The increasing demand for wireless sensing systems has led to the exploration of alternative technologies to overcome the spectrum scarcity of traditional approaches based on radio frequency (RF) waves or microwaves. Incoherent light sources such as light-emitting diodes (LED), paired with light sensors, have the potential to become an attractive option for wireless sensing due to their energy efficiency, longer lifespan, and lower cost. Although coherent light or laser may present safety risks to human eyes and skin, incoherent visible and infrared light has low intensity, and does not harm the human body. Incoherent light has the potential to supersede other wireless sensing technologies, namely RF, laser and camera, by providing many additional benefits including easy implementation, wide bandwidth, reusable frequency, minimum interference, enhanced privacy and simpler data processing. However, the application of incoherent light in the wireless sensing domain is still in its infancy and is an emerging research topic. This study explores the enormous potential and benefits of incoherent visible and infrared light in wireless sensing through various indoor and outdoor applications including speed estimation of vehicles, human vitals monitoring, blood glucose sensing, gesture recognition, occupancy estimation and structural health monitoring.