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Market Research Intellect has released a detailed report on Global Market Research report Agile IoT 2020 with opportunities and strategies to drive growth – COVID-19 Impact and recovery .for customers who want to explore new market avenues, get in-depth information about market products, maximize their revenue and review the strategies implemented by leading market players.
Market Research Intellect s research team has been closely monitoring the market since 2017. During this period, the team covered the factors that are expected to drive market performance and hinder market growth in the 2020-2027 forecast period. In addition, it addressed the challenges faced by key market players, new entrants, and emerging market players.
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