MarketsandMarkets Presents

Mobile Backhaul FSO application to account for significant share of FSO & VLC/Li-Fi market in 2023

The mobile backhaul application is projected to account for an extensive share of the FSO & VLC/Li-Fi market in 2023. The mobile backhaul application is expected to continue to account for the largest size of the FSO market during the forecast period. The increasing number of mobile devices and high-speed services accelerate the growth of traffic in mobile backhaul networks. For upgraded cellular backhaul, the implementation of FSO technology proves to be a cost-efficient and high-bandwidth solution. Hence, the mobile backhaul application is likely to generate high demand for FSO systems during the forecast period.