Zigbee Market Projected to Hit USD 8.48 Billion by 2032 | Driven By Expanding IoT and Smart Home Adoption | Research by S&S Insider [Yahoo! Finance]
NXP Semiconductors N.V. (NXPI)
Last nxp semiconductors n.v. earnings: 4/27 05:00 pm
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Source: Yahoo! Finance
Austin, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Market Size & Growth Insights: According to the S&S Insider, “ The ZigBee Market Size was valued at USD 4.39 Billion in 2023 and is expected to reach USD 8.48 Billion by 2032 and grow at a CAGR of 7.60% over the forecast period 2024-2032. ” Expanding IoT Ecosystems and Smart Home Solutions Fuel Zigbee Market Growth The ZigBee market is rapidly expanding due to the global adoption of IoT and smart home technologies. ZigBee's low power usage, reliable mesh networking, and ability to seamlessly connect multiple devices make it ideal for smart home systems. Beyond home automation, Zigbee's applications in healthcare, agriculture, and industrial sectors enhance remote monitoring and data-driven insights, supporting real-time analytics and operational efficiency. With growing smart city initiatives and the rise of IoT ecosystems, ZigBee's role in facilitating reliable, energy-efficient connectivity is solidifying its position in the market, p
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News
- Loop Capital Initiates Coverage of NXP Semiconductors N.V. (NXPI) with Buy Rating and $300 Price Target, Highlighting Growth in Automotive Market and EV Innovation [Yahoo! Finance]Yahoo! Finance
- NXP Semiconductors N.V. (NXPI): Partners with MathWorks to Enhance AI-Driven Battery Management in EVs [Yahoo! Finance]Yahoo! Finance
- On-board Connectivity Market to USD 27.67 Billion by 2032, Owing to Rising Demand for Enhanced In-Vehicle Digital Experience | Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
- Automotive NFC Market Forecasts Report 2024-2029: Growing Prevalence of Automotive Theft Propelling Demand for Smart Key Access [Yahoo! Finance]Yahoo! Finance
- NXP Announces Industry-First Ultra-Wideband Wireless Battery Management System SolutionGlobeNewswire
NXPI
Earnings
- 11/4/24 - Beat
NXPI
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- NXPI's page on the SEC website