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global LI-FI market to grow at a CAGR of 47.73% during the period 2016-2020.

Friday, November 18, 2016 8:32
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The incapability of light to penetrate obstructions and walls ensures that data transmitted will be limited to the room or space. This property makes Li-Fi more secure than Wi-Fi. In addition, Li-Fi does not cause electromagnetic interference. Although the LED bulb must be kept on for transmitting the signal, it can be lowered as per needs. Data can be transferred using Li-Fi technology through all types of light, regardless of their spectrum. Moreover, Li-Fi ensures that a user does not necessarily have to be in a Wi-Fi enabled region, and can surf the internet by being around a source of light.

Technavio’s analysts forecast the global LI-FI market to grow at a CAGR of 47.73% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global LI-FI market for 2016-2020. To calculate the market size, the report discusses the major drivers that influence the growth of the global Li-Fi market.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• Europe

Technavio’s report, Global LI-FI Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• General Electric
• LVX System
• Oledcomm
• Philips
• pureLiFi

Other prominent vendors 
• Avago Technologies
• Axrtek
• ByteLight
• Casio
• IBSENtelecom
• Lightbee
• LightPointe Communications
• Luciom
• Outstanding Technology
• Panasonic
• Plaintree Systems
• Renesas Electronics
• Supreme Architecture

Market driver 
• Faster and safer data transfer
• For a full, detailed list, view our report 

Market challenge 
• FOV alignment and shadowing 
• For a full, detailed list, view our report 

Market trend 
• Increase in end-user applications
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

 

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