Optical Wireless Communication and Li-Fi Market is foreseen to grow exponentially over 2031

Technology

Optical Wireless Communication and Li-Fi Market- An Overview

Optical wireless communication (OWC) is a form of optical communication wherein unguided infrared (IR), ultraviolet (UV), and visible light are utilized as a signal carrier.

Optical wireless communication systems are known to operate within visible bands are also commonly known as visible light communication (VLC). As wireless communications proliferated, the demand for optical communication and Li-fi technologies became highly prominent than ever and made inroads into multiple applications.

As per the current scenario, majority of the mobile data traffic is being consumed indoors, wherein light fidelity (LiFi), a part of the family of optical wireless communication, offers a multitude of advantages and effective solutions to numerous issues of wireless communication.

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Optical Wireless Communication and Li-Fi Market- Segmentation

By application, the optical wireless communication and Li-fi market can be segmented into

  • Industrial
  • Residential
  • Commercial
  • Others

By product type, the optical wireless communication and Li-fi market can be segmented into

  • Microcontrollers
  • LEDs
  • Photodetectors

The research report presents a comprehensive assessment of the optical wireless communication and Li-fi market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data.

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