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Published Date: 2015-08-14Number of Pages: 120

Visible Light Communication Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022

The growing number of Internet users and increasing demand for communication technology have collectively resulted in an increased demand for visible light communication (VLC) solutions. The fact that the maximum wireless traffic emerges indoors that are also well illuminated has significantly augmented the application of visible light communication in retail indoor positioning. The demand from retailers to improve the shopping experience of retail consumers by notifying them about product offers while shopping requires a technology such as VLC to deliver accurate and quick results. Thus, in the coming years, VLC is expected to compete with technologies such as Wi-Fi and Bluetooth to help retailers increase footfalls by challenging the emergence of e-commerce. 

According to Transparency Market Research, the global VLC market is anticipated to represent an opportunity worth US$113.27 bn by 2022 as it rises from US$267.6 mn in 2014. During the forecast period of 2015 and 2022, the global visible light communication market is anticipated to expand at a CAGR of 109.2%. This market is also expected to receive a substantial boost from the ongoing research and development and the large amounts of funding received for the same. The biggest advantage of VLC technologies is that they enable extensive energy savings as they operate through indoor lights, thus negating the need for extra energy for information transmission. 

Product Innovation and Strategic Acquisitions Make North America the Frontrunner

The overall visible light communication market is still in its nascent stage. However, it has achieved remarkable progress in the region of North America. The presence of leading players that are aggressively developing and promoting upgraded services in the region have been  helping n the overall market. The ongoing product innovation, acquisitions, and partnerships have also gone a long way in establishing this market across North America. The trend of lighting companies acquiring or teaming up with VLC start-ups is also anticipated boost the overall adoption of VLC. Analysts predict that the North America visible light communication market will be worth US$47.88 bn by 2022 as it expands at very high CAGR of 108.65% from 2015 to 2022. 

On the other hand, Asia Pacific has also been identified as an emerging VLC market due to a heavy focus on research and development activities. The efforts to commercialize and develop VLC solutions by various players is expected to drive the growth of this market in the region. 

Retail Indoor Positioning to become the Leading End-Use Segment

Visible light communication technologies are used for underwater communication, retail indoor positioning, hospitality, connected devices, in-flight communication, and light-based Internet amongst others. Out of these, the retail indoor positioning segment is expected to thrive in the forthcoming years. The ability of VLC solutions to deliver accurate positioning is being used by retailers to establish valuable communication with customers. For instance, sending coupons, notifying customers of discounts, and helping customers reach the exact position of the product by communicating with them on the smartphones has become exceptionally easy through VLC modules. The advantage of locating the end goal indoors, which GPS fails, has propelled the retail indoor positioning segment in the recent years. 

The research indicates that the retail indoor positioning segment in expected to represent an opportunity worth US$33.54 bn by 2022 as it expands at a CAGR of 93.82% between 2015 and 2022. The adoption of LEDs to achieve energy savings over a longer period of time in several retail stores is also expected to boost the usage of VLC technologies in this segment. 

Some of the leading players operating in the global visible light communication market are Lightbee Corp., pureLiFi, Ltd., Nakagawa Laboratories, Inc. Axrtek, Inc., Koninklijke Philips N.V., LVX System, and Fraunhofer Heinrich Hertz Institute. Companies are focusing on investing in developing energy-efficient products and aiming at product innovation to stand out in the highly competitive market.

 
Chapter 1 Preface
1.1 Research Scope
1.2 Market Segmentation
1.3 Research Methodology
     1.3.1 Phase I : Secondary Research
     1.3.2 Phase II : Primary Research
     1.3.3 Phase III : Expert Panel Review
     1.3.4 Data Models
 
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Visible Light Communication Market (2014 & 2022)
2.2 Global Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
2.3 Global Visible Light Communication Market Revenue, by End-user Application, 2014 (US$ Mn)
2.4 Global Visible Light Communication Market Revenue, By Data Rate, 2014 (US$ Mn)
2.5 Global Visible Light Communication Market Revenue, by Distance, 2014 (US$ Mn)
2.6 Global Visible Light Communication Market Revenue, by Communication Type, 2014 (US$ Mn)
2.7 Global Visible Light Communication Market Revenue, By Geography, 2014 (US$ Mn)
 
Chapter 3 Global Visible Light Communication Market Analysis
3.1 Overview
3.2 Key Trends
     3.2.1 Smart cities development
     3.2.2 Growing demand for hybrid VLC systems
     3.2.3 Partnerships and acquisitions in visible light communication market
3.3 Market Dynamics
     3.3.1 Drivers
           3.3.1.1 Targeted advertisement and location-based services (LBS) to drive visible light communication market
           3.3.1.2 Increasing R&D investment driving new product introduction
           3.3.1.3 Higher energy efficiency by VLC network driving its adoption
           3.3.1.4 Biologically safe and minimal interference to drive VLC adoption in healthcare sector
           3.3.1.5 Impact analysis of drivers
     3.3.2 Restraints
           3.3.2.1 Technical anomalies in VLC
                    3.3.2.1.1 Non-uniformity in standardization
                    3.3.2.1.2 Difficulties in transmitting and receiving at the same time with the same module
                    3.3.2.1.3 Difficulty of upgrading existing LED lighting for VLC
           3.3.2.2 Impact analysis of restraints
     3.3.3 Opportunities
           3.3.3.1 Technological breakthroughs opening opportunities in a wide range of applications
           3.3.3.2 Increased use of energy-efficient LED in numerous applications to pave way for the growth of Visible light communication market
           3.3.3.3 Integration of VLC systems in connected devices
3.4 Value Chain Analysis : Global Visible Light Communication Market
3.5 Market Attractiveness Analysis: Global Visible Light Communication Market, By End-user Application
3.6 Global Visible Light Communication Market Analysis, by End-user Application
     3.6.1 Overview
           3.6.1.1 Global visible light communication market revenue, by end-user application, 2013 – 2022 (US$ Mn)
           3.6.1.2 Comparative analysis
                    3.6.1.2.1 Global visible light communication market revenue, by end-user application, 2014 & 2022 (US$ Mn)
     3.6.2 Retail indoor positioning (location-based services)
           3.6.2.1 Global visible light communication market for retail indoor positioning revenue, 2013 – 2022 (US$ Mn)
     3.6.3 Underwater communication
           3.6.3.1 Global visible light communication market for underwater communication revenue, 2013 – 2022 (US$ Mn)
     3.6.4 Connected devices
           3.6.4.1 Global visible light communication market for connected devices revenue, 2013 – 2022 (US$ Mn)
     3.6.5 Hospitality
           3.6.5.1 Global visible light communication market for hospitality revenue, 2013 – 2022 (US$ Mn)
     3.6.6 In-flight communication/infotainment
           3.6.6.1 Global visible light communication market for in-flight communication/ infotainment revenue, 2013 – 2022 (US$ Mn)
     3.6.7 Automobile and transport
           3.6.7.1 Global visible light communication market for automobile and transport revenue, 2013 – 2022 (US$ Mn)
     3.6.8 Light-based Internet
           3.6.8.1 Global visible light communication market for light-based internet revenue, 2013 – 2022 (US$ Mn)
     3.6.9 Other applications
           3.6.9.1 Global visible light communication market for other applications revenue, 2013 – 2022 (US$ Mn)
3.7 Global Visible Light Communication Market Analysis, by Communication Type
     3.7.1 Overview
           3.7.1.1 Global visible light communication market revenue, by communication type, 2013 – 2022 (US$ Mn)
           3.7.1.2 Comparative analysis
                    3.7.1.2.1 Global visible light communication market revenue, by communication type, 2014 & 2022 (US$ Mn)
     3.7.2 Unidirectional
           3.7.2.1 Global unidirectional visible light communication market revenue, 2013 – 2022 (US$ Mn)
     3.7.3 Bidirectional
           3.7.3.1 Global bidirectional visible light communication market revenue, 2013 – 2022 (US$ Mn)
3.8 Global Visible Light Communication Market Analysis, by Distance
     3.8.1 Overview
           3.8.1.1 Global visible light communication market revenue, by distance, 2013 – 2022 (US$ Mn)
           3.8.1.2 Comparative analysis
                    3.8.1.2.1 Global visible light communication market revenue, by distance, 2014 & 2022 (US$ Mn)
     3.8.2 Up To 10 m
           3.8.2.1 Global up to 10m visible light communication market revenue, 2013 – 2022 (US$ Mn)
     3.8.3 Above 10 m
           3.8.3.1 Global above 10m visible light communication market revenue, 2013 – 2022 (US$ Mn)
3.9 Global Visible Light Communication Market Analysis, by Data Rate
     3.9.1 Overview
           3.9.1.1 Global visible light communication market revenue, by data rate, 2013 – 2022 (US$ Mn)
           3.9.1.2 Comparative analysis
                    3.9.1.2.1 Global visible light communication market revenue, by data rate, 2014 & 2022 (US$ Mn)
     3.9.2 VLC with Data Rate Up to 1 Mb/s (≤ 1 Mbps)
           3.9.2.1 Global up to 1mb/s visible light communication market revenue, 2013 – 2022 (US$ Mn)
     3.9.3 VLC with Data Rate Above 1 Mb/s (>1 Mbps)
           3.9.3.1 Global above 1Mb/s visible light communication market revenue, 2013 – 2022 (US$ Mn)
3.10 Competitive Landscape
     3.10.1 Market Positioning of Key Players, 2014
 
Chapter 4 North America Visible Light Communication Market Analysis
4.1 Overview
     4.1.1 North America visible light communication market revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
4.2 North America Visible Light Communication Market Analysis, by End-user Application
     4.2.1 North America visible light communication market revenue, by end-user application, 2013 – 2022 (US$ Mn)
4.3 North America Visible Light Communication Market Analysis, by Data Rate
     4.3.1 North America visible light communication market revenue, by data rate, 2013 – 2022 (US$ Mn)
4.4 North America Visible Light Communication Market Analysis, by Distance
     4.4.1 North America visible light communication revenue, by distance, 2013 – 2022 (US$ Mn)
4.5 North America Visible Light Communication Market Analysis, by Communication Type
     4.5.1 North America visible light communication revenue, by communication type, 2013 – 2022 (US$ Mn)
4.6 North America Visible Light Communication Market Analysis, by Geography
     4.6.1 The U.S.
           4.6.1.1 The U.S. visible light communication market revenue, 2013 – 2022 (US$ Mn)
     4.6.2 Canada
           4.6.2.1 Canada visible light communication market revenue, 2013 – 2022 (US$ Mn)
 
Chapter 5 Europe Visible Light Communication Market Analysis
5.1 Overview
     5.1.1 Europe visible light communication market revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
5.2 Europe Visible Light Communication Market Analysis, by End-user Application
     5.2.1 Europe Visible Light Communication Market Revenue, by End-user Application, 2013 – 2022 (US$ Mn)
5.3 Europe Visible Light Communication Market Analysis, by Data Rate
     5.3.1 Europe visible light communication market revenue, by data rate, 2013 – 2022 (US$ Mn)
5.4 Europe Visible Light Communication Market Analysis, by Distance
     5.4.1 Europe visible light communication revenue, by distance, 2013 – 2022 (US$ Mn)
5.5 Europe Visible Light Communication Market Analysis, by Communication Type
     5.5.1 Europe visible light communication revenue, by communication type, 2013 – 2022 (US$ Mn)
5.6 Europe Visible Light Communication Market Analysis, by Geography
     5.6.1 EU5 (The U.K., Italy, Spain, France and Germany)
           5.6.1.1 EU5 visible light communication market revenue, 2013 – 2022 (US$ Mn)
     5.6.2 CIS
           5.6.2.1 CIS visible light communication market revenue, 2013 – 2022 (US$ Mn)
     5.6.3 Scandinavia
           5.6.3.1 Scandinavia visible light communication market revenue, 2013 – 2022 (US$ Mn)
     5.6.4 Rest of the Europe
           5.6.4.1 Rest of the Europe visible light communication market revenue, 2013 – 2022 (US$ Mn)
 
Chapter 6 Asia Pacific Visible Light Communication Market Analysis
6.1 Overview
     6.1.1 Asia Pacific visible light communication market revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
6.2 Asia Pacific Visible Light Communication Market Analysis, by End-user Application
     6.2.1 Asia Pacific visible light communication market revenue, by end-user application, 2013 – 2022 (US$ Mn)
6.3 Asia Pacific Visible Light Communication Market Analysis, by Data Rate
     6.3.1 Asia Pacific visible light communication market revenue, by data rate, 2013 – 2022 (US$ Mn)
6.4 Asia Pacific Visible Light Communication Market Analysis, by Distance 
     6.4.1 Asia Pacific visible light communication market revenue, by distance, 2013 – 2022 (US$ Mn)
6.5 Asia Pacific Visible Light Communication Market Analysis, by Communication Type
     6.5.1 Asia Pacific visible light communication market revenue, by communication type, 2013 – 2022 (US$ Mn)
6.6 Asia Pacific Visible Light Communication Market Analysis, by Geography
     6.6.1 Japan
           6.6.1.1 Japan visible light communication market revenue, 2013 – 2022 (US$ Mn)
     6.6.2 China
           6.6.2.1 China visible light communication market revenue, 2013 – 2022 (US$ Mn)
     6.6.3 Rest of Asia Pacific
           6.6.3.1 Rest of Asia Pacific visible light communication market revenue, 2013 – 2022 (US$ Mn)
 
Chapter 7 Middle East and Africa Visible Light Communication Market Analysis
7.1 Overview
     7.1.1 Middle East and Africa visible light communication market revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
7.2 Middle East and Africa Visible Light Communication Market Analysis, by End-user Application
     7.2.1 Middle East and Africa visible light communication market revenue, by end-user application, 2013 – 2022 (US$ Mn)
7.3 Middle East and Africa Visible Light Communication Market Analysis, by Data Rate
     7.3.1 Middle East and Africa visible light communication market revenue, by data rate, 2013 – 2022 (US$ Mn)
7.4 Middle East and Africa Visible Light Communication Market Analysis, by Distance
     7.4.1 Middle East and Africa visible light communication revenue, by distance, 2013 – 2022 (US$ Mn)
7.5 Middle East and Africa Visible Light Communication Market Analysis, by Communication Type
     7.5.1 Middle East and Africa visible light communication revenue, by communication type, 2013 – 2022 (US$ Mn)
7.6 Middle East and Africa (MEA) Visible Light Communication Market Analysis, by Geography
     7.6.1 GCC Countries
           7.6.1.1 GCC Countries visible light communication market revenue, 2013 – 2022 (US$ Mn)
     7.6.2 Israel
           7.6.2.1 Israel visible light communication market revenue, 2013 – 2022 (US$ Mn)
     7.6.3 Rest of the Middle East and Africa
           7.6.3.1 Rest of the MEA visible light communication market revenue, 2013 – 2022 (US$ Mn)
 
Chapter 8 Latin America Visible Light Communication Market Analysis
8.1 Overview
     8.1.1 Latin America visible light communication market revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
8.2 Latin America Visible Light Communication Market Analysis, by End-user Application
     8.2.1 Latin America visible light communication market revenue, by end-user application, 2013 – 2022 (US$ Mn)
8.3 Latin America Visible Light Communication Market Analysis, by Data Rate
     8.3.1 Latin America visible light communication market revenue, by data rate, 2013 – 2022 (US$ Mn)
8.4 Latin America Visible Light Communication Market Analysis, by Distance
     8.4.1 Latin America visible light communication market revenue, by distance, 2013 – 2022 (US$ Mn)
8.5 Latin America Visible Light Communication Market Analysis, by Communication Type
     8.5.1 Latin America visible light communication market revenue, by communication type, 2013 – 2022 (US$ Mn)
8.6 Latin America Visible Light Communication Market Analysis, by Geography, 2013 – 2022 (US$ Mn)
     8.6.1 Mexico
           8.6.1.1 Mexico visible light communication market revenue, 2013 – 2022 (US$ Mn)
     8.6.2 Rest of Latin America
           8.6.2.1 Rest of Latin America visible light communication market revenue, 2013 – 2022 (US$ Mn)
 
Chapter 9 Company Profiles
9.1 Axrtek
9.2 Fraunhofer Heinrich Hertz Institute
9.3 Nakagawa Laboratories, Inc.
9.4 Outstanding Technology Co. Ltd.
9.5 pureLiFi Ltd
9.6 Koninklijke Philips N.V.
9.7 LVX System
9.8 Lightbee Corp
9.9 General Electric Company
9.10 ByteLight, Inc. (Acuity Brands, Inc.)

List of Figures
 
FIG. 1 Visible Light Communication: Market Segmentation
FIG. 2 Visible Light Communication Market: Research Methodology
FIG. 3 Visible Light Communication Market: List of Primary Respondents
FIG. 4 Global Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
FIG. 5 Global Visible Light Communication Market Revenue, by End-user Application, 2014 (US$ Mn)
FIG. 6 Global Visible Light Communication Market Revenue, by Data Rate, 2014 (US$ Mn)
FIG. 7 Global Visible Light Communication Market Revenue, by Distance, 2014 (US$ Mn)
FIG. 8 Global Visible Light Communication Market Revenue, by Communication Type, 2014 (US$ Mn)
FIG. 9 Global Visible Light Communication Market Revenue, by Geography, 2014 (US$ Mn)
FIG. 10 Value Chain Analysis: Visible Light Communication Industry
FIG. 11 Market Attractiveness Analysis: Global Visible Light Communication Market, by End-user Application
FIG. 12 Global Visible Light Communication Market Revenue, by End-user Application, 2014 & 2022 (US$ Mn)
FIG. 13 Global Visible Light Communication Market for Retail Indoor Positioning Revenue, 2013 – 2022 (US$ Mn)
FIG. 14 Global Visible Light Communication Market for Underwater Communication Revenue, 2013 – 2022 (US$ Mn)
FIG. 15 Global Visible Light Communication Market for Connected Devices Revenue, 2013 – 2022 (US$ Mn)
FIG. 16 Global Visible Light Communication Market for Hospitality Revenue, 2013 – 2022 (US$ Mn)
FIG. 17 Global Visible Light Communication Market for In-flight Communication/ Infotainment Revenue, 2013 – 2022 (US$ Mn)
FIG. 18 Global Visible Light Communication Market for Automobile and Transport Revenue, 2013 – 2022 (US$ Mn)
FIG. 19 Global Visible Light Communication Market for Light-based Internet Revenue, 2013 – 2022 (US$ Mn)
FIG. 20 Global Visible Light Communication Market for Other Applications Revenue, 2013 – 2022 (US$ Mn)
FIG. 21 Global Visible Light Communication Market Revenue, by Communication Type, 2014 & 2022 (US$ Mn)
FIG. 22 Global Unidirectional Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 23 Global Bidirectional Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 24 Global Visible Light Communication Market Revenue, by Distance, 2014 & 2022 (US$ Mn)
FIG. 25 Global Up To 10m Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 26 Global Above 10m Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 27 Global Visible Light Communication Market Revenue, by Data Rate, 2014 & 2022 (US$ Mn)
FIG. 28 Global Up To 1Mb/s Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 29 Global Above 1Mb/s Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 30 North America Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
FIG. 31 The U.S. Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 32 Canada Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 33 Europe Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
FIG. 34 EU5 Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 35 CIS Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 36 Scandinavia Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 37 Rest of the Europe Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 38 Asia Pacific Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
FIG. 39 Japan Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 40 China Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 41 Rest of the APAC Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 42 Middle East and Africa Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
FIG. 43 GCC Countries Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 44 Israel Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 45 Rest of the MEA Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 46 Latin America Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn) and Y-o-Y Growth (%)
FIG. 47 Mexico Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)
FIG. 48 Rest of Latin America Visible Light Communication Market Revenue, 2013 – 2022 (US$ Mn)

List of Tables
 
TABLE 1 Market Snapshot: Global Visible Light Communication Market, 2014 & 2022
TABLE 2 Impact Analysis of Drivers
TABLE 3 Impact Analysis of Restraints
TABLE 4 Global Visible Light Communication Market Revenue, by End-user Application, 2013 – 2022 (US$ Mn)
TABLE 5 Global Visible Light Communication Market Revenue, by Communication Type, 2013 – 2022 (US$ Mn)
TABLE 6 Global Visible Light Communication Market Revenue, by Distance, 2013 – 2022 (US$ Mn)
TABLE 7 Global Visible Light Communication Market Revenue, by Data Rate, 2013 – 2022 (US$ Mn)
TABLE 8 North America Visible Light Application Market Revenue, by End-user Application, 2013 – 2022 (US$ Mn)
TABLE 9 North America Visible Light Communication Market Revenue, by Data Rate, 2013 – 2022 (US$ Mn)
TABLE 10 North America Visible Light Communication Market Revenue, by Distance, 2013 – 2022 (US$ Mn)
TABLE 11 North America Visible Light Communication Market Revenue, by Communication Type, 2013 – 2022 (US$ Mn)
TABLE 12 Europe Visible Light Communication Market Revenue, by End-user Application, 2013 – 2022 (US$ Mn)
TABLE 13 Europe Visible Light Communication Market Revenue, by Data Rate, 2013 – 2022 (US$ Mn)
TABLE 14 Europe Visible Light Communication Market Revenue, by Distance, 2013 – 2022 (US$ Mn)
TABLE 15 Europe Visible Light Communication Market Revenue, by Communication Type, 2013 – 2022 (US$ Mn)
TABLE 16 Asia Pacific Visible Light Communication Market Revenue, by End-user Application, 2013 – 2022 (US$ Mn)
TABLE 17 Asia Pacific Visible Light Communication Market Revenue, by Data Rate, 2013 – 2022 (US$ Mn)
TABLE 18 Asia Pacific Visible Light Communication Market Revenue, by Distance, 2013 – 2022 (US$ Mn)
TABLE 19 Asia Pacific Visible Light Communication Market Revenue, by Communication Type, 2013 – 2022 (US$ Mn)
TABLE 20 Middle East and Africa Visible Light Communication Market Revenue, by End-user Application, 2013 – 2022 (US$ Mn)
TABLE 21 Middle East and Africa Visible Light Communication Market Revenue, by Data Rate, 2013 – 2022 (US$ Mn)
TABLE 22 Middle East and Africa Visible Light Communication Market Revenue, by Distance, 2013 – 2022 (US$ Mn)
TABLE 23 Middle East and Africa Visible Light Communication Market Revenue, by Communication Type, 2013 – 2022 (US$ Mn)
TABLE 24 Latin America Visible Light Communication Market Revenue, by End-user Application, 2013 – 2022 (US$ Mn)
TABLE 25 Latin America Visible Light Communication Market Revenue, by Data Rate, 2013 – 2022 (US$ Mn)
TABLE 26 Latin America Visible Light Communication Market Revenue, by Distance, 2013 – 2022 (US$ Mn)
TABLE 27 Latin America Visible Light Communication Market Revenue, by Communication Type, 2013 – 2022 (US$ Mn)

Visible Light Communication (VLC) is an emerging technology that uses visible light (which lies between 400 and 800 THz of electromagnetic spectrum) as a communication medium. VLC technology uses Light Emitting Diodes (LEDs) from a variety of sources such as indoor and outdoor lighting, monitors, illuminated signs, toys, televisions and other consumer electronics devices for communication purpose. Communication/data transfer is achieved through switching on and off of LEDs in wide range of applications.
 
The research report provides a detailed analysis of trends in visible light communication market. The report also includes extensive analysis of the industry drivers, restraints, opportunities and challenges. The market study provides comprehensive assessment of vendor’s strategies for succeeding in the business. The report segregates the market based on end-user application, data rate, distance, and communication type across different geographies, such as North America, Europe, Asia Pacific, Middle East and Africa and Latin America. For each of these geographies drivers, restraints and opportunities have been analyzed and have been provided in the report. Different regions analyzed in this report include India, China, Japan, The U.K., The U.S., Scandinavia, EU5 (Spain, Germany, Italy, UK, France), CIS, GCC Countries, Israel, South Africa and Mexico among others. The market research study analyzes the visible light communication market on global level, regional level and country level.
 
The research report estimates visible light communication market terms of revenue (US$ billion) for years 2013 and 2014, along with market forecast for the period 2015 to 2022. The detailed value chain analysis provided in the report assists ecosystem players to formulate their business strategies at every stage of their business. Moreover, the market estimates have been evaluated keeping in mind different environmental, technological, social, economic and legal factors. The market attractiveness of different end-user applications of visible light communication such as retail indoor positioning, underwater communication, hospitality, automotive and transport, connected devices, in-flight communication/infotainment, light based internet, others (aerospace and defense, mining, charging) elucidates the most attractive segment. This will help vendors in the ecosystem of visible light communication to invest in the right segment for gaining competitive advantage. 
 
Key players have also been profiled on the basis of financial overview, company overview, segmentation, business strategies, and recent developments in the visible light communication market. Market participants profiled in this report are pureLiFi, Ltd., ByteLight, Inc. (Acuity Brands, Inc.), Nakagawa Laboratories, Inc. Axrtek, Inc., Koninklijke Philips N.V., General Electric Lighting (General Electric Company), Outstanding Technology Co. Ltd., LVX System, Fraunhofer Heinrich Hertz Institute, Lightbee Corp. The research report also explains the market positioning of the key players in the ecosystem of the visible light communication market.
 
The segments considered within the scope of the report are – based on end-user application: retail indoor positioning, underwater communication, hospitality, automotive and transport, connected devices, in-flight communication/infotainment, light based internet, others (aerospace and defense, mining, charging); based on data rate: up to 1 Mb/s, above 1Mb/s; based on distance: up to 10m, above 10m; based on communication type: unidirectional, bidirectional. Out of these segments, currently, retail indoor positioning with distance up to 10m and data Rate up to 1Mb/s is the most attractive segment. Visible light communication market growth is mainly driven by growing adoption LED in wide range of applications. Increased energy-efficiency provided by visible light communication network is driving its adoption globally.
 
Market Segmentation of Global Visible Light Communication Market:
 
Global Visible Light Communication Market, by End-user Application
  • Retail indoor positioning
  • Underwater communication 
  • Hospitality
  • Automotive and transport 
  • Connected devices 
  • In-flight communication/infotainment
  • Light based internet
  • Others (aerospace and defense, mining, charging) 
Global Visible Light Communication Market, By Data Rate
  • Up to 1Mb/s
  • Above 1Mb/s
Global Visible Light Communication Market, By Distance
  • Up to 10m
  • Above 10m
Global Visible Light Communication Market, By Communication Type
  • Unidirectional
  • Bidirectional
Global Visible Light Communication Market, By Geography
  • North America
  • Europe
  • Asia Pacific 
  • Middle East and Africa
  • Latin America