According to a market report by Lucintel, 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.

In this market, less than 1 mbps and between 1 mbps and 10 mbps are the major segments of zigbee system on chip market by type.

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.

Within this market, mobile phone is expected to witness the highest growth because it is increasingly being used in mobile phones to enable a variety of features, such as wireless charging, file sharing, and peer-to-peer communication.

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.

NXP, Silicon Laboratories, CEL, onsemi, and Texas Instruments are the major suppliers in the zigbee system on chip market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]