Published Date: 2019-06-20 | Pages: Ongoing | Tables: Ongoing | Report ID: 7244
Industry: Electronics & Semiconductor
Free space optics (FSO) is an optical communication technology that is responsible for broadband communications, which it creates using the propagated light in a free space. This technology offers high-speed data transmission, which is its biggest driving force. The use of high-bandwidth applications, influx of online video content, and a growing number of mobile internet users have led to the rise of the internet traffic in the near future. As the use of smartphones is increasing, it is leading to bigger avenues for mobile advertising through SMS and MMS, creating a higher need for seamless data transmission.
The research report on free space optics market looks into the drivers and restraints influencing the trajectory of the market. It highlights the leading segments and offers global market figures after a careful evaluation.
Free Space Optics Market: Drivers, Opportunities, and Restraints
The increasing use of internet and data traffic from mobile applications includes a number of online users, which have grown tremendously with the production of smartphones, tablets, and other wireless electronic devices. Numerous consumer electronics devices include better technologies, such as the LED display, which is integrated into their user interface, that implements VLC connectivity that is inexpensive and easy to deploy. Free space optical frameworks support swift communication, which is eventually supporting market growth. The steady growth in the communications sector is expected to drive the global market for free space optics in the near future.
The free space optics market has certain restraints as well. Environmental interference is expected to play as a potential restraint for the global FSO market. Free space optics communication can be interrupted due to fog and other atmospheric turbulence such as storm, heavy rain, hailstorm, and so on.
Free Space Optics Market: Segments
● Mobile Backhaul
● Enterprise Connectivity
● Disaster Recovery
Among all the major applications of free space optics, the mobile backhaul application is the leading one. The rising demand for mobile backhaul infrastructure will be due to availability of improved technological features such as high data rates, large bandwidth, free licensing, and easy placement in the FSO technologies.
● Encoders and Decoders
North America is the fastest-growing region in the global free space optics market. The ongoing trend of keeping abreast with the latest information technology and increasing adoption of wireless gadgets is expected to bode well for this regional market. Asia Pacific follows North America as the region has tremendous potential in terms with its huge population base and strengthening communications infrastructure.
Free Space Optics Market: Company Profile and Competitive Landscape
Trimble Hungary Ltd., Mostcom Ltd., AOptix Technologies Inc., Optelix, LightPointe Communications, Inc., IBSEN telecom Ltd., Harris Corporation, Anova Technologies, fSONA Networks Corp., and Wireless Excellence Limited and others are some of the key players operating in the global free space optics market. These companies are creating a very strong impact when it comes to the global free space optics market.
For instance, Mostcom participated in the International Forum “Army-2018” as part of the innovation club. The company showcased its wireless optical equipment to install on stationary buildings and structures with transmission speeds of up to 40 Gbit /s, along with solutions for organizing wireless high-speed optical communications between mobile, cars, aircraft, surface ships, and spacecraft. These innovative solutions is expected to help companies realize their expansion strategies.
Free Space Optics Market: Research Methodology
The research analysts of the QY Research have thoroughly analysed the global free space optics market. The research report presents the most reliable and trustworthy compilation of latest information, essential for accurate decision making. The team provides the latest data of the current market scenario, confirmed by both primary and secondary research.
The reports provided by the team is aimed at helping the clients to achieve their business objectives. The global free space optics market report comes with a detailed analysis of the trends, demands, prospects, and revenue structures. The segment discussion focuses on the core or niche area of the market to get the most scientific approach at making for making the right decisions.
Reasons to Buy this Report
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● For identifying significant trends, drivers, influence factors in global, and regions.
NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.
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