June 19, 2020

COVID-19 Impact on Global Li-Fi technology Market 2020: Industry Trends, Size, Share, Growth Applications, SWOT Analysis by Top Key Players and Forecast Report to 2026

The Global Li-Fi technology Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. The demand for Li-Fi technology market is driven by an increasing adoption in industries such as healthcare, retail, aerospace, aviation and defence.

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The Li-Fi technology market is expected to show a significant growth rate owing to an increasing demand for advanced data transmission technology and the rising demand for higher bandwidths.

Increasing adoption for vehicle to vehicle communication in automotive industry is estimated to create an opportunity for the growth of this market.

Li-Fi doesn’t work under direct sunlight is a factor which would hinder the growth of the market.

Geographically, North America region dominated the market in 2017 with highest market share owing early adoption of Li-Fi technology in the region.

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Key players covered in the report
Acuity Brands, Inc.
Cree, Inc
LVX System
Samsung Electronics Co., Ltd.
PureLiFi
SISOFT
Signify Holding
VLNCOMM
Velmenni
OLEDCOMM
Lucibel

Target Audience:
* Li-Fi technology providers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies

Key Benefits of the Report:
* Global, Regional, Country, Component, and End Users Market Size and Forecast from 2014-2025 Provide attractive market segments and associated growth opportunities
* Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, product & Component, and competitive landscape with qualitative and quantitative information and facts

Research Methodology
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.

For forecasting, regional demand & supply factor, investment, market dynamics including technical Growth Scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Growth Scenario Supplier,
* Distributors,
* Government Body & Associations, and
* Research Institute

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