ZigBee Market Share 2021: Global Trends, Key Players, Industry Analysis and Report 2021-2027

 

The market of ZigBee is anticipated to grow at a significant CAGR during forecast period. ZigBee is a wireless technology that allows device to device communication and machine to machine communication. Alarm systems, lighting control, medical data collecting multi-channel control systems, and a variety of other industrial applications all employ ZigBee. The ZigBee market is being boosted by rising demand for smart homes.

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Low-data-rate applications that require a long battery life and secure networking employ Zigbee. The IEEE 802.15.4 standard for wireless personal area networks (WPANs), which is the Zigbee alliance's product, is specifically designed to control sensor networks. This communication standard specifies the physical and MAC layers required to support a large number of devices at low data speeds. These Zigbee WPANs operate at frequencies of 868 MHz, 902-928 MHz, and 2.4 GHz, with a data rate of 250 kbps regarded optimum for periodic and intermediate two-way data transmission between sensors and controllers.

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The ZigBee market is fuelled by a number of factors, including the growing electronics sector as a result of the widespread adoption of smart gadgets. Furthermore, there is a growing demand for ZigBee wide-area wireless network deployment, as well as low-power and low-cost solutions. Furthermore, ZigBee's ability to run for years on low-cost batteries for a variety of control and monitoring applications across smart energy and building automation systems is propelling the ZigBee market forward. Furthermore, rising use of IoT applications in business and residential settings is propelling the ZigBee market forward. The majority of sectors are looking forward to automation, and in Europe, ZigBee is utilised for in-car devices, which are responsible for the current growth of the ZigBee market.

Market Coverage

·        The market number available for – 2020-2027

·        Base year- 2020

·        Forecast period- 2021-2027

·        Segment Covered-

o             By Standards

o             By Application

·        Competitive Landscape: Digi International, NXP Semiconductors N.V., Renesas Electronics Corporation, Microchip Technology, STMicroelectronics and others.

Key questions addressed by the report

·        What is the market growth rate?

·        Which segment and region dominates the market in base year?

·        Which segment and region will project fastest growth in the market?

·        How COVID-19 impacted the market?

o             Recovery Timeline

o             Deviation from pre-COVID forecast

o             Most affected region and segment

·        Who is the leader in the market?

·        How players are addressing challenges to sustain growth?

·        Where is the investment opportunity?

Global Zigbee Market- Segmentation

By Standards

• ZigBee

• ZigBee RF4CE

• ZigBee PRO

• ZigBee IP

• ZigBee remote control 2.0

• ZigBee 3.0

By Application

• Home Automation

• Industrial Automation

• Telecommunication Services

• Healthcare

• Retail Services

• Smart Energy

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ZigBee Market– Segment by Region

North America          

·        United States

·        Canada

Europe

·        Germany

·        United Kingdom

·        France

·        Spain

·        Italy

·        Rest of Europe

Asia-Pacific   

·        China

·        Japan

·        India

·        Rest of Asia-Pacific

Rest of the World

·        Middle East & Africa

·        Latin America

Company Profiles

·        Digi International

·        NXP Semiconductors N.V.

·        Renesas Electronics Corporation

·        Microchip Technology

·        STMicroelectronics

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