Wi-Fi and Li-Fi Market
Wired networks incur gamut components for installing internet connection. It not only surges cost, but complete installation of the components such as switches, hubs, and Ethernet cables etc. drives in multiple complexities. To overcome such challenges, Wi-Fi has emerged as great alternative. This technology implements high-frequency radio waves instead of wired networks. Similar to Wi-Fi, another technology Li-Fi has emerged that uses visible light communication instead of radio signals. Li-Fi delivers high-speed in a much more secure way that even the latest Wi-Fi advancements cannot offer. Li-Fi allows 100 times faster data transmission than Wi-Fi, making it more competent.
Wi-Fi and Li-Fi Market Analysis
The Wi-Fi and Li-Fi markets are estimated to witness a CAGR of 15.0% and 61.3%, respectively during the forecast period upto 2022. The Wi-Fi market is analyzed by deployment mode, products, services, verticals, and regions whereas Li-Fi market is analyzed by components, verticals, and regions. Increasing productivity, high speed, reliable & secure communication, and flexibility are the main reasons to switch to wireless Wi-Fi and Li-Fi technology. The Li-Fi market is emerging and being developed, which would likely lead to an increase in the adoption of Li-Fi in the next 5–7 years.
Regional Analysis
The Americas is set to be the leading region for the Wi-Fi and Li-Fi market growth followed by Europe and Asia Pacific for the adoption of technologies. Asia Pacific is known for improvements in infrastructure and IT investments by MNCs. Thus, the region will have enormous potential for Wi-Fi connections. MEA is set to be the emerging region with a lot of opportunities and is expected to reach $4.09 billion (Wi-Fi) and $827.9 million (Li-Fi), respectively by 2022.
Vertical Analysis
The major verticals covered in the report are IT & telecom, education, healthcare, BFSI, retail, aerospace (in-flight operations), traffic management, underwater applications, and indoor networking. Globally, the industry players are showing interest towards Wi-Fi and Li-Fi technology. The Wi-Fi technology is already being incorporated and is widely accepted in IT & telecom, education, and healthcare sectors due to the organization’s shift towards wireless ecosystem. The indoor networking segment is set to be the leading vertical for Li-Fi technology. The market revenue for indoor networking and traffic management is expected to reach $654.2 million and $5,509.4 million, respectively by 2022.
Wi-Fi and Li-Fi Market Key Players
pureLiFi, IBSENtelecom, Alcatel-Lucent, Ericsson, Hewlett-Packard Enterprise (HPE), Cisco, Lucibel, Ruckus Wireless, GE Lighting, Renesas Electronics Corp., LIGHTBEE, Velmenni, and Oledcomm S.A.S.
Competitive Analysis
The Wi-Fi & Li-Fi are becoming demanding technologies. There are enormous business opportunities for new players entering the market and collaborating with large players in providing various products and services. Especially for Li-Fi technology, new start-ups are coming with technologically advanced products, services, and solutions in the market and are expected to see double-digit growth in the next 5–7 years. In this space, collaboration and merger & acquisition activities are expected to continue.
Wi-Fi and Li-Fi Market Benefits
The report provides an in-depth analysis of the Wi-Fi and Li-Fi market aiming to understand the networking environment. The report talks about deployment mode, products, services, components, verticals, and regions for both Li-Fi and Wi-Fi. The key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the adoption in the next 5–7 years. Moreover, the report provides details about the major challenges impacting the market growth.
Wi-Fi Market by Deployment Mode
- Indoor Wi-Fi
- Outdoor Wi-Fi
- Transportation Wi-Fi
Wi-Fi Market by Products
- Access Points
- WLAN Controllers
- Wireless Hotspots Gateways
Wi-Fi Market by Services
- Network Planning & Design
- Installation
- Support
Wi-Fi Market by Verticals
- IT & Telecom, Education
- BFSI
- Healthcare
- Retail
- Public Sector
Wi-Fi Market by Regions
- Americas
- Europe
- Asia Pacific
- Middle East
Li-Fi Market by Components
- LED
- Photodetectors
- Microcontrollers
Li-Fi Market by Verticals
- Underwater Applications
- Aerospace
- Education
- Healthcare
- Traffic Management
- Defence & Communication Security
- Indoor Networking
Li-Fi Market by Regions
- Americas
- Europe
- Asia Pacific
- Middle East
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 PEST Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.2.1 Wi-Fi Market
3.2.2 Li-Fi Market
3.3 Related Markets
3.3.1 Wired Communication
3.3.2 Unified Communication
4 Market Outlook
4.1 Introduction
4.2 Market Definition- Infoholic Research
4.3 Evolution of Wireless Network Technologies
4.4 Li-Fi
4.4.1 Architecture of Li-Fi
4.4.2 Li-Fi Advantages and Disadvantages
4.5 Architecture of Wi-Fi
4.6 Wi-Fi versus Li-Fi
4.7 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Wireless Protocols of Data Transition
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Network speed
5.2.1.2 Increasing productivity
5.2.1.3 Increasing demand for wireless devices
5.2.1.4 Cost effective
5.2.2 Restraints
5.2.2.1 Network Coverage
5.2.2.2 Security concerns
5.2.2.3 Lack of knowledge
5.2.3 Opportunities
5.2.3.1 New business opportunities for SMEs
5.2.3.2 Increase in investment
5.2.3.3 Smart Infrastructure
5.2.4 DRO – Impact Analysis
6 Wi-Fi Market
6.1 Deployment Mode
6.1.1 Indoor Wi-Fi
6.1.2 Outdoor Wi-Fi
6.1.3 Transportation Wi-Fi
6.2 Products
6.2.1 Access Points (APs)
6.2.2 Wireless Local Area Network (WLAN) Controllers
6.2.3 Wireless Hotspot Gateway
6.2.4 Others
6.3 Services
6.3.1 Network Planning and Design
6.3.2 Installation
6.3.3 Support
6.3.4 Others
6.4 Verticals
6.4.1 IT & Telecom
6.4.2 BFSI
6.4.3 Healthcare
6.4.4 Education
6.4.5 Retail
6.4.6 Public Sector
6.4.7 Others
6.5 Regions
6.5.1 Americas
6.5.1.1 US
6.5.1.2 Canada
6.5.1.3 Brazil
6.5.1.4 Mexico
6.5.2 Europe
6.5.2.1 UK
6.5.2.2 Germany
6.5.2.3 France
6.5.3 Asia Pacific
6.5.3.1 India
6.5.3.2 China
6.5.3.3 South Korea
6.5.4 Middle East & Africa (MEA)
6.5.4.1 UAE
6.5.4.2 South Africa
7 Li-Fi Market
7.1 Components
7.1.1 LED
7.1.2 Microcontrollers
7.1.3 Photodetectors
7.2 Verticals
7.2.1 Underwater Applications
7.2.2 Aerospace (In-flight operations)
7.2.3 Education
7.2.4 Healthcare
7.2.5 Traffic Management
7.2.6 Defence & Communication Security
7.2.7 Indoor Networking
7.2.8 Others
7.3 Regions
7.3.1 Americas
7.3.1.1 US
7.3.1.2 Canada
7.3.2 Europe
7.3.2.1 UK
7.3.2.2 France
7.3.2.3 Germany
7.3.3 Asia Pacific
7.3.3.1 China
7.3.3.2 Japan
7.3.3.3 India
7.3.3.4 Others
7.3.4 MEA
8 Vendor Profiles
8.1 pureLiFi
8.1.1 Overview
8.1.2 Business Unit
8.1.3 Geography Presence
8.1.4 Business Focus
8.1.5 SWOT Analysis
8.1.6 Business Strategy
8.2 IBSENtelecom Ltd.
8.2.1 Overview
8.2.2 Business Unit
8.2.3 Geography Presence
8.2.4 Busiess Focus
8.2.5 SWOT Analysis
8.2.6 Business Strategy
8.3 Alcatel-Lucent SA
8.3.1 Overview
8.3.2 Business Segments
8.3.3 Geographic Revenue
8.3.4 Business Focus
8.3.5 SWOT Analysis
8.3.6 Business Strategies
8.4 Ericsson
8.4.1 Overview
8.4.2 Business Segments
8.4.3 Geographic Revenue
8.4.4 Business Focus
8.4.5 SWOT Analysis
8.4.6 Business Strategies
8.5 Hewlett-Packard Enterprise (HPE)
8.5.1 Overview
8.5.2 Business Unit
8.5.3 Geographic Revenue
8.5.4 Business Focus
8.5.5 SWOT Analysis
8.5.6 Business Strategy
9 Global Generalist
9.1 Cisco System Inc.
9.1.1 Overview
9.1.2 Cisco Market
9.1.3 Cisco in Wi-Fi & Li-Fi Market
9.2 Lucibel
9.2.1 Overview
9.2.2 Lucibel Market
9.2.3 Lucibel in Li-Fi Market
9.3 Ruckus Wireless, Inc.
9.3.1 Overview
9.3.2 Ruckus Wireless Market
9.3.3 Ruckus Wireless in Wi-Fi Market
9.4 GE Lighting
9.4.1 Overview
9.4.2 GE Lighting Market
9.4.3 GE Lighting in Li-Fi Market
9.5 Renesas Electronics Corp
9.5.1 Overview
9.5.2 Renesas Electronics Market
9.5.3 Renesas in Li-Fi Market
10 Companies to Watch for
10.1 LIGHTBEE
10.1.1 Overview
10.1.2 LIGHTBEE Market
10.1.3 LIGHTBEE Li-Fi offering
10.2 Velmenni
10.2.1 Overview
10.2.2 Velmenni Market
10.2.3 Velmenni Li-Fi Offering
10.3 Oledcomm S.A.S
10.3.1 Overview
10.3.2 Oledcomm Market
10.3.3 Oledcomm Li-Fi Offering
11 Competitive Landscape
11.1 Overview
11.1.1 Alcatel-Lucent
11.1.2 Ericsson
11.1.3 Aruba, a Hewlett Packard Enterprise
11.1.4 pureLiFi
11.1.5 IBSENtelecom Ltd.
