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(Hosting-NewsWire.com, November 29, 2017 ) Market Highlights: Li-Fi technology facilitates bidirectional, high speed communication through wireless channel by utilizing visible light spectrum in a closed controlled environment such as hospital, airplane, shopping complex, office, and vehicle among others. It is used to provide communication between electronic devices with the help of visible light communication, or VLC technology. The use of VLC systems can be particularly observed in lighting facilities such as LED bulbs. Need of high speed data transmission, data security, impending RF spectrum crunch, and several technological superiorities over Wi-Fi technology majorly drives the visible light communication market. Apart from being economical, Light Fidelity offers several technological advantages over currently prevailing Wi-Fi technology which include, nearly 100 times faster speed of data transmission, enhanced data security, no electromagnetic interference, and less power consumption. However, limited range of communication limits the applicability of Li-Fi because it is best used in a closed control environment, while the presence of other light sources hampers its speed. Although, extensive research in this field is anticipated to fuel up the demand in the light fidelity (Li-Fi) market in the upcoming years.
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Market Outlook The market of Li-Fi technology is currently at its introductory stage, although it is anticipated to witness a very high growth rate in next five years owing to its exclusive advantages, such as safe to use with medical and aviation equipment as they do not create electromagnetic interference, very high speed of data transmission, enhanced data security and broader bandwidth in comparison to currently prevailing Wi-Fi technology. Light Fidelity (Li-Fi) is a very high speed, two-way wireless communication method which uses visible light from LEDs as the medium for transmitting the data by turning them on and off at very high frequency which human eyes cannot sense. This technology is an apt replacement for currently prevailing Wi-Fi technology as Li-Fi is considerably faster, has almost 10,000 times broader bandwidth because it uses visible light, and it is safe to operate in electromagnetic sensitive areas.
Key Players: This report studies the global Light Fidelity (Li-Fi) market, analyzes and researches the Light Fidelity (Li-Fi) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like • Acuity Brand Lighting, Inc • General Electric Company • Koninklijke Philips • Lightbee Corp • LVX System Corp. • PureLi-Fi Ltd • Oledcomm • Avago Technologies • Axrtek • ByteLight • Casio • IBSENtelecom • Panasonic • LightPointe Communications • Plaintree Systems
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Market segment by Type, the product can be split into • LED Lights • Microcontroller • Photo Detector Market segment by Application, Light Fidelity (Li-Fi) can be split into • Indoor Networking • Hospital • Vehicles • Underwater Communication_ Market segment by Regions/Countries, this report covers • United States • EU • Japan • China • India • Southeast Asia
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Source: EmailWire.Com
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