Global Li-Fi Market

Li-Fi is light fidelity communication system. It transmits data through the application of wireless optical networking technology through the LED lights. The Li-Fi has a speed of 224 gigabits per second. The evolution of Li-Fi was the fact that the radio waves used by Wi-Fi was facing congestion issues. This Li-Fi evolved as the best solution and provides better internet access with high reliability and affordability. The low interference level allows the Li-Fi technology to transfer data a high rate.

Market Dynamics

The global Li-Fi market is expected to expand rapidly. The increasing traffic across the world and the requirement of high data transfer are important reason behind the increasing market of the Li-Fi. There is a paradigm shift and the hospitals, schools, and other organization are increasingly shifting to the Li-Fi technology and this drives the market. Most of the work are data driven, and its usage is increasing, this increases the demand for wireless optical network.

Market Segmentation

The global Li-Fi market is segmented on the basis of application into automotive, healthcare, aerospace, defence, underwater communication, environment, indoor networking and location based service. On the basis of component, the global Li-Fi market is segmented into LED, photo detector and microcontroller.

Regional/Geographic Analysis

America holds the largest market share for the Li-Fi market and it is followed by Europe and Asia Pacific. The data traffic is rapidly increasing in North America and there is increasing demand for safe and quick data transfer. One of the main reason for the increasing growth of Li-Fi in North America is the spectrum crunch. Asia Pacific holds as the emerging Li-Fi market. The increasing data usage and transfer will drive the shift from the Wi-Fi to Li-Fi. Technological innovation from the nations and the accessibility through the smartphones and other internet connected devices increase the traffic in the region. This drives the demand for the Li-Fi market.

Key Players

The key players in the global Li-Fi market are Philips, LVX Systems, Panasonic, General Electric, and Lightbee corp.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage