ZigBee Market Analysis, Guidelines Overview and
Upcoming Trends Forecast till 2026
ZigBee Market research provides industry analysis by type,
manufacturer, application along with key factors influencing the
growth of the market which include growth drivers, restraints,
opportunities and challenges, strategically profile key players and
comprehensively
analyze
their
market
share
and
core
competencies.
ZigBee is one of the popular wireless networking standards used for monitoring and
controlling devices that is based on IEEE 802.15.4 standard. ZigBee is preferred for
applications related to low data rate, long battery life, and secure networking. ZigBee
carries small volumes of data over a mid-range distance.
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The factor attributed the growth of the market is growing consumption of energy across the
globe. For instance, according to worldbank.org, analysis, 17.8% of energy was consumed in
2014 and it has grown to 18.1% in 2015, globally. Since, utilization of energy is increasing at a
rapid rate consumers are adopting those technologies, which are low powered and minimises
energy consumption.
Government initiatives for smart city project is another factor leading to increasing installation of
ZigBee protocol in smart city for controlling consumption of energy. For instance, in 2015,
Government of India launched "100 Smart Cities Mission". Hence, all these factors will expected
to drive the growth of the Zig Bee protocol over the forecasted period (2018-2026).