Growth of Neon Signs Market Is Primarily Driven by the Recent Technological Advancements

Market Overview

The global Li-Fi market is expected to exhibit growth at a robust pace between 2018 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market.

While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The technology offers data transfer at high speed due to the presence of lesser interferences and availability of large bandwidth over the network. For instance, Li-Fi is capable of delivering the same, if not greater, data transfer speed as compared to a Wi-Fi access point.

Furthermore, internet video traffic is expected to grow considerably in the coming years, with video projected to contribute to a majority of consumer internet traffic. This increasing data production and usage will eventually spur demand for wireless optical networks and RF-based networks. These are prime factors that will aid the expansion of the Li-Fi market worldwide.

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Top Industry Players:

Global Neon Signs market competition by top manufacturers/players, with Neon Signs volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including: PureLi-Fi, Lucibel, Oledcomm, General Electric, Osram, Sunpartner Technologies, LG Innotek, Yuyang D & U, Semicon Light, Wipro, Koninklijke Philips, Panasonic Corporation, Samsung Electronics, Lemnis Lighting, LG Electronics, Lightpointe Communications, FSOna Networks, Bridgelux, Toshiba Corporation, Cree,Sharp

Key features of Neon Signs market:

• In-depth knowledge of Neon Signs market that supports opportunities, growth, restraints and practicability study.
• Study of emerging markets furthermore a complete analysis of existing Neon Signs market segments.
• Dominating market Neon Signs players are cited in the report.
• The developing Neon Signs market tendencies and technologies have accelerated number of enterprise models and corporations across the globe.
• Decent classification of Neon Signs market is done on the basis of end-user applications, major product type, mode of transport, market size, and application.
• The data provided in this research Neon Signs report is descriptive not only in terms of quantity but also quality

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Market Segments

Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
• Custom Neon Signs
• Neon Open Signs
• Business Neon Signs

Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
• Advertising
• Commercial
• Traffic
• Construction
• Indoor and Outdoor Decoration
• Stage Settings

Region Coverage (Regional Output, Demand & Forecast by Countries etc.):
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

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