Light Fidelity Market is estimated to be valued at USD 1,068.9 Mn in 2025 and is expected to reach USD 9,245.8 Mn by 2032, growing at a compound annual growth rate (CAGR) of 36.1% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 1,068.9 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
36.10%
2032 Value Projection:
USD 9,245.8 Mn
Light fidelity (Li-Fi) is the wireless communication between devices using light signals. It has several advantages over traditional Wi-Fi, such as lower power consumption, security, and range. It can be used in buildings, cars, and other mobile objects to send data over a short distance without the need for wires or cables. It operates in the visible light spectrum, as well as in ultraviolet and infrared wavelengths. It can also transmit data over several floors in a building, even through walls. Li-Fi has a number of limitations, however, including its ability to only travel within line of sight and the fact that it can't pass through windows.
Market Dynamics:
The growing demand for advanced and secure wireless network communications is expected to drive growth of the global light fidelity (Li-Fi) market over the forecast period. The market is gaining popularity because it offers several benefits over conventional radio frequency (RF) communications, such as higher transmission rates, reduced energy consumption, and increased data security.
However, restricted connectivity and network along with lack of awareness is expected to hinder growth of the global light fidelity (Li-Fi) market during the forecast period.
Key features of the study:
This report provides in-depth analysis of the global light fidelity (Li-Fi) market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global light fidelity (Li-Fi) market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Panasonic Corporation, Koninklijke Philips NV, Renesas Electronics Corporation, Siemens AG, Velmenni, Zero1 Pte Ltd., PureLi-Fi, Oledcomm, LightBee Corp., and IDRO Co. Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global light fidelity (Li-Fi) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global light fidelity (Li-Fi) market
Detailed Segmentation:
Global Light Fidelity (Li-Fi) Market, By Application:
Indoor
Outdoor
Global Light Fidelity (Li-Fi) Market, By Geography:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Panasonic Corporation
Koninklijke Philips NV
Renesas Electronics Corporation
Siemens AG
Velmenni
Zero1 Pte Ltd
PureLi-Fi
Oledcomm
LightBee Corp.
IDRO Co. Ltd
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Application
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing high-speed network demand
Rise in demand for energy-efficient solutions
Restraints
Limited connectivity and range
Lack of awareness regarding the Li-Fi technology
Opportunities
Growing adoption of Lighting-as-a-service (LaaS)
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
4. Global Light Fidelity (Li-Fi) Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Light Fidelity (Li-Fi) Market, By Application, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Indoor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Outdoor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
6. Global Light Fidelity (Li-Fi) Market, By Region, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, By Country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Country 2021-2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)