VLC is a wireless technology that uses light emanated from LED bulbs in order to provide a network for high-speed communication parallel to Wi-Fi. This has led to it also being known as Li-Fi. Visible light spectrum is 10,000 times larger than radio frequency spectrum, and it is considered as an answer to the bandwidth limitations of radio frequency.The growth of the global VLC market is driven by several factors. One of the major drivers is the availability of high bandwidth, which ensures high data rate and data transfer. The congestion of RF spectrum is creating a demand for alternative sources of wireless technology such as Wi-Fi, Bluetooth, and ZigBee. The other drivers in the market are the efficiency and security offered by VLC systems, the visible light spectrum offering unlicensed use and high speed, and the fact that it is safe and applicable in almost all environments.

PART 01: Executive summary 6

PART 02: Scope of the report 17

PART 03: Research Methodology 22

PART 04: Introduction 25

Key market highlights 25

PART 05: Market landscape 27

Industry overview 27

Market overview 30

Market size and forecast 33

Five forces analysis 35

PART 06: Market segmentation by end-user 36

Global VLC market in retail 38

Global VLC market in consumer electronics 39

Global VLC market in automotive and transportation 40

Global VLC market in healthcare 41

Global VLC market in defense and security 42

PART 07: Market segmentation by application 43

Global VLC market in indoor networking 44

Global VLC market in LBS 45

Global VLC market in in-flight communication and

entertainment 46

Global VLC market in underwater communication 48

PART 08: Geographical segmentation 49

VLC market in Americas 51

VLC market in APAC 52

VLC market in EMEA 53

PART 09: Market drivers 54

Faster and safer data transfer 54

Availability of greater bandwidth 55

IoT enabled by VLC 55

Unlicensed use, high data density, and high data rates 56

PART 10: Impact of drivers 57

PART 11: Market challenges 59

Dominance of competing technologies 59

FOV alignment and shadowing 59

Design limitations 60

Limited coverage 60

PART 12: Impact of drivers and challenges 61

PART 13: Market trends 62

VLC-based 5G network 62

Adoption of LEDs 62

Increase in end-user applications 63

Commercialization of the technology for two-way

communication 64

PART 14: Vendor landscape 65

Competitive scenario 65

Key vendors 66

Other prominent vendors 71

PART 15: Appendix 74

List of abbreviations 74

PART 16: Explore Technavio 75