The Visible
Light Communication (VLC)/Light Fidelity (Li-Fi) Market report discusses the primary market growth drivers and challenges that
the vendors and the market as a whole face and provides an overview of the key
trends emerging in the market. It also talks about the market size of different
segments and their growth aspects along with key leading countries in Americas,
Asia-Pacific, Europe, the Middle East, and Africa regions.
Synopsis:
The global
Visible Light Communication (VLC)/Light Fidelity (Li-Fi) Market was projected
at US$ 454.8 million in 2015 and is anticipated to touch US$ 101.30 billion by
the completion of the year 2024. The technology of light fidelity is meant for
the wireless communication amid the devices utilizing the spectrum of visible
light and infrared to transfer information and location. For the broadcast of
visible light, merely LED lamps can be utilized in its present-day condition.
In terms of
technology it can be referred to as a visible light transport network system,
which is able to conveying information by high speeds above the spectrum of
infrared and visible light. The communication is fully networked wireless, high
speed, and bi-directional. It provides access to multiple user and mobility.
Download Free Sample Report Now @ https://www.millioninsights.com/industry-reports/visible-light-communication-li-fi-market-size/request-sample
Some of the
major objectives of this report:
1. To provide
detailed analysis of the market structure along with forecast of the various
segments and sub-segments of the global Visible Light Communication (VLC)/Light
Fidelity (Li-Fi) Market.
2. To provide
insights about factors affecting the market growth. To analyze the Visible
Light Communication (VLC)/Light Fidelity (Li-Fi) Market based on various
factors- price analysis, supply chain analysis, porter five force analysis etc.
3. To provide
historical and forecast revenue of the Visible Light Communication (VLC)/Light
Fidelity (Li-Fi) Market segments and sub-segments with respect to four main
geographies and their countries- North America, Europe, Asia, and Rest of the
World.
4. Country
level analysis of the market with respect to the current market size and future
prospective.
5. To provide
country level analysis of the market for segment by application, product type
and sub-segments.
6. To provide
strategic profiling of key players in the market, comprehensively analyzing
their core competencies, and drawing a competitive landscape for the market.
7. Track and
analyze competitive developments such as joint ventures, strategic alliances,
mergers and acquisitions, new product developments, and research and
developments in the global Visible Light Communication (VLC)/Light Fidelity
(Li-Fi) Market.
By way of the
continually developing technologies for example Internet of Things (IoT), and
5G wireless broadband, the technology of light fidelity is certainly going to
expand to the numerous additional arenas of applications for example education,
aviation, healthcare, and retail. It will entirely alter the presently existing
business verticals in the world today.
The technology
of light fidelity can connect faraway and aloof topographies through the nation
that cannot be touched over the optical fiber. It is extensively utilized in
projects of smart city. Upsurge in government investment in the projects of
smart city increases the demand for light fidelity.
Drivers and
Restraints:
Increasing
demand for wireless internet connection and growing necessity for high speed
and protected technology of data transmission having negligible interference
are the most important issues motivating the development of the global visible
light communication (VLC) market. Growing usage of LED lights in light fidelity
due to its fewer consumption of energy, extensive life span, low-slung price,
and easy obtainability, are bolstering the global market.
Additionally,
the growing demand for higher bandwidth, rewards linked with visible light
communication (vlc) technology, and great development in the Research &
Development activities to overwhelm the practical challenges are estimated to motivate
the global market for the duration of the forecast. Yet, absence of alertness
regarding the technology of light fidelity hampers the development of the
market.
Regional
Lookout:
By Region the
global visible light communication market can be classified as North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe
headed the global market by means of value. Furthermore, Asia Pacific region is
likely to observe the maximum development for the duration of the forecast. Upsurge
in usage of wireless data in tablets, laptops and smartphones owing to
increasing inhabitants and speedy development in the region is projected to
motivate the market for the duration of the forecast. Furthermore, growth in
the demand for completely protected, bidirectional and highspeed wireless
communication is projected to increase the market within the area.
Companies:
Some of the
important companies for light fidelity market are Firefly Wireless Networks,
Plain tree Systems, Panasonic Corporation, Casio, Axrtek, Oledcomm S.A.S, LVX
System Corp., Koninklijke Philips, Acuity Brand Lighting Inc., Lucibel, Light
Pointe Communications, IBSEN telecom, Byte Light, Avago Technologies, Pure
Li-Fi, Light bee Corp., and General Electric Company.
Additional
notable companies are IDRO Co. Ltd., Zero1 Pte Ltd, Siemens AG, Velmenni,
Renesas Electronics Corporation, Qualcomm Technologies, Inc., Sun partner
Technologies, Yuyang D & U Co., Ltd., Wipro, LLC, FSOna Networks Corp, LG
Innotek Co., Ltd, Semicon Light Co., Ltd., Bridge lux, Inc.
Know
More Insights @ https://newsonmarketblog.wordpress.com
No comments:
Post a Comment