billion and reached to US$1.51 billion in 2017. Hence, these factors will help in propelling growth
of ZigBee market in North America.
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.
Key players are focusing on adopting various product development strategies to gain competitive
edge in the market. For instance, in April 2018, Nordic Semiconductor launched Zigbee solution
with nRF52840 multiprotocol SoC. The multiprotocol solution for nRF52840 SoC enable users to
take advantage of several wireless technologies. This protocol provides facility for interaction
with Zigbee smart lighting network with smartphones via Bluetooth 5, or a Zigbee security
network using Bluetooth beacons for location identification.
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