According to the latest report by IMARC Group, the global li-fi market reached a value of US$ 283 Million in 2021. Light fidelity (Li-Fi) refers to the wireless technology that is generally used for communication. It involves the utilization of ultraviolet rays (UV), visible lights and infrared spectrum for transmitting the data. Along with this, it transmits at multiple gigabits, which makes it more reliable and virtually interference-free than radio technology, such as a cellular network.
2. Report Description
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3. Report Description
Report Description and Highlights
Global Li-Fi Market Outlook 2022-2027:
According to the latest report by IMARC Group, titled "Li-Fi Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2022-2027," the global li-fi market reached a value of US$
283 Million in 2021.
Light fidelity (Li-Fi) refers to the wireless technology that is generally used for communication. It
involves the utilization of ultraviolet rays (UV), visible lights and infrared spectrum for transmitting the
data. Along with this, it transmits at multiple gigabits, which makes it more reliable and virtually
interference-free than radio technology, such as a cellular network.
It is the latest paradigm in wireless optical technology that aims to improve the internet connectivity
in a localized environment while eliminating the utilization of optic cables for transferring of data.
Since it does not require a router, it is inexpensive, quick and secured, thereby gaining widespread
prominence across the globe.
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4. Report Description
Report Description and Highlights
Global Li-Fi Market Market Drivers/Constraints:
The global market is primarily driven by the growing need for high-speed internet connectivity among
the masses. This is supported by rapid digitization, along with the increasing investments in the
development of smart cities across emerging economies. Along with this, an enhanced focus on
sustainable development among individuals is providing a boost to the demand for Li-Fi technology.
The demand for Li-Fi is further impelled by continuous improvements in the information and
communications technology (ICT) infrastructure worldwide. Since the networking technology facilitates
improved data security in a closed and controlled environment, including airports and hospitals with
minimal power consumption, it is creating a positive market outlook.
Additionally, the rising funding by public and private agencies in order to upgrade the defense
infrastructure is, in turn, contributing to the escalating demand for Li-Fi across the globe. Other factors,
including rapid urbanization and extensive research and development (R&D) activities conducted by key
players, are also favorably influencing the market growth.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/li-fi-market
5. Report Description
Report Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Component:
• LED Lamps
• Optical Sensor
• Microcontroller
• Software
Breakup by Application:
• Indoor Networking
• LBS (Location Based Services)
• In-Flight Communication and Entertainment
• Underwater Communication
6. Report Description
Report Description and Highlights
Breakup by Transmission Type:
• Unidirectional
• Bidirectional
Breakup by End-User:
• Retail
• Consumer Electronics
• Automotive and Transportation
• Healthcare
• Defense and Security
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
7. Report Description
Report Description and Highlights
Competitive Landscape:
• 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
Note: We are updating our reports, If you want the report with the latest primary and secondary
data (2022-2027) including industry trends, market size and Competitive landscape, etc.
Click here: https://www.imarcgroup.com/li-fi-market/requestsample
8. Report Description
Key Questions Answered in the Report
1. What has been the historical growth rate of the global Li-Fi Market?
2. What has been the impact of COVID-19 on the global Li-Fi Market?
3. What are the key factors driving the global Li-Fi Market?
4. What is the breakup of the global Li-Fi Market based on the type?
5. What is the breakup of the global Li-Fi Market based on the application?
6. What is the breakup of the global Li-Fi Market based on the distribution channel?
7. What are the key regions in the global Li-Fi Market?
8. Who are the key players/companies in the global Li-Fi Market?
9. Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
10. Report Description Table of Contents
5 Global Li-Fi Market Industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Component
5.5 Market Breakup by Application
5.6 Market Breakup by Transmission Type
5.7 Market Breakup by End-User
5.8 Market Breakup by Region
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/li-fi-market/toc
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Partial List of Clients
12. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients