From a geographical standpoint, North America and Europe are key regions that had a combined share of 60% in the global free space optics market. Thrust on research and development activities and early penetration of latest technology in these regions have served to fuel their markets. In fact, FSO technology has been in use by the U.S. military for several years primarily in the ship-to-ship and naval communications.
Free space optics communication is a technology that transmits data wirelessly for networking of computers and telecommunications. It is also known as free space photonics (FSP) or optical wireless.
The technology needs light which can be absorbed with the help of lasers or diodes that emit light. There are a lot of benefits that are associated with the free space optics communication technology like provision of high bandwidth, high security, flexible rollouts, low power usage.
A new research report has been added to the collection of Market Research Hub titled ‘Free Space Optics (FSO) Communication Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017 – 2025’. This exhaustive research report briefs the current market situation of the global free space optics communications market and also the market forecast for the period 2017 to 2025.
This includes the major drivers, which are driving the growth of market, the restraints that are limiting the market’s progress, and also the trends that are following the market, all of which can help the readers to understand the market in-depth and grab all the opportunities available to them during the projected period.
Global Free Space Optics Communications Market: Dynamics
There are a number of factors, which are driving the growth of global market for free space optics communications. One of the major driver is increase in use of the technology in military environments.
Free space optical communication is preferred more at the military base nowadays as it proves to be the most sustainable option for many military applications like ship to shore communications, ship to ship communications.
Other than this, free space optics communication market is also helped by incorporation of the technology in 3G and 4G networks. Furthermore, growth of developing economies, reduced costs are also some factors that has helped the global market for free space optics and will continue bolstering the market’s growth.
Global Free Space Optics Communications Market: Segmentation
The segmentation of global market for free space optics communications helps in simplifying a huge market which helps in efficiently understanding and studying the market. The segmentation bifurcates the market into different parts which are individually analyzed and also compared with each other to provide accurate results for the research report.
The global market for free space optics communication is segmented on the basis of components, application and geography. On the basis of components, the segments are transmitters, modulators, receivers, encoders, demodulators and decoders.
On the basis of application, the segments are storage area network, defense, security, data transmission, airborne applications, disaster recover, healthcare and last mile access. Based on geography, the segments are North America, Asia Pacific, Europe, MEA and South America.
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Global Free Space Optics Communications Market: Competitive Scenario
Many major companies in free space optics communications market are now advancing in the technology to lessen the effect of atmospheric weakening on the FSO signals. Also, the telecommunications industry is witnessing an exceptional growth.
Such moves can help trigger the growth of many businesses in the industry by offering them great opportunities to grow and expand. The report offers a brief profile of all the key players operating in the business which includes their future startegies too.
Some of those key players are Mostcom Ltd., Anova Technologies, Trimble Hungary, AOptix Technologies, Wireless Excellence Limited, Optelix, IBSENtelecom Ltd., LightPointe Communications, Harris Corporation, fSONA Networks Corp..
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