The market for 802.15.4 wireless personal area networking (PAN), along with the ZigBee specification network layer, is set for rapid growth, predicts In-Stat. A new study from the technology research firm forecasts that 802.15.4 nodes/chipsets could grow at a 200 percent compound annual growth rate from 2004 to 2009, with annual shipments surpassing 150 million units in 2009. In-Stat observes that the low-cost, low-power, low-data-rate networking technology is receiving attention from many companies that are involved in industrial control, home automation and commercial building control, spanning everything from nuclear power plants to hotels. The first residential products are just barely emerging on the scene, says the company.
For more on the PAN market's projected growth:
- read this In-Stat press release