Growing reliance on Li-Fi Market technology in schools and research institutes to provide seamless and secure internet connectivity to students, is poised to drive market outlook. This technology offers new way of wireless communication that LED lights to transmit data wirelessly.

It provides better connectivity, bandwidth, efficiency and security than Wi-Fi and is gaining wide-spread acceptance. By leveraging the low-cost nature of light emitting diodes and lighting units, there can be a lot of opportunities to utilize the potential of this medium. The Li-Fi market size will exceed USD 8 billion in terms of remunerations by 2030 globally.

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Li-Fi market is estimated to garner huge profits from defense & security applications over the coming years. The key factors which may fuel the adoption of the technology is the significant threats posed to security by RF and Wi-Fi, as they are highly vulnerable to data loss, leakage or data stealing.

The implementation of Li-Fi Market in the defense sector will ensure security of information transferred as well as stored. Besides security, this technology also ensures the stability of the connection to avoid data loss and is expected to gain massive popularity due to advantages associated with it.

With increased implementation of Li-Fi Market technology, microcontroller Li-Fi devices will also witness significant demand. The growth is attributable to key advantage of the component; flexible and easy mounting ability on small spaces. These devices can be integrated with small ASICs which can further be implemented in several devices including laptops, tablets, smartphones and others.

Robust penetration rate of smartphones, resulting in high demand for fast data transfer and straining of the existing radio frequency-based wireless networks is fueling the adoption of market in APAC region. Also, expansive potential of technology adoption in private, commercial, military and other sectors will supplement APAC Li-fi industry share in the coming years.

Proliferation of internet, increasing reliance on cloud data and growing RF spectrum crunch is generating a huge demand for alternative wireless communication technologies. Li-Fi technology providers are collaborating with consumer electronics manufacturers to integrate Li-Fi enabled microcontrollers and chipsets in laptops, smart wearables, smartphones and other electronic devices. Potential Li-Fi implementation in automotive sector for V2V and V2R communication will foster business growth in the coming years.

The competitive landscape of Li-Fi market comprises of key manufacturers including Lucibel, Oledcomm, Signify, Renesas Electronic Corporation, VLNComm, Acuity Brands, NAV Technologies.and SLD Laser, among others.

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Table of Content

Chapter 5.   Li-Fi Market, By Component

5.1.  Key trends by component

5.2.  LED

5.2.1. Market estimates and forecast, 2016 – 2030

5.3.  Photodetectors

5.3.1. Market estimates and forecast, 2016 – 2030

5.4.  Microcontrollers (MCU)

5.4.1. Market estimates and forecast, 2016 – 2030

Chapter 6.   Li-Fi Market, By Application

6.1.  Key trends by application

6.2.  Automotive

6.2.1. Market estimates and forecast, 2016 – 2030

6.3.  Indoor Networking

6.3.1. Market estimates and forecast, 2016 – 2030

6.4.  Aerospace

6.4.1. Market estimates and forecast, 2016 – 2030

6.5.  Healthcare

6.5.1. Market estimates and forecast, 2016 – 2030

6.6.  Intrinsically safe environment

6.6.1. Market estimates and forecast, 2016 – 2030

6.7.  Location based services

6.7.1. Market estimates and forecast, 2016 – 2030

6.8.  Defense & security

6.8.1. Market estimates and forecast, 2016 – 2030

6.9.  Underwater communication

6.9.1. Market estimates and forecast, 2016 – 2030

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