Light Fidelity or Li-Fi is a Visible Light Communications (VLC) system running wireless communications traveling at very high speed.Li-Fi uses common household LED (light emitting diodes) light bulbs to enable data transfer, boasting speeds of up to 224 gigabits per second.
The Future Internet Technology
Li-Fi technology will in future enable faster, more reliable internet connections, even when the demand for data usage has outgrown the available supply from existing technologies such as 4G, LTE, and Wi-Fi. It will not replace these technologies but will work seamlessly alongside them.
The scope of Working on LIFI technology in India and Abroad:
Asia Pacific is expected to emerge as a lucrative market for Li-Fi. The growth of the market in this region is fuelled by the increasing demand for better internet connectivity. The U.S. is expected to present attractive opportunities for enterprises in the Li-Fi market over the forecast period. The Li-Fi market in the U.S. is also expected to grow at a phenomenal rate. The high demand for wireless communication aids the rapid expansion of the Li-Fi market in the U.S.
Some of the leading enterprises operating in the Li-Fi market include Philips, LVX, PureLifi, GE, Oledcomm, and others.
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