Li-Fi Market: Global Demand Analysis & Opportunity Outlook 2028

The Global Li-Fi Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Li-Fi industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Li-Fi market along with crucial statistical data about the Li-Fi market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.

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.

The current COVID-19 pandemic is expected to have an effect on the growth of the Li-Fi industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Li-Fi sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Li-Fi industry.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Li-Fi market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Li-Fi market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Li-Fi market.

The report covers the following chapters:

• Impact of COVID-19 – This section describes the impact of COVID-19 on the Li-Fi market.
• Global Market Size and Growth – This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
• Regional Analysis – This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.
• Segmentation – This section contains the market values (2015-2030) and analysis for different segments.
• Global Macro Comparison – The global Li-Fi market comparison with macro-economic factors gives the Li-Fi market size, percentage of GDP, and average Li-Fi market expenditure.
• Supply Chain – The supply chain section of the report defines and explains the key players in the Li-Fi industry supply chain.
• Product/Service Analysis – The product/service analysis section of the report describes the leading products/services in the Li-Fi market along with key features and differentiators for those products/services.
• Customer Information – This chapter covers recent customers’ trends/preferences in the global Li-Fi market.
• Trends and Strategies – This chapter describes the major trends shaping the global Li-Fi market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

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

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Li-Fi Market Segmentation:

• 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

Regional Segmentation;

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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