Optical Wireless Communication Market, Global Outlook and Forecast 2023-2028

Report ID: 1568853 | Published Date: Jan 2025 | No. of Page: 108 | Base Year: 2024 | Rating: 3.8 | Webstory: Check our Web story

Optical Wireless Communication is the ability to transmit data at ever higher speeds in the ultraviolet, visible and infrared spectrum. Li-Fi is a form of wireless communication technology that uses light to transfer data and location between devices.
This report contains market size and forecasts of Optical Wireless Communication in Global, including the following market information:
Global Optical Wireless Communication Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Optical Wireless Communication market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Visible light communication Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Optical Wireless Communication include Broadcom, General Electric, Honeywell International, Panasonic, Philips Lighting, Acuity Brand Lighting, Bridgelux, Harris and Purelifi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Optical Wireless Communication companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Optical Wireless Communication Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Optical Wireless Communication Market Segment Percentages, by Type, 2021 (%)
Visible light communication
Infrared communication
Ultraviolet communication
Global Optical Wireless Communication Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Optical Wireless Communication Market Segment Percentages, by Application, 2021 (%)
Retail
Industrial
Transportation
Healthcare
Infrastructure
Defense
Global Optical Wireless Communication Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Optical Wireless Communication Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Optical Wireless Communication revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Optical Wireless Communication revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Broadcom
General Electric
Honeywell International
Panasonic
Philips Lighting
Acuity Brand Lighting
Bridgelux
Harris
Purelifi
Qualcomm
Samsung Electronics
Sharp
Taiyo Yuden
Toshiba
Vishay Intertechnology

Frequently Asked Questions
Optical Wireless Communication Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Optical Wireless Communication Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Optical Wireless Communication Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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