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(IT-NEWSWIRE.COM, April 20, 2019 ) Li-Fi (light fidelity) enabled communication system is defined as a visible light communications (VLC) system that delivers wireless communications at very high speed. This technology is used for wireless communication with the use of light for transmitting data. Li-Fi make use of LED bulbs for data transmission and offers higher speed than Wi-Fi. This technology is faster thus provides high reliable internet connections, and therefore, capable of meeting the boosting demand of high data usage.
The significant drivers of Li-Fi enabled communication system market is the growing in demand for high-speed data transmission and technological superiority over currently prevailing Wi-Fi technology. The mounting adoption for vehicle to vehicle communication in automotive industry are creating opportunities which will increase the demand for Li-Fi enabled communication system market in the forecast period. The market is likely to showcase opportunities for the untapped markets and growing awareness among the users.
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Top Key Players- Acuity Brands, Inc., General Electric, IBSENtelecom Ltd., LightPointe Communications, Inc., LightBee Corporation, Panasonic Corporation, Philips Lighting B.V. (Philips Lighting), PureLi-Fi Ltd., Velmenni R&D Pvt. Ltd., VLNComm Inc. (VLNComm)
The market payers from Li-Fi enabled communication system market are anticipated to lucrative growth opportunities in the future with the rising demand for Li-Fi enabled communication system in the global market. Below mentioned is the list of few companies engaged in the remote sensing technology market. The report also includes the profiles of key Li-Fi enabled communication system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
MARKET SEGMENTATION
The global Li-Fi enabled communication system market is segmented on the basis of components, application, and end users. Based components, the market is segmented as LED, Photo Detector, Microcontroller, and Others. On the basis of the application the market is segmented as Smart Lighting, Mobile Connectivity, Disaster Management, Vehicle And Traffic Management, And Others. Similarly, on the basis of end users segmented into Automotive, Education, Retail, Healthcare, Government, Transportation, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Li-Fi enabled communication system market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Li-Fi enabled communication system market by each region is later sub-segmented by respective countries and segments.
The following key questions have been addressed in the report:
• How has the Li-Fi Enabled Communication System market evolved in the past and how is it anticipated to evolve during the forecast period from 2018 to 2027?
• What are the major market factors propelling the adoption of Li-Fi Enabled Communication System market?
• What are the various challenges for the implementation of Communication System that must be addressed?
• What are the major applications of Li-Fi Enabled Communication System that are being explored?
• Who are the key players offering technology solutions across the different applications and how are they competitively positioned in the market?
• What are the key developmental strategies adopted by the key players to stand out in this market?
• Which applications are on investment priority and why? What will be the revenue generated through each application through the forecast period?
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The Insight Partners
Sameer Joshi
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sam@theinsightpartners.com
Source: EmailWire.Com 
Source: EmailWire.com
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