Light Fidelity Market Analysis By Global Industry Size, Share, Trends, Opportunity and Forecast 2024

Global Light Fidelity market is expected to grow at a double digit CAGR during the forecast period, owing to faster speed of data transmission, enhanced data security, no electromagnetic interference, and less power consumption. Based on the component, the Global Light Fidelity market has been segmented into LED, Photodetector, Software and Microcontroller. The software segment accounted for the largest share of the market in 2017 and is expected to grow at higher rate during the forecast period due to two-way communication by the Visible Light Communication(VLC) technology and efficient software support. Photodetector segment is expected to grow at the highest CAGR during the forecast period due to the commercialisation of bidirectional Visible Light Communication. Based on the transmission type, the Global Light Fidelity market is categorised into Unidirectional and Bidirectional. Bidirectional VLC is expected to grow at a higher rate during the forecast period, owing to the fact that full utilization of special features of VLC is possible only with bidirectional transmission. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Asia-Pacific is expected to dominate the market in the forecast period, due to the huge investments in telecom infrastructure and government funding.

Years considered for this report:

Historical Year : 2014 - 2017

Base Year : 2018

Estimated : 2019

Forecast : 2020 - 2024

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Objective of the Study:

  • To analyse and forecast the market size of Global Light Fidelity Market, in terms of value.
  • To classify and forecast Global Light Fidelity Market based on component, transmission type, application, end use industry and regional distribution.
  • To identify drivers and challenges for Global Light Fidelity Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Light Fidelity Market.
  • To conduct the pricing analysis for Global Light Fidelity Market.
  • To identify and analyse the profile of leading players involved in the Global Light Fidelity.


Some of the leading players in the Global Light Fidelity Market are Koninklijke Philips NV, General Electric Co., Bytelight Inc., Panasonic Corp., Purelifi Ltd, LVX System, Oledcomm, Lucibel, Outstanding Technology Co. Ltd and Axrtek, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the solution providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.

TechSci Research calculated the market size of Global Light Fidelity Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Assembly, testing, and packaging vendors
  • Technology, service, and solution providers
  • Intellectual property (IP) core and licensing providers
  • Suppliers and distributors
  • Government and other regulatory bodies
  • Technology investors
  • Research institutes and organizations
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration solution providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Light Fidelity Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Component:
    • LED
    • Photodetector
    • Software
    • Microcontroller
  • Market, By Transmission Type:
    • Unidirectional
    • Bidirectional
  • Market, By Application:
    • Underwater Communications
    • Location-Based Services
    • Indoor Applications
    • Outdoor Application
    • Smart Lighting
    • Others
  • Market, By End Use Industry:
    • Transportation
    • Automotive
    • Defense
    • Healthcare
    • Aviation
    • Others            
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
      • Netherlands
      • Switzerland
      • Norway
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Light Fidelity Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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