Burnaby, British Columbia,, Canada, October 14, 2015 --(PR.com
)-- According to recently released TechSci Research report, “United States Visible Light Communication Market Forecast & Opportunities, 2020”, the Visible Light Communication (VLC) market in the United States is projected to surpass growth at a CAGR of more than 20% during 2015 - 2020. The market is forecast to exhibit exponential growth during the forecast period on account of rising mobile data traffic, growing research & development activities, and increasing government support.Growing adoption of LED lights, coupled with rising awareness of high data transmission rate provided by VLC, is further driving the visible light communication market in the country.
The report reveals that VLC technology is capable of generating high data transmission rates, almost 10,000 times more than radio frequency spectrum, and uses LED lights for data transmission, which are over 6 times more energy efficient than standard light sources. Further, due to zero electromagnetic interference, VLC technology can also be deployed in radiation sensitive areas such as hospitals, nuclear plants, etc., where use of other communication technologies such as Wi-Fi is not viable. Moreover, various leading government and research institutions are investing heavily towards evolving visible light communication technology, to increase its data transmission range and enhance its architecture.
“Increasing adoption of Bring Your Own Devices (BYOD), rising internet connectivity, and growing number of connected devices are driving the use of VLC technology in indoor networking applications, location based applications, underwater communication, intelligent transportation system, etc. Indoor networking applications,involving use of VLC in residential complexes, business warehouses, commercial and public malls, indoor stadiums, etc., was the largest revenue generating segment in the market in 2014. In addition, VLC technology is also being increasingly used in advanced applications such as Internet of Things (IoT) and Machine to Machine (M2M) applications,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.