Report overview
Bluetooth Low Energy is a wireless personal area network technology designed and marketed by the Bluetooth Special Interest Group (Bluetooth SIG) aimed at novel applications in the healthcare, fitness, beacons, security, and home entertainment industries. Compared to Classic Bluetooth, Bluetooth Low Energy is intended to provide considerably reduced power consumption and cost while maintaining a similar communication range.
This report aims to provide a comprehensive presentation of the global market for Bluetooth Low Energy, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bluetooth Low Energy. This report contains market size and forecasts of Bluetooth Low Energy in global, including the following market information:
Global Bluetooth Low Energy Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Bluetooth Low Energy market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major factor driving the market growth of bluetooth low energy module will be the surge in usage of the internet of things (IoT). The concept of the internet of things is rapidly growing in enterprises, aiming to interconnect each and every unconnected thing including persons and machine to cast interconnecting networks such as machine-to-machine (M2M), people-to-people (P2P) and machine-to-people (M2P) using wireless sensors network. Some of the major players like Nordic Semiconductors and Cambridge silicon radio are offering development kit for establishing wireless application instantly without any finesse of radio frequency connectivity.? Moreover, bluetooth low energy modules are likely to boost significant traction owing to rising demand for consumer electronics.
We surveyed the Bluetooth Low Energy companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bluetooth Low Energy Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Bluetooth Low Energy Market Segment Percentages, by Type, 2022 (%)
Chipsets
RF Modules/Network Stacks
Devices/Systems
Software/Cloud Services
IT/Automation Platforms
Global Bluetooth Low Energy Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Bluetooth Low Energy Market Segment Percentages, by Application, 2022 (%)
Healthcare
Sports & Fitness
Automotive
Electronic Devices
Others
Global Bluetooth Low Energy Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Bluetooth Low Energy Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bluetooth Low Energy revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Bluetooth Low Energy revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lenovo
Microsoft
Motorola Solutions
Toshiba
IBM
Panasonic
Bluegiga Technologies
Nordic Semiconductors
Texas Instruments
Samsung Electronics
Qualcomm
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bluetooth Low Energy, market overview.
Chapter 2: Global Bluetooth Low Energy market size in revenue.
Chapter 3: Detailed analysis of Bluetooth Low Energy company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bluetooth Low Energy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
