United States Visible Light Communication Market is Expected to grow at a robust CAGR of 37.13% through 2029
The
increasing United States visible light communication market is driven by
integration with IoT and smart technologies, growing demand for secure
communication during the forecast period 2025-2029.
According
to TechSci Research report, “United
States Visible Light Communication Market – By Region, Competition, Forecast
& Opportunities, 2019-2029F, The United States Visible Light
Communication Market was valued at USD 1.03 Billion in 2023 and is expected to
reach USD 6.91 Billion in 2029 with a CAGR of 37.13% during the forecast
period. Supportive government initiatives and funding play a crucial role in
driving the growth of the United States VLC market. Recognizing the importance
of advanced communication technologies in fostering innovation and economic
growth, various federal and state government programs are investing in research
and development efforts related to VLC. These initiatives often aim to enhance
the United States’ global competitiveness in technology and telecommunications.
Government backing not only provides financial support but also encourages
collaboration among industry stakeholders, academic institutions, and research
organizations. As public and private sectors work together to develop VLC
technology further, the market is likely to benefit from increased investments,
improved infrastructure, and expanded applications, facilitating its growth in
the coming years.
The
retail sector is witnessing a marked increase in the adoption of VLC
technology, driven by the need for innovative marketing strategies and enhanced
customer engagement. Retailers are leveraging VLC to provide location-based
services, allowing them to deliver personalized promotions and offers to
customers based on their real-time locations within stores. By utilizing
VLC-enabled lighting systems, retailers can track customer movements and
preferences, creating tailored shopping experiences. This capability not only
boosts sales but also fosters customer loyalty. Furthermore, VLC can support
seamless communication between devices and systems, streamlining operations and
improving inventory management. As retailers continue to seek competitive
advantages through technology, the integration of VLC in marketing and customer
engagement strategies is expected to grow, significantly impacting the overall
market. Continuous advancements in VLC technology and research are propelling
the United States market forward. Ongoing research and development efforts are
focused on improving the efficiency, range, and robustness of VLC systems,
addressing challenges such as interference from ambient light and signal
degradation. Innovations in modulation techniques, such as orthogonal
frequency-division multiplexing (OFDM), are enhancing data transmission rates,
making VLC a more attractive solution for high-bandwidth applications.
Additionally, the emergence of hybrid communication systems that combine VLC
with traditional RF technologies is gaining traction, providing users with
flexible and robust communication solutions. As the market matures and
technology evolves, the potential applications of VLC are expected to expand,
driving increased interest and investment in this transformative communication
technology.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "
United States Visible Light Communication Market"
Based
on application Indoor Networking dominated in the United States Visible Light
Communication Market in 2023 primarily due to the increasing demand for
high-speed, reliable data transmission within confined environments. Indoor
spaces, such as offices, shopping malls, and airports, often experience network
congestion due to numerous connected devices, leading to slower internet speeds
and connectivity issues. VLC technology addresses these challenges by utilizing
visible light for data transfer, which can significantly enhance network
capacity and alleviate congestion. Moreover, the growing trend of smart
buildings and smart lighting solutions has further fueled the demand for indoor
VLC systems. As businesses and organizations increasingly adopt
energy-efficient lighting, integrating VLC technology into existing LED lighting
infrastructure offers a dual benefit: improved illumination and high-speed data
connectivity. This synergy not only optimizes operational efficiency but also
reduces costs associated with deploying separate lighting and communication
systems.
Additionally,
the indoor networking segment benefits from the heightened focus on security
and privacy. Unlike traditional wireless networks, VLC systems do not penetrate
walls, providing a more secure communication channel that minimizes the risk of
unauthorized access. This aspect is particularly appealing to sectors such as
healthcare, finance, and education, where data security is paramount. The rise
of the Internet of Things (IoT) also contributes to the dominance of indoor
networking applications in the VLC market. As IoT devices proliferate, the need
for seamless, high-speed connectivity becomes essential for effective data
exchange and real-time communication. VLC technology supports these
applications by delivering consistent performance without the interference
often encountered with radio frequency-based systems.
Based
on region, Southwest is the fastest growing region in the United States Visible
Light Communication Market during the forecast period. Many cities in the
region are investing in smart lighting systems that not only improve public
safety and energy efficiency but also integrate data communication
capabilities. This dual-purpose functionality aligns well with VLC’s core
strengths, making it an attractive option for urban planners and local
governments looking to enhance connectivity while reducing energy consumption.
The
educational and research institutions in the Southwest also play a vital role
in accelerating the growth of the VLC market. With numerous universities and
research centers focusing on cutting-edge technology, there is a robust
ecosystem for innovation and collaboration. These institutions often conduct
research and development projects that explore the potential applications of
VLC in various fields, further driving its adoption. Additionally, the
increasing prevalence of IoT devices in commercial and residential sectors
across the Southwest is boosting the demand for reliable and secure wireless
communication systems. VLC’s inherent security features, which limit signal
penetration to defined spaces, make it particularly appealing in environments
where data privacy is crucial.
Key
market players in the United States Visible Light Communication market are: -
- Signify
N.V.
- Universal
Display Corporation
- pureLiFi
Ltd
- LiFi
Group
- General
Electric Company
- Samsung
Electronics Co., Ltd.
- Lightpointe
Communications, Inc.,
- Acuity
Brands, Inc.
- Luceco
Plc
- Renesas
Electronics Corporation
Download Free Sample Report
Customers can also request
for 10% free customization on this report.
“The
United States Visible Light Communication (VLC) market presents significant
opportunities driven by the increasing demand for high-speed, secure, and
energy-efficient data transmission solutions. The growing adoption of smart
lighting systems in urban development and smart cities offers a dual benefit of
enhanced illumination and communication capabilities. Additionally, the rise of
IoT devices and the need for reliable indoor positioning systems create a
robust market for VLC technology. Industries such as retail, healthcare, and
transportation can leverage VLC for applications like asset tracking and
real-time data communication, further expanding its potential across diverse
sectors.Top of Form” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based Global
management consulting firm.
“United States Visible Light Communication
Market Segmented By Component (Transmitters, Receivers, LEDs, Photodetectors),
By Application (Indoor Networking, Outdoor Networking, Healthcare, Automotive),
By Technology (Li-Fi, Visible Light Positioning Systems), By Region,
Competition, Forecast and Opportunities, 2019-2029F,” has evaluated the future growth
potential of United States Visible Light Communication Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States Visible Light Communication
Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com