Visible Light Communication Li-Fi Companies
Li-Fi companies work on developing technology for wireless communication using light instead of radio frequencies. Li-Fi has the potential for high-speed data transmission and secure communication.
Li-Fi companies work on developing technology for wireless communication using light instead of radio frequencies. Li-Fi has the potential for high-speed data transmission and secure communication.
*Disclaimer: List of key companies in no particular order
Competitive Landscape of Li-Fi Market
The Li-Fi market, where data dances on the wings of light, is poised for takeoff. Driven by the limitations of traditional Wi-Fi, the growing demand for high-speed data transmission, and the increasing adoption of smart technologies. However, navigating this dynamic landscape requires a keen understanding of the key players, their strategies, and the crucial factors influencing market share.
Some of the Visible Light Communication Li-Fi companies listed below:
Strategies Adopted by Key Players:
To thrive in this dynamic market, players need to adopt strategic approaches:
Factors for Market Share Analysis:
While revenue and unit shipments remain essential indicators, assessing market share in the Li-Fi market demands a multifaceted approach:
New and Emerging Companies:
The Li-Fi market is witnessing a surge of innovation, with startups and tech-driven companies challenging established players:
Latest Company Updates:
in 2023, After years of development, IEEE 802.11bb, which is based on the wildly popular WiFi standard and should aid in the commercialization of related devices, has been released. This gives the new Visible Light Communication (VLC) based networking technique, known as LiFi (Light Fidelity), an official global standard. Of course, the concept of using light for communication is not new, but LiFi takes a fresh approach by transforming LED-based light bulbs, computer screens, and other light emitting devices into an advanced WiFi-style wireless data network.
The Scottish National Investment Bank has given £10 million to Edinburgh-based pureLiFi to support a global rollout of LiFi, a revolutionary Visible Light Communication (VLC)-based networking technology, in 2022.
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)