Global Li-Fi Market Analysis & Forecast 2017 To 2023

Li-Fi is an emerging technology similar to Wi-Fi, with a speed of 224 gigabytes per second that is 100 times faster than Wi-Fi service.

Reference: 180060
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General

Publisher:
Market Research Future
Geography Covered
Global
Publication Date
Aug. 2017
Pages
86
Version:
2017
Language
  • English
  • Chinese
Format
License

Report Description
Introduction
Li-Fi is an emerging technology similar to Wi-Fi, with a speed of 224 gigabytes per second that is 100 times faster than Wi-Fi service. The prevailing benefit of light emitting diode is fuelling the light fidelity market. That includes dynamic color translation, long life span, energy efficient, resistant to low temperature, very low lighting period (nanosecond) and strong protective layer is aiding the growth of LED in LI-FI. The average lasting period of LED light is quite high as compared to halogen bulb that results into less maintenance and replacement cost of LED bulbs which is further boosting the adoption of LED in LI-FI. A LED creates a binary sequence that helps in transmitting data by switching on-off millions times a LED bulb. The data transmit changes are so fast, that it cannot be viewed by human eye and is capable of sending all kind of data that includes audio, video and broadband at a speed of 1Gb/s than 150mb/s for Wi-Fi. Li-Fi signal travels through narrow focus beams and does not pass through walls. Besides, LED lights is a natural beam former that makes it easy to create separate uplink and downlink channel, that results into more secure internet browsing. Factors such as low power consumption and high durability is increasing the usage of LED lighting system in Li-Fi.
The Li-Fi network comprise of LED lighting technology to transmit electronic data signals that enable users to access the internet through ordinary lighting system in school, colleges and home. The energy efficient LED and secure wireless network is boosting the Li-Fi market. The growing internet usage through smartphone and other electronic gadgets is further fuelling the growth of Li-Fi market
The Li-Fi signal cannot penetrate through walls owing to sensor technology that fails to transmit the digital information in presence of an obstacle. This problem of data transmission through wall can be overcome by switching to radio frequency that allows data penetration through walls. Due to data transfer limitation, there will be need for Wi-Fi network and radio frequency cellular system in remote area that consists of trees, walls and other obstacles. The absence of line of sight in transmission of data through walls is hampering the Li-Fi market.
The global Li-Fi market is expected to grow approximately at USD 50,985.46 Million by 2023, approx. 70.20% of CAGR between 2017 and 2023.
Key Players
The key players of Li-Fi market includes General Electric (U.S.), Koninklijke Philips N.V. (Netherlands), Oledcomm (France), PureLiFi Limited (U.K.), Panasonic Corporation (Japan), Acuity Brands, Inc. (U.S.), LightPointe Communications, Inc. (U.S.), Velmenni (Tartu), LightBee Corporation (U.S.), FSONA Networks (U.K.) and others.

Global Li-Fi Market Analysis & Forecast, from 2017 to 2023
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Li-Fi market.
• To provide insights about factors affecting the market growth.
• To analyze the Li-Fi market based on porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment on the basis of component, application and end user.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Li-Fi market.
Target Audience
• Device manufacturers
• Network Operators
• Distributors
• Suppliers
• Research firms
• Software Developers
• Commercial Banks
• Vendors
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors

Key Findings
• The global Li-Fi market is expected to reach USD 50,985.46 Million by 2023.
• By Component, LED sub segment in Li-Fi market accounts for the largest market share and is growing with approximately ~71% CAGR during forecast period.
• By Application, smartphone segment holds the largest market growing with approximately 71% CAGR by the end of forecast period.
• By End User, retail sub segment holds the largest market share and is growing with approximately 72% CAGR by the end of forecast period.
• Geographically, Asia-Pacific region has been projected to have the largest market share in global Li-Fi market followed by Europe region, while North America ranks third in the Li-Fi market.

Regional and Country Analysis of Li-Fi Market Estimation and Forecast
Li-Fi Market is growing with the positive growth in all the regions. Increasing application areas year on year and advancement in technology and integration is driving the market on global scale. On the basis of region, the market has been segmented into North America, Europe, Asia-Pacific and Rest of the World. North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in Li-Fi market in North America is attributed to increasing demand for energy efficient devices and increasing demand for high speed data communication in the region
The reports also cover country level analysis:
• North America
o US
o Canada
o Mexico
o Others
• Europe
o Germany
o UK
o France
o Rest of the Europe
• Asia – Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Rest of the World

1 Market Introduction
2 Research Methodologies
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Size Estimation
3 Market Dynamics
3.1 Market Drivers
3.1.1 Increasing Adoption Of LED Lighting System
3.1.2 Increasing Demand Of Wireless Optical Networks And RF-Based Networks
3.1.3 Increasing Demand For Fast, Secure And Reliable Network
3.1.4 Increasing Number Of Internet Users
3.2 Market Restraints
3.2.1 Li-Fi Signal Cannot Penetrate Through Walls
3.2.2 Lack Of Awareness Of Benefits Of Technology
3.3 Market Opportunity
3.3.1 Smart LED Lighting For Commercial, Industrial And Residential Space
3.3.2 Application Of Li-Fi Into Medical Applications
4 Executive Summary
5 Market Factor Analysis
5.1 Li-Fi Supply Chain
5.2 Porter’s Five Forces Analysis
6 Global Li-Fi Market, By Component
6.1 Introduction
6.1.1 Market by Sub-segment
6.1.1.1 LED 21
6.1.1.2 Optical Sensing
6.1.1.3 Microcontroller
6.1.1.4 Photo Detector
6.1.1.5 Others
7 Global Li-Fi Market, By Application
7.1 Introduction
7.1.1.1 Smartphones
7.1.1.2 Standalone tracker
7.1.1.3 Advance tracker
7.1.1.4 Others
8 Global Li-Fi Market, By End-User
8.1 Introduction
8.1.1.1 Aerospace & Defense
8.1.1.2 Healthcare
8.1.1.3 Education
8.1.1.4 Transportation
8.1.1.5 Automotive
8.1.1.6 Consumer Electronics
8.1.1.7 Retail
8.1.1.8 Government
8.1.1.9 Others
9 Global Li-Fi Market, By Region
9.1.1 North America
9.1.2 Europe
9.1.3 Asia-Pacific
9.1.4 ROW
10 Competitive Analysis
10.1 Market Share Analysis
10.2 Company Profiles
10.2.1 GENERAL ELECTRIC
10.2.1.1 Business Overview
10.2.1.2 Product/Services Offering
10.2.1.3 Business Strategy
10.2.1.4 SWOT Analysis
10.2.2 PHILIPS N.V
10.2.2.1 Business Overview
10.2.2.2 Product/Services Offering
10.2.2.3 Business Strategy
10.2.2.4 SWOT Analysis
10.2.3 OLEDCOMM
10.2.3.1 Business Overview
10.2.3.2 Product/Services Offering
10.2.3.3 Business Strategy
10.2.3.4 SWOT Analysis
10.2.4 PURELIFI LTD.
10.2.4.1 Business Overview
10.2.4.2 Product/Services Offering
10.2.4.3 Business Strategy
10.2.4.4 SWOT Analysis
10.2.5 PANASONIC CORPORATION
10.2.5.1 Business Overview
10.2.5.2 Product/Services Offering
10.2.5.3 Business Strategy
10.2.5.4 SWOT Analysis
10.2.6 ACUITY BRANDS LIGHTING, INC.
10.2.6.1 Business Overview
10.2.6.2 Product/Services Offering
10.2.6.3 Business Strategy
10.2.6.4 1.1.2.4 SWOT Analysis
10.2.7 LIGHTPOINTE COMMUNICATIONS, INC.
10.2.7.1 Business Overview
10.2.7.2 Product/Services Offering
10.2.7.3 Business Strategy
10.2.7.4 SWOT Analysis
10.2.8 VELMENNI
10.2.8.1 Business Overview
10.2.8.2 Product/Services Offering
10.2.8.3 Business Strategy
10.2.8.4 SWOT Analysis
10.2.9 LIGHTBEE CORPORATION
10.2.9.1 Business Overview
10.2.9.2 Product/Services Offering
10.2.9.3 Business Strategy
10.2.9.4 SWOT Analysis
10.2.10 FSONA NETWORKS
10.2.10.1 Business Overview
10.2.10.2 Product/Services Offering
10.2.10.3 Business Strategy
10.2.10.4 SWOT Analysis
11 Appendix
11.1 Definition
11.2 Scope of the Study
11.2.1 Research Objective
11.2.2 Assumption
11.2.3 Limitation

TABLE 1 GLOBAL LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
TABLE 2 GLOBAL LI-FI MARKET OF LED SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 3 GLOBAL LI-FI MARKET OF OPTICAL SENSING BY REGION, 2016-2023 (USD MILLION)
TABLE 4 GLOBAL LI-FI MARKET OF MICRO-CONTROLLER SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 5 GLOBAL LI-FI MARKET OF PHOTO-DETECTOR SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 6 GLOBAL LI-FI MARKET OF OTHERS SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 7 GLOBAL LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 8 GLOBAL LI-FI MARKET OF SMARTPHONE SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 9 GLOBAL LI-FI MARKET OF STANDALONE TRACKER SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 10 GLOBAL LI-FI MARKET OF ADVANCE TRACKER SEGMENT BY REGION, 2016-2013 (USD MILLION)
TABLE 11 GLOBAL LI-FI MARKET OF OTHERS SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 12 GLOBAL LI-FI MARKET, BY END-USER SEGMENT, 2016-2023 (USD MILLION)
TABLE 13 GLOBAL LI-FI MARKET OF AEROSPACE & DEFENSE SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 14 GLOBAL LI-FI MARKET OF HEALTHCARE SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 15 GLOBAL LI-FI MARKET OF EDUCATION SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 16 GLOBAL LI-FI MARKET OF TRANSPORTATION BY REGION, 2016-2023 (USD MILLION)
TABLE 17 GLOBAL LI-FI MARKET OF AUTOMOTIVE BY REGION, 2016-2023 (USD MILLION)
TABLE 18 GLOBAL LI-FI MARKET OF BY CONSUMER ELECTRONICS SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 19 GLOBAL LI-FI MARKET OF RETAIL MARKET BY REGION, 2016-2023 (USD MILLION)
TABLE 20 GLOBAL LI-FI MARKET OF GOVERNMENT SEGMENT BY REGION, 2016 -2023 (USD MILLION)
TABLE 21 GLOBAL LI-FI MARKET OF OTHERS SEGMENT BY REGION, 2016-2023 (USD MILLION)
TABLE 22 GLOBAL LI-FI MARKET RESEARCH REPORT- FORECAST,2016-2023 (USD MILLION)
TABLE 23 GLOBAL LI-FI MARKET RESEARCH REPORT BY NORTH AMERICA REGION - FORECAST 2016 -2023 (USD MILLION)
TABLE 24 NORTH AMERICA LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
TABLE 25 NORTH AMERICA LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 26 NORTH AMERICA LI-FI MARKET, BY END USER, 2016-2023 (USD MILLION)
TABLE 27 EUROPE LI-FI MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
TABLE 28 EUROPE LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
TABLE 29 EUROPE LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 30 EUROPE LI-FI MARKET, BY END USER, 2016-2023 (USD MILLION)
TABLE 31 ASIA PACIFIC LI-FI MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
TABLE 32 ASIA PACIFIC LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
TABLE 33 ASIA PACIFIC LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 34 ASIA PACIFIC LI-FI MARKET, BY END-USER, 2016-2023 (USD MILLION)
TABLE 35 ROW LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
TABLE 36 ROW LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
TABLE 37 ROW LI-FI MARKET, BY END USER, 2016-2023 (USD MILLION)
TABLE 38 ROW LI-FI MARKET, BY END USER,2016-2023 (USD MILLION)

FIGURE 1 MRFR RESEARH PROCESS
FIGURE 2 FORECAST MODEL
FIGURE 3 GLOBAL LI-FI MARKET: DRIVERS & CHALLENGES
FIGURE 4 GLOBAL LI-FI MARKET SUPPLY CHAIN
FIGURE 5 GLOBAL LI-FI MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 6 GLOBAL LI-FI MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 GLOBAL LI-FI MARKET BY COMPONENT, 2016-2023 (USD MILLION)
FIGURE 8 GLOBAL LI-FI MARKET OF LED SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 9 GLOBAL LI-FI MARKET OF OPTICAL SENSING BY REGION, 2016-2023 (USD MILLION)
FIGURE 10 GLOBAL LI-FI MARKET OF MICRO-CONTROLLER SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 11 GLOBAL LI-FI MARKET OF PHOTO-DETECTOR SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 12 GLOBAL LI-FI MARKET OF OTHERS SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 13 GLOBAL LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
FIGURE 14 GLOBAL LI-FI MARKET OF SMARTPHONE SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 15 GLOBAL LI-FI MARKET OF STANDALONE TRACKER SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 16 GLOBAL LI-FI MARKET OF ADVANCE TRACKER SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 17 GLOBAL LI-FI MARKET, BY OTHERS (USD MILLION)
FIGURE 18 GLOBAL LI-FI MARKET, BY END-USER SEGMENT, 2016-2023 (USD MILLION)
FIGURE 19 GLOBAL LI-FI MARKET, BY AEROSPACE & DEFENSE, 2016-2023 (USD MILLION)
FIGURE 20 GLOBAL LI-FI MARKET OF HEALTHCARE SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 21 GLOBAL LI-FI MARKET EDUCATION SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 22 GLOBAL LI-FI MARKET OF TRANSPORTATION BY REGION, 2016-2023 (USD MILLION)
FIGURE 23 GLOBAL LI-FI MARKET OF AUTOMOTIVE BY REGION, 2016-2023 (USD MILLION)
FIGURE 24 GLOBAL LI-FI MARKET BY CONSUMER ELECTRONICS SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 25 GLOBAL LI-FI MARKET OF RETAIL MARKET BY REGION, 2016-2023 (USD MILLION)
FIGURE 26 GLOBAL LI-FI MARKET OF GOVERNMENT SEGMENT BY REGION, 2016 -2023 (USD MILLION)
FIGURE 27 GLOBAL LI-FI MARKET OF OTHERS SEGMENT BY REGION, 2016-2023 (USD MILLION)
FIGURE 28 GLOBAL LI-FI MARKET RESEARCH REPORT – FORECAST,2016-2023 (USD MILLION)
FIGURE 29 NORTH AMERICA LI-FI MARKET, BY COUNTRIES, 2016-2023 (USD MILLION)
FIGURE 30 NORTH AMERICA LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
FIGURE 31 NORTH AMERICA LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
FIGURE 32 NORTH AMERICA LI-FI MARKET, BY END USER, 2016-2023 (USD MILLION)
FIGURE 33 EUROPE LI-FI MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
FIGURE 34 EUROPE LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
FIGURE 35 EUROPE LI-FI MARKET, BY APPLICATION , 2016-2023(USD MILLION)
FIGURE 36 EUROPE LI-FI MARKET, BY END USER, 2016-2023 (USD MILLION)
FIGURE 37 ASIA PACIFIC LI-FI MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
FIGURE 38 ASIA PACIFIC LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
FIGURE 39 ASIA PACIFIC LI-FI MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
FIGURE 40 ASIA PACIFIC LI-FI MARKET, BY END-USER, 2016-2023 (USD MILLION)
FIGURE 41 ROW LI-FI MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
FIGURE 42 ROW LI-FI MARKET, BY APPLICATION, 2016-2023(USD MILLION)
FIGURE 43 GLOBAL LI-FI KEY PLAYERS MARKET SHARE, 2016 (%)

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