South America Visible Light Communication Market is Estimated to Grow $337.08 Million by 2019 – New Report by MicroMarket Monitor

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South American visible light communication market is estimated to grow $337.08 million by 2019, at a CAGR of 56.0% from 2014 to 2019.

MicroMarket Monitor

MicroMarket Monitor

The Key Players of the South America Visible Light Communication Market include PureLiFi, Nakagawa Laboratories, Inc., LVX System, OLEDCOMM, and ByteLight.

The South America visible light communication market report defines and segments the concerned market for visible light communication technology with analysis and forecast of revenue. The South American visible light communication market is estimated to grow from $36.75 million in 2014 to $337.08 million by 2019, at a CAGR of 56.0% from 2014 to 2019.

Browse through the TOC of South America Visible Light Communication Market for an analysis of industry trends, segments and forecasts.

Visible light communication (VLC) is a data communications medium which uses visible light between 400 and 800 THz. This technology is one of the most advanced optical wireless communication technologies. The visible light communication market in South America is segmented with respect to components, applications, and geography.

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The components of VLC technology include LED, IR emitters, image sensors, and optocouplers. The applications of VLC include indoor networking, in-flight entertainment & communication, underwater communication, location-based service, and intelligent traffic system. The visible light communication market for wireless communications is estimated to grow with a CAGR of 56% from 2014 to 2019. Indoor networking application is the leading application, followed by location-based services in South America.

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On the basis of geography, the market is segmented into Brazil and Argentina. The market is led by Brazil with a market share of 91% in 2014. It is also the fastest-growing market, with an estimated CAGR of 58.0% from 2014 to 2019.

The report includes market share and value chain analyses, along with market metrics, such as drivers and restraints. In addition, it also presents a competitive landscape of the market and company profiles of key market players.

Related Report:

Europe Visible light communication Market

Visible light communication (VLC) technology, one of the advanced optical wireless communication technologies, in which light in the visible region (375nm-780nm) is used as a medium for data transfer. This transfer of data is secure, and the data transfer rates is high as compared to conventional wireless technologies like Wi-Fi, Bluetooth, and Wimax, which use radio waves for communication.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Semiconductor & Electronics industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Semiconductor & Electronics industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

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