United States $6.91 Bn Visible Light Communication (VLC) Market Research, Competition, Forecast & Opportunities, 2019-2023 & 2024-2029

Dublin, Jan. 09, 2025 (GLOBE NEWSWIRE) — The “United States Visible Light Communication Market, By Region, Competition Forecast & Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering.

The United States Visible Light Communication Market was valued at USD 1.03 Billion in 2023, and is expected to reach USD 6.91 Billion by 2029, rising at a CAGR of 37.13%.

The United States Visible Light Communication (VLC) market is experiencing significant growth, driven by the increasing demand for high-speed wireless communication solutions and the proliferation of LED lighting technology. VLC, utilizing visible light spectrum for data transmission, presents a unique alternative to traditional radio frequency (RF) communication methods, offering benefits such as higher bandwidth, enhanced security, and reduced interference. As businesses and consumers alike become more reliant on seamless connectivity, VLC is emerging as a viable solution for indoor networking, smart lighting systems, and various other applications.

The market is witnessing increased adoption across multiple sectors, including telecommunications, healthcare, retail, and transportation. In the telecommunications sector, VLC is being integrated with existing infrastructures to augment connectivity in areas with high data traffic. Healthcare facilities are leveraging VLC for secure data transmission, especially in environments where RF signals could pose risks, such as operating rooms or sensitive areas. In retail, VLC is enabling innovative marketing strategies through location-based services, enhancing customer engagement and experience. Furthermore, in the transportation sector, VLC technology is being explored for vehicle-to-vehicle communication and intelligent traffic management systems, promoting enhanced safety and efficiency on the roads.

The growing emphasis on energy efficiency and sustainability is also propelling the VLC market. The convergence of LED lighting and communication technology allows for the dual use of lighting fixtures, providing a cost-effective solution for both illumination and data transmission. As urban areas continue to embrace smart city initiatives, VLC is positioned as a key technology in achieving these goals, facilitating the development of interconnected systems that improve the quality of urban living.

Despite its potential, the VLC market faces challenges, including the need for robust standardization and interoperability among devices. Additionally, environmental factors such as sunlight and physical obstructions can affect signal quality, necessitating further advancements in technology to mitigate these issues. Nevertheless, with ongoing research and development efforts, coupled with the increasing integration of IoT and smart technologies, the United States VLC market is poised for continued expansion. As industries recognize the advantages of VLC, it is expected to play a crucial role in shaping the future of wireless communication.

Component Insights

Transmitters segment dominated in the United States Visible Light Communication market in 2023, due to several key factors. First and foremost, transmitters are essential components of any VLC system, responsible for converting electrical signals into light signals that can be transmitted through LED bulbs. As industries increasingly adopt LED technology for its energy efficiency and longevity, the integration of transmitters into these systems has become more prevalent.

The rapid growth of smart lighting solutions has further propelled the transmitters segment. With the rise of smart cities and IoT applications, there is a significant demand for lighting systems that can also serve as communication nodes. Transmitters equipped with advanced modulation techniques enable high-speed data transmission over existing lighting infrastructure, making them integral to smart lighting applications. This capability not only enhances the functionality of lighting systems but also provides a platform for various data services, such as real-time monitoring and location-based services.

Moreover, the increasing emphasis on data security is driving the demand for VLC systems, which rely heavily on transmitters. Unlike traditional wireless communication methods, VLC’s use of light beams provides a more secure communication medium since the signals are confined to line-of-sight, minimizing the risk of unauthorized interception. As organizations across sectors prioritize secure data transmission, the importance of reliable transmitters in VLC systems cannot be overstated. Advancements in transmitter technology, including improved data rates and modulation techniques, have made VLC solutions more attractive to businesses. These innovations enable more robust performance and greater flexibility in various applications, ranging from retail and healthcare to transportation and telecommunications.

Key Attributes:

Report Scope:

Key Market Players

• Signify N.V.
• Universal Display Corporation
• pureLiFi Ltd
• LiFi Group
• General Electric Company
• Samsung Electronics Co., Ltd.
• Lightpointe Communications, Inc.,
• Acuity Brands, Inc.
• Luceco Plc
• Renesas Electronics Corporation

United States Visible Light Communication Market, By Component:

• Transmitters
• Receivers
• LEDs
• Photodetectors

United States Visible Light Communication Market, By Application:

• Indoor Networking
• Outdoor Networking
• Healthcare
• Automotive

United States Visible Light Communication Market, By Technology:

• Li-Fi
• Visible Light Positioning Systems

United States Visible Light Communication Market, By Region:

• Northeast
• Southwest
• West
• Southeast
• Midwest

For more information about this report visit https://www.researchandmarkets.com/r/s5bek0

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• U.S. Visible Light Communication Market