Li-Fi Enabled Communication System Market Expected to Reach Tremendous Growth, Industry Insights, Market Size, Share, Forecast to 2027

The Global Li-Fi Enabled Communication System Market accounted to US$ 1,229.0 Mn in 2018 and is expected to grow at a CAGR of 73.7% during the forecast period 2019 – 2027 to account to US$ 167,496.4 Mn by 2027. North America was the leading geographic region in the Li-Fi enabled communication system market and it is anticipated to be the highest revenue contributor throughout the forecast period. High disposable incomes of individuals, investment in advanced technologies, huge consumer electronics industry are some of the major factors driving the growth in this region. The penetration of consumer electronic devices in the region is very high and devices like smartphones, tablets and personal computers have found a broader user base in North America. This research report will give you deep insights about the Li-Fi Enabled Communication System Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 140 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, COVID-19 impact analysis, SWOT analysis, etc. Internet of things (IoT) plays a crucial role in the deployments and demands for Li-Fi technology in this region. The majority of the world’s largest technology companies have favored in the high economic growth which drives the Li-Fi enabled communication system market in the region.

Top Listed Players in this Report are:

Acuity Brands, Inc.

Fraunhofer HHI

Global LiFi Tech

Infinity Technology Services Limited

Lucibel SA

NextLIFI

Oledcomm

PureLIFI

Signify N.V.

VLNComm

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Global Li-Fi Enabled Communication System Market – By Component

LED

Photo Detector

Micro Controller

Others

Global Li-Fi Enabled Communication System Market – By End-User

Smart Home

Smart City

Automotive

Education

Retail

Healthcare

Government

Transportation

Others

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