Li-Fi Market Report, Future Growth, New Technologies, Development Factors and Forecast 2022-2027

According to IMARC Group latest report titled “Li-Fi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on Li-Fi market overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global Li-Fi market reached a value of US$ 283 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 4,231 Million by 2027, exhibiting a CAGR of 51.26% during 2022-2027.

Light fidelity (Li-Fi) is wireless optical communication technology that utilizes visible light communication (VLC), including ultraviolet (UV), visible light spectrum, or infrared spectrum, to transmit high-speed data. Additionally, it uses light to transmit information in a similar way to Wi-Fi using visible light. It is a visible light communication (VLC) system that uses common household LED light bulbs to enable data transmission, in which the LED bulbs are connected to a controller that modulates the light intensity at high speeds. As a result, it helps in high-speed and bidirectional communication transmitted through a wireless channel in a closed, controlled environment, such as an airplane, office, vehicle, hospital, or shopping complex. It is gaining widespread traction as it offers secure and high-speed connections among multiple devices.

Get a Free Sample Copy of this Report: https://www.imarcgroup.com/li-fi-market/requestsample

Market Trends:

The penetration of the internet of things (IoT) majorly drives the global market. This can be supported by the growing need for businesses and consumers to connect a variety of devices to the internet. Along with this, the growing demand for high-speed networks to stream video or audio is significantly supporting the market. In addition, the widespread adoption of Li-Fi in cars for enabling high-speed internet access and hands-free communication that aids in improving safety and improve driver experience is acting as another growth-inducing factor. Furthermore, continuous development in Li-Fi networking techniques, including mobility support, interference mitigation, and multiuser access, is creating a positive market outlook. Some of the other factors driving the market include the increasing need for improved energy management and the growing initiatives towards smart city development.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/li-fi-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • FSOna Networks Corp
  • General Electric Co.
  • LG Innotek
  • Lightpointe Communications
  • Lucibel
  • LVX System
  • Oledcomm
  • Philips
  • PureLi-Fi Ltd.
  • Semicon Light Company
  • Sunpartner Technologies
  • Wipro LLC

Li-Fi Market Segmentation:

Our report has categorized the market based on region, component, application, transmission type and end-user.

Breakup by Component:

  • LED Lamps
  • Optical Sensor
  • Microcontroller
  • Software
  • Others

Breakup by Application:

  • Indoor Networking
  • LBS (Location Based Services)
  • In-Flight Communication and Entertainment
  • Underwater Communication
  • Others

Breakup by Transmission Type:

  • Unidirectional
  • Bidirectional

Breakup by End-User:

  • Retail
  • Consumer Electronics
  • Automotive and Transportation
  • Healthcare
  • Defense and Security
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Browse Other Reports of IMARC Group:

Healthcare Furniture Market: https://www.imarcgroup.com/healthcare-furniture-market

Running Gear Market: https://www.imarcgroup.com/running-gear-market

Big Data Software Market: https://www.imarcgroup.com/big-data-software-market

Home Audio Equipment Market: https://www.imarcgroup.com/home-audio-equipment-market

Rainwater Harvesting Market: https://www.imarcgroup.com/rainwater-harvesting-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe:- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Popular posts from this blog

GCC LED Lighting Market Size, Trends, Growth, Forecast & Industry Report 2024-2032

Image
According to IMARC Group, the GCC led lighting market share reached us$ 876.9 million in 2023 . Looking forward, Imarc group expects the market to reach us$ 2,174.9 million by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2024-2032. The report has segmented the market by product type (panel lights, down lights, street lights, and others), application (residential, commercial, industrial, and others), import and domestic manufacturing (imports, domestic manufacturing), public and private sectors (public sector, private sector), outdoor and indoor application (indoor, outdoor), and region. Request to Get the Sample Report: https://www.imarcgroup.com/gcc-led-lighting-market/requestsample What is the LED Lighting Market ? Light Emitting Diode (LED) lighting has emerged as a transformative technology in the field of illumination, revolutionizing the lighting solutions are perceived and utilized. LEDs are semiconductor devices that emit light when an electrical current passes...
Read more

Blood Group Typing Market Size, Key Facts, Dynamics, Segments and Forecast Report 2023-2028

Image
  The new report by Expert Market Research titled, ‘Global  Blood Group Typing Market Size , Trend, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global blood group typing market. It assesses the market based on its segments like offerings, techniques, test types, end-uses, and major regions. Get a Free Sample Report with Table of Contents@   https://www.expertmarketresearch.com/reports/blood-group-typing-market/requestsample The key highlights of the report include: Market Overview 2018-2028 • Historical Market Size (2021):  USD 2 billion • Forecast CAGR (2023-2028):  9.10% • Forecast Market Size (2027):  USD 3.37 billion The market for blood group typing is being driven by the increasing prevalence of chronic diseases, along with the rising demand for blood from various end-users such as hospitals and clinics, research institutes, and blood banks, among others. The increasing number of emergencies and road accidents t...
Read more

Global Civil Engineering Market Size to Grow at a CAGR of 5.2% in the Forecast Period of 2023-2028

Image
The ‘Global   Civil Engineering Market Growth , Size, Share, Trend, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global civil engineering market, assessing the market on the basis of its segments like services, applications, customers, and major regions. The report studies the latest updates in the market, along with their impact across the market. It is also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models. Civil Engineering Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast The key highlights of the report include: Market Overview (2018-2028) • Forecast CAGR (2023-2028):  5.2% Civil engineering provides efficient and reliable assistance in building large structures, ensures environmental safety, facilitates coordination with transportation to manage traffic, and enables the understa...
Read more