09. July 2017 · Comments Off on Evolving Industry Trends : ZigBee Home Automation Market Tremendously Expand at a CAGR of 26% by 2020 · Categories: News · Tags: , , , ,

ZigBee-enabled devices in home automation is gaining a lot of traction with high growth rates in application segments like smart lighting, media, and security. Vendors like Midea Group, a manufacturer of electrical appliances, have joined ZigBee Alliance, in view of the potential of the market. Low power sensors consume less power and allow device to get connected, which have substantial growth opportunities in smart home automation. Protocols like ZigBee and Thread are the most prominent in the market. The market for smart home automation is growing at a slow rate. As a result, vendors like GreenPeak are trying to increase awareness about the market and developing solutions, which facilitate both protocols. The company’s GP712, a small footprint 24 pin quad flat no-lead (QFN) package (radio chip), facilitates both ZigBee and Thread technologies to support the increasing demand for smart home automation in devices like STBs and gateways.

Source: Evolving Industry Trends : ZigBee Home Automation Market Tremendously Expand at a CAGR of 26% by 2020 – openPR