The Dual-band Bluetooth Low Energy (LE) ICs market is poised for significant growth from 2025 to 2030, driven by the increasing adoption of IoT devices, wearable electronics, and smart home technologies. Dual-band Bluetooth LE ICs, which operate on both 2.4 GHz and sub-1 GHz frequencies, offer enhanced connectivity, lower power consumption, and improved range, making them ideal for a wide range of applications. The market is expected to grow at a compound annual growth rate (CAGR) of 8.5%-10.2% during the forecast period, reaching a market size of approximately $3.2 billion by 2030.
The global Dual-band Bluetooth LE ICs market was valued at $1.8 billion in 2025 and is projected to grow to $3.2 billion by 2030. The market is segmented by product type, application, end-use, and region. The Dual-mode Bluetooth 5.0 segment currently holds the largest market share at 45%-50%, followed by Dual-mode Bluetooth 5.2 at 30%-35%, and Dual-mode Bluetooth 5.4 at 15%-20%. Other product types account for the remaining 5%-10% of the market.
The Dual-band Bluetooth LE ICs market is highly competitive, with several key players dominating the landscape. The major players include:
The Dual-band Bluetooth LE ICs market is being driven by several key trends:
Despite the positive outlook, the Dual-band Bluetooth LE ICs market faces several challenges:
Recent developments in the Dual-band Bluetooth LE ICs market include:
The Dual-band Bluetooth LE ICs market is expected to see significant growth across all segments:
The Dual-band Bluetooth LE ICs market is set for robust growth from 2025 to 2030, driven by the increasing adoption of IoT devices, advancements in Bluetooth technology, and the growing demand for wearable electronics and smart home devices. Despite challenges such as high development costs and regulatory hurdles, the market is expected to grow at a CAGR of 8.5%-10.2%, reaching a market size of approximately $3.2 billion by 2030. Key players such as Nordic Semiconductor, Qualcomm, and Renesas are well-positioned to capitalize on these trends, with significant investments in R&D and strategic partnerships driving innovation and market expansion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook