Press release
ZigBee Market 2022 Analysis by Top Manufacturers - Texas Instruments Incorporated, NXP Semiconductors NV, Microchip Technology Inc., Silicon Laboratories Inc
The ZigBee Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.ZigBee Market is expected to register a CAGR of over 12.58% during the forecast period (2021 - 2026).
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Top Leading Companies of ZigBee Market are Texas Instruments Incorporated, NXP Semiconductors NV, Microchip Technology Inc., Silicon Laboratories Inc, Digi International Inc., Sena Technologies Inc., Nordic Semiconductor ASA, Qualcomm Technologies Inc., Semiconductor Components Industries LLC (ON and others.
Industry News and Updates
September 2019 - Silicon Labs has launched a new portfolio of highly integrated, secure Wireless Gecko modules that reduce development cost and complexity, making it easier to add robust mesh networking connectivity to a wide range of Internet of Things (IoT) products. The new MGM210x and BGM210x Series 2 modules support leading mesh protocols (Zigbee, Thread and Bluetooth mesh), Bluetooth Low Energy and multiprotocol connectivity, thereby offering a one-stop wireless solution to improve mesh network performance for line-powered IoT systems ranging from smart LED lighting to home and industrial automation.
- July 2019 - Digi International announced its family of Digi Connect IT serial consoles: Digi Connect IT Mini, Digi Connect IT 4, Digi Connect IT 16 and Digi Connect IT 48. These infrastructure management solutions are ideal to connect remote IT devices in the data center or to connect customer premises equipment, like routers, in a branch office with options from a single device to fully populated racks.
Key Market Trends
North America to Register the Largest Market During the Forecast Period
- Smart homes are on the rise across North America where people in the region are increasingly looking to automate their homes. Dependence on their smartphones and mobile apps is set to increase as smartphones offer an attractive and intuitive window into controlling smart home technology.
- With nearly 30 million U.S. households projected to add smart home technology, the products consumers are looking to add to their homes include connected cameras, video doorbells, connected light bulbs, smart locks, and smart speakers, that find the application of Zigbee standards for its communication medium.
- Also, the adoption of voice-powered smart speakers is taking off, with an estimate of smart devices such as the Amazon Echo, Google Home, and Sonos One that will be installed in most of the U.S. households, thereby driving the application of the Zigbee connectivity medium during the forecast period.
Regional Outlook of ZigBee Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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https://www.marketinsightsreports.com/reports/02082592807/zigbee-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=PD
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The ZigBee Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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