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PUBLISHER: IMARC | PRODUCT CODE: 1451273
PUBLISHER: IMARC | PRODUCT CODE: 1451273
Li-Fi Market Report by Component, Application (Indoor Networking, LBS, In-Flight Communication and Entertainment, Underwater Communication, and Others), Transmission Type, End-User, and Region 2024-2032
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PAGES: 142 Pages
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The global Li-Fi market size reached US$ 686.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 22,139.4 Million by 2032, exhibiting a growth rate (CAGR) of 45.7% during 2024-2032.
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.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global Li-Fi market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, application, transmission type and end user.
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
- 1. What was the size of the global Li-Fi market in 2023?
- 2. What is the expected growth rate of the global Li-Fi market during 2024-2032?
- 3. What are the key factors driving the global Li-Fi market?
- 4. What has been the impact of COVID-19 on the global Li-Fi market?
- 5. What is the breakup of the global Li-Fi market based on the component?
- 6. What is the breakup of the global Li-Fi market based on the application?
- 7. What is the breakup of the global Li-Fi market based on the end-user?
- 8. What are the key regions in the global Li-Fi market?
- 9. Who are the key players/companies in the global Li-Fi market?
Product Code: SR112024A1916
Table of Contents
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 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 LED Lamps
- 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
- 10.1.1 United States
- 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
- 10.2.1 China
- 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
- 10.3.1 Germany
- 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
- 10.4.1 Brazil
- 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
- 14.3.1 FSOna Networks Corp
Product Code: SR112024A1916
List of Figures
- Figure 1: Global: Li-Fi Market: Major Drivers and Challenges
- Figure 2: Global: Li-Fi Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Li-Fi Market: Breakup by Component (in %), 2023
- Figure 4: Global: Li-Fi Market: Breakup by Application (in %), 2023
- Figure 5: Global: Li-Fi Market: Breakup by Transmission Type (in %), 2023
- Figure 6: Global: Li-Fi Market: Breakup by End-User (in %), 2023
- Figure 7: Global: Li-Fi Market: Breakup by Region (in %), 2023
- Figure 8: Global: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Li-Fi (LED Lamps) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Li-Fi (LED Lamps) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Li-Fi (Optical Sensor) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Li-Fi (Optical Sensor) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Li-Fi (Microcontroller) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Li-Fi (Microcontroller) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Li-Fi (Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Li-Fi (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Li-Fi (Other Components) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Li-Fi (Other Components) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Li-Fi (Indoor Networking) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Li-Fi (Indoor Networking) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Li-Fi (Location Based Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Li-Fi (Location Based Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Li-Fi (In-Flight Communication and Entertainment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Li-Fi (In-Flight Communication and Entertainment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Li-Fi (Underwater Communication) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Li-Fi (Underwater Communication) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Li-Fi (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Li-Fi (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Li-Fi (Unidirectional) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Li-Fi (Unidirectional) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Li-Fi (Bidirectional) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Li-Fi (Bidirectional) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Global: Li-Fi (Retail) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Global: Li-Fi (Retail) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Global: Li-Fi (Consumer Electronics) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Global: Li-Fi (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Global: Li-Fi (Automotive and Transportation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Global: Li-Fi (Automotive and Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Global: Li-Fi (Healthcare) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Global: Li-Fi (Healthcare) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Global: Li-Fi (Defense and security) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Global: Li-Fi (Defense and security) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Global: Li-Fi (Other End-Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Global: Li-Fi (Other End-Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: North America: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: North America: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: United States: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: United States: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Canada: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Canada: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Asia Pacific: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Asia Pacific: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: China: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: China: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Japan: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Japan: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: India: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: India: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: South Korea: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: South Korea: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Australia: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Australia: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Indonesia: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Indonesia: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Others: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Others: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Europe: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Europe: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Germany: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Germany: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: France: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: France: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: United Kingdom: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: United Kingdom: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Italy: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Italy: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Spain: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Spain: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Russia: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Russia: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 81: Others: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 82: Others: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 83: Latin America: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 84: Latin America: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Brazil: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 86: Brazil: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 87: Mexico: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 88: Mexico: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 89: Others: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 90: Others: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 91: Middle East and Africa: Li-Fi Market: Sales Value (in Million US$), 2018 & 2023
- Figure 92: Middle East and Africa: Li-Fi Market Forecast: Sales Value (in Million US$), 2024-2032
- 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, 2023 and 2032
- Table 2: Global: Li-Fi Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 3: Global: Li-Fi Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Li-Fi Market Forecast: Breakup by Transmission Type (in Million US$), 2024-2032
- Table 5: Global: Li-Fi Market Forecast: Breakup by End-User (in Million US$), 2024-2032
- Table 6: Global: Li-Fi Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Li-Fi Market: Competitive Structure
- Table 8: Global: Li-Fi Market: Key Players
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