Light Fidelity (Li-Fi)

Light Fidelity (Li-Fi)
Global Light Fidelity (Li-Fi) Market to Reach $10.9 Billion by 2030
The global market for Light Fidelity (Li-Fi) estimated at US$657.8 Million in the year 2022, is projected to reach a revised size of US$10.9 Billion by 2030, growing at a CAGR of 42% over the period 2022-2030. LEDs, one of the segments analyzed in the report, is projected to record 42.6% CAGR and reach US$4.6 Billion by the end of the analysis period. Growth in the Photo Detectors segment is estimated at 40.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $239.6 Million, While China is Forecast to Grow at 47.6% CAGR
The Light Fidelity (Li-Fi) market in the U.S. is estimated at US$239.6 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 47.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 33.6% and 36.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 41.8% CAGR.Select Competitors (Total 35 Featured) - IDRO Co. Ltd. KYOCERA SLD Laser, Inc. LightBee Corp Lucibel SA Lvx System Oledcomm SAS PureLiFi ltd. Qualcomm Technologies, Inc. Renesas Electronics Corporation Siemens AG Signify Holding BV Velmenni Wipro LLC Zero1 Pte Ltd Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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