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Showing posts with the label Visible Light Communications (VLC) Market size
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The Global Visible Light Communication market is valued of $ 6.9mn during the forecast period 2017 -2023. As the developments pertaining to VLC are being executed incessantly complimented by the exponential rise in the data transfer due to on-going IoT wave will boost the market. Europe remained a significant market for VLC developments in 2017. The access and station point’s shipments in this region totaled around 4.7 thousand units in 2017 and is forecast to advantage at a CAGR of 153.6% while Americas evaluated to witness the highest   CAGR of nearly 178%   in the forecast period.  What is Visible Light Communication? Visible Light Communication is the sub segment of Optical Wireless Communication technologies. This communication technologies, data has been transferred using visible light in the range of 400 to 800 THz. Fluorescent light lamps are used in this technology for signal transmission at the rate of 10Kbps. What are the major applications of Visible Light Communication? U