The report on the Global Visible Light Communication /Light Fidelity (Li-Fi) Technology Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2019 to 2026. The market is portioned into various segments with an in-depth outlook of the competitive outlook and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Visible light communication (VLC)/ light fidelity (Li-Fi) is a wireless communication technology which is faster than other wireless data communication technologies. VLC market is growing owing to its restriction free network availability in areas of electromagnetic interference. Converting LED lights in to wireless transmitters and providing communication facility is the most unique factor of Li-fi technology which is driving the VLC market rapidly. VLC industry can survive better than other alternatives in demanding environment of wireless communication market owing to its key features and extremely high speed.
Drivers
- Strong network and highest speed internet provider
- No requirement of legal licensing and documents
- Substitute to exploited technology for open-air networking
Restraints
- Various environmental interruptions in smooth connectivity of signals
- High cost compared to other available substitutes
Report includes a detailed analysis on value chain in order to provide a holistic view of the li-fi technology market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the li-fi technology industry, from raw material suppliers to end-users.
Li-Fi technology market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, availability of raw materials, competition, and other factors such as social and legal constraints.
The li-fi technology market has further been segmented based on types such as light-emitting diode, photo detector, microcontroller and software. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2019 to 2026. Each type has been further analyzed based on regional and country levels from 2020 to 2026 in terms of volume and revenue.
The li-fi technology market has been segmented based on applications such as smart store, consumer electronics, defense and security, vehicle and transportation, aviation, hospital, underwater communication, hazardous environment and others. The study provides forecast and estimates market for each application in terms of revenue and volume during the forecast period from 2019 to 2026. Each application has been further analyzed based on regional and country levels from 2020 to 2026 in terms of volume and revenue.
In terms of geography, the li-fi technology market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as:
- Koninklijke Philips N.V.
- General Electric Co.
- Bytelight, Inc.
- Qualcomm Inc.
- Panasonic Corp.
- Fujitsu Ltd.
- Renesas Electronics Corp.
- Lvx System
- Oledcomm
- Purelifi Ltd.
- Lightbee Corp.
- Outstanding Technology Corp.
- Axrtek
- Ibsentelecom Ltd.
- Supreme Architecture Inc.
A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides li-fi technology market's mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
SEGMENTATIONS IN REPORT:
Li-Fi Technology By Type:
- Light-Emitting Diode
- Photo Detector
- Microcontroller
- Software
Li-Fi Technology By Applications:
- Smart Store
- Consumer Electronics
- Defense and Security
- Vehicle and Transportation
- Aviation
- Hospital
- Underwater Communication
- Hazardous Environment
- Others
Li-Fi Technology By Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World
The Global Visible Light Communication /Light Fidelity (Li-Fi) Technology Market has been exhibited in detail in the following chapters -
Chapter 1 Visible Light Communication /Light Fidelity (Li-Fi) Technology Market Preface
Chapter 2 Executive Summary
Chapter 3 Visible Light Communication /Light Fidelity (Li-Fi) Technology Industry Analysis
Chapter 4 Visible Light Communication /Light Fidelity (Li-Fi) Technology Market Value Chain Analysis
Chapter 5 Visible Light Communication /Light Fidelity (Li-Fi) Technology Market Analysis By Type
Chapter 6 Visible Light Communication /Light Fidelity (Li-Fi) Technology Market Analysis By Applications
Chapter 7 Visible Light Communication /Light Fidelity (Li-Fi) Technology Market Analysis By Geography
Chapter 8 Competitive Landscape Of Visible Light Communication /Light Fidelity (Li-Fi) Technology Companies
Chapter 9 Company Profiles Of Visible Light Communication /Light Fidelity (Li-Fi) Technology Industry
METHODOLOGY:
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.