Global Bluetooth smart SoC market 2017-2025 segmented on the basis device type into Bluetooth smart and Bluetooth smart ready. The global Bluetooth smart SoC Market is further segmented on the basis of applications into automotive, healthcare, building & retail, wearable electronics and consumer electronics
Bluetooth offers exchange of information over short range from mobile and fixed devices. It is a wireless technology developed as an alternative to data cables and it is wireless personal area network (WPAN) topology designed.
Devices compatible with Classic Bluetooth (2.0 and 3.0) and Bluetooth 4.0 are identified as Bluetooth smart ready devices. Whereas, devices that supports Bluetooth 4.0 are recognized as Bluetooth smart devices.
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Furthermore, low power requirement is one of the chief factors for the adoption of Bluetooth smart technology. Presently, wireless sensors are implanted in many of the consumer wearable products and electronic gadgets.
With the help of Bluetooth technology, these wireless sensors connects with each other. Therefore, development of smart wireless sensors is a significant driving factor to bolster the growth of global Bluetooth smart system-on-chip (SoC) market.
Additionally, the users does not need to incur any extra costs as traditional Bluetooth Smart Ready products are only supported by Bluetooth enabled devices. Low cost coupled with low power requirements are the factors responsible for the increase in growth of Bluetooth smart SoC market.
Increasing demand for tables, smartphones and other wearable devices are the key drivers for growth of global Bluetooth smart SoC market.
With the increased adoption of Bluetooth and Bluetooth Smart enabled gadgets and accessories, a connected infrastructure for electronic gadgets has formed. However, Bluetooth lacks in transferring heavy data and has a low streaming capacity, as compared to Wi-Fi and near field communication.
Low streaming capacity is a key factor that hinders the global Bluetooth Smart SoC growth. privacy and security concerns regarding the use to Bluetooth technology can be a major challenge for the industry players.
The global Bluetooth smart SoC market is segmented on the basis device type into Bluetooth smart and Bluetooth smart ready. The global Bluetooth smart SoC market is further segmented on the basis of applications into automotive, healthcare, building & retail, wearable electronics and consumer electronics.
The global Bluetooth smart SoC market is bifurcated by regions into North America, Europe, Asia Pacific, Middle East & Africa and South America.
North America dominated the global Bluetooth smart SoC market with the increased adoption of Bluetooth smart and Bluetooth smart ready products. Whereas, Asia Pacific is expected to witness fastest growth in the market with the rising penetration of smartphones that support Bluetooth.
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Global Bluetooth Smart Market Players:
- Bluegiga Technologies Oy
- Nordic Semiconductor ASA
- Qualcomm Inc.
- Dialog Semiconductor PLC
- Broadcom Corporation
- Texas Instruments Inc.
- Mediatek Inc.
- NXP Semiconductors
- Cypress Semiconductor Corporation
- CSR PLC
- Marvell Technology Group, Ltd.
Few Key Points from Table of Content
Global Bluetooth Smart SoC Market Revenue and Forecasts to 2025 – Device Type
• Bluetooth Smart
• Bluetooth Smart Ready
Global Bluetooth Smart SoC Market Revenue and Forecasts to 2025 – Application
• Building & Retail
• Wearable Electronics
• Consumer Electronics
Global Bluetooth Smart SoC Market Revenue and Forecasts to 2025 – Geographical Analysis
• North America
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)
Key questions answered in this report
- What will the market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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