ZigBee Market Share, Development Status, Analytical Overview, Business Growth, Top Leaders, Comprehensive Research Study, Opportunities, Future Trends and Forecast to 2023

“Market Research Future”
Market Research Future published a research report on “ZigBee Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

Increasing trend towards smart homes and increasing number of connected devices are the major factor contributing to the growth of Zigbee market. Zigbee operates on low-frequency bands, such as 2.4 GHz, 868 MHz and 914 MHz. These low-frequency energy bands avoids the congestion due to network traffic and provides a secure connection. Apart from it, unlike Bluetooth and Wi-Fi, Zigbee is energy efficient. The awareness about energy conservation is also driving the Zigbee Market. Zigbee can transfer data at different data rates as 250 Kbps, 40 Kbps and 20 Kbps as per bands. Moreover, Zigbee does not have a cen tral controller, the loads are distributed evenly across the network. Zigbee is also a cost saving solution therefore, the adoption of Zigbee is quite high compared to other technologies like NFC and Wi-Fi.

Key Players

The prominent players in the market of Digi International (U.S.), NXP Semiconductors N.V. (Netherlands), Renesas Electronics Corporation (Japan), Microchip Technology (U.S.), STMicroelectronics (Switzerland), Texas Instruments Inc. (U.S.), GreenPeak Technologies (Netherlands), Silicon Laboratories (U.S.)

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  • On the basis of standards, the market is segmented into ZigBee, ZigBee RF4CE, ZigBee PRO, ZigBee IP, ZigBee remote control 2.0 and ZigBee 3.0.
  • On the basis of application, the market is segmented into home automation, industrial automation, telecommunication services, healthcare, retail services and smart energy which is further segmented into smart grid and smart metering and others.
  • On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and the rest of the world.

Regional analysis

The global Zigbee market is estimated to grow at a promising rate during the forecast period. The geographical analysis of Zigbee market is spanned across North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and South America). Among all the regions, the market is highly dominated by North America as this region has maximum industrial automation and higher adoption of smart homes. Moreover, North America has a higher concentration of companies providing Zigbee products and platform solutions. These vendors include large enterprises like Texas Instruments, Microchip technology, and many start-ups. Higher adoption of Zigbee in smart homes to reduce the energy consumption is driving the Zigbee market in North America.

Europe, on the other hand, is closely following North America in Zigbee market. Europe is a large market for in-car smart devices which use Zigbee for connectivity purposes. Europe also has high adoption of smart homes contributing to the growth of the Zigbee market. Asia Pacific is expected to be the fastest growing region owing to the increasing consumer electronics industry and the increasing trend towards adoption of smart devices.

Intended Audience

  • Technology investors
  • Home automation providers
  • Smart energy investors
  • Healthcare-related product manufacturers
  • Integrated device manufacturers (IDMs)
  • Tier 1, tier 2 suppliers
  • Original manufacturers (OEMs)
  • Research/Consultancy firms

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Table of Contents

List of Tables

Table 1 Zigbee Market, By Zigbee Standards

Table 2 Zigbee Market, By Application

Table 3 Zigbee Market, By Regions

Table 4 North America Zigbee Market, By Zigbee Standards


List of Figures

Figure 1 Research Network Solution

Figure 2 Zigbee Market: By Zigbee Standards (%)

Figure 3 Zigbee Market: By Application (%)

Figure 4 Zigbee Market: By Region


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