Visible Light Communication Market - Top Companies and Manufacturers

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

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Visible Light Communication Market Size & Share - Growth Trends 2035

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.

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 â€“ 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.

Visible Light Communication Market - Top Companies and Manufacturers

Companies Dominating the Visible Light Communication Market

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the visible light communication market?

What would be the CAGR of the visible light communication market over the forecast period?

Who are the major players dominating the visible light communication market?

How are the company profiles selected?

What are the segments in the visible light communication market?

Which segment captures the largest market size in the application segment in the visible light communication market?

What are the challenges affecting the market growth?

Which region will provide more business opportunities for the growth of the visible light communication market in the future?