Global Light Fidelity (Li-Fi) market cagr 10.2%

Light Fidelity (LiFi)

Light

Fidelity (Li-Fi) Market Size and Growth

The Light Fidelity (Li-Fi) market research reports indicate a growing demand for Li-Fi technology due to its speed, efficiency, and security advantages over traditional Wi-Fi. The global Li-Fi market size is estimated to reach $80 million by 2025, driven by increasing technological advancements and adoption in various industries.

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Companies Covered (Covid 19 Impact Covered)

◍ Acuity Brand Lighting

◍ General Electric

◍ Koninklijke Philips

◍ Lightbee Corp

◍ LVX System Corp

◍ PureLi-Fi

◍ Oledcomm

◍ Avago Technologies

◍ Axrtek

◍ ByteLight

◍ Casio

◍ IBSENtelecom

◍ Panasonic

◍ LightPointe Communications

◍ Plaintree Systems

◍ Lucibel

◍ Firefly Wireless Networks

The Light Fidelity (Li-Fi) market is highly competitive with key players such as Acuity Brand Lighting, General Electric, Koninklijke Philips, Lightbee Corp, LVX System Corp, PureLi-Fi, Oledcomm, Avago Technologies, and others. These companies offer a variety of Li-Fi solutions for different industries, contributing to market growth.

- Acuity Brand Lighting: $3.7 billion in sales revenue

- General Electric: $120.3 billion in sales revenue

- Koninklijke Philips: $23.2 billion in sales revenue

Market Segmentation

By Application

◍ Indoor Networking

◍ Hospital

◍ Vehicles

◍ Underwater Communication

◍ Others

By Product

◍ LED Lights

◍ Microcontroller

◍ Photo Detector

Market Growth

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