Li-Fi Enabled Communication System Market Share, Size, and Trends by 2027
Li-Fi Enabled Communication System Market: Strategic Insights
Li-Fi Enabled Communication System Market
-
CAGR (2018 - 2027)73.7% -
Market Size 2018
US$ 1.23 Billion -
Market Size 2027
US$ 167.5 Billion
Market Dynamics
GROWTH DRIVERS
- Increase in data transmission demand
- Growing adoption of wireless communication
FUTURE TRENDS
- Development of high-speed Li-Fi systems
- Integration with 5G networks
OPPORTUNITIES
- Expansion in smart city projects
- Growth in IoT applications
Key Players
- Acuity Brands Inc
- Fraunhofer HHI
- Global LiFi Tech
- Infinity Technology Services Limited
- Lucibel SA
- NextLIFI
- Oledcomm
- PureLIFI
- Signify N V
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- LED
- Photo Detector
- Micro Controller
End User
- Smart Home
- Smart City
- Automotive
- Education
- Retail
- Healthcare
- Government
- Transportation