LIGHT FIDELITY MARKET ANALYSIS

Regional Analysis

Global Light Fidelity (Li-Fi) Market: Regional Insights

North America is anticipated to show substantial growth in the global light fidelity (Li-Fi) market over the forecast period, owing to increasing developments in information technology such as, Internet of Things, Smartphones, Big Data, and wireless sensor networks are driving the development of smart buildings in the region. Furthermore, the smart homes penetration is likely to increase in the region due to such advancements in various technologies. As a result, the region is expected to gain major share in the global market.

Asia Pacific to account for dominating share in the global light fidelity (Li-Fi) market over the forecast period. The growth of this region can be attributed to massive investments in technologies to boost the internet infrastructure of the region, growing research and development activities for development of a high-quality visible light communication system.  Moreover, technological advancements in the region are also expected to support growth of the market in Asia Pacific region.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa