ZigBee Market

• PROLIFERATION OF WI-FI AS A WIRELESS CONNECTIVITY STANDARD IN CONSUMER AND ENTERPRISE SECTORS

The proliferation of Wi-Fi as a dominant wireless connectivity standard in both consumer and enterprise sectors presents a unique opportunity for the ZigBee market. The use of Wi-Fi and ZigBee in smart homes and IoT devices is becoming more common. While Wi-Fi is great for high-speed internet connectivity, ZigBee is better suited for low-power, low-data-rate IoT devices such as sensors and smart home gadgets. The coexistence of Wi-Fi and ZigBee allows for a seamless integration of high-speed internet connectivity with IoT solutions, creating versatile wireless ecosystem in economic price band.

ZigBee is specifically designed for these types of applications, offering extended battery life and robust connectivity in environments with numerous interconnected devices. The use of both technologies enhances smart homes, industrial automation, and other IoT applications. ZigBee complements Wi-Fi by providing specialized solutions that thrive in tandem with Wi-Fi, catering to a broader spectrum of connectivity needs.

The Global Zigbee Market Industry is projected to experience substantial growth over the coming years. In 2024, the market is anticipated to reach 2.97 USD Billion, with expectations to expand to 7.79 USD Billion by 2035. This growth trajectory indicates a compound annual growth rate (CAGR) of 9.16% from 2025 to 2035, reflecting the increasing integration of Zigbee technology across various sectors. The rising demand for smart home devices, IoT applications, and energy-efficient solutions are key contributors to this upward trend, suggesting a robust future for the Zigbee market.

The increasing consumer preference for smart home devices is a pivotal driver for the Global Zigbee Market Industry. As households seek enhanced convenience, security, and energy efficiency, Zigbee technology emerges as a preferred choice due to its low power consumption and reliable connectivity. In 2024, the market is projected to reach 2.97 USD Billion, reflecting the rising adoption of smart lighting, thermostats, and security systems that utilize Zigbee protocols. This trend is likely to continue, as more consumers integrate smart technology into their homes, thereby expanding the market's potential.

The rise of industrial automation is a crucial factor influencing the Global Zigbee Market Industry. Industries are increasingly adopting Zigbee technology for its robustness and reliability in connecting sensors, actuators, and control systems. This trend is particularly evident in manufacturing and logistics, where real-time monitoring and control are essential for operational efficiency. As industries seek to optimize processes and reduce downtime, the demand for Zigbee-enabled solutions is expected to grow, contributing to the overall market expansion and enhancing the technology's relevance in industrial applications.

The Global Zigbee Market Industry is propelled by a growing emphasis on energy efficiency and sustainability. Zigbee technology, known for its low energy consumption, aligns with global initiatives aimed at reducing carbon footprints and promoting sustainable practices. As governments and organizations worldwide implement stricter energy regulations, the demand for energy-efficient solutions is likely to surge. This trend is expected to contribute to a compound annual growth rate (CAGR) of 9.16% from 2025 to 2035, as Zigbee-enabled devices become integral to achieving energy-saving goals in residential and commercial settings.

The proliferation of Internet of Things (IoT) applications significantly influences the Global Zigbee Market Industry. Zigbee's ability to facilitate communication between various IoT devices positions it as a crucial enabler in sectors such as healthcare, agriculture, and industrial automation. The anticipated growth in IoT deployments is expected to drive the market to 7.79 USD Billion by 2035. This expansion is underpinned by the increasing need for real-time data exchange and automation, which Zigbee technology adeptly supports, thereby enhancing operational efficiency across diverse industries.

Technological advancements in wireless communication are a significant driver for the Global Zigbee Market Industry. Innovations in connectivity, such as improved data rates and extended range capabilities, enhance Zigbee's appeal for various applications. The integration of Zigbee with other communication protocols, such as Wi-Fi and Bluetooth, further broadens its usability in smart devices. As the market evolves, these advancements are likely to attract new investments and foster the development of innovative products, thereby solidifying Zigbee's position in the competitive landscape of wireless technologies.

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East and Africa and South America. North America accounted for 33.8 % of Zigbee Market in 2022. North American region further provides insights into US, Canada, and Mexico. The North American ZigBee market has experienced growth over the past year due to the rising adoption of smart home and Internet of Things (IoT) devices in the region. As consumers increasingly opt for connected solutions, low-power wireless communication standards like ZigBee are seeing higher demand to facilitate this trend.

In North America, ZigBee utilizes 13 channels within the 915 MHz spectrum for wireless communication.

The European ZigBee market has witnessed significant growth in recent years due to its low power consumption and ability to create reliable mesh networks, making it suitable for a wide range of smart applications. One key driver has been the rising adoption of smart home automation systems across Europe, with ZigBee enabling seamless connectivity between devices like lights, thermostats and sensors. This has boosted demand for ZigBee-enabled products.

In recent years, the Asia-Pacific region has emerged as one of the fastest-growing markets for ZigBee technology. Countries like China, Japan and India have witnessed a significant rise in the adoption of smart home devices and Internet of Things (IoT) solutions. This has propelled the demand for low-power wireless connectivity standards such as ZigBee across the region. ZigBee's mesh networking capabilities allow for flexible deployment of smart solutions at lower costs.

FIGURE 3: ZIGBEE MARKET SIZE BY REGION 2022 VS 2032

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Further, the major countries studied in the market report are the U.S., Canada, Mexico, Germany, UK, France, Russia, Spain, China, Japan, and India.

The Zigbee Market is characterized by the presence of many global, regional, and local vendors. The Zigbee Market has witnessed significant growth over the forecast period due to growing adoption of connected devices across industrial automation & smart homes and rising trend of low cost with high performance equipment across IoT ecosystem. There are several domestic, regional, and global players operating in the Zigbee Market who continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the Zigbee Market who have contributed to the market growth.

During the study, MRFR has analyzed some of the major players in the Zigbee Market who have contributed to the market growth includes Texas Instruments Incorporated, NXP Semiconductors, Microchip Technology Incorporated, Silicon Labs, Sena Network, Digi International Inc, Nordic Semiconductor ASA, Qualcomm Technologies, Semiconductor Components Industries, LLC, Microchip Technology Inc, Renesas Electronics Corporation, Qorvo, Inc., STMicroelectronics, Dresden Elektronik Ingenieurtechnik GmbH, NIVISS.

These players focus on expanding and enhancing their product portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.