Li-Fi Devices Market Scope
Li-Fi stands for visible light communication (VLC) technology, which employs light as a medium to enable high-speed communication in a similar way to Wi-Fi. Li-Fi outperforms Wi-Fi in terms of bandwidth, efficiency, availability, and security, and has already demonstrated high speeds in the lab. Data is sent through an LED light bulb that fluctuates in intensity quicker than the human eye can follow, allowing Li-Fi to transmit data through lighting. Li-Fi is good at high-density wireless data coverage in limited places with no impediments, whereas Wi-Fi is suitable for broader wireless coverage within buildings. Li-Fi is a wireless optical networking system that transmits data using light emitting diodes (LEDs).
The Li-Fi Devices market study is segmented, by Application (Transportation, Healthcare, Vehicles, Aviation and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States & French Players will contribute to the maximum growth of Global Li-Fi Devices market throughout the predicted period.
PureLi-Fi Ltd. (United Kingdom), Signify Holding BV (Netherlands), Velmenni R&D Pvt. Ltd. (India), Lucibel SA (France), Philips Lighting B.V. (Netherlands), VLNComm Inc. (United States), Panasonic Corporation (Japan), LVX System (United States), Oledcomm SAS (France) and Acuity Brands, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are LightPointe Communications, Inc. (United States), General Electric (United States) and LightBee Corporation (Spain).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Li-Fi Devices market by Type, Application and Region.
On the basis of geography, the market of Li-Fi Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 30th October, 2019 - Getac Announced Partnership Agreement with PureLiFi to Develop Ruggedized LiFi Devices. Getac's Position in The Rugged Devices Business Will Be Strengthened as A Result of This Arrangement, Which Will Improve Our Commitment to Clients Working in Severe and Tough Settings.
- Increasing Number of Smart Applications
- Increasing IoT Applications Across Electrical Appliances
- Demand for Wireless Traffic Management
- Rising Awareness for Energy Efficiency
- Growing Number of Smart City Projects
- Lack of Awareness
- High-Cost Expenses
- Scalability Concerns
- Market Penetration Across New Regions
Key Target AudienceLi-Fi Device Manufactures, New Entrants and Investors, Li-Fi Device Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others