2021 Analysis Global Bluetooth Smart Market

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Strategic Assessment of Worldwide Bluetooth Smart
Market Forecast Till 2021
Published on 05 April, 2016 Number of pages
140 Single User Price 2995
One of the major trends witnessed by the
Bluetooth Smart market include growth in wearable
technology market. The biggest thing in wearables
market is Bluetooth smart Technology. The
fast-growing wearables market has huge potential
that also encompasses smart glasses, headsets,
activity monitors, child and pet monitoring,
head- and hand-mounted terminals, medical aids,
and cameras etc.to smart clothing and ingestible.
And the majority of these products primarily rely
on the connectivity of Bluetooth technology. Even
companies like Apple is centering its wearables
strategy on Bluetooth and Wi-Fi.
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Bluetooth Smart Report Insights In the era of
wireless technology, Bluetooth is a standard for
exchanging data over short range distances from
fixed mobile devices, and building personal
area networks. Invented by Swedish digital
communications firm Ericsson in 1994, the
Bluetooth technology was initially developed as a
wireless alternative to data cables. Bluetooth
technology was designed as an open standard to
allow connectivity and collaboration between
industries and disparate products.
Scope of the Report Worldwide Bluetooth Smart
market research report covers the present
scenario and the growth prospects of the
Worldwide Bluetooth Smart Market for the period
2015-2021. The report provides in-depth analysis
of market size and growth of Worldwide Bluetooth
Smart market. This market research report
includes a detailed market segmentation of the
Worldwide Bluetooth Smart Market by
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Bluetooth Smart Market Size and Dynamics Market
research analysts at Beige Market Intelligence,
forecast the Worldwide Bluetooth Smart market to
grow at a CAGR of around 28 during the forecast
period. The growth in connectivity technologies
such as Bluetooth is primarily driven by an
increasing consumer appetite for accessing
content without any barriers. This demand for
embedded connectivity technologies that can
enable interaction between various consumer
electronic devices is not only promoting
sophistication in electronic and semiconductor
manufacturing but also is enabling advancement of
efficient technology standards. One such standard
that has gained immense prominence is Bluetooth
smart on account of it being more
energy-efficient than competing interfaces and
networking solutions such as Bluetooth, Ethernet
and Wi-fi. With the need for constant interaction
between devices becoming inevitable,
easily-implementable connectivity technologies
such as Bluetooth smart are becoming
indispensable on account of the extensive
ecosystem and ubiquity of Bluetooth technology
standard.
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report
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Bluetooth Smart Geographic Analysis The APAC
region is expected to exhibit the fastest growth,
during the forecast period between 2016 and 2021
due to rapid penetration of BLE-enabled
smartphones and personal computing products in
the countries like China, Japan, India and South
Korea. On account of stable and growth-focused
regulatory regimes in key geographies of India,
China, Japan, Singapore and South Korea, the
region is undergoing a rapid infrastructural
change, particularly in the realms of
connectivity, manufacturing and security. Rapid
expansion in mobile connectivity, federal
spending on public security systems and the rise
of cheaper electronic manufacturing hubs coupled
with rapidly growing disposable incomes and a low
consumer durable ownership rate mean huge growth
opportunity for connectivity technologies such as
Bluetooth smart. APAC is expected to remain the
leading consumption market for Bluetooth smart
modules with the regions share expected to rise
up to 55.3 by 2021.
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Bluetooth Smart Drivers, Restrains and
Trends This market research report provides
market overview of the factors driving and
restraining the growth of the market. The report
also outlines the key trends emerging in the
market that will contribute to the growth of
Worldwide Bluetooth Smart market during the
forecast period. The factors driving the growth
of the market include Industrial Internet of
Things (IoT) Revolution. Industrial IoT is one of
the largest end-market potential for Bluetooth
Smart. The market is expected to extend from
personal area networks (PAN) to wider area
networks (WAN). The rising adoption of Industrial
IoT is expected to boost the market for
networking technologies, especially wireless
networks. These networks not only provide
mobility to the equipment but also offer greater
scalability and ease of integration to the
network. The manufacturing sector is witnessing a
transformation through the implementation of the
smart factory concept and factory automation
technologies. Government initiatives such as
Industrie 4.0 in Germany and Plan Industriel in
France are expected to drive the IIoT solutions
in Europe. Moreover, increasing adoption of
Bluetooth Smart in healthcare applications is
expected to fuel the growth of the market during
the forecast period.
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Bluetooth Smart Key Vendors The report
Bluetooth Smart market also provides the
competitive landscape of the key players. The
report covers the players operating in the entire
value chain of the market. The major players
identified within the report are Nordic
Semiconductor, Texas Instruments, Cambridge
Silicon Radio (CSR plc.), Dialog Semiconductor,
Broadcom and Silicon Labs. The report also covers
the other prominent vendors in the market such as
Bluegiga Technologies, Cypress Semiconductors,
Marvell technology Group, MediaTek, NXP
Semiconductors, BlueRadios, LAPIS Semiconductor,
Microchip Technology, Toshiba, Apple,
STMicroelectronics, and Murata Manufacturing.
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Strategic Assessment of Worldwide Bluetooth Smart
Market Forecast Till 2021
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
Strategic Assessment of Worldwide Bluetooth Smart
Market Forecast Till 2021 and future
opportunities are provided in the report.
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