Visible Light Communication and Light Fidelity (LiFi) Market-Global Analysis and Forecast, 2018-2023: Highlighting Market Size, Share by Hardware (LED, Photodiodes, and Processing Unit) & Software and Services Component, Application (Retail, Enterprise, Government, Transportation, Aviation and Aerospace, Healthcare, and Others), and Regional Analysis (North America, Asia Pacific, Europe, RoW)

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Table of Content

TOC
USD
1. Report Scope, Market Definition, and Research Objective

1.1. Market Definition
1.2. Scope of the Report
1.3. Research Objective

0
2. Report Abstract 399
3. Research Methodology

3.1. Global Visible Light Communication and Light Fidelity (LiFi) Market Research Methodology
3.2. Data Sources
3.3. Assumptions and Limitations

199
4. Industry Overview

4.1. Value Chain Analysis
4.2. Timeline
4.3. VLC and LiFi Market Ecosystem and Stakeholders
4.4. Top Market Trends
4.5. Lighting-as-a-Service
4.6. Industry Roadmap

149
5. Market Dynamics

5.1. Market Drivers

5.1.1. Availability of higher bandwidth in comparison to Radio Frequency
5.1.2. Rapid development of Smart cities, requiring integration of smart lights
5.1.3. Increasing popularity of LEDs
5.1.4. Benefits of LiFi over the existing technologies
5.1.5. Participation by major Lighting companies

5.2. Market Challenges

5.2.1. Paucity of Information pertaining to deployment and technology
5.2.2. Lack of standardization
5.2.3. Competition from existing technologies
5.2.4. Barriers to the adoption of LiFi – Technological and Financial

5.3. Opportunity Analysis

5.3.1. Acceptance and integration of LiFi in electronic devices and automobiles
5.3.2. Demand from developing regional markets
5.3.3. Prospects for IoT and 5G

149
6. Competitive Landscape

6.1. Strategic Benchmarking

6.1.1. Mergers and Acquisitions
6.1.2. Product Launch
6.1.3. Partnerships, Collaborations, and Agreements
6.1.4. Business Expansion
6.1.5. Events and Recognitions

6.2. Industry Attractiveness

199
7. Global Visible Light Communication and Light Fidelity (LiFi) Market Analysis and Forecast by Component, 2018-2023

7.1. Overview
7.2. Hardware

7.2.1. Light Emitting Diode (LED)
7.2.2. Photo detector
7.2.3. Processing Units
7.2.4. Market Sizing

7.3. Software

7.3.1. Software and Applications
7.3.2. Indoor Positioning System

899
8. Global Visible Light Communication and Light Fidelity (LiFi) Market Analysis and Forecast by Application, 2018-2023

8.1. Overview
8.2. Retail
8.3. Enterprise
8.4. Government
8.5. Transportation
8.6. Aviation and Aerospace
8.7. Healthcare
8.8. Others

8.8.1. Underwater Communication
8.8.2. Hospitality
8.8.3. Logistics
8.8.4. Industrial
8.8.5. Education
8.8.6. Musuem

8.9. Market Sizing

999
9. Global Visible Light Communication and Light Fidelity (LiFi) Market Analysis and Forecast by Geography, 2018-2023

9.1. Overview
9.2. North America

9.2.1. Overview
9.2.2. Market by Key Countries

9.2.2.1. U.S.
9.2.2.2. Canada
9.2.2.3. Mexico

9.2.3. Market Sizing

9.3. Europe

9.3.1. Overview
9.3.2. Market by Key Countries

9.3.2.1. U.K.
9.3.2.2. Germany
9.3.2.3. Russia
9.3.2.4. France
9.3.2.5. Rest of Europe

9.3.3. Market Sizing

9.4. Asia Pacific

9.4.1. Overview
9.4.2. Market by Key Countries

9.4.2.1. China
9.4.2.2. Japan
9.4.2.3. India (High Growth Areas)
9.4.2.4. South Korea
9.4.2.5. Rest of APAC (High Growth Areas)

9.4.3. Market Sizing

9.5. Rest of the World

9.5.1. Middle East
9.5.2. Africa
9.5.3. South America
9.5.4. Market Sizing

1099
10. Key Market Players’ Profile(Snapshot, Market Participation, Financial Analysis, and Key Strategies and Developments, wherever applicable)

10.1. Acuity brands lighting
10.2. General electric
10.3. Lightbee corp
10.4. Lightpointe communications
10.5. Lucibel
10.6. nextLiFi
10.7. Oledcomm
10.8. Osram
10.9. Outstanding technology co ltd
10.10. Panasonic
10.11. Philips Lighting N.V.
10.12. Purelifi
10.13. Qualcomm technologies ltd
10.14. Renesas electronics corp
10.15. Velmenni
10.16. Vlncomm
10.17. Other Key Players

699
11. Annexure

11.1. List of Abbreviations and Acronyms
11.2. Other Related Reports

0

LIST OF TABLES

1. VLC AND LIFI MARKET KEY PARTNERSHIPS/COLLABORATIONS/ AGREEMENTS 2016-2018
2. VLC AND LIFI MARKET KEY EVENTS AND RECOGNITIONS 2016-2018
3. VLC AND LIFI MARKET KEY PRODUCT LAUNCHES 2016-2018
4. VLC AND LIFI MARKET KEY MERGERS AND ACQUISITONS 2016-2018
5. VLC AND LIFI MARKET KEY BUSINESS EXPANSIONS 2016-2018
6. THREAT OF NEW ENTRANTS

TO GET COMPLETE LIST OF TABLES, EMAIL US-sales@espertomarketresearch.com

LIST OF FIGURES

1. GLOBAL VLC AND LIFI MARKET- RESEARCH SCOPE BY EMR
2. GLOBAL VLC AND LIFI MAREKT – RESEARCH OBJECTIVE
3. TOP DOWN-BOTTOM UP APPROACH FOR ESTIMATION OF MARKET SIZE
4. DATA TRIANGULATION WITH PRIMARY AND SECONDARY DATA SOURCES
5. A SNAPSHOT OF LIFI COMPONENT MARKET STATISTICS
6. A SNAPSHOT OF LIFI APPLICATION MARKET STATISTICS

TO GET COMPLETE LIST OF FIGURES,EMAIL US-sales@espertomarketresearch.com

Visible Light Communication and Light Fidelity (LiFi) Market-Global Analysis and Forecast, 2018-2023: Highlighting Market Size, Share by Hardware (LED, Photodiodes, and Processing Unit) & Software and Services Component, Application (Retail, Enterprise, Government, Transportation, Aviation and Aerospace, Healthcare, and Others), and Regional Analysis (North America, Asia Pacific, Europe, RoW)

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Description


Visible Light Communication and Light Fidelity (LiFi) Market Overview

Wireless communication was the biggest revolution of the 20th century which has encompassed several modes and technologies over the years, all the while ensuring connectivity and bringing people closer. LiFi or Light Fidelity is the latest entrant to this market that is based upon the Visible Light Communication technology and uses light bulbs for communication. As a result, LiFi attempts to serve the dual purpose of illumination and communication, thus providing a more energy and cost efficient alternative to WiFi. At the same time, LiFi is a safer and secure alternative to WiFi, thus filling in its shortcomings. This is the reason why despite being largely in its nascent stage, LiFi has presented itself as a revolutionary solution, with huge prospects for future growth and ability to serve a wide range of applications. With these benefits, LiFi is anticipated to witness large scale commercialization in the near future and even though it won’t replace WiFi anytime soon, LiFi will certainly complement WiFi, thus augmenting the communication experience.

Being at the forefront of technology and advancements, the U.S. and Europe currently hold the dominant share in the market. The more than active participation by research institutes and universities is among the major reasons why this technology is undergoing rapid advancements.

The Global LiFi market is poised to grow at a CAGR of 110.37% in the forecast period 2018-2023. The following figure provides some statistics pertaining to the LiFi market.
.

Figure: Snapshot of LiFi Component Market Estimation and Forecast
 Visible Light Communication and LiFi, espertomarketresearch.com

Source: EMR Analysis

The current scenario suggests that LiFi is primarily at a building stage where it is undergoing research and development and while a few commercial LiFi products have entered the market, the lack of knowledge and information pertaining to the technology and its deployment is preventing its wide scale adoption. In addition to this, the lack of standardization of LiFi products does not allow for inter-operability of components, thus driving up the cost associated with LiFi installation. Also, WiFi is a deep rooted market with a proven technology and performance record. Therefore, it will be a few years before informational, financial, and technological constraints are worked out and LiFi is rightly recognized for its potential and benefits over WiFi.

Despite these challenges, the LiFi market is witnessing double digit growth and is expected to continue to do so. The increasing propensity across the world towards the use of LEDs and the prospects to serve varied applications such as retail and enterprise, and hospitals, industries, airplanes, and hazardous environments such as nuclear plants where WiFi is prohibited, along with Internet of Things are the factors that project LiFi as a market disrupting technology.

In terms of revenue generation, North America and Europe remain neck to neck, with Asia-Pacific expected to witness the highest growth in the market because of the presence of some of the largest semiconductor companies in the region and the fast paced technological advancements. Prominent players in the market are pureLiFi, OLEDComm, VLNComm, Velmenni, Philips Lighting, Lucibel, Osram, and GE among others.

About the Report

The VLC and LiFi Market – Global Analysis and Forecast, 2018-2023 highlights market sizing of the key Components (Hardware – LED, Photodetector, Processing Unit; Software), Applications (Retail, Enterprise, Healthcare, Government, Transportation, Aviation and Aerospace, Industrial, and Others), and all the geographical regions of the world. The report is a meticulous compilation of the qualitative and quantitative analysis of the LiFi market, weighing in the push and pull forces along with the impact of megatrends.

The entire analysis has been carried out with an unbiased and neutral perspective, taking into account the inputs from multiple industry and thought leaders. The report is aligned to lighting companies, semiconductor players, LiFi technology and solutions providers, consumer goods and electronics industries, and LiFi software companies. The market estimate and forecast is precisely based on an exhaustive set of macro and micro factors and have been validated and reviewed by our expert panel.

An exhaustive Industry Overview has been included in the introductory part of the report for helping the readers gain deeper and more granular insights into the LiFi market. The segment also provides Industry Roadmap for the market players, targeted to assist them with their strategic planning. Furthermore, the Competitive Landscape segment includes Strategic Benchmarking which collates the key developments from prominent market players since 2016 to understand the preferred/prevalent strategy in the market.

The report shall help the readers in finding answers to the following questions:

  • What are the prevalent revenue models in the VLC and LiFi market?
  • What is the approach towards the global VLC and LiFi market estimation and forecast?
  • What macro and micro factors are weighed in quantitatively foe market forecast?
  • What factors are driving the growth of the market?
  • What are the restraining factors to the growth of the VLC and LiFi market?
  • What are the investment possibilities in the industry?
  • Which players are the most active in the industry?
  • What should be the roadmap for direct and indirect market players?
  • What is the current market size of LiFi and how will it evolve in the next five years?
  • How will the growth in LED market drive the growth of LiFi market?
  • Which component will witness the fastest growth through 2018-2023?
  • Which application will become the dominant contributor to the global revenue by the end of 2023?
  • Which region will dominate the global LiFi market by 2023?

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Visible Light Communication and Light Fidelity (LiFi) Market-Global Analysis and Forecast, 2018-2023: Highlighting Market Size, Share by Hardware (LED, Photodiodes, and Processing Unit) & Software and Services Component, Application (Retail, Enterprise, Government, Transportation, Aviation and Aerospace, Healthcare, and Others), and Regional Analysis (North America, Asia Pacific, Europe, RoW)

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Visible Light Communication and Light Fidelity (LiFi) Market-Global Analysis and Forecast, 2018-2023: Highlighting Market Size, Share by Hardware (LED, Photodiodes, and Processing Unit) & Software and Services Component, Application (Retail, Enterprise, Government, Transportation, Aviation and Aerospace, Healthcare, and Others), and Regional Analysis (North America, Asia Pacific, Europe, RoW)

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