Press release
Li-Fi (Light Fidelity) Market Technology Advancements and Future Scope 2022 to 2026-Signify Holding BV, pureLiFi Ltd, LVX System
Li-Fi (Light Fidelity) Market Report 2022: New Business Ideas and PerceptionsThe Global Li-Fi (Light Fidelity) Market Report 2022-2027 provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, restraints, and competitive landscape that are playing a substantial role in the Li-Fi (Light Fidelity) market. The increasing consumer demand & spending on Li-Fi (Light Fidelity) market is expected to drive the enormous growth over the forecast years. The comprehensive Li-Fi (Light Fidelity) market Report will help clients to comprehend the market ups-downs and numerous different angles.
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Key Market Trend: Li-Fi (Light Fidelity)-
The Li-Fi Market was valued at USD 295.4 million in 2020 and is expected to reach USD 4157.38 million by 2026, at a CAGR of 69.7% over the forecast period 2021 - 2026.
Indoor is Expected to Register a Significant Growth
- Smart buildings are currently adapting to accommodate their residents, in order to improve resident comfort and user experience. They do this by knowing the locations of each occupant and then providing location-based services, such as intelligent car parking, health monitoring, logistics, and shopping assistance. In addition to indoor shopping assistance, location-based service also plays a crucial role in the reduction of building energy costs. The basic idea of Li-Fi technology is to utilize the visible light from an LED light bulb to transmit high-speed data to a photodetector, which is connected to a smartphone or tablet.
- Over the last few years, there has been increasing research in Li-Fi networking techniques, such as multiuser access, interference mitigation, and mobility support, and in parallel, Li-Fi products have been developed, which have enabled wireless networking with light.
Key Players In Li-Fi (Light Fidelity) Market-
Signify Holding BV, pureLiFi Ltd, LVX System, Oledcomm SAS, Lucibel SA, SLD laser, Velmenni OU, LightBee Corp., Renesas Electronics Corporation, IDRO Co. Ltd
The study accurately predicts the size and volume of the Li-Fi (Light Fidelity) market in the present and the future. The report offers a comprehensive study of the Li-Fi (Light Fidelity) and information about the expected future trends that will have a significant impact on the growth of the market.
Competitive Landscape- Li-Fi (Light Fidelity)
August 2020 - Nav Wireless Technologies Pvt Ltd has set up LIFI based communication facilities at Civil Hospitals in Ahemdabad, Surat Municipal Institute of Medical Education & Research, and Gujarat Medical Education & Research Society Hospital. After receiving positive responses from the hospital management, medical staff, and patients, the company is exploring more tie-ups with other government and private hospitals in Gujarat and neighboring states like Maharastra, Madhya Pradesh, and Rajasthan.
- January 2020 - Getac Technology integrates the Li-fi technology powered by pureLiFi into the rugged mobiles. The Getac device to offer integrated LiFicapability will be the UX10 fully rugged tablet. Defense, Public Safety, Automotive, energy, and manufacturing sectors will be benefited from Getacs Lifi Solutions.
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https://www.marketinsightsreports.com/reports/02082591560/li-fi-light-fidelity-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=Lily
Li-Fi (Light Fidelity) Market, By Geography-
The United States is Expected to Hold Major Share
- The rapid advancement of information technologies, such as wireless sensor networks, the Internet of Things, Big Data, and smartphones, has resulted in the development of smart buildings in the North American region. At the end of 2016, around 15 million households in the United States met the definition of smart home, which is expected to increase to more than 20 million households, thereby, offering several opportunities for Li-Fi in the country.
- According to the US Green Building Council, buildings contribute a significant portion of energy consumption in the United States. It is reported that buildings account for 70% of electricity load and 39% of carbon oxide emissions.
Reasons to Purchase this Report-
Includes an in-depth analysis of the Li-Fi (Light Fidelity) market of various perspectives through Porter’s five forces analysis.
Provides insight into the Li-Fi (Light Fidelity) market through Value Chain Analysis.
Li-Fi (Light Fidelity) Market dynamics scenario, along with growth opportunities of the market in the years to come.
6-month post-sales analyst support.
Here’s how Market Insights Reports helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Li-Fi (Light Fidelity) market through the forecast period.
This factor leads to the estimation of the Li-Fi (Light Fidelity) market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Li-Fi (Light Fidelity) market that will help the stakeholders to be aware of the current investment scenario across the market.
"Final Report will add the analysis of the impact of COVID-19 on Li-Fi (Light Fidelity) industry."
Customization Scope-
Free report customization (equivalent up to 4 analysts working days) with Li-Fi (Light Fidelity) Report purchase. Addition or alteration to country, regional & segment scope.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us-
MarketInsightsReports delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses with various verticals like Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.
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