Press release
Zigbee Market to grow at a CAGR of 9.26 percent by 2029, Smart home infrastructure development expected to drive Zigbee Market growth
Pune 21, Feb 2023: The total global market for the "Zigbee Market" was valued at USD 3.52 Bn in 2021 and is expected to significantly grow at a CAGR of 9.26 percent over the forecast period to reach USD 7.15 Bn by 2029. Maximize Market Research, a top international business and consultancy firm in India, has currently published a report available in the market.Zigbee Market Report Scope and Research Methodology
The report provides in depth analysis of Zigbee's market size, share, trend, market growth, and forecast. The current market trends, future estimations, driver restraints, opportunities, and market share are included in the report. The report provides the market overview including the definition, scope, revenue status, production, application, and segmentation. The regional analysis of the market by key regions like Asia Pacific, North America, Europe, South America, APAC and the Rest of the World. The porter five forces analysis was used to check the industry's potential growth and buyers and suppliers' strength in the Zigbee Market. The bottom-up approach was used to estimate the Zigbee Market size.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-zigbee-market/62684/
The market estimation for Product and geographic segments is derived through current Zigbee Market trends and scenarios. The Zigbee Market report covers the key players in the industry, including company profile, revenue, product specifications, and product sales, price, and gross margin sales, as well as an in-depth analysis of the market.
Growth in IoT Technology Infrastructure Drives Zigbee Market
Wireless standard technology continuously progressing and fast development in the internet of things features such as low cost, low power consumption, and deployment of wireless communication devices are expected to boost the Zigbee Market growth. Excellent lighting capacity, improving network security like Zigbee 3.0 and technology strategy are expected to drive the market during the forecast period. On another side, slow data transfer rate, and limitations on the range network are expected to hamper the Zigbee Market.
The growth of the smart home and the trend toward the adoption of smart home devices are expected to boost Zigbee Market growth. The based-on-devices type smart city devices segment dominates a large market share in 2021 due to the features of Zigbee such as tracking energy usage and utilizing and preventing energy spikes by controlling the mechanisms.
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North America held the largest Zigbee Market share in 2021
Growing Smart home development in North America is expected to drive the regional Zigbee Market growth in the region during the forecast period. The high rate of industry switching and consumer demands for smart locks, video doorbells, cameras, smart speakers and others are expected to drive the market in the region. The Zigbee-connected technology devices and their communication services are expected to boost the Zigbee Market growth over the forecast period.
Zigbee Market Segmentation
By Standard:
ZigBee RF4CE
Zigbee PRO
Zigbee IP
Zigbee Remote Control 2.0
Zigbee 3.0
By Device Type:
Zigbee Home Automation
Zigbee Light Link
Zigbee Smart Energy
Others
By Application:
Home Automation
Industrial Automation
Telecommunication services
Healthcare
Retail Services
Others
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Zigbee Market Key Players include:
Texas Instruments Incorporated (US)
NXP Semiconductors NV (Netherlands)
Microchip Technology Inc. (US)
Silicon Laboratories Inc (US)
Digi International Inc. (US)
Qualcomm Incorporated (US)
Silicon Laboratories (US)
Semiconductor Components Industries LLC (US)
Cypress Semiconductor Corporation (US)
Sena Technologies Inc.. (US)
Nordic Semiconductor ASA (Norway)
Renesas Electronics Corporation (Japan)
STMicroelectronics (Switzerland)
GreenPeak Technologies (the Netherlands)
Telegesis Ltd (UK)
EnOcean GmbH (Germany)
Table of content for the Global Zigbee Market includes:
Global Zigbee Market: Research Methodology
Global Zigbee Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Zigbee Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Zigbee Market Segmentation
Global Market, by Standard (2021-2029)
Global Market, by Device Type (2021-2029)
Global Market, by Application (2021-2029
Regional Global Zigbee Market (2021-2029)
Regional Market, by Standard (2021-2029)
Regional Market, by Device Type (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Standard, Device Type, Application, and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research a leading Information Technology & Telecommunication Reports Control research firm, has also published the following reports:
Wireless Remote Door Opener Sensors and Controls Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segmentation by Type, Application, and Region
https://www.maximizemarketresearch.com/market-report/wireless-remote-door-opener-sensors-and-controls-market/166402/
Fire Protection Systems Market - Global Industrial Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-fire-protection-systems-market/99576/
Machine-To-Machine (M2M) Market - Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-machine-to-machine-m2m-market/92507/
Bluetooth Smart and Smart Ready Market- Global Industry Analysis and forecast 2022 - 2029
https://www.maximizemarketresearch.com/market-report/global-bluetooth-smart-and-smart-ready-market/86373/
Envelope Tracking Chips Market - Global Industry Analysis and Forecast (2021 - 2027)
https://www.maximizemarketresearch.com/market-report/global-envelope-tracking-chips-market/78728/
Wireless Data Communication Market- Global Industry Analysis and Forecast (2022-2029) .
https://www.maximizemarketresearch.com/market-report/global-wireless-data-communication-market/59400/
Smart Home Appliances Market - Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-smart-home-appliances-market/56324/
IoT Sensors Market - Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-iot-sensors-market/10756/
Home Networking Device Market - Global Industry Analysis and Forecast (2022-2029)
https://www.maximizemarketresearch.com/market-report/global-home-networking-device-market/21381/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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