COVID-19 Impact and Recovery Analysis | Visible Light Communication Market 2020-2024 | Growing Penetration of Automation Process in Industries to Boost Growth | Technavio

Technavio has announced its latest market research report titled Global Visible Light Communication Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the visible light communication market and it is poised to grow by USD 91.7 billion during 2020-2024, progressing at a CAGR of almost 81% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. fSONA Systems Corp., General Electric Co., Koninklijke Philips NV, and LVX System of fSONA Systems Corp., General Electric Co., Koninklijke Philips NV, LVX System of Companies, Nakagawa Laboratories Inc., Oledcomm, Panasonic Corp., pureLiFi Ltd., Renesas Electronics Corp., and Viavi Solutions Inc. are some of the major market participants. The growing penetration of the automation process in industries will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Growing penetration of the automation process in industries has been instrumental in driving the growth of the market.Visible Light Communication Market 2020-2024: Segmentation

Visible Light Communication Market is segmented as below:

  • End-user
    • Retail
    • Consumer Electronics
    • Automotive Transportation
    • Healthcare
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA
  • Application
    • Indoor Networking
    • LBS
    • ICE
    • Underwater Communication
    • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43300

Visible Light Communication Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our visible light communication market report covers the following areas:

  • Visible Light Communication Market Size
  • Visible Light Communication Market Trends
  • Visible Light Communication Market Industry Analysis

This study identifies faster and safer data transfer as one of the prime reasons driving the visible light communication market growth during the next few years.

Visible Light Communication Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the visible light communication market, including some of the vendors such as fSONA Systems Corp., General Electric Co., Koninklijke Philips NV, and LVX System of fSONA Systems Corp., General Electric Co., Koninklijke Philips NV, LVX System of Companies, Nakagawa Laboratories Inc., Oledcomm, Panasonic Corp., pureLiFi Ltd., Renesas Electronics Corp., and Viavi Solutions Inc. Backed with competitive intelligence and benchmarking, our research reports on the visible light communication market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Visible Light Communication Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist visible light communication market growth during the next five years
  • Estimation of the visible light communication market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the visible light communication market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of visible light communication market vendors

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Indoor networking - Market size and forecast 2019-2024
  • LBS - Market size and forecast 2019-2024
  • ICE - Market size and forecast 2019-2024
  • Underwater communication - Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by End-user

  • Market segments
  • Comparison by end-user
  • Retail - Market size and forecast 2019-2024
  • Consumer electronics - Market size and forecast 2019-2024
  • Automotive and transportation - Market size and forecast 2019-2024
  • Healthcare - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by end-user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver-Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • fSONA Systems Corp.
  • General Electric Co.
  • Koninklijke Philips NV
  • LVX System of Companies
  • Nakagawa Laboratories Inc.
  • Oledcomm
  • Panasonic Corp.
  • pureLiFi Ltd.
  • Renesas Electronics Corp.
  • Viavi Solutions Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The visible light communication market size has the potential to grow by USD 91.7 billion during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/