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Li-Fi Market Study by Growth Opportunity and Regional Forecast Analysis by 2030

According to a research report by Global Market Insights Inc., the global (Light Fidelity) Li-Fi market is likely to surpass a valuation of $8 billion by the end of 2030. <br>Request for a sample of this research report @<br>https://www.gminsights.com/request-sample/detail/462<br>

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Li-Fi Market Study by Growth Opportunity and Regional Forecast Analysis by 2030

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  1. Li-Fi market is likely to surpass a valuation of $8 billion by 2030: Global Market Insights, Inc. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Li-Fi Market Scenario: • According to a research report by Global Market Insights Inc., the global (Light Fidelity) Li-Fi market is likely to surpass a valuation of $8 billion by the end of 2030.  • Growing adoption of Li-Fi systems across the education sector is anticipated to propel the global Li-Fi market share over the coming years. Research institutes and schools are increasingly implementing Li-Fi systems in order to offer secure and seamless internet connectivity to their students. In addition, drastically rising data consumption and increasing RF spectrum crunch is further laying down the groundwork that would foster the adoption of alternative wireless communication technologies like Li-Fi, pushing overall industry outlook further. • Additionally, Li-Fi systems also observe uses across those areas where Wi-Fi technology faces issues or does not hold a presence such as operation theatres in hospitals, aircraft, power plants, and several other places. More specifically, Li-Fi can be used in areas where radio (electromagnetic) interference is a major point of concern for the security and safety of people and equipment. Because Li-Fi uses light to transmit data as opposed to radio signals © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • Meanwhile, owing to the global impact of the coronavirus pandemic, and the subsequent lockdowns imposed by several governments, the growth of the Li-Fi market is expected to witness a considerable slowdown. However, the industry is expected to pick up significantly 2021 onwards as the overall impact of the disease becomes less severe. • Going forward, with regards to component, microcontrollers are estimated to exhibit a rising demand for the implementation of the Li-Fi technology. This projected growth can be ascribed to the product’s flexible mounting ability that allows it to be installed on small areas. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/462 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis: Geographically, the rapidly rising adoption of Li-Fi technology across military, private, and commercial sectors is slated to drive the Asia Pacific Li-Fi market through the forecast analysis period. Additionally, the growing traction of smartphones throughout the region is creating an immense demand for faster data transfer speeds, exerting immense pressure on the existing RF-based wireless networks and promoting the adoption of Li-Fi system. • Competitive Analysis: • The competitive landscape of the global Li-Fi market is inclusive of players such as NAV Technologies, SLD Laser, VLNComm, Acuity Brands, Renesas Electronic Corporation, Oledcomm, Signify, and Lucibel among others. Request for a Customization of this research report @ https://www.gminsights.com/roc/462 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report on Li-Fi Market @ https://www.gminsights.com/industry-analysis/lifi-market Request for a sample of this research report @https://www.gminsights.com/request-sample/detail/4227 Request for customization: https://www.gminsights.com/request-sample/detail/462 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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