ZigBee-enabled smart energy devices to surpass USD110m in annual sales by 2016
“ZigBee is known as a low-cost solution for reliable low-power control and monitoring,” said Neil Strother, senior research analyst with Navigant Research. “Although utilities tend to shy away from going beyond the meter – something ZigBee functionality obliges them to do – ZigBee-based home area networks enable customers to be more engaged in utility energy efficiency programs such as time-of-use pricing and demand response.”
Expected to be commercially available later in 2013, the latest version of ZigBee’s Smart Energy Profile software (SEP 2.0) marks a major shift: it is the first to be Internet Protocol-based, a characteristic that will enable ZigBee devices to communicate with non-ZigBee devices, such as those that use Wi-Fi or HomePlug. This opens up a new – and risky – world for ZigBee, according to the report, as multiple home networking technologies vie for relevance.
The report entitled ‘ZigBee for Smart Energy’, analyzes the global market opportunity for ZigBee’s Smart Energy Profile, exploring key drivers and inhibitors shaping the market along with major technology issues. The report provides market forecasts through the end of the decade for shipments of ZigBee-enabled devices as well as for revenue from ZigBee modules and chips, segmented by region.
Visit Navigant Research at www.navigantresearch.com
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