July 20th,2022/IndustryNewsGlobal/ — This new report from Stratview Research analyses the Li-Fi Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Li-Fi Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Li-Fi Market is no different. Derived from the previous market scenario, the Li-Fi Market is likely to witness an impressive CAGR of 50% during the forecast period. 

Key Players:

  • Fujitsu
  • General Electric
  • Integrated System Technologies Ltd.
  • Lightbee S.L.
  • Lucibel
  • NAV Technologies
  • Renesas Electronics
  • Corporation
  • Signify
  • Oledcomm
  • PureLiFi
  • SLD Laser
  • Velmenni
  • VLNComm.

The Li-Fi Market is segmented by–

  • by Component Type (Microcontroller, Photodetector, and LED),
  • by Application Type (Indoor Networking, Aerospace, Automotive, Healthcare, Location-based Services, Underwater Communication, Defense & Security, and Intrinsically Safe Environments), and
  • by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/1913/Li-Fi-market.html#form

Regional analysis:

  • North America is expected to lead the global Li-Fi market during the forecast period.
  • The growth of the region’s market is driven by high demand for energy-efficient devices and high-speed communication.
  • Furthermore, establishment of infrastructure and implementation of advanced technologies with better connectivity for better connectivity to drive the market expansion in the region.
  • The U.S. and Canada are the key growth regions expected to contribute the maximum to the market.
  • Development of green buildings and surge in shelf-life of LEDs are likely to propel the creation of commercial schematics in the North American market.
  • Europe and Asia-Pacific to also offer substantial growth opportunities during the forecast period.

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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