Light Fidelity (Li-Fi)/Visible Light Communication Market 2014-2022

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Light Fidelity (Li-Fi)/Visible Light
Communication Market 
Global Opportunity Analysis and Industry
Forecast, 2014 - 2022
No of Pages 170
Published Date Sep 2016
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Li-Fi/Visible Light Communication Market Scenario

• Light Fidelity (Li-Fi)/Visible Light
  Communication Market is expected to garner 115
  billion by 2022, registering a CAGR of 116.8
  during the forecast period 2016 - 2022. 
• In 2015, North America contributed major share in
  the market and will continue to lead throughout
  the forecast period.
• Light Fidelity (Li-Fi) is a very high speed,
  two-way wireless communication method which uses
  visible light from LEDs as the medium for
  transmitting the data by turning them on and off
  at very high frequency which human eyes cannot
  sense.
• This technology is an apt replacement for
  currently prevailing Wi-Fi technology as Li-Fi is
  considerably faster, has almost 10,000 times
  broader bandwidth because it uses visible light,
  and it is safe to operate in electromagnetic
  sensitive areas.
• Read more at https//www.alliedmarketresearch.com
  /light-fidelity-visible-light-communication-market

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Li-Fi/Visible Light Communication Market Key
Segments

• BY COMPONENT
• LED
• Photodetectors
• Microcontrollers (MCU)
• BY INDUSTRY VERTICAL
• Retail
• Electronics
• Indoor networking
• Smart streetlights
• Defense Security
• Automotive Transport
• Aerospace Aviation
• Healthcare
• Others (mining and chemical)

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Li-Fi/Visible Light Communication Market is
further bifurcated based on

• Li-Fi incorporates three major components, which
  are LED, photodetector, and microcontroller.
• Among the three components, in the year 2015, LED
  dominated the market by contributing over 40
  share of the overall component segment revenue.
• Furthermore, LEDs are preferred over all other
  lighting systems as they can easily be turned off
  and on with the use of a microcontroller.
• Under the industry vertical segment, retail
  industry contributed over 30 of the overall
  Li-Fi market, in 2015.
• Li-Fi enables the storekeepers to monitor the
  positioning of customers by tracing their
  location to improve shopping experience and
  provide notifications on their cellphones.
• However, healthcare sector would be the fastest
  growing industry and is expected to register
  highest CAGR 125.3 during the forecast period.

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Li-Fi Market
Comparison between properties of Wi-Fi and li-fi
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KEY BENEFITS OF Li-Fi MARKET

• This report provides an in-depth analysis of the
  Global Li-Fi market along with current trends and
  future estimations to identify lucrative
  investment opportunities.
• This report identifies the key drivers,
  opportunities, and restraints that shape the
  market along with their impact analysis.
• Porters Five Forces analysis highlights the
  potency of buyers and suppliers that participate
  in this market to facilitate better business
  decisions for stakeholders and strengthen their
  supplier and buyer networks.
• Market estimation of geographical regions is
  based on the current market scenario and future
  trends.

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Key Findings of Li-Fi Market

• In 2015, LED component led the overall Li-Fi
  market revenue, and is projected to grow at a
  CAGR of 118.1 during the forecast period.
• Retail industry vertical segment is projected to
  grow at a CAGR of 112.8 during the analysis
  period.
• Asia-Pacific is anticipated to be the fastest
  growing region growing at a CAGR of 121.7 during
  the forecast period.

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Li-Fi Market By Geography
North America, Europe, Asia Pacific, LAMEA
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Key Players Operating in Industry

1. General Electric
2. Oledcomm S.A.S
3. Renesas Electronics Corporation
4. pureLiFi
5. LVX SYSTEM
6. Acuity Brands Lighting Inc.
7. Qualcomm technologies Inc.
8. IBSENtelecom Ltd.
9. Koninklijke Philips N.V.
10. Panasonic Corporation

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