Global Free Space Optics Market 2017-2021
About Free Space Optics
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.
Technavio’s analysts forecast the global free space optics market to grow at a CAGR of 41.42% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global free space optics market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Free Space Optics Market 2017-2021
Technavio recognizes the following companies as the 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.
Commenting on the report, an analyst from Technavio’s team said: “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.”
According to the report, one driver in the market is need for increased network bandwidth. The growth of the Internet bandwidth is driven by the proliferation of mobile computing devices, including smartphones, tablets, and wearables with new capabilities, and the emergence of disruptive technologies that shift the bandwidth usage by altering how users access the network. With the emergence of new mobile telecommunication standards such as 4G and 5G, consumers are now opting for higher bandwidth applications and services.
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.
fSONA Networks, LightPointe Communications, Wireless Excellence, Plaintree Systems, and Trimble Hungary.