Global Bluetooth Low Energy Market Size, Status and Forecast 2020-2026

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.

Market Analysis and Insights: Global Bluetooth Low Energy Market
The global Bluetooth Low Energy market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX%% during 2021-2026.

Global Bluetooth Low Energy Scope and Market Size
Bluetooth Low Energy market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Bluetooth Low Energy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

The key players covered in this study


Lenovo
Microsoft
Motorola Solutions
Toshiba
IBM
Panasonic
Bluegiga Technologies
Nordic Semiconductors
Texas Instruments
Samsung Electronics
Qualcomm

Market segment by Type, the product can be split into


Chipsets
RF Modules/Network Stacks
Devices/Systems
Software/Cloud Services
IT/Automation Platforms

Market segment by Application, split into


Healthcare
Sports & Fitness
Automotive
Electronic Devices
Automotive
Others

Market segment by Regions/Countries, this report covers


North America
Europe
China
Japan
Southeast Asia
India

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