Bluetooth Smart and Smart Ready Market Size, Share, Growth Report 2030

Bluetooth Smart and Smart Ready Market

Bluetooth Smart and Smart Ready Market: by Technology (Bluetooth Smart, Bluetooth Smart Ready and Bluetooth 5.0), by Application (Automotive, Consumer Electronics, Healthcare, Building and Retail, App-enabled Accessories, Wearable Devices and Industrial Measurement and Diagnostics) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025.

Published Date: 07-Nov-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 120 Report Code: ZMR-4999 Status : Published
Market Size in 2018 Market Forecast in 2025 Growth Rate (in %) Base Year
USD 4.48 billion USD 5.63 billion CAGR at 2.19%. 2018

 

Bluetooth Smart and Smart Ready Market

Bluetooth Smart and Smart Ready Market: Industry Perspective

Global Bluetooth Smart and Smart Ready Market was valued at around USD 4.48 Billion in 2018 and is expected to reach approximately USD5.63 Billion in 2025, at a CAGR slightly above 2.19 between 2018 and 2025.

Bluetooth smart and smart ready market is a groundbreaking concept in the mobile connectivity industry. The idea behind the Bluetooth technology is to allow devices to communicate with each other.Global Bluetooth Smart and Smart Ready MarketRequest Free Sample

Bluetooth smart and the smart ready market is estimated to show growth in the market. The Bluetooth market is anticipated to upsurge in the coming years owing to the rising need for embedded and wireless sensors for most electronic gadgets and consumer wearables. These devices communicate with each other via a wireless network known as Bluetooth. It also offers secure, low-cost, powerful, and low power wireless communication specifications. Moreover, consumer electronics is considered as the largest market for Bluetooth technology coupled with Bluetooth smart ready devices. This is anticipated to upsurge market demand for Bluetooth smart and smart ready market in the forecast period. Several technologies including Wi-Fi, ZigBee, Bluetooth, ANT+, and NFC are used by customers to connect their devices like tablets, laptops, smartphones, and desktops. Bluetooth is a more commonly used technology that consumer use in their day-to-day life as it is simple and secure to operate while consuming very low power. Therefore, the demands to uphold the high efficiency of electronic devices are anticipated to drive the growth of the Bluetooth smart and smart ready market. However, low data streaming capacity can limit the growth of Bluetooth smart, and smart ready is anticipated to hinder market growth in the long run.

The market is segmented into technology and application. The application segment is likely to drive market growth for Bluetooth smart and smart ready in the anticipated period. The application segment is divided into automotive, consumer electronics, healthcare, building and retail, app-enabled accessories, wearable devices, and industrial measurement and diagnostics. The consumer electronics segment will grow, owing to the rising number of smartphone uses, along with smart TV consoles and PC peripherals type of aircraft in the commercial aviation sector. Additionally, the rising demand for low-cost carriers is considered to be one of the factors driving the market growth for Bluetooth smart and smart ready in the predicted period.

Bluetooth Smart and Smart Ready Market : Report Scope

Report Attributes Report Details
Report Name Bluetooth Smart and Smart Ready Market Research Report
Market Size in 2018 USD 4.48 billion
Market Forecast in 2025 USD 5.63 billion
Growth Rate CAGR of 2.19%.
Number of Pages 120
Key Companies Covered Mediatek Inc., Bluegiga Technologies Oy, Broadcom Corporation, Dialog Semiconductor PLC, Cypress Semiconductor Corporation, Marvell Technology Group, Ltd., Bluegiga Technologies, Nordic Semiconductor ASA, Fanstel Corporation and Texas Instruments Incorporated among others.
Segments Covered By Technology,BY Application AND BY Regional
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2018
Historical Year 2018 to 2025
Forecast Year 2018 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

North America's Bluetooth smart and smart ready market is anticipated to witness growth during the predicted period. The rising adoption of IoT technology and surging number of products connectivity with each other will propel market growth for the North American region. The region also holds tremendous potential for the market in the predicted period due to the surging number of tablet, smartphone, and desktop users. Alongside, Asia Pacific is also predicted to hold a significant share of the Bluetooth smart and smart ready market during the forecast period. The region is the home of 60% of the world’s population; this also includes the world’s most populous countries such as India and China, this also indicates the region would have a large number of smartphone users as well. Therefore, the market for Bluetooth smart and the smart ready market will grow in the expected period.

The players are adopting numerous organic and inorganic strategies, which include new product developments, agreements, and contracts to support their position in the Bluetooth smart and smart ready market. Noticeable players included in Bluetooth smart and smart ready market report are:

  • Mediatek Inc.
  • Bluegiga Technologies Oy
  • Broadcom Corporation
  • Dialog Semiconductor PLC
  • Cypress Semiconductor Corporation
  • Marvell Technology Group, Ltd.
  • Bluegiga Technologies
  • Nordic Semiconductor ASA
  • Fanstel Corporation
  • Texas Instruments Incorporated

The report segment of the global Bluetooth smart and the smart ready market is as follows:

Global Bluetooth Smart and Smart Ready Market: Technology Segment Analysis

Global Bluetooth Smart and Smart Ready Market: Application Segment Analysis

  • Automotive
  • Consumer Electronics
  • Healthcare
  • Building and Retail
  • App-enabled Accessories
  • Wearable Electronics
  • Industrial Measurement and Diagnostics

Global Bluetooth Smart and Smart Ready Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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