Li-Fi Market Trends and Growth Drivers Analysis 2027

irene garcia
7 days ago
4 min read

Overview of the Global Li-Fi Industry:

The Global Li-Fi market is projected to experience substantial growth between 2022 and 2027, driven by digital transformation, innovation in service delivery, and expanding demand. With a forecasted CAGR of 60% during the forecast period, i.e., 2022-27.

This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.

Market Size & Forecast (2022–2027)

Base Year: 2021
Forecast Period: 2022-27
Estimated CAGR (2022-27): 60%

Key Market Driver (What’s Driving Li-Fi Li-Fi Sector Growth?)

Overburdened RF Spectrum & Declining Prices of LEDs - With the rapidly rising number of users & devices, there's a substantial risk of RF (Radio Frequency) spectrum crunch in the coming years, as its size is limited. The Li-Fi technology uses a visible light spectrum for high-speed data transmission, which is different from & 10000 times larger than the RF spectrum currently used in WiFi technology. As a result, the gradually diminishing RF spectrum is projected to tremendously boost the adoption of Li-Fi technology and drive the Global Li-Fi Market through 2027.

Moreover, governments of various countries worldwide are actively encouraging the use of more and more LEDs, owing to their low power usage, better illumination, & zero harmful emissions. In fact, some nations are also offering LED lighting solutions at subsidized rates, which, as a result, has notably reduced their prices in the previous few years. The same trend is expected in the coming years, which would drive more users toward adopting Li-Fi systems and fuel the overall market growth.

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Top Companies in the Li-Fi Market

Here’s a snapshot of key players leading innovation and market share:

Acuity Brands, Inc.
Fujitsu Ltd.
Fsona Networks Corporation
General Electric
Global Li-Fi Tech, Inc
Integrated System Technologies Ltd
Lightbee S.L.
LumEfficient Lighting Corporation
LVX System
Lucibel SA
Oledcomm SAS
Panasonic Corporation
PureLiFi Limited
Renesas Electronics Corporation
Signify Holding B.V.
Velmenni OÜ
VLNComm Inc
Others

The market is highly fragmented, with a mix of and regional players competing for market share. To Learn More About the Trends Impacting the Future of Top 10 Companies in Premium Li-Fi Market

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/li-fi-market.html

Li-Fi Market Segmentation Analysis

-By Components

LEDs
Microcontrollers
Photodetectors
Others (Optical Sensors, etc.)

Amongst them all, LEDs are projected to dominate the Global Li-Fi Market with the largest share during 2022-27.

-By End-User

Aerospace & Defense
Healthcare
Education
Retail
Automotive
Others (Transportation, Media & Entertainment, etc.)

Here, the retail sector is a significant contributor to the market expansion. Across indoor retail stores, Li-Fi is deployed mainly as a positioning element, which allows retailers to significantly improve the customer shopping experience by providing them with the latest promotional offers.

Geographical Analysis

-By Region

North America
South America
Europe
Middle East & Africa
Asia-Pacific

Among all regions, North America is the largest Li-Fi Market globally. It attributes to the increasing deployment of indoor location-based utilities & light fixtures in hotels & retail outlets across the region, coupled with notable advancements in communication technologies like wireless sensor networks, the Internet of Things (IoT), Big Data, & smartphones.

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Methodology Behind the Report

This research combines qualitative and quantitative methods, including:

Expert interviews
Proprietary forecasting models
Financial and trade databases
Government and institutional data

Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.

Frequently Asked Questions About the Li-Fi Market

What is the growth rate of the Li-Fi market from 2022–2027?
Which segment are expected to dominate market?
Who are the top companies and what strategies being they using?
What are the key risks and challenges in this industry?
How can businesses prepare for future trends?

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