Li-Fi Market Share

Li-Fi Market Share

The market players are laying emphasis on establishing partnerships and strategic collaborations to expand their business operations and gain a competitive edge. For instance, in October 2019, PureLiFi announced its partnership with Getac, a manufacturer of rugged tablets and PCs for military, manufacturing, and automotive industries.  This partnership aided the company to test the Li-Fi technology for implementation in wireless devices for defense and security applications.
 

Companies are also focusing on new product launches to expand their product portfolio. For instance, in June 2019, Signify launched its Trulifi transceiver, a Li-Fi-enabled device to be mounted on the surface of LEDs and luminaires. This device provides data transmission speed up to 150 Mbps. This aided the company to enhances its product portfolio.
 

Key players operating in the industry include

• Integrated System Technologies Ltd.
• Lightbee S.L.
• Lucibel
• NAV Technologies
• Signify
• PureLiFi
• SLD Laser
• Velmenni
• VLNComm
• Renesas Electronics Corporation
• General Electric
• Oledcomm
• Fujitsu