Bluetooth Smart and Smart Ready

Bluetooth Smart and Smart Ready

Global Bluetooth Smart and Smart Ready Market to Reach $9.7 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Bluetooth Smart and Smart Ready estimated at US$5.9 Billion in the year 2020, is projected to reach a revised size of US$9.7 Billion by 2027, growing at aCAGR of 7.5% over the period 2020-2027. Bluetooth Smart Ready, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$5.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Bluetooth Smart segment is readjusted to a revised 8.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 7% CAGR

The Bluetooth Smart and Smart Ready market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 6.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Select Competitors (Total 13 Featured) -

• Afero, Inc.
• Bluegiga Technologies
• Broadcom Corporation
• Ceva, Inc.
• Cypress Semiconductor Corporation
• Dialog Semiconductor PLC
• Fanstel Corporation
• Laird PLC
• Marvell Technology Group Ltd.
• Mediatek Inc.

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