Friday, January 10, 2025

U.S. Market for Visible Light Communication Valued at $6.91 Billion

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The United States Visible Light Communication (VLC) market is poised for substantial growth, projecting an increase from $1.03 billion in 2023 to $6.91 billion by 2029, with a compound annual growth rate (CAGR) of 37.13%. This surge is driven by the rising demand for high-speed wireless communication solutions and the integration of LED lighting technology, which allows for dual use as both a light source and a data transmission medium. VLC offers advantages over traditional radio frequency methods, including higher bandwidth, enhanced security, and reduced interference, making it increasingly popular across various sectors such as telecommunications, healthcare, retail, and transportation. Despite challenges related to standardization and environmental factors, advancements in transmitter technology and the growing trend toward energy efficiency and smart city initiatives position VLC as a critical component in the future of wireless communication.

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