1. Market Research
  2. > Advanced IT
  3. > Wireless Technology Market Trends
Bluetooth Smart and Smart Ready Market by Technology, Application, and Geography - Global Forecast to 2023

Bluetooth Smart and Smart Ready Market by Technology, Application, and Geography - Global Forecast to 2023

  • June 2017
  • 208 pages
  • ID: 4973885
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

“Rise in applications of smart wireless sensors expected to fuel growth of Bluetooth Smart and Smart Ready market”
The Bluetooth Smart and Smart Ready market, in terms of value, is expected to grow at a CAGR of 2.23% between 2017 and 2023, to reach USD 5.34 billion by 2023 from USD 4.55 billion in 2016. The Bluetooth Smart and Smart Ready market is mainly driven by the following factors: rising demand for Bluetooth Smart and Smart Ready in consumer electronics, and growing application arena across industries such as medical devices, automotive, wearable electronics, and building and retail. However, low data streaming capacity of Bluetooth Smart and Smart Ready is a restraint for the market.

”Bluetooth Smart and Smart Ready market for appcessories expected to grow at highest CAGR during forecast period”
Appcessories are hardware devices that interact with an app on smartphones or tablets through Bluetooth to perform a specific function. BLE has become the connectivity standard for these devices. Bluetooth Smart and Smart Ready solutions are prominently used in many appcessories, such as weight scales, toys, camera triggers, basketballs, and child proximity sensors. Currently, many start-ups are emerging with new apps that can control a specific device. The market of apps is ever increasing and is triggered by the demand for smartphones and these apps. Thus, the market for appcessories is expected to grow at the highest CAGR during the forecast period.

“APAC is the major region in Bluetooth Smart and Smart Ready market”
APAC is expected to hold the largest share of the Bluetooth Smart and Smart Ready market by 2023. It holds a tremendous potential for the market in the coming future owing to the developing economies such as China and India, which have a huge potential for the application of IoT, one of the key growth sectors for the Bluetooth Smart technology. Also, increasing demand for smartphones and PC peripherals, coupled with the realization of huge benefits of improved lifestyle, is driving the BLE market in APAC. Moreover, the APAC region accounts for the largest number of smartphone, tablet, and desktop users in the world, with India being the fastest-growing country.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials from the companies in the Bluetooth Smart and Smart Ready market. The breakup of profiles of primary participants for the report has been shown below:

• By Company Type: Tier 1 = 33 %, Tier 2 = 45%, and Tier 3 = 22%
• By Designation: C-Level Executives = 33%, Directors = 25%, and Others = 42%
• By Region: North America = 35%, Europe = 29%, APAC = 24%, and RoW=12%

The report also profiles the key players in the Bluetooth Smart and Smart Ready market and analyzes their market ranking. The prominent players profiled in this report are Qualcomm Inc. (US), Broadcom Corporation (Singapore), Cypress Semiconductor Corporation (US), Dialog Semiconductor PLC (UK), Marvell Technology Group, Ltd. (Bermuda), Mediatek, Inc. (Taiwan), Nordic Semiconductor ASA (Norway), Bluegiga Technologies (Finland), Texas Instruments Incorporated (US), Fanstel Corporation (US), Toshiba Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Renesas Electronics Corporation (Japan), Microchip Technology Inc. (US), and CEVA, Inc. (US), among others.


Research Coverage:
This research report categorizes the Bluetooth Smart and Smart Ready market on the basis of technology, application, and geography. The report also provides a description of major drivers, restraints, challenges, and opportunities pertaining to the market; value chain analysis; and market ranking analysis.


Reasons to Buy the Report:
The report will help leaders/new entrants in this market in the following ways:
1. This report segments the Bluetooth Smart and Smart Ready market comprehensively and provides the closest market size estimation for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for the market.
3. This report will help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section describes competitor ecosystem and various strategies implemented by the companies, such as product developments, partnerships, and mergers and acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
SLC NAND Flash Memory Market to 2027 - Global Analysis and Forecasts by Type ; Application ; Density

SLC NAND Flash Memory Market to 2027 - Global Analysis and Forecasts by Type ; Application ; Density

  • $ 4550
  • August 2019

The global SLC NAND flash memory market accounted for US$ 1.15 Bn in 2018 and is expected to grow at a CAGR of 5.6% over the forecast period 2019–2027, to account for US$ 1.98 Bn by 2027. By volume, ...

Global Bluetooth LED Bulb Industry

Global Bluetooth LED Bulb Industry

  • $ 4950
  • October 2019

Bluetooth LED Bulb market worldwide is projected to grow by US$323 Million, driven by a compounded growth of 16.8%. Residential, one of the segments analyzed and sized in this study, displays the potential ...

Consumer Electronics in Italy

Consumer Electronics in Italy

  • $ 2650
  • August 2019

Consumer electronics continued to decline in retail volume terms in 2019. However, within this, individual categories saw very different performances. Declining volumes were mostly seen in more mature ...


ref:plp2017

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on