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Global Li-Fi Market Research and Forecast, 2018-2023

Global Li-Fi market is growing at a significant rate during the forecast period. The key factors contributing to the growth of the include increasing demand in various end-user industries such as healthcare, aerospace and defense industries. In addition, technological advancement such as speed over currently prevailing Wi-Fi technology, rising RF spectrum crunch by advancement in IoT and growing uses of the LED lighting system further contribute to the growth of the market. moreover, technical issues such as interference and range, and the high cost of system and installation are the factors that serve as market barriers. Moreover, smart LED lighting for industrial, commercial and residential space create an opportunity for the market growth.

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Global Li-Fi Market Research and Forecast, 2018-2023

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  1. Orion Market Research Global Li-Fi Market Research and Forecast 2018-2023

  2. DEFINITION Li-Fi is a technology for wireless communication between devices using light to transmit data and position.

  3. MARKET MOTIVATORS • Increasing demand in various end-user industries • Technological advancement and innovation • Rising RF spectrum crunch through advancement in IoT (internet of things) • Rising adoption of vehicle to vehicle communication in automobile industry

  4. MARKET RESTRAINTS • Technical issues such as interference and range • High cost of system and installation

  5. MARKET OPPORTUNITIES • Smart led lighting for industrial commercial and residential space • Growing preference over wi-fi technology

  6. MARKET SEGMENTATION

  7. MARKET SEGMENTATION BY COMPONENT TYPE • LED • Photodiode • Microcontrollers

  8. REGIONAL OVERVIEW

  9. MARKET PLAYERS • AASA, Inc. • Koninklijke Philips N.V. • LightPointe Communications, Inc. • Luciom • nextLiFi • Panasonic Corp. • Qualcomm Technologies, Inc. • Wipro Ltd.

  10. FOR MORE DETAILS PLEASE VISIT OUR WEBSITE Orion Market Research Pvt. Ltd. (OMR Global) 116, Shagun Arcade, Vijay Nagar Square, Indore, Madhya Pradesh India- 452010 +91-7803040404 +1-6467557667 info@omrglobal.com www.omrglobal.com https://www.omrglobal.com/industry-reports/li-fi-market/

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