Li-Fi Market Global Analysis by Size, Share, Business Growth, Latest Applications, Emerging Technologies, Challenges, Demand and Dynamics 2020 To 2023
                     Li-Fi Market Research Report By Forecast to 
2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Li-Fi Market 
Global Li-Fi Market is expected to grow at approximately USD 51 Billion by 2023, Li-Fi Market is growing at 70% of CAGR between 2019 
and 2023, Li-Fi market has been segmented on the basis of component, application and end user.
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Li-Fi Market 
“Taste the market data and market information presented through more than 50 market data tables 
and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content 
TOC & market synopsis on Internet of Li-Fi Market Forecast To 2023”
Li-Fi market has been segmented on the basis of component, application and end user. The component segment is further bifurcated 
into LED, optical sensing, microcontroller, photo detector and others. Optical wireless technology is enhancing the Li-Fi market by 
transferring data at a faster rate. The information carried through wireless optical network is much faster as compared to other channels. 
The most important advantage of using wireless optical network is that, the frequency penetrates through wall and feasibility of 
installing these networks anywhere is boosting the utilization of wireless optical network in Li-Fi market.
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Li-Fi Market 
Regional Analysis
The market report for Li-Fi market is analyzed for the regions of North America, Asia Pacific, Europe, and Rest of the World. The market 
for Li-Fi technology in the region of Asia Pacific is estimated to grow at the fastest rate during the forecast period. The region of North 
America is predicted to account for the largest share of Li-Fi technology market. North America’s major growth for the Li-Fi market can 
be attributed to an upward graph in the demand of energy efficient devices as well as a rise in demand for higher speed data 
communication. 
Moreover, the region of North America is expected to drive major growth due to a well-established infrastructure. Such conditions make 
the implementation of the Li-Fi technology much smoother and faster. This attribute fuels the market growth as well as prompts 
technological experimentation and advancements.
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Li-Fi Market 
Application & Major Players in this Research:
Li-Fi Market Prominent Players:
• Panasonic Corporation (Japan), 
• Acuity Brands, 
• Inc. (U.S.), 
• LightPointe Communications, 
• Inc. (U.S.), 
• General Electric (U.S.), 
• Koninklijke Philips N.V. (the Netherlands), 
• Oledcomm (France), 
• PureLiFi Limited (U.K), 
• Velmenni (Tartu),
•  LightBee Corporation (U.S.), 
• FSONA Networks (U.K) 
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Li-Fi Market 
Li-Fi Market Segmented on the basis of
Segment:
The Li-Fi market can be segmented based on component, application, and end-user.
• LED sub-segment to beat other components
• Component-wise, the market is segmented into light emitting diode (LED), optical sensing, microcontroller, photo detector 
and others. Among these, led is estimated to be the largest market owing to its usage in combining illumination with the 
ability to modulate brightness that can be received and used as data.
• The applications in the global market are smart phones, standalone tracker, advance tracker and others.
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