2015-10-13

TechSci Research: U.S. VLC Market to Grow at CAGR of 20% Through 2020

According to recently released TechSci Research report, "United States Visible Light Communication Market Forecast &Opportunities, 2020", Visible Light Communication (VLC) market in the United States is projected to surpass grow at a CAGR of more than 20% during 2015 - 2020. The market is forecast to exhibit exponential growth during the forecast period on account of rising mobile data traffic, growing research & development activities, and increasing government support. Growing adoption of LED lights, coupled with rising awareness of high data transmission rate provided by VLC, is further driving the visible light communication market in the country.
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