Global Bluetooth Low Energy Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Bluetooth Low Energy Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Bluetooth Low Energy market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Bluetooth Low Energy is a wireless personal area network technology designed and marketed by the Bluetooth Special Interest Group (Bluetooth SIG) aimed at novel applications in the healthcare, fitness, beacons, security, and home entertainment industries. Compared to Classic Bluetooth, Bluetooth Low Energy is intended to provide considerably reduced power consumption and cost while maintaining a similar communication range.

The major factor driving the market growth of bluetooth low energy module will be the surge in usage of the internet of things (IoT). The concept of the internet of things is rapidly growing in enterprises, aiming to interconnect each and every unconnected thing including persons and machine to cast interconnecting networks such as machine-to-machine (M2M), people-to-people (P2P) and machine-to-people (M2P) using wireless sensors network. Some of the major players like Nordic Semiconductors and Cambridge silicon radio are offering development kit for establishing wireless application instantly without any finesse of radio frequency connectivity.  Moreover, bluetooth low energy modules are likely to boost significant traction owing to rising demand for consumer electronics.

The Global Info Research report includes an overview of the development of the Bluetooth Low Energy industry chain, the market status of Healthcare (Chipsets, RF Modules/Network Stacks), Sports & Fitness (Chipsets, RF Modules/Network Stacks), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bluetooth Low Energy.

Regionally, the report analyzes the Bluetooth Low Energy markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bluetooth Low Energy market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Bluetooth Low Energy market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bluetooth Low Energy industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Chipsets, RF Modules/Network Stacks).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bluetooth Low Energy market.

Regional Analysis: The report involves examining the Bluetooth Low Energy market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bluetooth Low Energy market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Bluetooth Low Energy:

Company Analysis: Report covers individual Bluetooth Low Energy players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bluetooth Low Energy This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Healthcare, Sports & Fitness).

Technology Analysis: Report covers specific technologies relevant to Bluetooth Low Energy. It assesses the current state, advancements, and potential future developments in Bluetooth Low Energy areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bluetooth Low Energy market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Bluetooth Low Energy market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Chipsets
RF Modules/Network Stacks
Devices/Systems
Software/Cloud Services
IT/Automation Platforms

Market segment by Application
Healthcare
Sports & Fitness
Automotive
Electronic Devices
Others

Market segment by players, this report covers
Lenovo
Microsoft
Motorola Solutions
Toshiba
IBM
Panasonic
Bluegiga Technologies
Nordic Semiconductors
Texas Instruments
Samsung Electronics
Qualcomm

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Bluetooth Low Energy product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Bluetooth Low Energy, with revenue, gross margin and global market share of Bluetooth Low Energy from 2019 to 2024.

Chapter 3, the Bluetooth Low Energy competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Bluetooth Low Energy market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Bluetooth Low Energy.

Chapter 13, to describe Bluetooth Low Energy research findings and conclusion.