ON World’s recently published report finds that annual shipments of IEEE 802.15.4 and ZigBee chipsets doubled last year and will reach a cumulative 2.5 billion chipset sales within the next five years. The smart home will make up over two-thirds of the IEEE 802.15.4 chipsets at this time.
San Diego, California June 17, 2015
"Growth for ZigBee solutions has accelerated over the last two years with smart home and smart lighting experiencing exponential growth," says Mareca Hatler, ON World's research director. "The popularity of smart LED light bulbs has propelled ZigBee into a mass market consumer trend."
Key developments include plummeting costs for low power wireless chipsets, smart lighting adoption increasing by 2900%, Nest's acquisition by Google, ZigBee 3.0 unified profiles, the IPv6 wireless mesh Thread specification and a ZigBee/Thread cooperation announcement.
Additionally, ZigBee enabled smart home hubs are increasingly available from popular retail outlets that are seeding the ZigBee smart home for future growth. Some of these include Belkin (WeMo), Staple's Connect, Lowe's IRIS, SmartThings (Samsung) and Quirky's WINK (Home Depot).
By 2020, more than 2.5 billion IEEE 802.15.4 chipsets will have been sold worldwide and over two-thirds of the annual shipments at this time will be for smart home applications.
ON World's report, "ZigBee Lights Up the Internet of Things - 11th edition," analyzes the evolving market forces, technology advances and competitive dynamics for 22 unique ZigBee markets and provides 5-year forecasts for 802.15.4/ZigBee and competing alternatives including WiFi, Bluetooth, Z-Wave, EnOcean and others. It also includes key findings from a recently completed survey with 1,000+ consumers and an extensive analysis of 250+ ZigBee products.
A free executive summary is available from ON World's website.
About ON World:
ON World provides global business intelligence on smart technology markets. Our market research and information services are sold to Fortune 1000 companies, startups and investors worldwide. http://www.onworld.com