Electrical and Electronic

Li-Fi Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2025


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ReportBazzar has released its latest research-based report entitled “Li-Fi” Market. Li-Fi technology for wireless communication between devices using light to transmit data. Currently, only LED lamps can be used for the transmission of visible light. The Li-Fi concept was first introduced by Harald Haas in 2011 at Edinburgh. The data transmit changes are so fast, that it cannot be viewed through human eye and is capable of sending all kinds of data that includes audio, video and broadband at a speed of 1Gb/s than 150mb/s for Wi-Fi. Li-Fi signal travel through narrow focus beams and does not pass through walls.

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The different segment of Li-Fi market are component, application, end-users, and region.

Market segmented on the basis of component (LED, Optical Sensing, Microcontroller, and Photodetector): LED held largest market share since LED lamps can be used for the transmission of visible light.

Market segmented on the basis of application (Smartphone, Standalone Tracker, and Advance Tracker): Smartphones held largest market share majorly due to impending need of high speed data transmission.

Market segmented on the basis of end-users (Aerospace & Defense, Healthcare, Education, Retail, Transportation, Automotive, Consumer Electronics, and Government): Retailers can use the Li-Fi technology to enhance the shopping experience of customers, and improve the value delivered. More than 60% of customers use mobile phones in retail stores, and around 70% of sales are made in the aisle. Hence, it ensures that the store’s lighting network communicates with shoppers and helps them to search for specific goods and deliver targeted information.

Market segmented on the basis of region (North America, Europe, Asia-Pacific and Rest of the world): North America held the largest share majorly due to the increasing demand for energy efficient devices and increasing demand for high speed communication in the region. The region also has a well-established infrastructure which allows easy implementation of advanced technologies and provides better connectivity.

The major market players of the global Li-Fi market are:

General Electric, Koninklijke Philips N.V., Oledcomm, PureLiFi Limited, Panasonic Corporation, Acuity Brands, Inc., Light Pointe Communications, Inc., Velmenni, LightBee Corporation, FSONA Networks and others. These companies using various strategies such as merger & acquisition, collaboration, partnership and product launch. Whereas, merger & acquisition is the key strategy adopted by the companies in the market.

For instance, Koninklijke Philips N.V. the world's largest lighting company has announced emerging technology LiFi – LEDs that can wirelessly transmit data at high speeds. It has become the first major manufacturer to offer the new technology, which allows light waves to be used to transmit broadband from LEDs to computers and tablets.

The factors contributing to the growth of the Li-Fi market are technological superiority over currently prevailing Wi-Fi technology, increase in adoption in industries such as retail, healthcare, aerospace & aviation and defense & security and impending RF spectrum crunch. Furthermore, growth in the market is majorly hampered by the limited range of communication, which limits its applicability.

Complete report with detailed table of content is available @ http://www.reportbazzar.com/reports/RBPR2103201872620037/global-li-fi-market-research-report-trends-and-forecast-2017-2025

Some Points Of Table Of Content:

1. Research Methodology & Scope
1.1. Scope of the Study
1.1.1. Research Objectives
1.1.2. Assumptions & Limitations
1.2. Research Process
1.2.1. Primary Process
1.2.2. Secondary Process
1.2.3. Forecast Model
2. Introduction
2.1. Market Definition
2.2. Recent Developments
3. Executive Summary
4. Market Factor Analysis
4.1. Growth Potential Analysis
4.2. Porter’s Five Forces Analysis
4.3. Value/Supply Chain Analysis
4.4. PESTEL Analysis
5. Industry Impact Forces
6. Global Li-Fi Market By Component
6.1. Introduction
6.1.1. LED
6.1.1.1. Market Estimates & Forecast, 2017-2025
6.1.2. Optical Sensing
6.1.2.1. Market Estimates & Forecast, 2017-2025
6.1.3. Microcontroller
6.1.3.1. Market Estimates & Forecast, 2017-2025
6.1.4. Photodetector
6.1.4.1. Market Estimates & Forecast, 2017-2025
7. Global Li-Fi Market By Application
7.1. Introduction
7.1.1. Smartphone
7.1.1.1. Market Estimates & Forecast, 2017-2025
7.1.2. Standalone Tracker
7.1.2.1. Market Estimates & Forecast, 2017-2025
7.1.3. Advance Tracker
7.1.3.1. Market Estimates & Forecast, 2017-2025
8. Global Li-Fi Market By End-user
8.1. Introduction
8.1.1. Aerospace & Defense
8.1.1.1. Market Estimates & Forecast, 2017-2025
8.1.2. Healthcare
8.1.2.1. Market Estimates & Forecast, 2017-2025
8.1.3. Education
8.1.3.1. Market Estimates & Forecast, 2017-2025
8.1.4. Transportation
8.1.4.1. Market Estimates & Forecast, 2017-2025
8.1.5. Retail
8.1.5.1. Market Estimates & Forecast, 2017-2025
8.1.6. Automotive
8.1.6.1. Market Estimates & Forecast, 2017-2025
8.1.7. Consumer Electronics
8.1.7.1. Market Estimates & Forecast, 2017-2025
8.1.8. Government
8.1.8.1. Market Estimates & Forecast, 2017-2025
8.1.9. Others
9. Global Li-Fi Market By Region
10.1 Introduction
9.1.1. North America
9.1.1.1. Market Estimates & Forecast, 2017-2025
9.1.1.2. Market Estimates & Forecast, By Component, 2017-2025
9.1.1.3. Market Estimates & Forecast, By Application, 2017-2025
9.1.1.4. Market Estimates & Forecast, By End-users, 2017-2025
9.1.1.5. Market Estimates & Forecast, By Country, 2017-2025
9.1.2. Europe
9.1.2.1. Market Estimates & Forecast, 2017-2025
9.1.2.2. Market Estimates & Forecast, By Component, 2017-2025
9.1.2.3. Market Estimates & Forecast, By Application, 2017-2025

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Vijay Bagul

Reportbazzar.com is your trusted source for the most inclusive and informative assortment of market research reports designed to empower you with the latest in industry information that translates to time and cost savings for your business. We not only help you give wing to your latent business ideas but also facilitate you in taking the best informed and strategic decisions that guarantee success in your most promising business endeavors. Our intelligence database comprises of vast arrays of strategically analyzed and high-level market research reports that encompass all major industries worldwide. All the specialized research reports available at Reportbazzar.com are tailor-made to suit your every business need, no matter how diverse or demanding it is.