is a faster and cheaper optical version of Wi-Fi. The market growth was predominantly driven by the increasing adoption of visible light communications for indoor networking. LEDs are anticipated to replace all fluorescent and incandescent lights in the visible light communication market. The possibility of using LEDs for lighting as well as communication will likely be a factor that will speed up the adoption of these lights.

Segmentation by application and analysis of visible light communication market - indoor networking, location-based services, and underwater communication

The indoor networking application has taken off successfully, and is expected to grow at a CAGR of nearly 65% during the forecast period. The high adoption of this technology, along with indoor position apps, will improve the targeted advertising of retailers and improve their sales. Moreover, major lighting manufacturers such as GE and Philips are showing significant interest on this application, which will further boost this market. Order a copy of Global Visible Light Communication Market 2015-2019 report @ http://www.reportsnreports.com/Purchase.aspx?name=456410.

The Americas is the largest revenue contributor, growing at a CAGR of more than 65%, and is expected to retain its dominance during the forecast period due to the high demand for faster and safer wireless communication in the region.

The rise of new opportunities in the visible light communication market such as mobile companies looking to integrate the technology in their smart devices and lighting companies looking to enter the market because of its growth potential is expected to propel the long term growth of the visible light communications market during the forecast period.

Key players in the global visible light communication market are: fSONA Networks, LightPointe Communications, Nakagawa Laboratories, Oledcomm-France, Outstanding Technology and pureLiFi

Other prominent vendors in the market are: Avago Technologies, ByteLight, Casio, LightBee, Lvx System, Panasonic, Philips, and Plaintree Systems.

Further, the visible light communication market report states that the design of the VLC receiver must be robust to adjust with the device movement and field of view misalignment. In addition, the mobile device is required to maintain a constant directional beam towards the receiver to connect with the uplink.

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