openPR Logo
Press release

Transparency Market Research

05-22-2018 06:49 PM CET | IT, New Media & Software

Press release from: Transparency Market Research

The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 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.

Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12164

The report provides a granular analysis of the growth trajectory exhibited by the global Li-Fi market. The key factors encouraging the large-scale deployment of Wi-Fi are analyzed in detail. The factors that market players should guard themselves against are also evaluated in the report. Apart from examining the strengths of and opportunities for the leading market players, the report also presents insights into the threats and opportunities that they could face in the near future.

Global Li-Fi Market: Key Opportunities and Threats

Increasing demand for applications in medical centers, hospitals, and schools will give considerable impetus to the global Li-Fi market. Since the technology involves visible light wavelengths and not radio waves, it is less likely to have negative effect on human health. Experts often compare Li-Fi to Free Space Optics (FSO) as it also utilizes light to transfer data.

The market is also significantly gaining from the rising adoption of LED worldwide due to benefits such as a longer life span, higher efficiency, and lower maintenance it offers. Several countries such as Japan, China, and the U.S. have already adopted initiatives for promoting energy conservation using LED lighting technology. For instance, the Chinese government is offering lucrative incentives, resources, and financial subsidies to promote the adoption of LED lighting across industries. Furthermore, it has also taken several steps to support and advance the capabilities of domestic LED manufacturers.

On the flip side, the lack of awareness about the benefits offered by the technology is negatively impacting Li-Fi market growth. Misconceptions such as Li-Fi being line-of-sight in nature are also expected to restrain market growth to an extent.

Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/lifi-market.html

Global Li-Fi Market: Regional Outlook

Asia Pacific is expected to emerge as a lucrative market for Li-Fi. The growth of the market in this region is fuelled by the increasing demand for better internet connectivity. The U.S. is expected to present attractive opportunities for enterprises in the Li-Fi market over the forecast period. The Li-Fi market in the U.S. is also expected to grow at a phenomenal rate. The high demand for wireless communication aids the rapid expansion of the Li-Fi market in the U.S.

Global Li-Fi Market: Competitive Insight

Some of the leading enterprises operating in the Li-Fi market include Philips, LVX, PureLifi, GE, Oledcomm and others. The majority of these market players are focusing on strategic collaborations, mergers, and acquisitions to gain a competitive edge. For instance, GE recently collaborated with Qualcomm to merge big data and lighting to transform the retail experience. In 2015, LVX partnered with NASA to introduce products for space missions and design new applications for VLC.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Research Blog: http://www.techyounme.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Transparency Market Research here

News-ID: 1058466 • Views: 920

More Releases from Transparency Market Research

Decorative Laminates Market SWOT Analysis by Business Economy With Innovative Gr …
The global Decorative Laminates market is estimated to attain a valuation of US$ 72.1 Bn by the end of 2030, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6% during the forecast period, 2020-2030. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Decorative
Zinc Eugenol Market To Collect Hugh Revenues Due To Growth In Demand by 2031
The global Zinc Eugenol market is estimated to attain a valuation of US$ 30 thousand by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 11% during the forecast period, 2021-2031. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Zinc
Enteric Soft Gel Capsules market is estimated to attain a valuation of US$ 380 M …
The global Enteric Soft Gel Capsules market is estimated to attain a valuation of US$ 380 Mn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7% during the forecast period, 2019-2027. The key objective of the TMR report is to offer a complete assessment of the global market including major leading
Viral Vector & Plasmid DNA Manufacturing market is estimated to attain a valuati …
The global Viral Vector & Plasmid DNA Manufacturing market is estimated to attain a valuation of US$ 0.9 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 23.3% during the forecast period, 2019-2027. The key objective of the TMR report is to offer a complete assessment of the global market including

All 5 Releases


More Releases for LED

Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=68754 Table of Contents: Table of Contents Global LED Driver (LED Lighting Driver) Market Research Report
Global LED Drivers Market 2017 Trends By Product(Buck-Boost LED Drivers, Multito …
Scope Of Global LED Drivers Market Research Report 2017 Global LED Drivers Market Report Based On Defination, Status and Forecast 2022 contains a market overview of the industry which talks about market Application, production, Consumption, revenue, Gross margin, sales volumes and figures, growth estimation in coming years, current industry leaders and their sales/revenue metrics. Request For Free Sample Report Here : https://www.reportsmonitor.com/request-sample/?post=489550 This report studies the global LED Drivers market, analyzes and
LED Flashlight Market 2017 - SureFire, LED Lenser, Pelican, NovaTac
Apex Research, recently published a detailed market research study focused on the "LED Flashlight Market" across the global, regional and country level. The report provides 360° analysis of "LED Flashlight Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LED Flashlight industry, and estimates the future trend of LED Flashlight market on
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022). Description The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED