Global ZigBee Module Market 2018-2023: Key Players are Atmel, Digi, NXP Semiconductors, Renesas Electronics, Silicon Laboratories, STMicroelectronics, Texas Instruments, and Telink Semiconductor
Summary
Zigbee module market is projected to witness a compound annual growth rate of 40.38% during the forecast period, reaching a total market size of US$41.055 billion in 2023 from US$5.365 billion in 2017.Growing prevalence of IoT (Internet of Things) is providing a lot of opportunities for the market growth of ZigBee module.Furthermore, growing membership base of ZigBee Alliance coupled with the shift towards advanced metering infrastructure by government agencies and utilities will further propel the growth of ZigBee Module market in the forthcoming years.North America region accounts the largest and the fastest growing market for the ZigBee modules.Key industry players profiled are Atmel, Digi International, NXP Semiconductors, Renesas Electronics, Silicon Laboratories, STMicroelectronics, Texas Instruments, and Telink Semiconductor among others.
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