The Li-Fi market was estimated at USD 351.91 million in 2023 and is likely to grow at a CAGR of 50.10% during 2023-2028 to reach USD 2681.3 million in 2028. Growing demand for indoor networking in the commercial sector, rise in penetration of smart devices in Asia-Pacific, and increasing implementation of Li-Fi in healthcare and education sectors in Europe are expected to boost the growth of the market during the forecast period.
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