ZigBee Market Entry Strategies, Counter measures of
Economic Impact Channels to 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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Growing concern for energy conservation is one of the major factors driving growth of
the market
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. The Zig Bee protocol monitors and manages consumers’ energy
consumption, which further helps in reducing wastage of energy and lowering energy costs for
both utilities and end-users. Moreover, government initiatives for smart city project is another
factor leading to increasing installation of ZigBee protocol in smart city for controlling