Free Space Optics (FSO) Market is expected to reach US$ 3.22 Bn. by 2029 from US$ 0.35 Bn. in 2021 at a CAGR of 32%. The Free Space Optics (FSO) market is primarily driven by the factors such as last mile connectivity, free licensing of FSO, and alternative solution for overburdened RF technology for outdoor networking. The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.To know about the Research Methodology :- Request Free Sample Report Global Visible Light Communication (VLC) Market is expected to reach US$ 0.35 Bn by 2021 from US$ 3.22 Bn in 2029 at a CAGR of 32% (Detailed analysis of the market CAGR is provided in the report). The major factors driving this growth are faster and safer data transfer than other competing technologies; RF spectrum bandwidth crunch; no bandwidth limitation and less energy consumption; and greener, cleaner, and safer technology. Global Free Space Optics (FSO) market is segmented by applications, which includes Mobile Backhaul, Enterprise Connectivity, Disaster Recovery, Defence, Satellite, Healthcare, Security, Engineering and Design, and Others. Visible Light Communication (VLC) Market is segmented by components, and transmission type. By components, the market is segmented as LED, Photodetector, Microcontroller, and Software. The market is also segmented y transmission type, which includes Unidirectional, and Bidirectional. Geographically, the Free Space Optics (FSO) and Visible Light Communication (VLC)/Li-Fi Technology Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is expected to be largest market for Free Space Optics (FSO) and Visible Light Communication (VLC)/Li-Fi Technology market during the forecast period. The huge investments in telecom infrastructure, government funding and increasing military expenditure are the major reasons for the largest share of the FSO market in this region. In line with this, the government funding and deployment of several VLC systems in public, as well as commercial places, are the factors making the Americas a major consumer of VLC.
Free Space Optics (FSO) Market Key Highlights:
• Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints, and challenges for Global Free Space Optics (FSO) Market during the forecast period • Complete quantitative analysis of the industry from 2021 to 2029 to enable the stakeholders to capitalize on the prevailing market opportunities • In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain • Global Free Space Optics (FSO) Market analysis and comprehensive segmentation with respect to the applications, components, transmission type and geography to assist in strategic business planning • Global Free Space Optics (FSO) Market analysis and forecast for five major geographies North America, Europe, Asia Pacific, Middle East & Africa, Latin America and their key regionsFree Space Optics (FSO) Market Research Methodology
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get unbiased idea of the market. This exercise was done at country level to get fair idea of the market in countries considered for this study. Later this country specific data was accumulated to come up with regional numbers and then arrive at global market value for Global Free Space Optics (FSO) MarketFree Space Optics (FSO) Market Key Target Audience:
• Free Space Optics (FSO) and Visible Light Communication (VLC)/Li-Fi Technology material manufacturers • Raw material suppliers • Free Space Optics (FSO) and Visible Light Communication (VLC)/Li-Fi Technologytraders and distributors • Research & development institutions • Industry Associations Research report categorizes the Global Free Space Optics (FSO) and Visible Light Communication (VLC)/Li-Fi Technology - Product & Service Market based on display, type, lux range, applications, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Free Space Optics (FSO) and Visible Light Communication (VLC)/Li-Fi Technology - Product & Service Market with key developments in companies and market trends.Free Space Optics (FSO) Market Scope: Inquire before buying
Free Space Optics (FSO) Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 0.35 Bn. Forecast Period 2022 to 2029 CAGR: 32% Market Size in 2029: US $ 3.22 Bn. Segments Covered: by Applications • Mobile Backhaul • Enterprise Connectivity • Disaster Recovery • Defense • Satellite • Healthcare • Security • Engineering and Design • Others by Components • LED • Photodetector • Microcontroller • Software by Transmission Type • Unidirectional • Bidirectional by Region • North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America) Free Space Optics (FSO) Market Key Players
• Light Pointe Communications, Inc. • fSONA Networks Corp. • Plain tree Systems Inc. • Wireless Excellence Ltd. • Trimble Hungary Kft. • AIRLINX Communications, Inc. • Anova Financial Networks • L3Harris Technologies, Inc. • Mostcom Ltd. • SA PHOTONICS, INC. Frequently Asked Questions: 1. Which region has the largest share in Global Free Space Optics (FSO) Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Free Space Optics (FSO) Market? Ans: The Global Free Space Optics (FSO) Market is expected to grow at a CAGR of 32.00% during forecast period 2022-2029. 3. What is scope of the Global Free Space Optics (FSO) market report? Ans: Global Free Space Optics (FSO) Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Free Space Optics (FSO) market? Ans: The important key players in the Global Free Space Optics (FSO) Market are Koninklijke Philips N.V., General Electric Co., ByteLight, Inc. (Acuity Brands, Inc.), Panasonic Corp., LVX System, Oledcomm, pureLiFi Ltd., LightBee Corp., Outstanding Technology Corp., IBSENtelecom, and Supreme Architecture Inc. 5. What is the study period of this market? Ans: The Global Free Space Optics (FSO) Market is studied from 2021 to 2029.
Global Free Space Optics (FSO) Market
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. GLOBAL FREE SPACE OPTICS (FSO) TECHNOLOGY - PRODUCT & SERVICE MARKET, BY APPLICATIONS (2021-2029) 5.1. Introduction 5.2. Mobile Backhaul 5.2.1. Mobile Backhaul Market Overview 5.2.2. Mobile Backhaul Market Size & Forecast 5.3. Enterprise Connectivity 5.3.1. Enterprise Connectivity Market Overview 5.3.2. Enterprise Connectivity Market Size & Forecast 5.4. Disaster Recovery 5.4.1. Disaster Recovery Market Overview 5.4.2. Disaster Recovery Market Size & Forecast 5.5. Defence 5.5.1. Defence Market Overview 5.5.2. Defence Market Size & Forecast 5.6. Satellite 5.6.1. Satellite Market Overview 5.6.2. Satellite Market Size & Forecast 5.7. Healthcare 5.7.1. Healthcare Market Overview 5.7.2. Healthcare Market Size & Forecast 5.8. Security 5.8.1. Security Market Overview 5.8.2. Security Market Size & Forecast 5.9. Engineering and Design 5.9.1. Engineering and Design Market Overview 5.9.2. Engineering and Design Market Size & Forecast 5.10. Others 5.10.1. Others Market Overview 5.10.2. Others Market Size & Forecast 6. GLOBAL FREE SPACE OPTICS (FSO) - PRODUCT & SERVICE MARKET, BY COMPONENTS (2021-2029) 6.1. Introduction 6.2. LED 6.2.1. LED Market Overview 6.2.2. LED Market Size & Forecast 6.3. Photo detector 6.3.1. Photo detector Market Overview 6.3.2. Photo detector Market Size & Forecast 6.4. Microcontroller 6.4.1. Microcontroller Market Overview 6.4.2. Microcontroller Market Size & Forecast 6.5. Software 6.5.1. Software Market Overview 6.5.2. Software Market Size & Forecast 7. GLOBAL FREE SPACE OPTICS (FSO) TECHNOLOGY - PRODUCT & SERVICE MARKET, BY TRANSMISSION TYPE (2021-2029) 7.1. Introduction 7.2. Unidirectional Free Space Optics (FSO) 7.2.1. Unidirectional Free Space Optics (FSO) Market Overview 7.2.2. Unidirectional Free Space Optics (FSO) Market Size & Forecast 7.3. Bidirectional Free Space Optics (FSO) 7.3.1. Bidirectional Free Space Optics (FSO) Market Overview 7.3.2. Bidirectional Free Space Optics (FSO) Market Size & Forecast 8. GLOBAL FREE SPACE OPTICS (FSO) AND VISIBLE LIGHT COMMUNICATION (VLC) TECHNOLOGY - PRODUCT & SERVICE MARKET, BY GEOGRAPHY (2021-2029) 8.1. North America Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.1.1. North America Free Space Optics (FSO) Technology - Product & Service Market, By Applications 8.1.2. North America Visible Light Communication (VLC) Technology - Product & Service Market, By Components 8.1.3. North America Visible Light Communication (VLC) Technology - Product & Service Market, By Transmission Type 8.1.4. North America Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market, by Region 8.1.4.1. U.S. Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.1.4.2. Canada Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.1.4.3. Mexico Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.2. Europe Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.2.1. Europe Free Space Optics (FSO) Technology - Product & Service Market, By Applications 8.2.2. Europe Visible Light Communication (VLC) Technology - Product & Service Market, By Components 8.2.3. Europe Visible Light Communication (VLC) Technology - Product & Service Market, By Transmission Type 8.2.4. Europe Global Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market, by Region 8.2.4.1. France Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.2.4.2. Germany Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.2.4.3. U.K. Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.2.4.4. Italy Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.2.4.5. Spain Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.2.4.6. Rest of Europe Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.3. Asia Pacific Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.3.1. Asia-Pacific Free Space Optics (FSO) Technology - Product & Service Market, By Applications 8.3.2. Asia-Pacific Visible Light Communication (VLC) Technology - Product & Service Market, By Components 8.3.3. Asia-Pacific Visible Light Communication (VLC) Technology - Product & Service Market, By Transmission Type 8.3.4. Asia-Pacific Free Space Optics (FSO) and Visible Light Communication (VLC Technology - Product & Service Market, by Region 8.3.4.1. China Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.3.4.2. Japan Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.3.4.3. India Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.3.4.4. South Korea Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.3.4.5. Rest of Asia Pacific Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.4. Middle East & Africa Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.4.1. Middle East & Africa Free Space Optics (FSO) Technology - Product & Service Market, By Applications 8.4.2. Middle East & Africa Visible Light Communication (VLC) Technology - Product & Service Market, By Components 8.4.3. Middle East & Africa Visible Light Communication (VLC) Technology - Product & Service Market, By Transmission Type 8.4.4. Middle East & Africa Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market, by Region 8.4.4.1. South Africa Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.4.4.2. Rest of Middle East and Africa Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.5. Latin America Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.5.1. Latin America Free Space Optics (FSO) Technology - Product & Service Market, By Applications 8.5.2. Latin America Visible Light Communication (VLC) Technology - Product & Service Market, By Components 8.5.3. Latin America Visible Light Communication (VLC) Technology - Product & Service Market, By Transmission Type 8.5.4. Latin America Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market, by Region 8.5.4.1. Brazil Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 8.5.4.2. Rest of Latin America Free Space Optics (FSO) and Visible Light Communication (VLC) Technology - Product & Service Market 9. MARKET COMPETITION ANALYSIS 9.1 Market Share/Positioning Analysis 9.2 Key Innovators 9.3 Company Profiles 9.3.1 Light Pointe Communications, Inc. 9.3.1.1 Overview 9.3.1.2 Products/ End-User 9.3.1.3 Strategy 9.3.1.4 Key Developments 9.3.2 fSONA Networks Corp. 9.3.2.1 Overview 9.3.2.2 Products/ End-User 9.3.2.3 Strategy 9.3.2.4 Key Developments 9.3.3 Plain tree Systems Inc. 9.3.3.1 Overview 9.3.3.2 Products/ End-User 9.3.3.3 Strategy 9.3.3.4 Key Developments 9.3.4 Wireless Excellence Ltd. 9.3.4.1 Overview 9.3.4.2 Products/ End-User 9.3.4.3 Strategy 9.3.4.4 Key Developments 9.3.5 Trimble Hungary Kft. 9.3.5.1 Overview 9.3.5.2 Products/ End-User 9.3.5.3 Strategy 9.3.5.4 Key Developments 9.3.6 Koninklijke Philips N.V. 9.3.6.1 Overview 9.3.6.2 Products/ End-User 9.3.6.3 Strategy 9.3.6.4 Key Developments 9.3.7 General Electric Co. 9.3.7.1 Overview 9.3.7.2 Products/ End-User 9.3.7.3 Strategy 9.3.7.4 Key Development 9.3.8 ByteLight, Inc. (Acuity Brands, Inc.) 9.3.8.1 Overview 9.3.8.2 Products/ End-User 9.3.8.3 Strategy 9.3.8.4 Key Development 9.3.9 Panasonic Corp. 9.3.9.1 Overview 9.3.9.2 Products/ End-User 9.3.9.3 Strategy 9.3.9.4 Key Development 9.3.10 LVX System 9.3.10.1 Overview 9.3.10.2 Products/ End-User 9.3.10.3 Strategy 9.3.10.4 Key Development 9.3.11 Oledcomm 9.3.11.1 Overview 9.3.11.2 Products/ End-User 9.3.11.3 Strategy 9.3.11.4 Key Development 9.3.12 pureLiFi Ltd. 9.3.12.1 Overview 9.3.12.2 Products/ End-User 9.3.12.3 Strategy 9.3.12.4 Key Development 9.3.13 LightBee Corp. 9.3.13.1 Overview 9.3.13.2 Products/ End-User 9.3.13.3 Strategy 9.3.13.4 Key Development 9.3.14 Outstanding Technology Corp. 9.3.14.1 Overview 9.3.14.2 Products/ End-User 9.3.14.3 Strategy 9.3.14.4 Key Development 9.3.15 IBSENtelecom 9.3.15.1 Overview 9.3.15.2 Products/ End-User 9.3.15.3 Strategy 9.3.15.4 Key Development 9.3.16 Supreme Architecture Inc. 9.3.16.1 Overview 9.3.16.2 Products/ End-User 9.3.16.3 Strategy 9.3.16.4 Key Development 9.3.17 AIRLINX Communications, Inc. 9.3.17.1 Overview 9.3.17.2 Products/ End-User 9.3.17.3 Strategy 9.3.17.4 Key Development 9.3.18 Anova Financial Networks 9.3.18.1 Overview 9.3.18.2 Products/ End-User 9.3.18.3 Strategy 9.3.18.4 Key Development 9.3.19 L3Harris Technologies, Inc. 9.3.19.1 Overview 9.3.18.2 Products/ End-User 9.3.19.3 Strategy 9.3.19.4 Key Development 9.3.20 Mostcom Ltd. 9.3.20.1 Overview 9.3.20.2 Products/ End-User 9.3.20.3 Strategy 9.3.20.4 Key Development 9.3.21 SA PHOTONICS, INC. 9.3.21.1 Overview 9.3.21.2 Products/ End-User 9.3.21.3 Strategy 9.3.21.4 Key Development