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Research and Markets - Worldwide Wireless Fidelity (Wi-Fi) and Light Fidelity (Li-Fi) Market: Wi-Fi and Li-Fi Markets to Grow at a CAGR of 15% and 61% to 2022DUBLIN, May 22, 2017 /PRNewswire/ -- Research and Markets has announced the addition of the "Worldwide Wireless Fidelity (Wi-Fi) and Light Fidelity (Li-Fi) Market - Drivers, Opportunities, Trends, and Forecasts: 2016-2022" report to their offering.  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. The Wi-Fi market is analyzed by deployment mode, products, services, verticals, and regions. The Li-Fi market is analyzed by components, verticals, and regions. Increasing productivity, high speed, reliable & secure communication, and flexibility are the main reasons to switch to wireless Wi-Fi and Li-Fi technology. The Li-Fi market is emerging and being developed, which would likely lead to an increase in the adoption of Li-Fi in the next 5-7 years. Wired networks incur gamut components for installing internet connection. It not only surges ost, but with the components such as switches, hubs, and Ethernet cables, whole frame drives in multiple complexities. To overcome such challenges, Wi-Fi has become a great alternative. This technology implements high-frequency radio waves instead of wired networks. Similar to Wi-Fi, another technology Li-Fi has emerged that uses visible light communication instead of radio signals. Li-Fi delivers high-speed in a much more secure way that even the latest Wi-Fi advancements cannot offer. Li-Fi allows 100 times faster data transmission than Wi-Fi, making it more competent. The Americas is set to be the leading region for the Wi-Fi and Li-Fi market growth followed by Europe and Asia Pacific for the adoption of technologies. Asia Pacific is known for improvements in infrastructure and IT investments by MNCs. Thus, the region will have enormous potential for Wi-Fi connections. MEA is set to be the emerging region with a lot of opportunities and is expected to reach $4.09 billion (Wi-Fi) and $827.9 million (Li-Fi), respectively by 2022. Companies Mentioned
Key Topics Covered: 1 Industry Outlook For more information about this report visit http://www.researchandmarkets.com/research/htqdrv/worldwide Media Contact: Laura Wood, Senior Manager
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