Light Fidelity (LiFi) & Visible Light Communication
Market
Light Fidelity (Li-Fi) & Visible Light Communication
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Light Fidelity (Li-Fi) & Visible Light Communication
Market Size and Growth
Light Fidelity (Li-Fi) and Visible Light Communication technologies are experiencing significant growth, driven by increasing demand for high-speed wireless communications. The global market size is projected to reach approximately $1.2 billion by 2028, fueled by advancements in LED technology and expanding applications in various sectors, including education, healthcare, and transportation.
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Companies Covered
(Covid 19 Impact Covered)
◍ General Electric
◍ Oledcomm
◍ Renesas Electronics
◍ PureLiFi
◍ Lvx System
◍ Acuity Brands
◍ Qualcomm
◍ IBSENtelecom
◍ Koninklijke Philips
◍ Panasonic
The Light Fidelity (Li-Fi) and Visible Light Communication market features companies like General Electric, Oledcomm, and PureLiFi driving innovation in communication technologies. They enhance connectivity, offer energy-efficient solutions, and develop applications in various sectors. Revenue figures include PureLiFi's projected $25 million by 2024 and Acuity Brands' $1.4 billion in 2023.
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Market Segmentation
By Application
Retail
Electronics
Defense & Security
Automotive & Transport
Aerospace & Aviation
Healthcare
Others
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By Product
LED
Photodetectors
Microcontrollers (MCU)
Market Growth
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$ X Billion USD
