Articles
Light Fidelity (LiFi) Market Analysis By Size, Share And Technology
by Lisa Tate Industrial Report-TechSci ResearchGlobal Light Fidelity market is expected to grow at a double digit CAGR during the forecast period, owing to faster speed of data transmission, enhanced data security, no electromagnetic interference, and less power consumption. Based on the component, the Global Light Fidelity market has been segmented into LED, Photodetector, Software and Microcontroller. The software segment accounted for the largest share of the market in 2017 and is expected to grow at higher rate during the forecast period due to two-way communication by the Visible Light Communication(VLC) technology and efficient software support. Photodetector segment is expected to grow at the highest CAGR during the forecast period due to the commercialisation of bidirectional Visible Light Communication. Based on the transmission type, the Global Light Fidelity market is categorised into Unidirectional and Bidirectional. Bidirectional VLC is expected to grow at a higher rate during the forecast period, owing to the fact that full utilization of special features of VLC is possible only with bidirectional transmission. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Asia-Pacific is expected to dominate the market in the forecast period, due to the huge investments in telecom infrastructure and government funding.
Years considered for this report:
Historical Year : 2014 - 2017
Base Year : 2018
Estimated : 2019
Forecast : 2020 - 2024
Objective of the Study:
- To analyse and forecast the market size of Global Light Fidelity Market, in terms of value.
- To classify and forecast Global Light Fidelity Market based on component, transmission type, application, end use industry and regional distribution.
- To identify drivers and challenges for Global Light Fidelity Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Light Fidelity Market.
- To conduct the pricing analysis for Global Light Fidelity Market.
- To identify and analyse the profile of leading players involved in the Global Light Fidelity.
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Some of the leading players in the Global Light Fidelity Market are Koninklijke Philips NV, General Electric Co., Bytelight Inc., Panasonic Corp., Purelifi Ltd, LVX System, Oledcomm, Lucibel, Outstanding Technology Co. Ltd and Axrtek, etc.
Report Scope:
In this report, Global Light Fidelity Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Component
- Market, By Transmission Type
- Market, By Application
- Market, By End Use Industry
- Market, By Region
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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About Lisa Tate 
Industrial Report-TechSci Research
87 connections, 0 recommendations, 543 honor points.Joined APSense since, March 24th, 2022, From New Delhi, India.
Created on Jun 20th 2022 00:59. Viewed 181 times.
