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North America $16 Bn Li-Fi Market, 2022

Research and Markets Logo

News provided by

Research and Markets

Sep 19, 2017, 07:00 ET

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DUBLIN, September 19, 2017 /PRNewswire/ --

The "Li-Fi Market in North America: Analysis of Growth, Trends and Progress 2017 - 2022" report has been added to Research and Markets' offering.

The North America Li-Fi market is estimated to be worth US$ 16 billion in 2021

This new disruptive innovation is expected to grab a high portion of Wi-Fi market especially in commercial use segment. USA is going to be the 2nd biggest Li-Fi in the world after China.

The growth and increase in lifetime of LED lightening has led to formation of new commercial prototypes in the lightening industry. In Li-Fi technology, visible light coming from LED bulbs acts as carrier for data and can reach any devices which is illuminated by it. The flickering of LED bulb creates signal for the receiver device and thereby transmitting data. This wireless optical networking technology has the potential to transmit data up to speed of 224 GB per second and is about 100 times faster than Wi-Fi.

 This market has got commercialized for its unidirectional communication applications. Li-Fi can be installed in any house, commercial building, aircraft, streets and others. It has vast usage in future and holds immense potential. Without any new arrangement, Li-Fi can be used from existing LED bulbs in houses. It can be installed in street lights as well and can provide internet to each and every person walking on the streets.

Major opportunities in LIFI industry includes: Smart LED lightening for commercial buildings and private homes, smart lightening of public spaces like stations and airports, traffic updates from traffic lights, Smart Store, Consumer Electronics and Game Consoles. The market for photo detector segment is also expected to witness a boom due to advent of this technology. The lack of penetration through walls and opaque objects can restrain this technology drastically. Lifi can also be used in railways for providing accurate information of trains and can help in route management.

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Key Findings of The Study

4. Market Overview

5. Market Dynamics

6. North America Li-Fi Market

7. Investment Analysis

8. Recent Developments and Trends

9. Future of North America Li-Fi Market

For more information about this report visit

https://www.researchandmarkets.com/research/7vckx9/lifi_market_in

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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