ZigBee Market Analyzed by Business Growth,
Applications and Future Prospects
ZigBee Market study provides key insights about market drivers,
restraints, opportunities, new product launches or approval, regional
outlook, and competitive strategies adopted by the leading players.
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,