Free
Space Optics Market Revenue, Industry Growing Demand, Top Companies, Regional
Outlook Up To 2031

The global free space optics (FSO) market is anticipated to
grow at a significant CAGR during the forecast period (2024-2031). FSO (free
space optics) is an optical communication technology wherein data transmits by
the propagation of light in free space that enables optical connectivity. In
FSO, there is no requirement for the optical fiber cable. FSO is designed to
work similarly to OFC (optical fiber cable) networks, however, the only point
of differentiation lies in the fact that the optical beams are sent through
free air instead of OFC cores that is glass fiber. The market growth is majorly
attributed to factors including the growing demand for digital connectivity and
the increasing demand for higher and resilient bandwidth.

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Adding to this, the growth in the number of applications of
FSO related devices in the defense vertical, the rising adoption of 5G
networks, and the growing trend of adoption of better wireless infrastructures,
are the other factors driving the market growth. Talking about its application
in defense, the US has shown its substantial contribution in uplifting its
regional market growth. For instance, in November 2021, CACI International has
agreed to acquire SA Photonics for $275 million in a deal that complements its
existing Free Space Optical (FSO) communications capabilities for the US
Government and commercial customers and adds development and production
capacity.

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Market Coverage

• Segment
  Covered- 

o             By
Component

o             By
Application

• Competitive
  Landscape: Microsoft Corp., Schneider Electric SE, Dell, Inc., Cisco
  Systems, Inc., General Electric Co., Toshiba Corp., among others.

Key questions addressed by the report

• What
  is the market growth rate?


• Which
  segment and region dominates the market in base year?


• Which
  segment and region will project fastest growth in the market?


• How
  COVID-19 impacted the market?

o             Recovery
Timeline

o             Deviation
from pre-COVID forecast

o             Most
affected region and segment

• Who
  is the leader in the market?


• How
  players are addressing challenges to sustain growth?


• Where
  is the investment opportunity?

Global Free Space Optics Market Report Segmentation

By Component

•                
Transmitters

•                
Receivers

•                
Modulators

•                
Demodulators

•                
Encoders

•                
Decoders

By Application

•                
Storage Area Network

•                
Airborne

•                
Data Transmission

•                
Defense

•                
Security

•                
Disaster Recovery

•                
Others

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