Wireless Fidelity (Wi-Fi) and Light Fidelity Li-Fi technologies are more demanding in recent time. There are huge business opportunities available to help new players enter the market and to collaborate with big companies to provide various products and services. Particularly for Li-Fi technology, the new start-up market is coming up with advanced products, services and solutions in the market and is expected to double in the next 5 to 7 years. In this space, cooperation and mergers and acquisition laws are expected to continue.
To understand the networking environment, the report Wi-Fi and Li-Fi markets is underlined. The report speaks about the mode, products, services, components, circles and regions deployed for both Li-Fi and Wi-Fi. In the direction of adoption of main stakeholders in the next 5-7 years, information about major trends, drivers, investments, vertical player initiatives and government initiatives can be found. Furthermore, this report gives details of the major challenges that will affect market growth.
As per research report, the Wi-Fi and Li-Fi markets are estimated to witness a CAGR of 15.0% and 61.3%, respectively during the forecast period 2016–2022.
This press release was orginally distributed by SBWire