The Light Fidelity (Li-Fi)/Visible Light Communication Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Light Fidelity (Li-Fi)/Visible Light Communication Market?
The market size for Light Fidelity (Li-Fi)/Visible Light Communication has experienced significant growth recently. In 2024, it was valued at $560.87 billion, and it is expected to increase to $1215.15 billion in 2025, with a compound annual growth rate (CAGR) of 116.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Light Fidelity (Li-Fi)/Visible Light Communication Industry?
The Light Fidelity (Li-Fi)/Visible Light Communication market is forecasted to reach a size of $28829.77 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 120.7%.
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What are the Key Growth Drivers Fueling the Light Fidelity (Li-Fi)/Visible Light Communication Market?
The key drivers in the light fidelity (li-fi)/visible light communication market are:
• The integration and coexistence of 5G technology
• The implementation of smart city initiatives
• Enhanced connectivity in the retail and hospitality sectors
• Advancements in healthcare communication solutions and educational institutions' deployments.
Global Market Segmentation: Identifying Major Light Fidelity (Li-Fi)/Visible Light Communication Industry Segments
The light fidelity (Li-Fi)/visible light communication market covered in this report is segmented –
1) By Component: LED, Photodetectors, Microcontrollers (MCU)
2) By Transmission Type: Unidirectional, Bidirectional
3) By Application: Indoor Networking, LBS (Location Based Services), In-Flight Communication And Entertainment, Underwater Communication, Other Applications
4) By Industry Vertical: Retail, Electronics, Defense And Security, Automotive And Transport, Aerospace And Aviation, Healthcare, Other Industry Verticals
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What are the Emerging Trends Shaping the Future of the Light Fidelity (Li-Fi)/Visible Light Communication Market?
The key trends in the light fidelity (li-fi)/visible light communication market are:
• Integration with 5G networks is a key developing trend in the Li-Fi/visible light communication market.
• The use of Li-Fi in healthcare is another emerging trend.
• The application of Li-Fi in retail as well as indoor navigation is gaining traction.
• The use of Li-Fi for secure communication, automotive connectivity, and sustainable connectivity are also becoming popular trends.
Who Are the Top Competitors & Leading Players in the Light Fidelity (Li-Fi)/Visible Light Communication Market?
Major companies in the light fidelity (li-fi)/visible light communication market are:
• General Electric Company
• Oledcomm SA
• Renesas Electronics Corporation
• PureLiFi Ltd.
• Lvx System GmbH
• Acuity Brands Lighting Inc.
• IBSENtelecom Ltd.
• Koninklijke Philips N.V.
• Panasonic Holdings Corporation
• Qualcomm Technologies Inc.
• Firefly Wireless Networks LLC
• Velmenni Oy
• Visilink Technologies Inc.
• Signify Holding B.V.
• VLNComm Inc.
• LumEfficient Inc.
• Plaintree Systems Inc.
• Casio Computer Co. Ltd.
• Axrtek Co. Ltd.
• Lightbee Corporation
• LightPointe Communications Inc.
• Samsung Electronics Co. Ltd.
• Toshiba Corporation
• Air France- KLM Group
• Airbus SE
• Audi AG
• The Boeing Company
• Continental AG
• Daimler AG
• Delta Air Lines Inc.
• Emirates Airline
• Etihad Airways PJSC
• Ford Motor Company
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in light fidelity (Li-Fi) /visible light communication in 2024
