DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qsskpf/global_visible) has announced the addition of the "Global Visible Light Communication Market 2015-2019" report to their offering.
The report expects the global visible light communication (VLC) market to grow at a very optimistic rate, posting a CAGR of almost 64% during the forecast period.
One major factor contributing enormously to the growth of the market is the availability of high bandwidth. The bandwidth frequency spectrum offered by visible light is larger than that of radio frequency bandwidth, which ensures the accommodation of more users and thereby, achieving higher transfer rates. Thus, the high bandwidth availability is expected to be the biggest attraction of this technology fueling growth of the visible light communication market.
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.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth:
- Indoor networking
- Location based services
- Underwater communication
- In-flight communication and entertainment
-
Intelligent traffic systems
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.
Companies Mentioned:
- Avago Technologies
- ByteLight
- Casio
- fSONA Networks
- LightBee
- LightPointe Communications
- Lvx System
- Nakagawa Laboratories
- Oledcomm-France
- Outstanding Technology
- Panasonic
- Philips
- Plaintree Systems
- PureLiFi
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Key recommendations for vendors/investors
PART 16: Appendix
For more information visit http://www.researchandmarkets.com/research/qsskpf/global_visible
