Free Space Optics (FSO) Communication Market - By Platform (Terrestrial, Satellite, Airborne), By Application (Mobile Backhaul, Enterprise Connectivity, Disaster Recovery, Defense, Satellite) & Forecast, 2021-2027

Free Space Optics Communication Market Size

Free Space Optics (FSO) Communication Market size exceeded USD 200 million in 2020 and is estimated to grow at over 35% CAGR from 2021 to 2027. Rising penetration of smartphones is influencing the industry growth spectrum. Favorable government initiatives to enable seamless adoption of IoT in different industry verticals will also largely assist the rapid deployment of FSO communication systems throughout the global landscape. The growing demand for high-speed broadband connectivity and increasing technological advancements across the telecom & military sectors are driving the market expansion.
 

The COVID-19 restrictions globally resulted in increasing adoption of the work-from-home trend which resulted in rising demand for strong data transition. Moreover, the COVID-19 pandemic positively impacted the FSO communication market demand due to a significant rise in the BYOD trend.
 

Free Space Optics Communication Market Analysis

The terrestrial platform segment in Canada held around 45% of the revenue share in 2020 owing to its advantages such as high-speed optical communications links that are deployed for data transmission from satellites to terrestrial sites. The National Information and Communication Technology (NICT) is developing a terrestrial free-space optical communication network called INNOVA for future airborne and satellite-based optical communication projects. For instance, various ground stations and environmental monitoring stations across Japan are used to explore the site diversity concept.
 

In the UK, satellite application is expected to witness growth rate of about 40% through 2027 driven by the growing need for Satellite-to-Satellite communication across various applications. FSO communication systems require few onboard satellite resources due to their smaller form factor and easy to integrate into satellite platforms. This beneficial advantage is anticipated to support the free space optics communication market growth. The increasing government spending on R&D activities across FSO communication technology is also fueling the regional industry statistics.
 

North America is predicted to generate a revenue of above USD 1 billion by 2027 on account of rising digitalization that has enabled enterprises to expand the accessibility of their resources. Enterprises are deploying FSO communication systems for an extensive amount of data transmission. The increasing smartphone penetration, BYOD trend, and multiple government initiatives to accelerate digital transformation across enterprises are likely to spur the market revenue. The FSO communication technology is used across various applications such as mobile backhaul and satellite communication.
 

Free Space Optics Communication Market Share

Industry players are emphasizing on upgrading their product portfolios. For instance, in November 2021, Mostcom introduced a new free space optics equipment model, M1-GE-SL, that has features similar to M1-GE-L and will offer improved communication characteristics of up to 15 km. It includes several key features such as last-mile access, point-to-point links, services accelerations, and others.
 

Some of the major FSO communication market players include

• ADVA
• AIRLINX Communications, Inc.
• Cailabs
• CBL Communication by Light
• Collinear Networks, Inc.
• EC System
• fSONA
• Mostcom JSC
• Mynaric AG
• Plaintree
• Redline Infrastructure
• SA PHOTONICS, INC.

The market research report on free space optics (FSO) communication includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:

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Market, By Platform

• Terrestrial
• Satellite
• Airborne

Market, By Application

• Mobile Backhaul
• Enterprise Connectivity
• Disaster Recovery
• Defense
• Satellite
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • GCC