tmrApril 30, 2021 3
Li-Fi (light fidelity) is a visible light communications (VLC) system which provides wireless communications at very high speed. Li-Fi is a technology used for wireless communication by using light to transmit data. Li-Fi uses LED bulbs for data transmission. Li-Fi provides higher speed than Wi-Fi. Li-fi technology is faster and it provides more reliable internet connections, and is capable of catering to the demand of high data usage
The driving factor for the global Li-Fi market is the increase in demand for high-speed data transmission. Li-Fi technology transmits data at very high speed and is capable of delivering 224GB of data per second. Furthermore, it offers better security as compared to Wi-Fi. Due to its high speed, Li-Fi technology can be widely used in electromagnetic sensitive areas, such as, hospitals, airplanes, and nuclear power plants. Innovation and new product launches are further boosting the growth of the market. For instance, in December
Li-Fi Market Expected to Reach at High Pace by 2025 | Know COVID-19 Analysis | Top Companies- LightBee Corporation, LightPointe Communications Inc.
Indoor Networking Type Is Anticipated to Witness the Significant Market Growth During Forecast Period 2020-2025
BriefingWire.com, 12/21/2020 - The Global Li-Fi Market is forecast to reach $276 million by 2025, growing at a CAGR of 31.5% from 2020 to 2025. The market growth is attributed to factors such as growing demand for indoor networking in the commercial sector, increasing implementation of Li-Fi in healthcare and education sectors, others. Moreover, rise in penetration of smart devices, construction of smart cities and commercial establishments boosts the market growth.
Key Takeaways
As digitalisation multiplies the number of connected devices, the bandwidth of radio frequencies is facing a bottleneck due to its small capacity, which impacts the quality of service. Li-Fi technology, on the other hand, uses a visible light continuum for data processing that is free of any scale constraints. The impending RF crunch is therefore an important d