image

Report Scope & Overview:

Zigbee Market Size was valued at USD 4 billion in 2022 and is expected to reach USD 7.78 billion by 2030, and grow at a CAGR of 8.65% over the forecast period 2023-2030. The majority of industries today are wireless, and data transfer using this wireless network technology is known as ZigBee. One of the most notable characteristics of the ZigBee Automation Market is that it uses low power levels and is widely used in applications such as alarms and multiple control systems. ZigBee Technology can also be used in lighting controls and other industrial applications. This technology, which has a range of 50-100 metres, is one of the best communication systems available. In terms of short-range wireless network, this is far superior to Bluetooth or WiFi.

Furthermore, the growing global demand for smart cities and smart homes drives the demand for smart consumer electronics and connected devices that use ZigBee technology, driving ZigBee market growth.

Zigbee Market Revenue Analysis

To get more information on Zigbee Market - Request Sample Report

MARKET DYNAMICS: 

KEY DRIVERS:

RESTRAINTS: 

  • This will be covered under the final version of the report.

OPPORTUNITIES: 

  • Target audience

  • Smart homes

  • Solutions for the customer electronics.

  • Wireless connection

CHALLENGES: 

  • This will be covered under the final version of the report.

IMPACT OF COVID-19: 

Since the COVID-19 virus outbreak in December 2019, the disease has spread to nearly 180+ countries worldwide, prompting the WHO to declare it a public health emergency. The disease's effects are beginning to be felt around the world, and the ZigBee market is expected to be affected by 2020. Although governments have imposed closures to accommodate the virus's spread, all businesses have been closed, and many companies have begun working from home to accommodate employees, increasing demand for ZigBee technology.

MARKET ESTIMATION: 

BY APPLICATION Domestic and industrial automation, telecommunications and retail services, the health sector, and smart energy are all examples of market applications. However, smart energy is divided into intelligent grid, meter, and many other component. The smart housing and construction industry demonstrates that it is expanding due to the emergence of automation in the sector. ZigBee employs both direct and group transfer methods, as well as extension addresses.

COMPETITIVE LANDSCAPE:

Key players in Zigbee Market are California Eastern Laboratories, Digi International, Dresden Elektronik, Electronics Corporation, GreenPeak Technologies, STMicroelectronics, Texas Instruments Inc., Renesas STMicroelectronics, Silicon Laboratories, Microchip Technology, NXP Semiconductors N.V, Nivis and Other.

MARKET SEGMENTATION:

BY APPLICATION

  • Home Automation

  • Telecommunication Services

  • Healthcare

  • Industrial Automation

  • Retail

  • Others

BY STANDARD

  • ZigBee RF4CE

  • ZigBee

  • ZigBee PRO

  • ZigBee 3.0

  • ZigBee remote control 2.0

  • ZigBee IP

Zigbee Market Segmentation Analysis

To Get Customized Report as per your Business Requirement - Request For Customized Report

REGIONAL ANALYSIS:

North America is expected to dominate the ZigBee market in terms of size. North America has the highest number of people changing industries, as well as the greatest demand for smart homes. In addition, the region has a large number of companies that specialize in providing customers with ZigBee products and solutions. Europe, is expected to grow at a promising rate by the end of the global forecast for 2028. The European market is seeing the adoption of ZigBee-enabled automotive equipment. communication. Furthermore, the population is in desperate need of smart homes. Following Europe, the APAC region is expected to grow rapidly. This region is witnessing a new trend in the adoption of smart services, as well as consumer electronics companies.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Zigbee Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 4 Billion
Market Size by 2030 US$ 7.78 Billion
CAGR CAGR of 8.65% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Application (Microchip Technology, NXP Semiconductors N.V, Nivis)
• By Standard (Zigbee RF4CE, Zigbee, Zigbee PRO, Zigbee 3.0, Zigbee Remote Control 2.0, Zigbee IP)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles California Eastern Laboratories, Digi International, Dresden Elektronik, Electronics Corporation, GreenPeak Technologies, STMicroelectronics, Texas Instruments Inc.
Key Drivers • Low levels of energy consumption
• IOT technology
OPPORTUNITIES • Target audience
• Smart homes

Frequently Asked Questions

The ZigBee Market size was valued at 3.69 billion in 2021 at a CAGR of 8.6%.

Low level of energy consumption and IOT technology are the drivers of ZigBee Market.

The North America region is expected to dominate the ZigBee Market.

Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Zigbee Market Segmentation, by Application

8.1Introduction

8.2 Home Automation

8.3 Telecommunication Services

8.4 Healthcare

8.5 Industrial Automation

8.6 Retail

8.7 Others

 

9. Zigbee Market Segmentation, by Standard

9.1 Introduction

9.2 ZigBee RF4CE

9.3 ZigBee

9.4 ZigBee PRO

9.5 ZigBee 3.0

9.6 ZigBee remote control 2.0

9.7 ZigBee IP

9.8 Other

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2    Canada

10.2.3    Mexico

10.3        Europe

10.3.1    Germany

10.3.2    UK

10.3.3    France

10.3.4    Italy

10.3.5    Spain

10.3.6    The Netherlands

10.3.7    Rest of Europe

10.4        Asia-Pacific

10.4.1    Japan

10.4.2    South Korea

10.4.3    China

10.4.4    India

10.4.5    Australia

10.4.6    Rest of Asia-Pacific

10.5        The Middle East & Africa

10.5.1    Israel

10.5.2    UAE

10.5.3    South Africa

10.5.4    Rest

10.6        Latin America

10.6.1    Brazil

10.6.2    Argentina

10.6.3    Rest of Latin America

 

11.Company Profiles

11.1 HITACHI LTD.

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 California Eastern Laboratories

11.3 Digi International

 11.4 Dresden Elektronik

 11.5 Electronics Corporation

11.6 GreenPeak Technologies

11.7 STMicroelectronics

11.8 Texas Instruments Inc.

11.9 Renesas STMicroelectronics

11.10 Silicon Laboratories

11.11 Microchip Technology

11.12 NXP Semiconductors N.V

11.13 Nivis

 

12.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Share Page
Start a Conversation

Hi! Click one of our member below to chat on Phone