Connectivity technology markets for VLC and Wi-Fi 7 forecast rapid growth through 2031

New market research reports from Mordor Intelligence, distributed by SEMABIZ, forecast significant growth in the next-generation connectivity sectors of Visible Light Communication (VLC) and Wi-Fi 7 through 2031.

The VLC market is projected to expand from $3.88 billion in 2025 to $38.57 billion by 2031, representing a compound annual growth rate (CAGR) of 41.25%. Growth is driven by the integration of data transmission into LED lighting for smart cities, healthcare, and retail. The life sciences sector is expected to see the highest growth rate at 42.49% due to the need for RF-free connectivity in cleanrooms.

Simultaneously, the Wi-Fi 7 market is expected to grow from $6.5 billion in 2025 to $35.66 billion by 2031, with a CAGR of 32.8%. This expansion is fueled by digital transformation, demand for multi-gigabit connections, and the allocation of the 6GHz band. While hardware currently dominates the market share, the services segment is projected to grow at a CAGR of 40.2% through 2031.