Dublin, Feb. 19, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/m5kxmh/global_zigbee) has announced the addition of the "Global Zigbee Enabled Devices Market 2016-2020" report to their offering.
The global ZigBee-enabled devices market to grow at a CAGR of 29.73%% during the period 2016-2020.
Global Zigbee-enabled Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The increasing global focus on energy conservation is compelling government agencies and utilities to improve or build power grid infrastructure by adopting smart technology. In 2015, power and utility companies invested more than $190 billion in smart energy systems. The UK's Smart Metering Implementation Programme is also set to replace 53 million meters in homes and small businesses by 2020. These organizations are also shifting toward advanced metering infrastructure (AMI), which connects home and neighborhood area networks.
According to the report, the rapidly growing IoT market across the globe is encouraging organizations from different industries to join the ZigBee Alliance, which offers global wireless standards. ZigBee Alliance aids member companies in developing products that are compatible with ZigBee-certified products. Growing membership in ZigBee Alliance will help leverage the expertise of member companies to develop standards, increase awareness, understand ZigBee technology, and ensure interoperability across the IoT.
Further, the report states that Z-Wave is a major competitor of ZigBee in the global smart home market, with added support from key cloud-based home control providers such as Verizon and ADT. Z-Wave, which is driven by a mesh network, provides effective power solutions in smart homes.
It covers the five major product segments that implement ZigBee wireless technology:
- Connected light bulbs
- Remote controls
- Smart meters (including installation fees)
- Smart thermostats
- STBs
Key vendors
- Atmel
- Digi
- Freescale Semiconductor
- GreenPeak
- NXP Semiconductors
- Renesas
- Silicon Laboratories
- STMicroelectronics
- Texas
Other prominent vendors
- AAC Technologies
- Aclara Technologies
- Autani
- Computime
- Energate
- HPL Electric and Power
- Itron
- Legrand
- Melange Systems
- Microchip Technology
- MMB Networks
- OKI Semiconductor
- Profile Systems
- SENA Technologies
- Tendril Networks
- Trilliant
- Telegesis.
For more information visit http://www.researchandmarkets.com/research/m5kxmh/global_zigbee
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