Press release
Li-Fi Market Share, Growth, Industrial Analysis and Forecast to 2023
The study reveals that Visible Light Communication (Li-Fi) technology is trending in North America region. The Li-Fi technology is set to become a leading technology and will gain a highest market share by the end of the forecasted period. The factors driving the Li-Fi Market include faster and safer data transfer than other competing technologies; RF spectrum bandwidth crunch; no bandwidth limitation and less energy consumption; and greener, cleaner, and safer technology.
The study indicates that advantage of Li-Fi is zero electromagnetic interference, allowing connectivity even in areas where Wi-Fi isn’t accepted such as hospitals and nuclear plants among others. Moreover, Li-Fi offers better data defense as light waves can’t pass through walls, making it impossible to hack any internal systems in high-security buildings.
The Visible Light Communication (Li-Fi) Market is growing rapidly over 56% of CAGR and is expected to reach at USD $~15 billion by the end of forecast period.
Li-Fi Market Players:
• General Electric Co. (U.S.)
• ByteLight, Inc. (U.S.)
• Panasonic Corp. (Japan)
• pureLiFi Ltd. (U.K.)
• LightPointe Communications, Inc. (U.S.)
• Plaintree Systems Inc. (Canada)
• Fsona Systems Corporation (U.K.)
• Trimble Hungary Kft. (Hungary)
• Outstanding Technology Corp. (Japan)
• IBSENtelecom (Norway)
Request a Sample Report @ https://www.marketresearchfuture.com/reports/visible-light-communication-li-fi-market-3561
Visible Light Communication (Li-Fi) Market Segmentation
The Visible Light Communication (Li-Fi) Market has been segmented on the basis of application, components, end -users and region. Major opportunities in LIFI market is the smart LED lightening for commercial buildings and private homes, smart lightening of public spaces like stations and airports, traffic updates from traffic lights, Smart Store, Consumer Electronics and Game Consoles.
Apart from being economical, Li-Fi offers several technological advantages over currently prevailing Wi-Fi technology which include, nearly 100 times faster speed of data transmission, enhanced data security, no electromagnetic interference, and less power consumption will drive the consumer electronics segment.
Market Research Analysis:
On geographic basis, Visible Light Communication (Li-Fi) market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with highest market share growth in the Visible Light Communication (Li-Fi) market. The growing need of green technology solutions with low power consumption is encouraging the development of advanced communication systems via Li-Fi in North America. Similarly, Europe region has a positive growth in the Visible Light Communication (Li-Fi) market as Li-Fi delivers high-speed in a much more secure way. Li-Fi allows 100 times faster data transmission is boosting the demand of Li-Fi market in this region. The Light Fidelity is the bright future of 5G visible light communication systems in the developing countries in Asia-pacific regions like China, Japan and others.
Access Report Details @ https://www.marketresearchfuture.com/reports/visible-light-communication-li-fi-market-3561
Intended Audience
- Device manufacturers
- Network Operators
- Distributors
- Suppliers
- Research firms
- Software Developers
- Commercial Banks
- Vendors
- Semiconductor Manufacturers
- End-user sectors
- Technology Investors
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.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 Li-Fi Market Share, Growth, Industrial Analysis and Forecast to 2023 here
News-ID: 621605 • Views: …
More Releases from Market Research Future
Offshore Wind Market Forecast 2025-2035 | CAGR 12% | Global Revenue to Hit 123.0 …
The Offshore Wind Market is witnessing unprecedented growth as countries worldwide strive to meet renewable energy targets and reduce carbon emissions. Offshore wind energy, generated by wind turbines installed in oceans and large water bodies, offers immense potential due to stronger and more consistent winds compared to onshore installations. This growing market is being fueled by advancements in technology, government initiatives, and increasing global energy demands.
Get Free Sample PDF Brochure:…
Biologics Market Expected to Hit USD 3338.28 Million by 2035 with a Remarkable 1 …
Biologics Market Expands Rapidly as Advanced Therapies Transform Modern Healthcare
The global healthcare industry is undergoing a remarkable transformation driven by the rapid advancement of biologics. Unlike traditional chemically synthesized drugs, biologics are derived from living organisms and designed to target diseases with high precision. These innovative therapies are redefining treatment standards across oncology, autoimmune disorders, infectious diseases, and rare genetic conditions, positioning biologics as one of the most influential segments…
Autoimmune Disease Diagnostics Market Projected to Hit USD 11.41 Billion by 2035 …
Autoimmune Disease Diagnostics Market Witnesses Strong Momentum Driven by Precision Medicine and Advanced Testing Technologies
The global healthcare landscape is experiencing a significant transformation as autoimmune disorders continue to rise worldwide, creating an urgent need for accurate and early diagnostic solutions. Autoimmune diseases, which occur when the immune system mistakenly attacks healthy cells, affect millions of people and include conditions such as rheumatoid arthritis, lupus, multiple sclerosis, and type 1 diabetes.…
3D Printing Medical Devices Market Set to Reach USD 11169.36 Million, with a Hea …
3D Printing Medical Devices Market Witnesses Transformational Growth Through Innovation and Personalized Healthcare
The healthcare industry is undergoing a remarkable transformation as 3D printing technology reshapes the way medical devices are designed, manufactured, and delivered to patients. The emergence of 3D printing medical devices has introduced a new era of precision medicine, enabling customized solutions, faster production timelines, and improved clinical outcomes. As hospitals, research institutions, and medical device manufacturers increasingly…
More Releases for Light
Shining a Light: Global Light Towers Market Trends 2024
"The Business Research Company recently released a comprehensive report on the Global Light Towers Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Light Bulb Camera 2022: Best Light Bulb Security Camera
From anywhere in the world, you can check on your family members with this clever Light bulb camera has a concealed security camera!
In the world's population, those over the age of 50 make up an increasingly large proportion of the total. These individuals are more likely to suffer from health challenges or lives alone, which increases the hazards they face. When our elderly relatives live alone, we have a natural…
Light Sanitizer Review: Does UV Light Sanitizer Really Work?
Visit Official Website Here >> https://bit.ly/3u3lF00
【PROFESSIONAL UV LIGHT SANITIZER LAMP】 FCC, CE, RoHS Certified, EPA Est. No.96932-CHN-1. Advanced ultraviolet disinfection technology, the UV disinfectant lamp has 7 high-intensity UVC and 158 UVA double effect, 99.99% sterilization rate, Ultra Violet through radiation damage to microorganisms (bacteria, viruses, fungus, pathogen, molds, micro pests) and destroy DNA RNA, to achieving the purpose of disinfection
【240-280NM COMPREHENSIVE THOROUGH STERILIZATION】 The light transmittance of microorganisms…
What is Li-Fi (Light Fidelity Visible Light Communication)?
Light fidelity (Li-Fi)/visible light communication is wireless communication technology that uses light to transmit data and position between devices. This technology facilitates internet facilities in a closed, controlled environment such as airplanes, shopping complexes, hospitals, offices, and vehicles, among others. It is widely utilized to offer communication between electronic devices with the support of visible light, particularly the LED bulbs. This evolving technology has various advantages over currently prevalent Wi-Fi…
Global LED Lighting Market Technology Insights, Forecast to 2025 | Spot Light, S …
This report presents the worldwide LED Lighting market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The LED Lighting market was valued at Million US$ in 2017 and is…
Light Control Sensor Light Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-electronics-goods/light-control-sensor-light-market/79664
Light Control Sensor Light Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).
The report firstly introduced the Light Control Sensor Light basics: definitions, classifications, applications and…
