Info
Info
News Article

North American Li-Fi Market To Reach $2.5B By 2030

News

Market will be driven by cybersecurity, retail, and in-flight connectivity

According to a recent study from market research firm Graphical Research, by 2030 the North America Li-Fi market size is expected to surpass $2.5 billion, growing at 55 percent CAGR through the forecast period.

The rising number of cybersecurity challenges faced while using Wi-Fi over radio frequencies is one factor in the growing demand for high-speed, reliable, and safe Li-Fi networks. Being based on light sources such as LEDs or laser diodes, Li-Fi networks offer an alternative approach to using radio waves.

Another industry trend vitalising the North America Li-Fi market is the increasing demand for Li-Wi for location-based applications such as retail and commercial sectors.

Li-Fi can also be efficiently used in settings where communication via radio waves can be dangerous or where RF signals cannot penetrate. For instance, underground mines can deploy this technology for reinforced security of the labourers.

In-flight connectivity will also contribute to the growth of the market, according to Graphical Research, because Li-Fi communication does not interfere with the wireless networks that pilots use for ground communication and navigation purposes.
CS International to return to Brussels – bigger and better than ever!


The leading global compound semiconductor conference and exhibition will once again bring together key players from across the value chain for two-days of strategic technical sessions, dynamic talks and unrivalled networking opportunities.


Join us face-to-face on 9-10 November 2021

  • View the agenda.
  • 3 for the price of 1. Register your place and gain complementary access to TWO FURTHER industry leading conferences: PIC International and SSI International.
  • Email info@csinternational.net  or call +44 (0)24 7671 8970 for more details.

*90% of exhibition space has gone - book your booth before it’s too late!

Register


Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}
Live Event