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Light Fidelity (Li-Fi) Market Set to Explode at 48.32% CAGR as Secure, RF-Free Wireless Powers Smart Cities & Defense Networks

01-07-2026 01:24 PM CET | IT, New Media & Software

Press release from: DataM Intelligence 4Market Research LLP

Light Fidelity (Li-Fi) Market

Light Fidelity (Li-Fi) Market

According to DataM Intelligence, the global Light Fidelity (Li-Fi) market reached US$ 2.35 billion in 2024 and is expected to reach US$ 55.03 billion by 2032, growing at a CAGR of 48.32% during 2025-2032. Growth is driven by rising demand for secure, high-speed wireless communication in RF-restricted environments, integration with LED lighting infrastructure, advancements in smart cities and IoT, introduction of IEEE 802.11bb standard, and applications in defense, healthcare, and industrial sectors.

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North America Key Industry Developments
✅ 2025: Intelligent Waves partnered with Signify to deliver Li-Fi kits to the U.S. Department of Defense for secure, radio-free communication.
✅ Early 2025: Signify introduced upgraded Trulifi retrofit kits offering up to 250 Mbps for commercial and defense applications.
✅ 2023: Getac integrated Signify's Trulifi technology into rugged devices for enhanced connectivity.

Asia-Pacific Key Industry Developments
✅ 2025: Jabil announced a new silicon-photonics manufacturing plant in Gujarat, India, to support Li-Fi component production.
✅ 2024: China Electronics Technology Group Corporation (CETC) advanced secure optical wireless systems for defense and industrial Li-Fi applications.
✅ Ongoing: Rapid expansion driven by smart city projects and government initiatives like Digital India.

Key Mergers and Acquisitions (Recent)
✅ Strategic Partnerships: Ongoing collaborations focusing on integrating Li-Fi with existing LED infrastructure and defense-grade solutions.
✅ Expansion Initiatives: Investments in manufacturing and technology upgrades to accelerate commercial deployment.

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Market Segmentation Analysis
By Component: LED dominates as the primary transmitter medium.
By Application: Transmitters, receivers, microcontrollers, LED drivers, and others.
By End-User: Industrial, commercial, and residential segments, with strong adoption in healthcare, defense, and smart buildings.

Regional Insights
Asia-Pacific leads with 36.23% market share in 2024 due to rapid urbanization, smart city initiatives, extensive LED infrastructure, and government support in China and India. North America is the fastest-growing region, fueled by early adoption in enterprise, defense, aviation, and technological advancements.

Growth Drivers
Increasing need for secure, interference-free communication in electromagnetic-sensitive environments
Integration with energy-efficient LED lighting systems
Advancements in smart infrastructure and IoT connectivity
Release of global standards like IEEE 802.11bb supporting interoperability
Growing applications in defense, healthcare, and underwater communication

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Key Players
The market includes leading companies such as pureLiFi, Oledcomm, Velmenni, Signify (Philips Lighting), Lucibel, Fraunhofer HHI, Firefly LiFi, VLNComm, Kyocera SLD Laser, and Panasonic.

Key Highlights (Top 5 Key Players)
1. Signify (Philips Lighting) - Leading with Trulifi upgrades and defense partnerships for high-speed Li-Fi solutions.
2. pureLiFi - Pioneering commercial Li-Fi deployments and interoperability standards.
3. Oledcomm - Advancing Li-Fi systems for aviation and transportation sectors.
4. Velmenni - Innovating high-speed Li-Fi trials and enterprise applications.
5. Lucibel - Focusing on integrated Li-Fi lighting solutions for commercial spaces.

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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