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New report: Free space optics market to grow at 41.42% CAGR to 2021

New report: Free space optics market to grow at 41.42% CAGR to 2021

The Global Free Space Optics Market 2017-2021 report covers the market landscape and its growth prospects over the coming years.

- Agency -.

Commenting on the free space optics market report, an analyst says one trend in the market is commercialization of FSO technology for two-way communication. There are numerous ways to achieve two-way communication using FSO.

These procedures depend on the application. A receiver and transmitter are placed at either end of the communications link.

This combined unit is called a transceiver.”

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- Agency -.

The analysts forecast global free space optics market to grow at a CAGR of 41.42% during the period 2017-2021. Free space optics (FSO) technology is one of the optical wireless communication technologies.

It is a license-free technology and has many features, such as easy installation, high-speed data transmission rate, secure data transfer, and high ROI. FSO uses invisible beams of light to enable optical bandwidth connections.

FSO technology is a line-of-sight technology that can transmit up to 2.5 Gbps of data, voice, and video communications instantly through thin air without the use of any physical cable. It uses lasers and photodetectors.

FSO enables optical communications at the speed of light.

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Key players in the global free space optics market: fSONA Networks, LightPointe Communications, and Wireless Excellence. Other Prominent Vendors in the market are: Plaintree Systems, and Trimble Hungary.

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Further, the report states that one challenge in the market is dominance of competing technologies. Wi-Fi and WiMAX technology-based devices have dominated the market for decades.

These technologies have replaced analog and digital technologies in different sectors. Reliable and efficient network connectivity helps in the proper monitoring and control of home appliances.

Smart systems, including smart homes, connected cars, smart manufacturing systems, and smart grid management systems, are gaining momentum with the introduction of high-speed Internet services by leading Internet service providers, such as AT&T, Comcast, Sprint, and Verizon.

List of Exhibits

Exhibit 01: Comparison of speed of different wireless technologies
Exhibit 02: Global free space optics market: Overview
Exhibit 03: Comparison of IR communication and visible light communication
Exhibit 04: Comparison between RF and FSO
Exhibit 05: Global FSO market 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global FSO market by application 2016 (% share)
Exhibit 08: Global FSO market by application 2016-2021 (% share)
Exhibit 09: Global FSO market by application 2016-2021 ($ millions)
Exhibit 10: Global FSO market by communications 2016-2021 ($ millions) and more..

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