Global Light Fidelity (LiFi) Technology Market is expected to reach $15,945.31 million by 2027 growing at a CAGR of 67.6% during 2019 to 2027.
Some of the key players profiled in the Light Fidelity (LiFi) Technology Market include Axrtek, Bytelight, Fujitsu, General Electric, Ibsentelecom Ltd., Koninklijke Philips N.V., Lightbee Corp., Lvx System, Oledcomm, Outstanding Technology, Panasonic, Purelifi Ltd., Qualcomm, Renesas Electronics and Supreme Architecture.
Necessity of high speed data transmission and data security, increasing technological advancements over Wi-Fi technology and rising popularity of data security are the major factors driving the market growth. However, limited range of communication is restraining the market growth.
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Li-Fi is a wireless communication technology which utilizes light to transmit position and data between devices. Li-Fi is a light communication system which is capable of transmitting data at higher speeds over the ultraviolet, visible light, and infrared spectrums.
Based on component, the light emitting diode (LED) segment accounted for considerable market share during the forecast period due to increased light emitting diode (LED) deployment at industries and commercial establishments.
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By geography, North America held largest market share during forecast period due to growing advancement of infrastructure technologies such as wireless sensor control, internet of things, big data and smartphones which will uplift the growth of the market.
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Product Types Covered: • Indoor
Transmission Types Covered: • Unidirectional Transmission
• Bidirectional Transmission
Components Covered: • Light Emitting Diode (LED) • Photodetectors • Microcontrollers (MCU) • Optical Sensors/Optical Wireless Technology • Software
Applications Covered: • Advance Tracker • Cellular Communication • Disaster Management • Hazardous Environment • Location-Based Services • Mobile Connectivity • Smart Store • Smart Phone • Standalone Tracker • Hospital • Intrinsically Safe Environments • Solar Panel • Seminars / Lecture Halls in Education System
• Others Applications
End Users Covered: • Retail and Consumer Goods • Electronics • Defense & Security • Power & Utilities • Aerospace & Aviation • Healthcare • Consumer Electronics • Government • Vehicle and Transportation • Education • Media & Entertainment • Information Technology (IT) & Telecommunications • Oil & Gas
• Other End Users
• North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa
o Rest of Middle East & Africa
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– Supply chain trends mapping the latest technological advancements
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