Visible light communication technology is still in the introductory phase. Indoor networking and location based services are the only applications that are quite penetrated in the market. Products for other applications (intelligent traffic management system, in-flight entertainment, and underwater communication) are expected to hit the market by the end of 2013. VLC may be implemented as a complementary technology to the existing wireless networks. VLC is expected to penetrate M2M communication, smart cities, power over Ethernet (PoE), wireless sensor networks, ubiquitous networks, augmented reality etc. after five years.Unlike VLC technology, FSO technology is commercialized in the market for quite some time. FSO technology is majorly used in military & aerospace applications due its secure and high speed data transmission rates. FSO is expected to be deployed in MAN (Metropolitan Area Network), service accelerating, last mile connectivity etc. applications in the near future.
Visible Light Communication (VLC)/Li-Fi Technology & Free Space Optics (FSO) Market (2013-2018) - By Component (LED, Image Sensor, Opto-couplers), Application (Indoor Networking, Underwater Communication, Location Based Service, ITS) & Geography
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