openPR Logo
Press release

Li-Fi Enabled Communication System Market trend shows a rapid growth by 2027 - Acuity Brands, General Electric, IBSENtelecom, LightPointe Communications, LightBee, Panasonic, Philips Lighting

06-17-2019 03:42 PM CET | IT, New Media & Software

Press release from: The Insight Partners

Li-Fi Enabled Communication System Market trend shows a rapid

North America was the leading geographic region in the Li-Fi enabled communication system market and it is anticipated to be the highest revenue contributor throughout the forecast period. High disposable incomes of individuals, investment in advanced technologies, huge consumer electronics industry are some of the major factors driving the growth in this region. The penetration of consumer electronic devices in the region is very high and devices like smartphones, tablets and personal computers have found a broader user base in North America.

The Global Li-Fi Enabled Communication System Market accounted to US$ 1,229.0 Mn in 2018 and is expected to grow at a CAGR of 73.7% during the forecast period 2019 - 2027 to account to US$ 167,496.4 Mn by 2027.

Internet of things (IoT) plays a crucial role in the deployments and demands for Li-Fi technology in this region. The majority of the world’s largest technology companies have favored in the high economic growth which drives the Li-Fi enabled communication system market in the region.

Get Sample Copy of this Report @ http://bit.ly/2ZsPKn4

Top key Players profiles in this Report includes, Acuity Brands, Inc., General Electric, IBSENtelecom Ltd., LightPointe Communications, Inc., LightBee Corporation, Panasonic Corporation, Philips Lighting B.V. (Philips Lighting), PureLi-Fi Ltd., Velmenni R&D Pvt. Ltd., VLNComm Inc. (VLNComm).

The global Li-Fi enabled communication system market is flourishing at an impressive rate and the same is expected to experience exponential growth rate in the coming years. In terms of geographical growth, Europe is the one of the largest markets for Li-Fi enabled communication systems. The wireless industry of the EU is considered to be a crucial industry as it significantly contributes to the country’s GDP as well as provides employment to millions of people in the region. The automotive sector of the EU is considered to be a crucial industry as it significantly contributes to the country’s GDP. EU is also the leading producer of motor vehicles and several premium automotive manufacturers are based in the region.

With the increase in high-speed data connectivity, numerous players in this region are taking initiatives for the deployment of Li-Fi technology. For instance, in February 2019, Netherlands based company, Signify – a global leader in lights has announced that the company is operating with more than 30 customers across North America, Europe, and the Asia Pacific in order to test and commercialize its Li-Fi system. The company’s Li-Fi enabled luminaires to comprise of superior energy-efficient lights that offer high-speed, secure, and stable wireless communication using light waves.

Get Reasonable Discount on this Report @ http://bit.ly/2ZAmVFv

Global Li-Fi Enabled Communication System Market – By Component
• LED
• Photo Detector
• Micro Controller
• Others

Global Li-Fi Enabled Communication System Market – By End-User
• Smart Home
• Smart City
• Automotive
• Education
• Retail
• Healthcare
• Government
• Transportation
• Others

Strategic Insights
New market initiatives were observed as the most adopted strategy in global Li-Fi Enabled Communication System industry. Few of the recent market initiatives are listed below:
2019: Zumtobel a prominent provider of professional lighting and associated services announced a partnership with pureLiFi with the aim of stepping into wireless enterprise network market.
2019: Signify announced 30 pilot projects across North America, Europe, and Asia for the trial of its commercial Li-Fi system.
2018: BMW successfully completed three-year test using the LED light to transfer automobile inspection information in a factory floor robot. Through this, the system performed has increased remarkably.
2018: nextLiFi and Two Bulls announced a strategic partnership with the aim of developing next generation wireless application using light for data transmission.

Buy this Complete Report @ http://bit.ly/2Zs7vmv

Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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 Li-Fi Enabled Communication System Market trend shows a rapid growth by 2027 - Acuity Brands, General Electric, IBSENtelecom, LightPointe Communications, LightBee, Panasonic, Philips Lighting here

News-ID: 1778018 • Views:

More Releases from The Insight Partners

Current Transformer Market is expected to grow a CAGR of 6.1% from 2025 to 2031
Current Transformer Market is expected to grow a CAGR of 6.1% from 2025 to 2031
The Global Current Transformer Market 2031 that centers around Current Transformer Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint. To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00027549/?utm_source=OpenPR&utm_medium=10607 (Our SAMPLE COPY of the report offers a quick
Healthy Eating Revolution Boosts Packaged Salad Dressings Market Growth Through 2031
Healthy Eating Revolution Boosts Packaged Salad Dressings Market Growth Through …
New York, US - October 06, 2025 -The Packaged Salad Dressings market is entering a period of dynamic innovation and expansion, with consumers seeking healthier, flavorful, and convenient dressing options. The market is expected to register steady growth from 2025 to 2031, fueled by evolving consumer preferences and distribution innovations. As more people globally adopt salads and healthy eating habits, demand for packaged dressings such as vinaigrette, ranch, balsamic, honey mustard,
High Flow Oxygen Therapy Devices Market Size, Growth Status and Better Investment Opportunities by 2031
High Flow Oxygen Therapy Devices Market Size, Growth Status and Better Investmen …
The Insight Partners analysts forecasts the latest report on "Global High Flow Oxygen Therapy Devices Market (Covid-19) Impact and Analysis by 2031", according to report; The High Flow Oxygen Therapy Devices Market report covers the overall and all-inclusive analysis of Market with all its factors that have an impact on market growth. This report is anchored on the thorough qualitative and quantitative assessment of the High Flow Oxygen Therapy Devices
Motor Protection Market Set for Robust Growth by 2031
Motor Protection Market Set for Robust Growth by 2031
The Insight Partners has published its latest research titled"Motor Protection Market Share, Size, Trends, and Forecast by 2031." The report projects consistent growth in the global motor protection market, fueled by increasing industrialization, advances in smart technologies, and tighter safety regulations. With growing infrastructure initiatives and the rise of intelligent systems, the market is poised for significant expansion in terms of size, market share, and innovation through 2031. Check valuable insights

All 5 Releases


More Releases for Communication

Communication Officer
Petromindo announced that is has launched its latest product called Indonesian Hydrogen Report which dissects hydrogen future in Indonesia, its latest status, project plan, and future hydrogen facility. The report elaborates the current hydrogen production and supply in Indonesia as well explaining the producers of hydrogen. The report also describes the plans that has been laid and announced to produce green hydrogen and also map out the sweet spots for
Global Oilfield Communications Market Derived by Communication Network - VSAT Co …
“The increasing investments and enhancing network infrastructure, rising technological advancements for communication across oilfields, and increasing demand from oil and gas operators to scale the production of mature oilfields, are expected to act as growth drivers for the oilfield communications market.” The global oilfield communications market size grew from USD 3.4 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the
CRISIS COMMUNICATION – COMMUNICATION IN CRISES
FIT EUROPE CONFERENCE TRANSLATION AND INTERPRETING IN CRISIS SETTINGS Friday, 21 June 2019, in the Kosmas Psychopaidis Auditorium, National Centre for Public Administration and Local Government (EKKDA), 211 Pireos Street, Tavros, Athens 177 78 The event is an EU/DGT Translating Europe Workshop organised in partnership with FIT Europe and is being held with the support of
Next Generation Communication Technologies Market Report 2018: Segmentation by W …
Global Next Generation Communication Technologies market research report provides company profile for Nokia, Qualcomm, Ericsson, NTT DoCoMo, AT&T, Verizon, SK TelecomG and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides
Global Military Communications Market Report forecast to 2025 by Applications - …
Military Communications Market Status and Forecast 2025  This Write up presents in detail analysis of Military Communications Market especially market drivers, challenges, vital trends, standardization, deployment models, opportunities, future roadmap, manufacturer’s case studies, value chain, organization profiles, Sales Price and Sales Revenue, Sales Market Comparison and strategies. The Military Communications market Report provides a detailed analysis of the Military Communications industry. It provides an analysis of the past 5 years and a future forecast till the year
Global B2B Telecommunication Market Size, Status and Forecast 2022 : VoIP Commun …
This report studies the global B2B Telecommunication market, analyzes and researches the B2B Telecommunication development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like China Mobile Limited Telstra Corporation Limited Verizon Communications Telefonica SA Deutsche Telekom AG Sprint Corporation (Soft Bank Group Corporation) AT&T Vodafone Group PLC NTT Communications Corporation Orange SA Market segment by Regions/Countries, this report covers United States EU Japan China India Southeast Asia Market segment by Type, B2B Telecommunication