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South America Visible Light Communication Market worth $337.08 million by 2019


The Report “South America Visible Light Communication Market by Component (LED, IR Emitters, Image Sensor, Optocouplers) by Application (Indoor Networking, In-Flight Entertainment & Communication, Underwater Communication, Location-based Service, Intelligent Traffic System) by Geography (Brazil, Argentina) – Analysis and Forecasts to 2019”, is estimated to reach $337.08 million by 2019, growing at a CAGR of 56.0% from 2014 to 2019.

                                               

Browse through the TOC of the South America Visible Light Communication Market for an analysis of industry trends and segments, with the help of various tables and figures.

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Visible light communication (VLC) is a data communications medium which uses visible light between 400 and 800 THz. This technology is one of the most advanced optical wireless communication technologies. The visible light communication market in South America is segmented with respect to components, applications, and geography.

The components of VLC technology include LED, IR emitters, image sensors, and optocouplers. The applications of VLC include indoor networking, in-flight entertainment & communication, underwater communication, location-based service, and intelligent traffic system. The visible light communication market for wireless communications is estimated to grow with a CAGR of 56% from 2014 to 2019. Indoor networking application is the leading application, followed by location-based services in South America.

On the basis of geography, the market is segmented into Brazil and Argentina. The market is led by Brazil with a market share of 91% in 2014. It is also the fastest-growing market, with an estimated CAGR of 58.0% from 2014 to 2019.

The report includes market share and value chain analyses, along with market metrics, such as drivers and restraints. In addition, it also presents a competitive landscape of the market and company profiles of key market players.

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