Dublin, May 17, 2024 (GLOBE NEWSWIRE) -- The "Zigbee System on Chip Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global zigbee system on chip market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
The major drivers for this market are increasing demand for IoT in automotive sector, rising adoption of smart home devices, as well as, growing adoption of Zigbee system on healthcare and medical devices. The future of the market looks promising with opportunities in the mobile phone, computer, and electronic integration equipment markets.
The study includes a forecast for the global zigbee system on chip by type, application, and region.
Zigbee System on Chip Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Less Than 1 Mbps
- Between 1 Mbps & 10 Mbps
- Others
Less than 1 Mbps is expected to witness the higher growth over the forecast period because it is more suitable for applications that require low power consumption and long battery life, such as smart home devices, wearable devices, and industrial sensors.
Zigbee System on Chip Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Mobile Phone
- Computer
- Electronic Integration Equipment
- Others
Zigbee System on Chip Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia-Pacific
- The Rest of the World
APAC is expected to witness highest growth over the forecast period due to rapid expansion of IoT applications, and smart city projects in countries like China and India.
List of Zigbee System on Chip Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies zigbee system on chip companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the zigbee system on chip companies profiled in this report include:
- NXP
- Silicon Laboratories
- CEL
- onsemi
- Texas Instruments
Features of the Global Zigbee System on Chip Market
- Market Size Estimates: Zigbee system on chip market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Zigbee system on chip market size by type, application, and region in terms of value ($B).
- Regional Analysis: Zigbee system on chip market breakdown by North America, Europe, Asia-Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the zigbee system on chip market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the zigbee system on chip market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
For more information about this report visit https://www.researchandmarkets.com/r/nz6kn4
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