According to the latest market study released by Technavio, theglobal visible light communication (VLC) market is set to post a remarkable CAGR of close to 64% by 2019.

This research report titled ‘Global Visible Light Communication Market 2015-2019’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.

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The report segments the global visible light communication market into different types of application. They are:

  • Indoor networking
  • Location based services
  • Intelligent traffic systems
  • In-flight communication and entertainment
  • Underwater communication

Indoor networking market using VLC

The global indoor networking market using VLC is anticipated to reach close to USD 6 by 2019, growing at a CAGR of almost 65% during the forecast period.

Retailers can use VLC technology to enhance the shopping experience of customers, and improve the value delivered. About 60% of customers use mobile phones in retail stores, and around 70% of sales are made in the aisle. The use of this technology will further ensure that shoppers that are looking for specific goods on their shopping list will be directed to them easily.

Technavio’s lead semiconductor equipment industry analyst Asif Gani says, “The adoption of this technology, along with indoor position apps, will improve the targeted advertising of retailers and enhance their sales. Moreover, low data rates and existing infrastructure will reduce costs considerably.”

Location based services market using VLC

As GPS does not work in an indoor environment, the accepted technology for identifying location in such environment is the deployment of Wi-Fi AP. VLC can be used as an alternative to Wi-Fi due to its ability to offer accurate indoor locations, as numerous LED luminaires are generally installed in a building. A typical building has 10 times more LEDs than Wi-Fi APs. Higher density of LEDs will ensure precise pinpointing of mobile devices, thus resulting in improved accuracy. The adoption of LED lighting networks for their energy efficiency will add to the growth of the location based services segment.

Intelligent traffic systems market using VLC

The use of VLC technology in traffic systems will allow drivers to use smart devices or car headlights to connect and generate information such as traffic updates, shortest estimated time of arrival to a specific location (taking into account traffic congestion), and even for Internet access. This information can be transmitted to other cars using tail lights.

“Efficiency of these intelligent traffic systems may be affected due to noise, but such interference can be avoided by using specific colored lighting to transmit information, and programming the receivers to recognize specific wavelengths,” says Asif.

In-flight communication and entertainment market using VLC

VLC technology can be used in flights for entertainment or for providing Internet access as this technology does not interfere with flight avionics or any other electrical equipment in the surrounding area. Also, the use of VLC will reduce the amount of cabling required, which will ultimately reduce the weight of the aircraft, thereby increasing fuel efficiency and adding flexibility to seating layouts in the aircraft cabin.

Underwater communication using VLC

The use of radio frequency (RF) in water is impractical because of strong signal absorption, and the low bandwidth of acoustic waves disturb marine life. Therefore, VLC technology can be incorporated in the headlights of underwater devices or divers to facilitate communication. At present, underwater devices such as remotely operated underwater vehicles (ROV) are powered by wires. However, if VLC is used, these devices will be able to roam freely, and transmit and receive data from the surface.

The top vendors highlighted by Technavio’s research analysts in this report are:

  • pureLiFi
  • Oledcomm- France LiFi
  • Nakagawa Laboratories
  • Outstanding Technology
  • LightPointe Communications
  • fSONA Networks

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  • Global LED Lighting Market 2015-2019

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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