Global Li-Fi Market Set for Rapid Growth - Emergen Research

Increasing demand for high-speed networks and growing demand for highly secure network systems in various industries is driving global Li-Fi market growth.

The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Li-Fi market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global Li-Fi market.

The global Li-Fi market is expected to reach a market size of USD 14,913.3 Million by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing demand for high-speed networks is a primary factor expected to drive growth of the global Li-Fi market during the forecast period. Growing demand for highly secure network systems in various industries is expected to further propel global market growth during the forecast period. Increasing demand for indoor networking in the retail industry globally is another factor expected to boost growth of the global Li-Fi market growth over the forecast period.

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Competitive Outlook:

This section of the report performs a thorough investigation into the intensely competitive landscape of the global Li-Fi market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant.  The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions.  The key industry participants include:

Key Companies Profiled in the Report are

Oledcomm SAS, Panasonic Corporation, Signify Holding B.V., Velmenni OÜ, Renesas Electronics Corporation, PureLiFi Limited, Fsona Networks Corporation, Acuity Brands, Inc., Lucibel SA, and VLNComm Inc

Report Highlights:

  • Besides offering a vivid depiction of the global Li-Fi business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.

Li-Fi Market Segmentation:

  • Component Outlook (Revenue, USD Million; 2021–2028)

    • Photo-Detector
    • LEDs
    • Microcontroller
    • Optical Sensing
    • Others
  • Application Outlook (Revenue, USD Million; 2021–2028)

    • Underwater Communication
    • Standalone Tracker
    • Indoor Networking
    • Smartphone
    • Advance Tracker
    • Location-Based Services
    • Others
  • End-use Outlook (Revenue, USD Million; 2021–2028)

    • Healthcare
    • Aerospace & Defense
    • Education
    • Retail
    • Automotive
    • Government
    • Transportation
    • Consumer Electronics
    • Others

Key Geographies Profiled in the Report:

  • North America(the U.S., Mexico, and Canada)
  • Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
  • Europe(the U.K., France, Germany, and Rest of Europe)
  • Latin America(Brazil and Rest of Latin America)
  • Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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