{"id":278620,"date":"2018-10-17T02:00:03","date_gmt":"2018-10-17T02:00:03","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=278620"},"modified":"2018-10-17T02:00:03","modified_gmt":"2018-10-17T02:00:03","slug":"zigbee-automation-market-segmentation-by-product-types-growth-potential-strategic-assessment-technological-advancement-comprehensive-analysis-developments-status","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/zigbee-automation-market-segmentation-by-product-types-growth-potential-strategic-assessment-technological-advancement-comprehensive-analysis-developments-status_278620.html","title":{"rendered":"Zig-Bee Automation Market Segmentation by Product Types, Growth Potential, Strategic Assessment, Technological Advancement, Comprehensive Analysis, Developments Status"},"content":{"rendered":"
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“Zig-Bee Automation Market”<\/div>\n<\/div>\n<\/div>\n
Global Zig-bee Automation Market, By Product (Zigbee Home Automation, Zigbee Light Link, Zigbee Smart Energy and Others), By Application (Smart Homes, Connected Light, Utility and Retail Services) and By region (North America, Europe, APAC and Rest of the World) – Forecast 2023<\/p>\n<\/div>\n

Key Players<\/strong><\/p>\n

Zigbee Home Automation Market comprises of many upcoming key players such as Intel Corporation (U.S.), Qualcomm Incorporated (U.S.), Atmel Corp. (U.S.), Texas Instruments (U.S.), NXP Semiconductor N.V (Netherlands), STMicroelectronics N.V (Switzerland), MediaTek Inc. (Taiwan) Cypress Semiconductor Corporation (U.S.), EnOcean Gmbh (Germany), and NEXCOM International Co. Ltd. (Taiwan). Apart from these, many emerging companies and other diversified companies are entering into the Zigbee Alliance.<\/p>\n

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Overview<\/strong><\/p>\n

According to Market Research Future Analysis, Zigbee Automation market is anticipated to grow at a significant rate over the forecast period, 2018-2023.<\/p>\n

According to Market Research Future, Zigbee Automation Market has been segmented into products, Application and Region.<\/p>\n

As a major trend towards Smart homes, Zigbee automation is taking wings due to increase in the number of smart home connected devices. It is estimated that the number of Smart devices following IoT are huge because many homes in the geographical regions like North America are renovating to smart homes with the addition of smart energy, security and entertainment. Also the increase in the E-commerce and digitalization is adding to the concern.<\/p>\n

On the basis of Products, It is divided into Zigbee Home Automation, Zigbee Light link, Zigbee Smart energy and others. However, the Zigbee Home automation has seen major shares in North America region. Due to early adoption to innovation and high research and development, North American region holds large number of shares in the Home automation product. This number is estimated to grow more and countries like Japan, Taiwan, Netherlands and China will follow the lead.<\/p>\n

On the basis of Application, It is segmented as smart homes, connected lights, healthcare, consumer electronics and others. Smart homes and Retail services will see a huge growth in the forecasted period. Due to increase in the IoT trends, many different organizations are encouraged to join the Zigbee Alliance. The basis of Zigbee Alliance is to develop products based on Zigbee wireless standards that can be used over a wide spectrum. At present, more than 400 members are currently registered for the Zigbee alliance that includes the major Key Players, and many of the emerging companies across the globe. Most of the electronic and electric equipment manufacturers are ready to join the Zigbee alliance and make products based on wireless standards.<\/p>\n

Zigbee Automation faces challenges as the technology is still at the initial phase. Many different organizations are operating on Wi-Fi and Bluetooth standards. Changing to Zigbee wireless standard will only result in increased cost of re-manufacturing.<\/p>\n

On the basis of region, the market can be segmented into North America, Europe, Asia-Pacific and Rest of the world.<\/p>\n

Regional Analysis<\/strong><\/p>\n

Zigbee Automation market is divided into North America, Europe, APAC and Rest of the World. Within the global geography, countries in North America and Asia Pacific like US, China, Japan and South Korea are experiencing tremendous growth in Zigbee Automation. This is majorly due to the emerging technology of Internet of Things and connected devices. It is estimated that the connected devices market will reach about USD 72 billion by 2022, that includes majorly smart homes, smart cities and Industrial Internet of Things. In countries like India, Netherlands and UK, the market is highly growing due to major trends in digitalization.<\/p>\n

In various geographies, the markets are growing slowly, but are estimated to grow rapidly in the forecasted period. The growth of the Zigbee Automation can be traced to the need of power minimization and reducing energy usages.<\/p>\n

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Segments<\/strong><\/p>\n

For the purpose of this study, Market Research Future has segmented the market of Zigbee Automation Market into Product, Application and Region.<\/p>\n

Product<\/strong><\/p>\n