Li-Fi is a technology for wireless communication between devices using light to transmit data and position. In its present state only LED lamps can be used for the transmission of visible light. In technical terms, Li-Fi is a visible light communications system that is capable of transmitting data at high speeds over the visible light spectrum, ultraviolet and infrared radiation.
The Light Fidelity (Li-Fi) market is expected to register a CAGR of over 70.54% during the forecast period, 2019 – 2025.
The Light Fidelity (Li-Fi) market report is a most important research for who looks for complete information on the Light Fidelity (Li-Fi) market. The report covers all information on the global and regional markets including historic and future trends for market demand, size, trading, supply, competitors, and prices as well as global predominant vendor’s information. The forecast market information, SWOT analysis, Light Fidelity (Li-Fi) market scenario, and feasibility study are the vital aspects analyzed in this report.
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Top Leading Companies of Global Light Fidelity (Li-Fi) Market are Acuity Brand Lighting, General Electric, Koninklijke Philips, Lightbee Corp, LVX System Corp, PureLi-Fi, Oledcomm, Avago Technologies, Axrtek, ByteLight, Casio, IBSENtelecom, Panasonic, LightPointe Communications, Plaintree Systems, Lucibel, Firefly Wireless Networks and others.
The leading players of Light Fidelity (Li-Fi) industry, their market share, product portfolio, company profiles are covered in this report. The leading market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Light Fidelity (Li-Fi) players will help the industry aspirants in planning their strategies. The statistics offered in this report will be precise and useful guide to shape the business growth.
Global Light Fidelity (Li-Fi) Market Split by Product Type and Applications:
This report segments the global Light Fidelity (Li-Fi) market on the basis of Types are:
On the basis of Application, the Global Light Fidelity (Li-Fi) market is segmented into:
Regional Analysis for Light Fidelity (Li-Fi) Market:
For comprehensive understanding of market dynamics, the global Light Fidelity (Li-Fi) market is analyzed across key geographies namely United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.
The Americas is expected to hold the largest share of the Light Fidelity (Li-Fi) market during the forecast period. This is due to the huge investments in telecom infrastructure, government funding, and increasing military expenditure in Li-Fi technology
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Important Points of the Light Fidelity (Li-Fi) Market:
- The governments are making efforts in the ICT sector, owing to the increasing need for energy management. Owing to government initiatives in the ICT sector, such as implementing smart city transformations, players are enforced to invest and innovate in Li-Fi. For instance, ICT is at the heart of the seven-year Dubai Plan 2021, which builds on investment in advanced technology by the emirate’s leadership, in combination with some private sector technology companies.
- Moreover, the European Commission recognizes the enabling role that the ICT sector can play over the forecast period, like rendering buildings more energy efficient or improving the functioning of the electricity grid and managing water. The concept of smart city encompasses optimizing the efficiency of city operations and services and connect citizens.
- The limitations of the visible light provide Li-Fi with a security advantage over Wi-Fi. However, these limitations also create disadvantages. Physical barriers, such as walls and doors limit the operational scope of a Li-Fi-enabled LED lamp. Thus, the data transmitted by a Li-Fi product remains confined within a close spaced because light cannot penetrate opaque objects and has a shorter range. In establishments, such as a house or a building, enabled LED lamps must be strategically placed in rooms, halls, and other sections to expand the scope of the Li-Fi network. A single Wi-Fi router has wider and longer range than a Li-Fi router. These limitations of Li-Fi also do not make it ideal for use in public Wi-Fi networks.
- Moreover, it cannot be used in outdoor environment, like RF signal. This is because of interference caused by sunlight and other optical sources present nearby. Moreover it can be intercepted by unwanted people if used outdoors. Furthermore, Li-Fi is still in the emerging stage and very few have reached the commercialization stage.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, Light Fidelity (Li-Fi) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Light Fidelity (Li-Fi) industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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