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(Wireless-NewsWire.Com, September 19, 2018 ) According to Verified Market Intelligence, the Global Free Space Optics (FSO) Market is projected to reach 3088.88 million by 2025 from an estimated value of 209.19 million in 2017, growing at a CAGR of 40.03% from 2018 to 2025.
The free space optics is an optics-based technology which mainly deals with light propagation and wireless transfer of data for telecommunications and other networking reasons. This technology is usually used in free space which can be air, a vacuum, etc. The concept in an antonym to optical fibers as it provides seamless and wireless connectivity.
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Convenient connectivity and the need to find an alternative to RF technology are the two main factors driving the global free space optics (FSO) market. Other than this, a high cost of installation and interference due to the environment could hamper the overall growth rate of the market at a global level.
The “Global Free Space Optics (FSO) Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Lightpointe Communications, Inc., FSONA Networks Corp., Plaintree Systems Inc., Wireless Excellence Ltd., Trimble Hungary Kft., Koninklijke Philips N.V., General Electric Co., Bytelight, Inc. (A Acuity Brand’s Company), and Panasonic Corp. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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