Market Size – USD 213.5 Million in 2020, Market Growth – at a CAGR of 70.1%, Market Trends –Increasing demand for indoor networking in retail industry.
The global Li-Fi market is expected to reach a market size of USD 14,913.3 Million by 2028 and register a high revenue CAGR, according to latest analysis by Emergen Research. Increasing demand for high-speed networks is a primary factor expected to drive growth of the global Li-Fi market during the forecast period. Growing demand for highly secure network systems in various industries is expected to further propel global market growth during the forecast period. Increasing demand for indoor networking in the retail industry globally is another factor expected to boost growth of the global Li-Fi market growth over the forecast period.
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Key Highlights of Report
Emergen Research has segmented the global Li-Fi market on the basis of component, application, end-use, and region.
Regional Bifurcation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Factors influencing market remuneration:
Table of Content
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020-2028 Chapter 3. Key Insights Chapter 4. Li-Fi Market Segmentation & Impact Analysis 4.1. Li-Fi Market Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing demand for high-speed network 4.2.2.2. Growing demand for highly secure network system in various industries 4.2.2.3. Rising focus of government for smart city 4.2.2.4. Increasing demand for faster data transmission 4.2.3. Market restraints analysis 4.2.3.1. High implementation cost of Li-Fi system 4.2.3.2. Lack of awareness about Li-Fi technology among end-user 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Li-Fi Market By Component Insights & Trends Revenue (USD Million) 5.1. Component Dynamics & Market Share, 2020 & 2028 5.1.1. Photo-Detector 5.1.2. LEDs 5.1.3. Microcontroller 5.1.4. Optical Sensing 5.1.5. Others
CONTINUED…!!
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