Could you please elaborate on the potential of Li-Fi to replace Wi-Fi in the future? Is Li-Fi really a viable alternative given its limitations in terms of line-of-sight connectivity? How does Li-Fi's speed and security compare to Wi-Fi? What are the challenges that Li-Fi faces in terms of widespread adoption and integration into existing infrastructure? Could you also discuss the potential benefits of Li-Fi, if it indeed manages to gain traction in the market?
7 answers
henry_taylor_architect
Fri May 24 2024
The Compound Annual Growth Rate (CAGR) for the forecast period of 2024-2029 is projected to be approximately 63%. This impressive growth rate indicates the strong momentum and widespread acceptance of LiFi.
Davide
Fri May 24 2024
LiFi, an emerging technology, is poised to revolutionize the internet landscape. By leveraging light waves to transmit data, it offers a unique and promising solution for high-speed internet access.
Carolina
Fri May 24 2024
Estimates suggest that in 2024, the market for LiFi-based products is anticipated to reach a value of USD 1.72 billion. This figure underscores the significant growth potential of LiFi technology.
amelia_doe_explorer
Thu May 23 2024
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Eleonora
Thu May 23 2024
LiFi is expected to emerge as a viable alternative to traditional WiFi networks. Its ability to provide faster and more secure internet connections is driving its adoption across various industries and households.