Global Zig Bee Market: Segment Trends
Rising inclination for adoption of smart home devices across the globe is one of the primary
factors expected to boost demand for ZigBee enabled devices in the near future. For instance,
according to Coherent Market Insights’ analysis, 47 million smart home devices were shipped
worldwide in 2015 and 80 million in 2016, globally.
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Global ZigBee Market: Regional Insights
North America accounted for the largest market share in 2017, where the U.S. and Canada were
the major growth engines. The factors driving growth of the market in this particular region are
rising digitalization, rapid technological advancements, increasing penetration of internet users,
rising popularity of smart homes and smart devices among the users, and others. For instance,
according to InternetLiveStats’ analysis, in the U.S. the total number of internet users in 2015
was 283,712,407 and it has increased to 286,942,362 in 2016.
Global ZigBee Market: Competitive Landscape
The major players in the global Zigbee market include Intel Corporation, Qualcomm Incorporated,
Atmel Corporation., Digi International, NXP Semiconductor N.V, STMicroelectronics N.V., Microchip
Technology., Cypress Semiconductor Corporation, EnOcean GmbH, and NEXCOM International Co.
Ltd.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-
ready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.