One important aspect is the growing need for communication options that use less power and work over short distances. ZigBee, made just for situations with little power, becomes popular. Companies and people look for ways to save energy when connecting devices. This need is very clear in areas like home automation, where smart devices need smooth conversation without using batteries quickly. Another important factor in ZigBee's path is interoperability. The open design of the standard makes it easy for different devices and systems to work together. It helps create a single way of doing wireless communication.
This ability to work together is very important when making smart systems that are fully connected. As more things connect to the internet, ZigBee's ability to easily join many gadgets becomes a big reason for its use. This helps create an environment where devices can talk smoothly without problems. Cost-effectiveness is very important in the business part of ZigBee. The low-power needs of this tech help make device batteries last longer. This leads to lower overall costs for everything. ZigBee's mesh network setup lets gadgets send signals. This helps the range without needing lots of equipment and saves money for long-distance talk. This makes ZigBee more attractive in markets where money matters a lot. Competitive actions are important market things that affect ZigBee's place in the business world.
As new ways to talk wirelessly appear, ZigBee has competition from technologies like Bluetooth Low Energy (BLE) and Z-Wave. ZigBee can stand out by offering special things like mesh networking and low energy use. This is important to stay ahead of the competition. People in the market are always trying to make ZigBee work better and fix any problems, making sure it stays important as technology changes quickly. Additionally, the market aspect of growing needs affects ZigBee's use in many different applications. ZigBee's ability to grow means it can make networks from small, easy setups to big, complex systems. This flexibility is very important in uses like factory automation and smart cities. It's essential for networks to handle different numbers of devices as needed, especially over large spaces or areas.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 7.5 Billion |
Market Size Value In 2023 | USD 8.2 Billion |
Growth Rate | 6.69% (2023-2030) |
The Zigbee Market size is projected to grow from USD 2.97 Billion in 2024 to USD 6.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.1% during the forecast period (2024 - 2032). Additionally, the market size for Zigbee was valued at USD 2.72 Billion in 2023.
The ZigBee market refers to the market surrounding ZigBee technology, which is a wireless communication standard used for low-power, short-range applications such as home automation and industrial control systems. The market is characterized by a diverse range of players, including chip manufacturers, device makers, and software developers, contributing to its growth. One growing trend in this market is the increasing adoption of ZigBee in smart home devices and IoT applications. The Zigbee Market is experiencing consistent growth, and the market has been segmented based on Standard, Application, and region.
FIGURE 1: ZIGBEE MARKET SIZE 2019-2032 (USD BILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
As per Analyst at MRFR, “The Zigbee Market industry has seen growth in recent years, fueled by growing adoption of connected devices across industrial automation & smart homes and rising trend of low cost with high performance equipment across IoT ecosystem.”
The proliferation of Wi-Fi as a dominant wireless connectivity standard in both consumer and enterprise sectors presents a unique opportunity for the ZigBee market. The use of Wi-Fi and ZigBee in smart homes and IoT devices is becoming more common. While Wi-Fi is great for high-speed internet connectivity, ZigBee is better suited for low-power, low-data-rate IoT devices such as sensors and smart home gadgets. The coexistence of Wi-Fi and ZigBee allows for a seamless integration of high-speed internet connectivity with IoT solutions, creating versatile wireless ecosystem in economic price band.
ZigBee is specifically designed for these types of applications, offering extended battery life and robust connectivity in environments with numerous interconnected devices. The use of both technologies enhances smart homes, industrial automation, and other IoT applications. ZigBee complements Wi-Fi by providing specialized solutions that thrive in tandem with Wi-Fi, catering to a broader spectrum of connectivity needs.
Based on Standard, the Zigbee Market has been segmented into ZigBee ,ZigBee RF4CE ,ZigBee PRO ,ZigBee IP ,ZigBee remote control 2.0 and ZigBee 3.0. ZigBee 3.0 held the largest market share in 2022. ZigBee 3.0 is the latest version of the ZigBee standard, providing an improved and unified platform for wireless communication in various applications. It offers enhanced interoperability, flexibility, and scalability, allowing devices from different manufacturers to seamlessly connect and communicate with each other. ZigBee 3.0 supports various topologies, including star, mesh, and cluster tree, making it suitable for many IoT deployments.
Zigbee RF4CE (Radio Frequency for Consumer Electronics) is a wireless communication protocol that utilizes the Zigbee standard and is specifically designed for remote control applications in consumer electronics devices like televisions, set-top boxes, and home entertainment systems. Operating within the 2.4 GHz frequency band, Zigbee RF4CE offers reliable communication, robustness, and low power consumption.
Zigbee Pro is a wireless communication protocol commonly used in the Internet of Things (IoT) field. It is designed for low-power devices and provides a reliable and secure way for different devices to communicate with each other. Some improvements in Zigbee Pro 2023 focus on enhancing security features while simplifying the user experience. Zigbee Pro 2023 introduces enhanced security measures to protect against potential cyber threats, making it a more robust option for IoT devices.
Based on Application, the Zigbee Market has segmented into Home Automation, Industrial Automation, Telecommunication Services, Healthcare and Others. Industrial Automation held the largest market share in 2022. ZigBee has various applications in industrial automation, such as its long-range functionality, low power consumption and support for wireless sensor networks. Some key uses of ZigBee in this sector include enabling remote monitoring and control of industrial equipment. This allows factory machines and devices to be wirelessly operated and adjusted from a central control room or office location. ZigBee can also facilitate real-time tracking of industrial assets like forklifts or inventory items through tags and sensors. Wireless connectivity streamlines processes related to asset management.
ZigBee is commonly used in home automation due to its low power consumption and ability to form self-healing mesh networks. In a smart home system utilizing ZigBee, various devices such as lights, appliances, locks, and sensors can wirelessly interact with each other to enable remote monitoring and control and automation.
Zigbee technology has several applications in the healthcare industry, significantly improving patient care and monitoring. One of the primary applications is in remote patient monitoring systems. Zigbee-enabled wearable devices can continuously collect and transmit health data such as heart rate, blood pressure, glucose levels, and oxygen saturation to healthcare providers. This allows doctors to remotely monitor patient vitals and provide timely interventions if necessary, reducing the need for frequent in-person visits and improving the quality of care.
FIGURE 2: ZIGBEE MARKET, BY APPLICATION, 2022 VS 2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. North America accounted for 33.8 % of Zigbee Market in 2022. North American region further provides insights into US, Canada, and Mexico. The North American ZigBee market has experienced growth over the past year due to the rising adoption of smart home and Internet of Things (IoT) devices in the region. As consumers increasingly opt for connected solutions, low-power wireless communication standards like ZigBee are seeing higher demand to facilitate this trend. In North America, ZigBee utilizes 13 channels within the 915 MHz spectrum for wireless communication.
The European ZigBee market has witnessed significant growth in recent years due to its low power consumption and ability to create reliable mesh networks, making it suitable for a wide range of smart applications. One key driver has been the rising adoption of smart home automation systems across Europe, with ZigBee enabling seamless connectivity between devices like lights, thermostats and sensors. This has boosted demand for ZigBee-enabled products.
In recent years, the Asia-Pacific region has emerged as one of the fastest-growing markets for ZigBee technology. Countries like China, Japan and India have witnessed a significant rise in the adoption of smart home devices and Internet of Things (IoT) solutions. This has propelled the demand for low-power wireless connectivity standards such as ZigBee across the region. ZigBee's mesh networking capabilities allow for flexible deployment of smart solutions at lower costs.
FIGURE 3: ZIGBEE MARKET SIZE BY REGION 2022 VS 2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Russia, Spain, China, Japan, and India.
Zigbee Key Market Players & Competitive Insights
The Zigbee Market is characterized by the presence of many global, regional, and local vendors. The Zigbee Market has witnessed significant growth over the forecast period due to growing adoption of connected devices across industrial automation & smart homes and rising trend of low cost with high performance equipment across IoT ecosystem. There are several domestic, regional, and global players operating in the Zigbee Market who continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the Zigbee Market who have contributed to the market growth.
During the study, MRFR has analyzed some of the major players in the Zigbee Market who have contributed to the market growth includes Texas Instruments Incorporated, NXP Semiconductors, Microchip Technology Incorporated, Silicon Labs, Sena Network, Digi International Inc, Nordic Semiconductor ASA, Qualcomm Technologies, Semiconductor Components Industries, LLC, Microchip Technology Inc, Renesas Electronics Corporation, Qorvo, Inc., STMicroelectronics, Dresden Elektronik Ingenieurtechnik GmbH, NIVISS.
These players focus on expanding and enhancing their product portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.
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