Global BLE Module Market 2024-2028
The BLE module market is forecasted to grow by USD 39.87 bn during 2023-2028, accelerating at a CAGR of 18.02% during the forecast period. The report on the BLE module market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of BLE modules in healthcare applications, augmented use of BLE in retail sector, and growing demand for wearables.
Technavio's BLE module market is segmented as below:
By Application
- Computing devices
- Smart wearables
- Smart home appliances
- Beacons and others
By Type
- Single mode
- Dual mode
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing adoption of bluetooth 5.0 and beyond as one of the prime reasons driving the BLE module market growth during the next few years. Also, emergence of mesh networking and integration of BLE modules in edge computing and edge ai will lead to sizable demand in the market.
The report on the ble module market covers the following areas:
- Ble module market sizing
- Ble module market forecast
- Ble module market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading BLE module market vendors that include Adafruit Industries LLC, Amphenol Communications Solutions, Avnet Inc., Berkshire Hathaway Inc., FANSTEL Corp., Infineon Technologies AG, InsightSIP, Laird Connectivity, Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Panasonic Holdings Corp., Qualcomm Inc., Renesas Electronics Corp., Silicon Laboratories Inc., Siricom Technology, STMicroelectronics International N.V., Texas Instruments Inc., and Hyper Tech. Also, the BLE module market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.