Zigbee System on Chip Market Report: Trends, Forecast and Competitive Analysis to 2030
Zigbee System on Chip Trends and Forecast
The future of the global zigbee system on chip market looks promising with opportunities in the mobile phone, computer, and electronic integration equipment markets. 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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Zigbee System on Chip by Segment
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
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
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
Zigbee System on Chip Market Insights
Lucintel forecasts that 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.
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.
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.
FAQ
Q1. What is the growth forecast for zigbee system on chip market?
Answer: The global zigbee system on chip market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the zigbee system on chip market?
Answer: 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.
Q3. What are the major segments for zigbee system on chip market?
Answer: The future of the global zigbee system on chip market looks promising with opportunities in the mobile phone, computer, and electronic integration equipment markets.
Q4. Who are the key zigbee system on chip market companies?
Answer: Some of the key zigbee system on chip companies are as follows:
- NXP
- Silicon Laboratories
- CEL
- onsemi
- Texas Instruments
Q5. Which zigbee system on chip market segment will be the largest in future?
Answer: Lucintel forecasts that 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.
Q6. In zigbee system on chip market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the zigbee system on chip market by type (less than 1 mbps, between 1 mbps & 10 mbps, and others), application (mobile phone, computer, electronic integration equipment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?