Visible Light Communication Market Size & Share, by Component (LED, Photodetectors, Microcontrollers, Software & Services); Transmission Type (Uni-Directional, Bi-Directional); Application (Consumer Electronics, Defense & Security, Transportation, Public Infrastructure, Life Sciences) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5021
  • Published Date: Jun 14, 2023
  • Report Format: PDF, PPT

Companies Dominating the Visible Light Communication Market

    • LVX System
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Panasonic Holdings Corporation
    • Lucibel SA
    • Koninklijke Philips NV
    • Firefly Networks LTD
    • Bytelight Inc.
    • Purelifi Ltd
    • Oledcomm
    • Outstanding Technology Ltd
    • Axrtek Enterprises (P) LTD

Browse Key Market Insights with Data Illustration:


In The News

  • A new agreement to provide the US Army with Kitefin, a next-generation optical wireless communication system utilizing LiFi for secure data transmission without radio frequencies, has been announced by pureLiFi, the world leader in LiFi technology.
  • The LiFiMAXTab, a tablet with integrated LiFi, was unveiled in Las Vegas during CES 2022 by Oledcomm, a French firm that specializes in LiFi. This tablet's goal is to provide people and businesses who want to take advantage of a new kind of connectivity that combines performance and security with a powerful and affordable option. It is powered by Android and has a LiFi module.

Author Credits:  Abhishek Verma, Hetal Singh

  • Report ID: 5021
  • Published Date: Jun 14, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growth in adoption of automotive, rise of its application in the healthcare industry, and advancement in educational institution.

The market size of visible light communication is anticipated to attain a CAGR of ~38% over the forecast period, i.e., 2023 – 2035.

The major players in the market are LVX System, Panasonic Holdings Corporation, Lucibel SA, Koninklijke Philips NV, and more.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, transmission type, application, and by region.

The public infrastructure segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Short coverage range since it operates on light, lack of awareness among people, and high cost of installation are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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