Free Space Optics Communication Industry: Projected For Healthy Growth Rate During The Forecast Period 2017 - 2025
The global market free space optics (FSO) communication is predicted to exhibit a highly positive growth trajectory in the forthcoming years, as reported by Transparency Market Research (TMR). According to the report, the market is dynamic due to the vicinity of a critical number of players of all sizes, big and small. A portion of the significant vendors in the worldwide free space optics market are AOptix Technologies Inc., Anova Technologies, fSONA Networks Corp., Optelix, LightPointe Communications, Inc., Wireless Excellence Limited, Mostcom Ltd., IBSENtelecom Ltd., Harris Corporation and Trimble Hungary Ltd. The global free space optics market is expected to exhibit a phenomenal 32.5% CAGR from 2017 to 2025, the forecast period. Expanding at this pace, the market which was worth US$92.2 mn in 2016 will likely become worth US$1.07 bn by 2025. Information Exchange to be Leading Segment due to Advent of IT Application-wise, the key sections of the worldwide free spa...