Vancouver, BC -- (SBWIRE) -- 04/22/2021 -- Global Li-Fi Market Research Report and Forecast to 2028 is an investigative report providing an extensive study of the global Li-Fi market with regards to market size, market share, current and emerging trends, and latest technological developments

The global Li-Fi market is expected to reach a market size of USD 14,913.3 Million by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing demand for high-speed networks is a primary factor expected to drive growth of the global Li-Fi market during the forecast period. Growing demand for highly secure network systems in various industries is expected to further propel global market growth during the forecast period. Increasing demand for indoor networking in the retail industry globally is another factor expected to boost growth of the global Li-Fi market growth over the forecast period.

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The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, R&D activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others

Key Highlights of Report

Due to increasing need for energy-efficient devices, and growing demand for high-speed bandwidth in countries in North America, the market in the region is expected to account for the largest market share among other regional markets during the forecast period.

Key market players include Oledcomm SAS, Panasonic Corporation, Signify Holding B.V., Velmenni OÜ, Renesas Electronics Corporation, PureLiFi Limited, Fsona Networks Corporation, Acuity Brands, Inc., Lucibel SA, and VLNComm Inc.

In November 2019, LocusLabs, Inc. was acquired by Acuity Brands, Inc. Through this acquisition, Acuity Brands will strengthen its expertise in indoor mapping and location-based services.

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Emergen Research has segmented the global Li-Fi market on the basis of component, application, end-use, and region.

Component Outlook (Revenue, USD Million; 2021–2028)
Photo-Detector
LEDs
Microcontroller
Optical Sensing
Others

Application Outlook (Revenue, USD Million; 2021–2028)
Underwater Communication
Standalone Tracker
Indoor Networking
Smartphone
Advance Tracker
Location-Based Services
Others

End-use Outlook (Revenue, USD Million; 2021–2028)
Healthcare
Aerospace & Defense
Education
Retail
Automotive
Government
Transportation
Consumer Electronics
Others

Detailed Regional Analysis covers:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The report demonstrates the progress and advancement achieved by the global Li-Fi market, including the historical analysis and progress through forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter's Five Forces analysis.

Key Benefits of Buying the Global Li-Fi Report:

Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Li-Fi Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Li-Fi Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Li-Fi Market

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Li-Fi Market Segmentation & Impact Analysis

    4.1. Li-Fi Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing demand for high-speed network

                    4.2.2.2. Growing demand for highly secure network system in various industries

                    4.2.2.3. Rising focus of government for smart city

                    4.2.2.4. Increasing demand for faster data transmission

          4.2.3. Market restraints analysis

                    4.2.3.1. High implementation cost of Li-Fi system

                    4.2.3.2. Lack of awareness about Li-Fi technology among end-user

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter's Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Li-Fi Market By Component Insights & Trends Revenue (USD Million) 

    5.1. Component Dynamics & Market Share, 2020 & 2028

          5.1.1. Photo-Detector

          5.1.2. LEDs

          5.1.3. Microcontroller

          5.1.4. Optical Sensing

          5.1.5. Others

Chapter 6. Li-Fi Market By Application Insights & Trends Revenue (USD Million) 

    6.1. Application Dynamics & Market Share, 2020 & 2028

          6.1.1. Underwater Communication

          6.1.2. Standalone Tracker

          6.1.3. Indoor Networking

          6.1.4. Smartphone

          6.1.5. Advance Tracker

          6.1.6. Location-Based Services

          6.1.7. Others

CONTINUED…!

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