Emergen Research has recently published a detailed report on the global Li-Fi market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Li-Fi market through verified and validated data curated to offer accurate insights.
It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the 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.
The report is updated with the impact of the COVID-19 pandemic on the Li-Fi market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Li-Fi market has been positive or negative.
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The report further divides the Li-Fi market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Li-Fi market.
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
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The report also studies the key companies of the Li-Fi market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Li-Fi market include:
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
The Global Li-Fi Report is a panoramic study of the overall Li-Fi market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Li-Fi market. The report provides a detailed analysis of the key factors of the Li-Fi market that are expected to have a positive impact on the growth of the Li-Fi industry.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report, and our team will ensure you get the report tailored according to your needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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