The FSO & VLC/Li-Fi Market size was estimated at USD 3.16 billion in 2022 and expected to reach USD 4.25 billion in 2023, at a CAGR 37.70% to reach USD 40.96 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the FSO & VLC/Li-Fi Market.

  • Based on Component, market is studied across Light Emitting Diode, Microcontroller, and Photo Detector. The Light Emitting Diode is further studied across Micro Lens LEDs, Near-Infrared Or Ultraviolet LEDs, Organic LEDs, Phosphorus LEDs, Red Green Blue LEDs, and Resonant Cavity LEDs. The Photo Detector is further studied across Image Sensor and Photodiode. The Light Emitting Diode commanded largest market share of 33.42% in 2022, followed by Microcontroller.

  • Based on Transmission Type, market is studied across Bidirectional Transmission and Unidirectional Transmission. The Unidirectional Transmission commanded largest market share of 67.94% in 2022, followed by Bidirectional Transmission.

  • Based on Application, market is studied across Aviation, Consumer Electronics, Defense & Security, Hospital, Smart Store, Underwater Communication, and Vehicle & Transportation. The Consumer Electronics commanded largest market share of 22.34% in 2022, followed by Smart Store.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.90% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the FSO & VLC/Li-Fi Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape FSO & VLC/Li-Fi Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the FSO & VLC/Li-Fi Market, highlighting leading vendors and their innovative profiles. These include Acervo Lima, Acuity Brands, Inc., aeroLiFi GmbH, Airlinx Communications, Inc., CACI International Inc., Casio Computer Co., Ltd., Consolite Technology, EC System, Firefly Networks Ltd., Fraunhofer HHI, fSONA Networks Corp., General Electric Company, Global LiFi Tech, HAVR, Huawei Technologies Co., Ltd., Iberdrola, S.A., Infinity Technology Services, Irnas D.O.O., LiFi.nl, LiFiComm Tech, LIFX, Lightbee, Lucibel SA, LumEfficient, LLC, LVX System Corp., MaxLinear, Mostcom JSC, Nav Wireless Technologies Pvt. Ltd., NextLiFi, Oledcomm SAS, Panasonic Corporation, Plaintree Systems, PureLiFi Limited, Qualcomm Technologies, Inc., Renesas Electronics Corporation, Samsung Electronics Co., Ltd., Schnell Lifi GmbH, Signify Holding, Slux, Trimble Hungary Kft, Velmenni, VLNComm, Wipro Limited, Wireless Excellence Limited, and ZERO1 LiFi.

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the FSO & VLC/Li-Fi Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the FSO & VLC/Li-Fi Market?
  3. What is the competitive strategic window for identifying opportunities in the FSO & VLC/Li-Fi Market?
  4. What are the latest technology trends and regulatory frameworks in the FSO & VLC/Li-Fi Market?
  5. What is the market share of the leading vendors in the FSO & VLC/Li-Fi Market?
  6. Which modes and strategic moves are suitable for entering the FSO & VLC/Li-Fi Market?