Report overview
This research report provides a comprehensive analysis of the Visible Light Communications (VLC) market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Visible Light Communications (VLC) market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Visible Light Communications (VLC), challenges faced by the industry, and potential opportunities for market players.
The global Visible Light Communications (VLC) market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Visible Light Communications (VLC) market presents opportunities for various stakeholders, including Indoor Applications, Underwater Communications. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Visible Light Communications (VLC) market. Additionally, the growing consumer demand present avenues for market expansion.
The global Visible Light Communications (VLC) market was valued at US$ 2215.4 million in 2023 and is projected to reach US$ 10650 million by 2030, at a CAGR of 21.7% during the forecast period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ?1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ?1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ?240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Key Features:
The research report on the Visible Light Communications (VLC) market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Visible Light Communications (VLC) market.
Market Overview: The report provides a comprehensive overview of the Visible Light Communications (VLC) market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Access Points, Station Points), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
Market Dynamics: The report analyses the market dynamics driving the growth and development of the Visible Light Communications (VLC) market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Visible Light Communications (VLC) market's trajectory.
Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Visible Light Communications (VLC) market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
Market Segmentation and Forecast: The report segment the Visible Light Communications (VLC) market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
Technological Trends: The report should highlight the key technological trends shaping the Visible Light Communications (VLC) market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Visible Light Communications (VLC) market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Visible Light Communications (VLC), including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Visible Light Communications (VLC) market.
Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
Visible Light Communications (VLC) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Access Points
Station Points
Market segment by Application
Indoor Applications
Underwater Communications
Global Visible Light Communications (VLC) Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Major players covered
Axrtek
Avago Technologies
Casio Computer Co
Panasonic Corporation
Lvx Systems
Pure Li-Fi
Firefly Wireless Networks
Gallium Lighting
Koninklijke Philips
Nakagawa Laboratories
San?an Optoelectronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Visible Light Communications (VLC), market overview.
Chapter 2: Global Visible Light Communications (VLC) market size in revenue.
Chapter 3: Detailed analysis of Visible Light Communications (VLC) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Visible Light Communications (VLC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
