According to a new market research report published by sheer analytics and insights, “The Li-Fi market is expected to reach at USD 81.70 Billion by 2025 growing at an extremely high Compound annual growth rate (CAGR) of 71% from 2018 to 2025. Rise in the demand for high speed transmission of data is the key factor driving the global Li-Fi market. Rising applications of Li-Fi in building smart cities coupled with the increasing demand for reliable and fast communication through internet are further estimated to create new necessities and augment the market of growth over the forecast period of 2018-2025.

Li-Fi Market is expected to provide sustainable growth opportunities during the forecast period from 2019 to 2025. This latest industry research study analyzes the Li-Fi Market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.

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The report titled “Li-Fi Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast 2019 – 2025″ offers a holistic view of the Li-Fi Marker industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Li-Fi Market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.

The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.

Global Li-Fi Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.

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Key Questions Answered by Li-Fi Market Report

  • Product popularity and adoption based on various country-level dynamics
  • Regional presence and product development for leading market participants
  • Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
  • Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
  • number of employees and market concentration, among others

List of Companies Covered:

  • Acuity Brands, Inc.,
  • General Electric,
  • LightBee Corporation,
  • LVX System,
  • Panasonic Corporation,
  • Philips Lighting B.V.,
  • PureLi-Fi Ltd.,
  • QUALCOMM Incorporated,
  • Renesas Electronics Corporation,
  • VLNComm Inc.

Global Li-Fi Market Has Been Segmented Into:

By Component

  • LED
  • Microcontroller
  • Optical Sensor
  • Photo Detector

By End-User

  • Aerospace & Defense
  • Transportation
  • Education
  • Healthcare
  • Retail
  • Others

By Geography Type

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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