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Visible Light Communication Market 2024-2028

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    Report

  • 186 Pages
  • August 2024
  • Region: Global
  • TechNavio
  • ID: 5734287
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The visible light communication market is forecasted to grow by USD 316.01 billion during 2023-2028, accelerating at a CAGR of 89.62% during the forecast period. The report on the visible light communication market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing penetration of process automation in industries, faster and safer data transfer, and availability of greater bandwidth.

The visible light communication market is segmented as below:

By Application

  • Indoor networking
  • LBS
  • ICE
  • Underwater communication

By End-user

  • Retail
  • Consumer electronics
  • Automotive and transportation
  • Healthcare
  • Others

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the vlc-based 5g network as one of the prime reasons driving the visible light communication market growth during the next few years. Also, adoption of leds and increase in end-user applications will lead to sizable demand in the market.

The report on the visible light communication market covers the following areas:

  • Visible light communication market sizing
  • Visible light communication market forecast
  • Visible light communication market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading visible light communication market vendors that include Acuity Brands Inc., Firefly Networks Ltd., Fortive Corp., Fraunhofer Gesellschaft, fSONA Systems Corp., General Electric Co., Koninklijke Philips N.V., Latecoere, LightBee SL, Lucibel SA, nextLiFi, Oledcomm, Panasonic Holdings Corp., pureLiFi Ltd., Qualcomm Inc., Renesas Electronics Corp., Signify NV, To Be Srl, Viavi Solutions Inc., and VLNComm Inc. Also, the visible light communication market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Visible Light Communication Market 2018 - 2022
Historic Market Size - Data Table on Global Visible Light Communication Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Chart on Application - Market share 2023-2028 (%)
Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
6.3 Indoor networking - Market size and forecast 2023-2028
Chart on Indoor networking - Market size and forecast 2023-2028 ($ million)
Data Table on Indoor networking - Market size and forecast 2023-2028 ($ million)
Chart on Indoor networking - Year-over-year growth 2023-2028 (%)
Data Table on Indoor networking - Year-over-year growth 2023-2028 (%)
6.4 LBS - Market size and forecast 2023-2028
Chart on LBS - Market size and forecast 2023-2028 ($ million)
Data Table on LBS - Market size and forecast 2023-2028 ($ million)
Chart on LBS - Year-over-year growth 2023-2028 (%)
Data Table on LBS - Year-over-year growth 2023-2028 (%)
6.5 ICE - Market size and forecast 2023-2028
Chart on ICE - Market size and forecast 2023-2028 ($ million)
Data Table on ICE - Market size and forecast 2023-2028 ($ million)
Chart on ICE - Year-over-year growth 2023-2028 (%)
Data Table on ICE - Year-over-year growth 2023-2028 (%)
6.6 Underwater communication - Market size and forecast 2023-2028
Chart on Underwater communication - Market size and forecast 2023-2028 ($ million)
Data Table on Underwater communication - Market size and forecast 2023-2028 ($ million)
Chart on Underwater communication - Year-over-year growth 2023-2028 (%)
Data Table on Underwater communication - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Application
Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 Retail - Market size and forecast 2023-2028
Chart on Retail - Market size and forecast 2023-2028 ($ million)
Data Table on Retail - Market size and forecast 2023-2028 ($ million)
Chart on Retail - Year-over-year growth 2023-2028 (%)
Data Table on Retail - Year-over-year growth 2023-2028 (%)
7.4 Consumer electronics - Market size and forecast 2023-2028
Chart on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
7.5 Automotive and transportation - Market size and forecast 2023-2028
Chart on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Data Table on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Chart on Automotive and transportation - Year-over-year growth 2023-2028 (%)
Data Table on Automotive and transportation - Year-over-year growth 2023-2028 (%)
7.6 Healthcare - Market size and forecast 2023-2028
Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 Firefly Networks Ltd.
Firefly Networks Ltd. - Overview
Firefly Networks Ltd. - Product / Service
Firefly Networks Ltd. - Key offerings
12.4 Fortive Corp.
Fortive Corp. - Overview
Fortive Corp. - Business segments
Fortive Corp. - Key news
Fortive Corp. - Key offerings
Fortive Corp. - Segment focus
12.5 Fraunhofer Society
Fraunhofer Society - Overview
Fraunhofer Society - Product / Service
Fraunhofer Society - Key offerings
12.6 fSONA Systems Corp.
fSONA Systems Corp. - Overview
fSONA Systems Corp. - Product / Service
fSONA Systems Corp. - Key offerings
12.7 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
12.8 Koninklijke Philips NV
Koninklijke Philips NV - Overview
Koninklijke Philips NV - Business segments
Koninklijke Philips NV - Key news
Koninklijke Philips NV - Key offerings
Koninklijke Philips NV - Segment focus
12.9 Lucibel SA
Lucibel SA - Overview
Lucibel SA - Product / Service
Lucibel SA - Key offerings
12.10 Oledcomm
Oledcomm - Overview
Oledcomm - Product / Service
Oledcomm - Key offerings
12.11 Panasonic Holdings Corp.
Panasonic Holdings Corp. - Overview
Panasonic Holdings Corp. - Business segments
Panasonic Holdings Corp. - Key news
Panasonic Holdings Corp. - Key offerings
Panasonic Holdings Corp. - Segment focus
12.12 pureLiFi Ltd.
pureLiFi Ltd. - Overview
pureLiFi Ltd. - Product / Service
pureLiFi Ltd. - Key offerings
12.13 Qualcomm Inc.
Qualcomm Inc. - Overview
Qualcomm Inc. - Business segments
Qualcomm Inc. - Key news
Qualcomm Inc. - Key offerings
Qualcomm Inc. - Segment focus
12.14 Renesas Electronics Corp.
Renesas Electronics Corp. - Overview
Renesas Electronics Corp. - Business segments
Renesas Electronics Corp. - Key news
Renesas Electronics Corp. - Key offerings
Renesas Electronics Corp. - Segment focus
12.15 Signify NV
Signify NV - Overview
Signify NV - Business segments
Signify NV - Key news
Signify NV - Key offerings
Signify NV - Segment focus
12.16 Viavi Solutions Inc.
Viavi Solutions Inc. - Overview
Viavi Solutions Inc. - Business segments
Viavi Solutions Inc. - Key news
Viavi Solutions Inc. - Key offerings
Viavi Solutions Inc. - Segment focus
12.17 VLNComm Inc.
VLNComm Inc. - Overview
VLNComm Inc. - Product / Service
VLNComm Inc. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Visible Light Communication Market 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Application Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Application - Market share 2023-2028 (%)
Exhibits 33: Data Table on Application - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Application
Exhibits 35: Data Table on Comparison by Application
Exhibits 36: Chart on Indoor networking - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Data Table on Indoor networking - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Chart on Indoor networking - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Indoor networking - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on LBS - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on LBS - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on LBS - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on LBS - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on ICE - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on ICE - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on ICE - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on ICE - Year-over-year growth 2023-2028 (%)
Exhibits 48: Chart on Underwater communication - Market size and forecast 2023-2028 ($ million)
Exhibits 49: Data Table on Underwater communication - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Chart on Underwater communication - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Underwater communication - Year-over-year growth 2023-2028 (%)
Exhibits 52: Market opportunity by Application ($ million)
Exhibits 53: Data Table on Market opportunity by Application ($ million)
Exhibits 54: Chart on End-user - Market share 2023-2028 (%)
Exhibits 55: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 56: Chart on Comparison by End-user
Exhibits 57: Data Table on Comparison by End-user
Exhibits 58: Chart on Retail - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on Retail - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on Retail - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on Retail - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
Exhibits 66: Chart on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Data Table on Automotive and transportation - Market size and forecast 2023-2028 ($ million)
Exhibits 68: Chart on Automotive and transportation - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on Automotive and transportation - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)
Exhibits 74: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 76: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 77: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 78: Market opportunity by End-user ($ million)
Exhibits 79: Data Table on Market opportunity by End-user ($ million)
Exhibits 80: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 81: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 82: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 83: Chart on Geographic comparison
Exhibits 84: Data Table on Geographic comparison
Exhibits 85: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 110: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 111: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 114: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 115: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 118: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 119: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 121: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 122: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 123: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 124: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 125: Market opportunity By Geographical Landscape ($ million)
Exhibits 126: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 127: Impact of drivers and challenges in 2023 and 2028
Exhibits 128: Overview on criticality of inputs and factors of differentiation
Exhibits 129: Overview on factors of disruption
Exhibits 130: Impact of key risks on business
Exhibits 131: Companies covered
Exhibits 132: Matrix on companies position and classification
Exhibits 133: Firefly Networks Ltd. - Overview
Exhibits 134: Firefly Networks Ltd. - Product / Service
Exhibits 135: Firefly Networks Ltd. - Key offerings
Exhibits 136: Fortive Corp. - Overview
Exhibits 137: Fortive Corp. - Business segments
Exhibits 138: Fortive Corp. - Key news
Exhibits 139: Fortive Corp. - Key offerings
Exhibits 140: Fortive Corp. - Segment focus
Exhibits 141: Fraunhofer Society - Overview
Exhibits 142: Fraunhofer Society - Product / Service
Exhibits 143: Fraunhofer Society - Key offerings
Exhibits 144: fSONA Systems Corp. - Overview
Exhibits 145: fSONA Systems Corp. - Product / Service
Exhibits 146: fSONA Systems Corp. - Key offerings
Exhibits 147: General Electric Co. - Overview
Exhibits 148: General Electric Co. - Business segments
Exhibits 149: General Electric Co. - Key news
Exhibits 150: General Electric Co. - Key offerings
Exhibits 151: General Electric Co. - Segment focus
Exhibits 152: Koninklijke Philips NV - Overview
Exhibits 153: Koninklijke Philips NV - Business segments
Exhibits 154: Koninklijke Philips NV - Key news
Exhibits 155: Koninklijke Philips NV - Key offerings
Exhibits 156: Koninklijke Philips NV - Segment focus
Exhibits 157: Lucibel SA - Overview
Exhibits 158: Lucibel SA - Product / Service
Exhibits 159: Lucibel SA - Key offerings
Exhibits 160: Oledcomm - Overview
Exhibits 161: Oledcomm - Product / Service
Exhibits 162: Oledcomm - Key offerings
Exhibits 163: Panasonic Holdings Corp. - Overview
Exhibits 164: Panasonic Holdings Corp. - Business segments
Exhibits 165: Panasonic Holdings Corp. - Key news
Exhibits 166: Panasonic Holdings Corp. - Key offerings
Exhibits 167: Panasonic Holdings Corp. - Segment focus
Exhibits 168: pureLiFi Ltd. - Overview
Exhibits 169: pureLiFi Ltd. - Product / Service
Exhibits 170: pureLiFi Ltd. - Key offerings
Exhibits 171: Qualcomm Inc. - Overview
Exhibits 172: Qualcomm Inc. - Business segments
Exhibits 173: Qualcomm Inc. - Key news
Exhibits 174: Qualcomm Inc. - Key offerings
Exhibits 175: Qualcomm Inc. - Segment focus
Exhibits 176: Renesas Electronics Corp. - Overview
Exhibits 177: Renesas Electronics Corp. - Business segments
Exhibits 178: Renesas Electronics Corp. - Key news
Exhibits 179: Renesas Electronics Corp. - Key offerings
Exhibits 180: Renesas Electronics Corp. - Segment focus
Exhibits 181: Signify NV - Overview
Exhibits 182: Signify NV - Business segments
Exhibits 183: Signify NV - Key news
Exhibits 184: Signify NV - Key offerings
Exhibits 185: Signify NV - Segment focus
Exhibits 186: Viavi Solutions Inc. - Overview
Exhibits 187: Viavi Solutions Inc. - Business segments
Exhibits 188: Viavi Solutions Inc. - Key news
Exhibits 189: Viavi Solutions Inc. - Key offerings
Exhibits 190: Viavi Solutions Inc. - Segment focus
Exhibits 191: VLNComm Inc. - Overview
Exhibits 192: VLNComm Inc. - Product / Service
Exhibits 193: VLNComm Inc. - Key offerings
Exhibits 194: Inclusions checklist
Exhibits 195: Exclusions checklist
Exhibits 196: Currency conversion rates for US$
Exhibits 197: Research methodology
Exhibits 198: Information sources
Exhibits 199: Data validation
Exhibits 200: Validation techniques employed for market sizing
Exhibits 201: Data synthesis
Exhibits 202: 360 degree market analysis
Exhibits 203: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global visible light communication market: Acuity Brands Inc., Firefly Networks Ltd., Fortive Corp., Fraunhofer Gesellschaft, fSONA Systems Corp., General Electric Co., Koninklijke Philips N.V., Latecoere, LightBee SL, Lucibel SA, nextLiFi, Oledcomm, Panasonic Holdings Corp., pureLiFi Ltd., Qualcomm Inc., Renesas Electronics Corp., Signify NV, To Be Srl, Viavi Solutions Inc., and VLNComm Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is vlc-based 5g network."

According to the report, one of the major drivers for this market is the growing penetration of process automation in industries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Acuity Brands Inc.
  • Firefly Networks Ltd.
  • Fortive Corp.
  • Fraunhofer Gesellschaft
  • fSONA Systems Corp.
  • General Electric Co.
  • Koninklijke Philips N.V.
  • Latecoere
  • LightBee SL
  • Lucibel SA
  • nextLiFi
  • Oledcomm
  • Panasonic Holdings Corp.
  • pureLiFi Ltd.
  • Qualcomm Inc.
  • Renesas Electronics Corp.
  • Signify NV
  • To Be Srl
  • Viavi Solutions Inc.
  • VLNComm Inc.