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The global Visible Light Communication market was valued at US$ 2416.9 million in 2022 and is projected to reach US$ 8507.2 million by 2029, at a CAGR of 19.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Visible Light Communication market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Visible Light Communication market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Visible Light Communication market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Visible Light Communication (VLC) is an emerging technology that uses visible light (which lies between 400 and 800 THz of electromagnetic spectrum) as a communication medium. VLC technology uses Light Emitting Diodes (LEDs) from a variety of sources such as indoor and outdoor lighting, monitors, illuminated signs, toys, televisions and other consumer electronics devices for communication purpose. Communication/data transfer is achieved through switching on and off of LEDs in wide range of applications.
This report aims to provide a comprehensive presentation of the global market for Visible Light Communication, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Visible Light Communication. This report contains market size and forecasts of Visible Light Communication in global, including the following market information:

• Global Visible Light Communication Market Revenue, 2018-2023, 2024-2030, ($ millions)
• Global top five companies in 2022 (%)

According to the report, one driver in market is availability of greater bandwidth. With an enhanced lighting technology, VLC will offer a much greater bandwidth. The illumination LEDs that are currently in use are designed to be of low bandwidth, as they are supposed to deliver a constant illumination at high power. Nevertheless, the sector is moving toward RGB, where each individual channel has a higher bandwidth. One can also add several different colors to multiplex that is over different channels. For instance, laser LEDs are incorporated in BMW i8 headlights to have a very long range communication, and these have even higher bandwidths.The bandwidth frequency spectrum offered by visible light is larger than that offered by RF bandwidth. VLC bandwidth ranges from 400 THz to 800 THz, and RF frequency offers a bandwidth range from 3 kHz to 300 GHz.
We surveyed the Visible Light 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 Visible Light Communication Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Visible Light Communication Market Segment Percentages, by Type, 2022 (%)

• Up to 1Mb/s Transmit Signals
• Above 1Mb/s Transmit Signals

Global Visible Light Communication Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Visible Light Communication Market Segment Percentages, by Application, 2022 (%)

• Retail Indoor Positioning
• Underwater Communication
• Hospitality
• Automotive And Transport
• Connected Devices
• In-Flight Communication
• Others

Global Visible Light Communication Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Visible Light Communication Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

• Key companies Visible Light Communication revenues in global market, 2018-2023 (estimated), ($ millions)
• Key companies Visible Light Communication revenues share in global market, 2022 (%)

key players include:

• FSONA Networks
• GE
• LightPointe Communications
• LVX System
• Nakagawa Laboratories
• Oledcomm
• Outstanding Technology
• Koninklijke Philips
• PureLiFi
• Avago Technologies
• Axrtek
• ByteLight
• Casio
• IBSENtelecom
• Lightbee
• Luciom
• Panasonic
• Plaintree Systems
• Renesas Electronics
• Supreme Architecture

Outline of Major Chapters: