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*As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Li-Fi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The global Li-Fi market is currently witnessing exponential growth. Light fidelity (Li-Fi), or visible light communication (VLC), refers to a wireless optical networking technology that utilizes light to transfer data at high speeds. It uses the visible light spectrum, ultraviolet (UV) and infrared radiations (IR). The system operates through light-emitting diodes (LEDs) and microcontrollers that trigger the conversion of light waves into electric signals. These signals are then received by photodetectors that interpret the changes in light intensity as data. This technology can connect remote and distant terrains across vast areas that cannot be reached through optical fibers, owing to which it finds extensive applications across various industries, including healthcare, automotive, aerospace, electronics, information technology (IT) and defense.

Global Li Fi Market

The primary factors driving the market growth include hyper-urbanization and the increasing construction of smart cities across the globe. Furthermore, widespread adoption of cloud computing, big data tools and multi-tier data center architectures across industries is also providing a boost to the market growth. In comparison to the traditionally used alternatives, such as Wi-Fi, Li-Fi systems offer massive bandwidth spectrum, higher speeds, enhanced data security and minimal network and radio interference. Additionally, the increasing adoption of automated systems across residential and commercial sectors is creating lucrative opportunities for the industry players for business expansion. The growing applications of indoor location-based services, such as smart car parking, smart lighting, health monitoring, logistics and shopping assistance have increased the demand for high-speed data communication systems. Other factors, including the rising need for advancements in the existing technologies, lowering prices of LED systems and extensive research and development (R&D) activities, are projected to drive the market in the upcoming years. Looking forward, IMARC Group expects the market to register a CAGR of around 42% during 2020-2025.

Breakup by Component:

  • LED Lamps
  • Optical Sensor
  • Microcontroller
  • Software
  • Others
     

Breakup by Application:

  • Indoor Networking
  • LBS (Location Based Services)
  • In-Flight Communication and Entertainment
  • Underwater Communication
  • Others
     

Breakup by Transmission Type:

  • Unidirectional
  • Bidirectional


Breakup by End-User:

  • Retail
  • Consumer Electronics
  • Automotive and Transportation
  • Healthcare
  • Defense and Security
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being FSOna Networks Corp, General Electric Co., LG Innotek, Lightpointe Communications, Lucibel, LVX System, Oledcomm, Philips, PureLi-Fi Ltd., Semicon Light Company, Sunpartner Technologies, Wipro LLC, etc.

Key Questions Answered in This Report:

  • How has the global Li-Fi market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the transmission type?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global Li-Fi market and who are the key players?
  • What is the degree of competition in the market?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Li-Fi Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Forecast
6    Market Breakup by Component
    6.1    LED
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Optical Sensor
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Microcontroller
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Software
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Application
    7.1    Indoor Networking
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    LBS (Location Based Services)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    In-Flight Communication and Entertainment
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Underwater Communication
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Transmission Type
    8.1    Unidirectional
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Bidirectional
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End-User
    9.1    Retail
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Consumer Electronics
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Automotive and Transportation
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Healthcare
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Defense and Security
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
    12.1    Overview
    12.2    Research and Development
    12.3    Product Design
    12.4    Component Manufacturers
    12.5    System Integrators
    12.6    Communication Network Providers
    12.7    System Installation
    12.8    End-Users
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    FSOna Networks Corp
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
        14.3.2    General Electric Co.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    LG Innotek Co. Ltd.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    Lightpointe Communications Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    Lucibel
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
           14.3.5.3 Financials
        14.3.6    LVX System
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
        14.3.7    Oledcomm
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
        14.3.8    Philips
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
        14.3.9    PureLi-Fi Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
        14.3.10    Semicon Light Co. Ltd.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 
        14.3.11    Sunpartner Technologies
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio 
        14.3.12    Wipro LLC
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio 

List of Figures

Figure 1: Global: Li-Fi Market: Major Drivers and Challenges
Figure 2: Global: Li-Fi Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Li-Fi Market: Breakup by Component (in %), 2019
Figure 4: Global: Li-Fi Market: Breakup by Application (in %), 2019
Figure 5: Global: Li-Fi Market: Breakup by Transmission Type (in %), 2019
Figure 6: Global: Li-Fi Market: Breakup by End-User (in %), 2019
Figure 7: Global: Li-Fi Market: Breakup by Region (in %), 2019
Figure 8: Global: Li-Fi Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Li-Fi (LED Lamps) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Li-Fi (LED Lamps) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Li-Fi (Optical Sensor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Li-Fi (Optical Sensor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Li-Fi (Microcontroller) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Li-Fi (Microcontroller) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Li-Fi (Software) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Li-Fi (Software) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Li-Fi (Other Components) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Li-Fi (Other Components) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Li-Fi (Indoor Networking) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Li-Fi (Indoor Networking) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Li-Fi (Location Based Services) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Li-Fi (Location Based Services) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Li-Fi (In-Flight Communication and Entertainment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Li-Fi (In-Flight Communication and Entertainment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Li-Fi (Underwater Communication) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Li-Fi (Underwater Communication) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Li-Fi (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Li-Fi (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Li-Fi (Unidirectional) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Li-Fi (Unidirectional) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Li-Fi (Bidirectional) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Li-Fi (Bidirectional) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Global: Li-Fi (Retail) Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Global: Li-Fi (Retail) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: Global: Li-Fi (Consumer Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: Global: Li-Fi (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Global: Li-Fi (Automotive and Transportation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Global: Li-Fi (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Global: Li-Fi (Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Global: Li-Fi (Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Global: Li-Fi (Defense and security) Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Global: Li-Fi (Defense and security) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Global: Li-Fi (Other End-Users) Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: Global: Li-Fi (Other End-Users) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: North America: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: North America: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: United States: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: United States: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: Canada: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: Canada: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Asia Pacific: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Asia Pacific: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: China: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: China: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Japan: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Japan: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: India: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: India: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: South Korea: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: South Korea: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: Australia: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: Australia: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: Indonesia: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: Indonesia: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Others: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Others: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Europe: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Europe: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Germany: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Germany: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: France: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: France: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: United Kingdom: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: United Kingdom: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Italy: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Italy: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Spain: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Spain: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Russia: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Russia: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Others: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 82: Others: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 83: Latin America: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 84: Latin America: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 85: Brazil: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 86: Brazil: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 87: Mexico: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 88: Mexico: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 89: Others: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 90: Others: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 91: Middle East and Africa: Li-Fi Market: Sales Value (in Million US$), 2014 & 2019
Figure 92: Middle East and Africa: Li-Fi Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 93: Global: Li-Fi Industry: SWOT Analysis
Figure 94: Global: Li-Fi Industry: Value Chain Analysis
Figure 95: Global: Li-Fi Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Li-Fi Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Li-Fi Market Forecast: Breakup by Component (in Million US$), 2020-2025
Table 3: Global: Li-Fi Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 4: Global: Li-Fi Market: Breakup by Transmission Type (in %), 2019
Table 5: Global: Li-Fi Market Forecast: Breakup by End-User (in Million US$), 2020-2025
Table 6: Global: Li-Fi Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Li-Fi Market: Competitive Structure
Table 8: Global: Li-Fi Market: Key Players 

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