Li-Fi Market Analysis of Key Players, End User, Demand and Consumption By 2023

1. Li-Fi Market May Set New Growth Story: Major Giants 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2. Li-Fi Market Analysts have split the market into component, end-users, and applications segments based on products and services. Wireless communications based companies have been profiled. The lack of demand from certain regional markets is set to affect the global market during the forecast period 2017 to 2024. The report also provides the market’s performance forecasts till 2024. Analysts have studied the strategy of wireless communications segment based organizations to help new entrants and established businesses. The wireless communications sector itself is supported by a rise in disposable income as well as the changing social behavior. During the forecast period 2017 to 2024, the Li-Fi market is set to witness a health growth across component, end-users, and applications segments as well as regional markets. Market Segmentation The wireless communications sector has seen growth across component, end-users, and applications segments owing to the increasing spending power of consumers and technological developments. To study the market, analysts have further segmented component, end-users, and applications into LED, microcontroller, optical sensing, and photo detectors on the basis of component. The market is further segmented into applications sub segment which is split into advance tracker, smartphone, and standalone tracker. Additionally, the Li-Fi market on the basis of end- users is segmented into aerospace & defense, automotive, consumer electronics, education, government, healthcare, retail, transportation, and others. The segmental analysis presented in the report provides wireless communications field based organizations insights into key growth factors such as advancements in technology as well as challenges such as concerns regarding high costs the market will face from 2017 to 2024. The growing application areas and the increasing demand from various industry verticals are some of the key factors having an influence on wireless communications industry based companies, suggest analysts as per the Li-Fi market report. But the report also identifies the lack of investments and the lack of investments in R&D as major threats companies in wireless communications will face till 2024. 2 www.marketresearchfuture.com

3. Li-Fi Market Regional Overview Wireless communications market based companies in the Li-Fi market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. Favorable government policies will be a key growth driver for regional markets. However, the growing penetration of alternatives in the market will turn out to be a threat. For the forecast period 2017 to 2024 each of these regional markets are studied in the report. Starting from North America, the regional market and wireless communications vertical based companies are spread across the United States, Canada, and Mexico. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/3561 The lack of awareness will turn out to be a major challenge from 2017 to 2024. Certain aspects of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by favorable policies across regional markets as well as the presence of effective communication, suggests the report. Similarly, the wireless communications sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the Li- Fi market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2024. Competitive Landscape The global Li-Fi market research report brings a comprehensive study of component, end-users, and applications market segments, regional analysis, and wireless communications vertical based company details of key players. As the forecast period 2017 to 2024 will bring new opportunities for the market owing to the presence of untapped market opportunities and consumers aiming for more convenience, the market is set to grow at a compound annual growth rate of 70% and is predicted to reach a value of US$51 billion by 2024. With SWOT analysis of wireless communications sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as an underdeveloped infrastructure and high initial investments, companies in the wireless 3 www.marketresearchfuture.com

4. Li-Fi Market communications sector can change the way business is done. Industry News pureLiFi, the world's largest LiFi technology group, announced today that it has raised $18 million in a Series B round of funding to provide LiFi technology to mass-market smart device and lighting manufacturers. Temasek, a Singapore- based investment firm, and the Scottish Investment Bank are among the investors in the round. The funds will be used to further improve Gigabit LiFi modules and make them usable in form factors that are compatible with mobile devices. At Mobile World Congress, the company announced their shift from LiFi systems to modules, demonstrating modern Gigabit LiFi built into a laptop. Table of Content: 5 Market Factor Analysis 5.1 Li-Fi Supply Chain 18 5.2 Porter’s Five Forces Analysis 19 6 Global Li-Fi Market, By Component 6.1 Introduction 20 6.1.1 Market By Sub-Segment 21 6.1.1.1 LED 21 4 www.marketresearchfuture.com

5. Li-Fi Market 6.1.1.2 Optical Sensing 22 6.1.1.3 Microcontroller 23 6.1.1.4 Photo Detector 24 6.1.1.5 Others 25 Get Complete Report @ https://www.marketresearchfuture.com/reports/visible-light-communication-li-fi-market- 3561 Related Reports: http://www.globenewswire.com/news-release/2021/02/17/2176703/0/en/Wireless-Audio-Devices-Market-is- Projected-to-Surpass-USD-70-Billion-By-2027-North-America-Region-to-Dominate-Global-Wireless-Audio-Devices- Industry.html http://www.globenewswire.com/news-release/2021/02/23/2180326/0/en/CMOS-and-sCMOS-Image-Sensor- Market-Valued-10-42-Billion-in-2017-and-Projected-to-Reach-USD-30-84-Billion-by-2027-Asia-Pacific-Region-is- Leading-Global-Market-with-12-8-CAGR.html 5 www.marketresearchfuture.com

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