Global Light Fidelity (Li-Fi) & Visible Light Communication market cagr 8.0%

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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

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