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What is ZigBee Market ?
ZigBee, a low-power, low-data rate wireless communication technology, has gained significant traction in various industries including home automation, smart energy, healthcare, and industrial automation. The market for ZigBee technology is witnessing steady growth, driven by the increasing adoption of IoT devices and the demand for seamless connectivity solutions. The global ZigBee market is projected to expand at a substantial CAGR over the forecast period, reflecting...
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ZigBee Market Overview:
The global ZigBee Market was valued at USD 12.9 billion by 2030 and is projected to grow at a CAGR of 6.69% from 2023 to 2030. The increasing demand for smart home solutions is one of the key factors driving the growth of the ZigBee market. Smart homes are becoming increasingly popular as people look for ways to automate their homes and make them more energy efficient. ZigBee is a well-suited technology for smart home applications as it is low-power and reliable.
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