Li-Fi (Light Fidelity) is a high-speed wireless communication technology that utilizes visible light for data transmission, offering advantages such as higher capacity and safety in electromagnetic-sensitive areas. Compared to Wi-Fi, which relies on radio waves, Li-Fi can achieve faster speeds but has limitations including a short range and non-functionality in darkness. The Li-Fi market is expected to grow significantly, projected to reach over $6 billion annually by 2018.