Global Li fi Market 2023-2027

Global Li Fi Market 2023-2027

Technavio has been monitoring the Li Fi market and is forecast to grow by $7325.58 mn during 2022-2027, accelerating at a CAGR of 64.84% during the forecast period. Our report on the Li Fi market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in end-user applications, availability of greater bandwidth, and IoT enabled by Li Fi.

Technavio's Li Fi market is segmented as below:

By Application

  • Indoor networking
  • LBS
  • IFCE
  • Underwater communication
  • Others
By End-user
  • Retail
  • Consumer electronics
  • Automotive and transportation
  • Healthcare
  • Others
By Geography
  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the 5G-enabled Li Fi systems as one of the prime reasons driving the Li Fi market growth during the next few years. Also, the adoption of LEDs and an increase in end-user applications will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the Li Fi market covers the following areas:
  • Li Fi market sizing
  • Li Fi market forecast
  • Li Fi market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Li Fi market vendors that include Acuity Brands Inc., Fujitsu Ltd., General Electric Co., Global LiFi Tech, Koninklijke Philips NV, KYOCERA corp., LIFX, LightBee SL, Lucibel SA, Luciom, LumEfficient Lighting Corp., LVX System, nextLiFi, Oledcomm, pureLiFi Ltd., Signify NV, Velmenni, VLNComm Inc., Wipro Ltd., and Zero1 Pte Ltd. Also, the Li Fi market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global Li fi market 2017 - 2021
      • Table Historic Market Size – Data Table on Global Li fi market 2017 - 2021 ($ million)
    • Application Segment Analysis 2017 - 2021
      • Table Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • End-user Segment Analysis 2017 - 2021
      • Table Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2022-2027 (%)
      • Table Data Table on Application - Market share 2022-2027 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Indoor networking - Market size and forecast 2022-2027
      • Table Chart on Indoor networking - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Indoor networking - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Indoor networking - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Indoor networking - Year-over-year growth 2022-2027 (%)
    • LBS - Market size and forecast 2022-2027
      • Table Chart on LBS - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on LBS - Market size and forecast 2022-2027 ($ million)
      • Table Chart on LBS - Year-over-year growth 2022-2027 (%)
      • Table Data Table on LBS - Year-over-year growth 2022-2027 (%)
    • IFCE - Market size and forecast 2022-2027
      • Table Chart on IFCE - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on IFCE - Market size and forecast 2022-2027 ($ million)
      • Table Chart on IFCE - Year-over-year growth 2022-2027 (%)
      • Table Data Table on IFCE - Year-over-year growth 2022-2027 (%)
    • Underwater communication - Market size and forecast 2022-2027
      • Table Chart on Underwater communication - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Underwater communication - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Underwater communication - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Underwater communication - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2022-2027 (%)
      • Table Data Table on End-user - Market share 2022-2027 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Retail - Market size and forecast 2022-2027
      • Table Chart on Retail - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Retail - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Retail - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Retail - Year-over-year growth 2022-2027 (%)
    • Consumer electronics - Market size and forecast 2022- 2027
      • Table Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
    • Automotive and transportation - Market size and forecast 2022-2027
      • Table Chart on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Automotive and transportation - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Automotive and transportation - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Automotive and transportation - Year-over-year growth 2022-2027 (%)
    • Healthcare - Market size and forecast 2022-2027
      • Table Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increase in end-user applications
      • Availability of greater bandwidth
      • IoT enabled by Li fi
    • Market challenges
      • Dominance of competing technologies
      • Field of view (FOV) alignment and shadowing
      • Obstacles in designing Li fi receivers
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Adoption of LEDs
      • Increase in end-user applications
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Acuity Brands Inc.
      • Table Acuity Brands Inc. - Overview
      • Table Acuity Brands Inc. - Business segments
      • Table Acuity Brands Inc. - Key news
      • Table Acuity Brands Inc. - Key offerings
      • Table Acuity Brands Inc. - Segment focus
    • Fujitsu Ltd.
      • Table Fujitsu Ltd. - Overview
      • Table Fujitsu Ltd. - Business segments
      • Table Fujitsu Ltd. - Key news
      • Table Fujitsu Ltd. - Key offerings
      • Table Fujitsu Ltd. - Segment focus
    • General Electric Co.
      • Table General Electric Co. - Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Key news
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • Global LiFi Tech
      • Table Global LiFi Tech - Overview
      • Table Global LiFi Tech - Product / Service
      • Table Global LiFi Tech - Key offerings
    • Koninklijke Philips NV
      • Table Koninklijke Philips NV - Overview
      • Table Koninklijke Philips NV - Business segments
      • Table Koninklijke Philips NV - Key news
      • Table Koninklijke Philips NV - Key offerings
      • Table Koninklijke Philips NV - Segment focus
    • KYOCERA corp.
      • Table KYOCERA corp. - Overview
      • Table KYOCERA corp. - Business segments
      • Table KYOCERA corp. - Key news
      • Table KYOCERA corp. - Key offerings
      • Table KYOCERA corp. - Segment focus
    • Lucibel SA
      • Table Lucibel SA - Overview
      • Table Lucibel SA - Product / Service
      • Table Lucibel SA - Key offerings
    • LumEfficient Lighting Corp.
      • Table LumEfficient Lighting Corp. - Overview
      • Table LumEfficient Lighting Corp. - Product / Service
      • Table LumEfficient Lighting Corp. - Key offerings
    • LVX System
      • Table LVX System - Overview
      • Table LVX System - Product / Service
      • Table LVX System - Key offerings
    • nextLiFi
      • Table nextLiFi - Overview
      • Table nextLiFi - Product / Service
      • Table nextLiFi - Key offerings
    • Oledcomm
      • Table Oledcomm - Overview
      • Table Oledcomm - Product / Service
      • Table Oledcomm - Key offerings
    • pureLiFi Ltd.
      • Table pureLiFi Ltd. - Overview
      • Table pureLiFi Ltd. - Product / Service
      • Table pureLiFi Ltd. - Key offerings
    • Signify NV
      • Table Signify NV - Overview
      • Table Signify NV - Business segments
      • Table Signify NV - Key news
      • Table Signify NV - Key offerings
      • Table Signify NV - Segment focus
    • Velmenni
      • Table Velmenni - Overview
      • Table Velmenni - Product / Service
      • Table Velmenni - Key offerings
    • Zero1 Pte Ltd.
      • Table Zero1 Pte Ltd. - Overview
      • Table Zero1 Pte Ltd. - Product / Service
      • Table Zero1 Pte Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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