Bluetooth Low Energy Devices Market

Bluetooth Low Energy Devices Market is segmented by Type (Single Mode BTLE, Dual Mode BTLE and Others), by Application (Automotive, Consumer Electronics, Healthcare, Building & Retail and Others), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)

  • Report ID : MD1844
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  • Pages : 220
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  • Tables : 85
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  • Formats :

Market Definition / Research Scope

Bluetooth Low Energy (BLE) is a wireless individual region network innovation planned and advertised by the Bluetooth Special Interest Group (Bluetooth SIG) focused on novel applications in medical care, wellness, security, and home media outlets. This device is a low force wireless communication innovation that can be utilized over a short distance to empower smart gadgets to impart. A portion of gadgets you collaborate with consistently, for example, your smartphone, smartwatch, wellness tracker, and wireless earphone, utilizes BLE to make a consistent encounter between your devices. It aims to significantly decrease power and cost while in a similar correspondence range.

Bluetooth Low Energy Devices Market shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.

Bluetooth Low Energy Devices Market Growth and Trends

Energy saving devices are of immense importance, Bluetooth low energy devices decrease the power utilization this feature is making them a hot favorite. The market is growing as these devices are very handy and cost less. Compatible with a huge number of devices, this feature increases its demands and boosts the market growth rate. Bluetooth energy devices have made sports and fitness applications more convenient.

Bluetooth low energy devices market growth also derives by its exceptional long lasting durability and operating ability, as people are more interested in buying products which require less power and easy to operate. Mesh profiles and modes utilize Bluetooth low energy to link up with the other devices by creating a web, by these modes many connected devices are operated by a single button this feature is also one of the factors that are affecting the market growth. Many healthcare applications are now using Bluetooth low energy devices, these are not only making healthcare easy moreover increasing the growth of the market.

Bluetooth audio is a further step in the field of development. This introduces low energy audio and improves the audio experience. The audio connectivity and sharing is getting better, and boosting the business revenue as well. Wireless connectivity of devices whether it is the mouse, keypad, etc no wires are needed anymore. This is one of the major factors that are making Bluetooth low energy devices more successful.Bluetooth low energy devices empower the mechanization of building’s necessary systems, like HVAC, security and lighting, decrease the working expenses, and increase the operating extent of systems.

Bluetooth Low Energy Devices Market Regional Analysis

The increasing wireless accessibility is expected to drive the Bluetooth low energy devices market globally. The Asia Pacific region is expected to dominate the market with the establishment of Bluetooth beacon solutions within office premises and airports in the region. Rising demand for a device that supports new technology like Mesh network in the North American region is anticipated to grow in the market exponentially. The new micro positioning technology of Beacon is expected to propel growth in Europe with increasing compatibility of additional sensors and smart devices in the region. The Middle East is expected to flourish in the market like other regions owing to technological advancements in the region and increasing penetration of Bluetooth technology.

Bluetooth Low Energy Devices Market Share and Competition

Key companies operating in this industry are: Ericsson Technology Licensing, Intel Corporation, Lenovo Group Ltd, Microsoft Corp., Motorola Solutions, Inc, Nokia Corp, Toshiba Corp., IBM Corp., Panasonic Corp. and Bluegiga Technologies.

Bluetooth Low Energy Devices Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2022 - 2031)
• Single Mode BTLE
• Dual Mode BTLE
• Others

Application Analysis (Revenue, USD Million, 2022 - 2031)
• Automotive
• Consumer Electronics
• Healthcare
• Building & Retail
• Others

Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Bluetooth Low Energy Devices Market Companies
• Ericsson Technology Licensing
• Intel Corporation
• Lenovo Group Ltd
• Microsoft Corp.
• Motorola Solutions, Inc
• Nokia Corp
• Toshiba Corp.
• IBM Corp.
• Panasonic Corp.
• Bluegiga Technologies

Available Versions:-
United States Bluetooth Low Energy Devices Market Research Report
Europe Bluetooth Low Energy Devices Market Research Report
Asia Pacific Bluetooth Low Energy Devices Market Research Report
India Bluetooth Low Energy Devices Market Research Report

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