1. Market Research
  2. > Electronics
  3. > Industrial Electronics
  4. > Lighting Market Trends
Li-Fi Market Global Forecast Industry Size, Growth Trends, Application, Region, Company Initiatives, Sales Analysis

Li-Fi Market Global Forecast Industry Size, Growth Trends, Application, Region, Company Initiatives, Sales Analysis

  • June 2021
  • 165 pages
  • ID: 6099585
  • Format: PDF
  • Renub Research

Summary

Table of Contents

Li-Fi Market Global Forecast Industry Size, Growth Trends, Application, Region, Company Initiatives, Sales Analysis

Li-Fi technology has become a necessity for human life, which is widely used as a medium for reliable communication.
Light Fidelity (Li-Fi) is a visible light communication, leads to a wireless optical networking technology that utilizes light to transfer data at tremendous speeds. Wireless mobile communication generations from 2G, 3G, and currently 4G took the most significant portion of this network technology with high subscriber demand every year. According to Renub Researh, Global Li-Fi Market is estimated to reach US$ 15,092.5 Million by 2027.

Worldwide, Li-Fi is a disruptive technology that is poised to revolutionize many industries. The technology can encourage Industry 4.0 applications, unlock the potential of IoT and lead to the future light-as-a-service (LaaS) in the lighting industry. The advent of machine type communication (MTC) and IoT corresponds to a demand of 12,000 times the current bandwidth regarding the same spectrum efficiency. The development of this technology is one of the crucial factors in the development of the global economy.

There were 4.66 Billion active internet users worldwide, 59.5 percent of the global population. Of this total, 92.6 per cent (4.32 Billion) accessed the internet via a mobile device; Smartphone has now become the most significant channel for internet access worldwide. Increasing penetration of smartphones and high demand for mapping portals is anticipated to stimulate the market in Li-Fi technology. As per our research findings, Worldwide Li-Fi Technology Market will grow with a CAGR of 68% during 2020-2027.

Globally, there is a rising deployment of LED lamps in the public and private industries. LED lamp are low power consumption, high durability, and high energy output are proliferating their demand in the Li-Fi lamp systems. As Li-Fi combines high-speed wireless data transmission and indoor lighting infrastructure, it is highly cost-effective to be broadly utilized in smart buildings. The requirement for highly secure and high-speed data communication is rising in various industries, such as healthcare, education sectors, retail, Aviation, Exhibition and others. It builds a strong demand for Li-Fi technology for efficient industrial operations.

By Region – Li-Fi Industry
North America endures the largest market share for the global light fidelity (Li-Fi) market. As the region has a well-established infrastructure, the implementation of advanced technology is accessible. It provides better connectivity, and there is a vast demand for Li-Fi technologies in US Navy. In addition, the increasing internet usage through smartphones and other electronic gadgets is fueling the Asia Pacific Li-Fi market demand. The rapid rise in the population of countries, including China, India, Malaysia and Japan, coupled with constantly declining prices of smartphones and other IoT devices, is creating a massive demand for internet connectivity or high data transfer speeds in the Asia Pacific region. For the year 2020, Global Li-Fi Mark Size was valued at US$ 399.6 Million.

The major players in the Li-Fi market are Verizon Communication Inc, Philips, General Electric, Signify Holding BV, Wipro LLC, and Getac Technology. These key players are adopting strategies to the lucrative path towards expanding their market share. In 2020, The Getac device to offer integrated Li-Fi the UX10 fully rugged tablet. Defence, Public Safety, energy, and manufacturing sectors have benefited from Getac’s Li-Fi Solutions.

This latest report “Global Li-Fi Market by Application (Smartphone, Standalone, Advance Tracker) by Type (Li-Fi Lamp, LifiDongal, Access Point, LiFi Kit) by Vertical (Healthcare, Education, Retails, Aviation, Exhibition, Others) by Component(Led, Photodetectors, MCU) by Region (North America, Europe, MiddleEast, Asia, Latin America) by Company Analysis (Verizon Communication Inc, Philips, General Electric, Signify Holding BV, Wipro LLC, Getac Technology)" studies the Global Li-Fi Industry. The report also comprises qualitative factors such as drivers, restraints, and opportunities.

Application – Global LiFi Market has been covered from 3 viewpoints
• Smartphone
• Standalone
• Advance Tracker

Type–Global LiFi Market has been covered from 4 viewpoints
1. LiFi Lamp
2. LifiDongal
3. Access Point
4. LiFi Kit

Vertical - Global LiFi Market has been covered from 6 viewpoints
1. Healthcare
2. Education
3. Retails
4. Aviation
5. Exhibition
6. Others

Component - Global LiFi Market has been covered from 3 viewpoints
1. Led
2. Photodetectors
3. MCU

Region - Global LiFi Market has been covered from 5 viewpoints
1. North America
2. Europe
3. Middle East
4. Asia
5. Latin America

Company Insights:
• Overview
• Company Initiatives
• Sales Analysis

Company Analysis:
1. Verizon Communication Inc
2. Philips
3. General Electric
4. Signify Holding BV
5. Wipro LLC
6. Getac Technology

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Li-Fi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • $ 2299
  • June 2021
  • 145 pages

The global Li-Fi market exhibited strong growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of around 45% during 2021-2026. Keeping in mind the uncertainties of ...

  • World
  • Location Based Service
  • ICT
  • Industry analysis
  • Lead Price

Global Luminaire Market 2015-2019 $ 2500 September 2015


ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on