ID: MRFR/SEM/2413-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis of Bluetooth Smart and Smart Ready system Market:
Bluetooth Smart is a revolutionary concept in the entire mobile connectivity industry. The central idea behind this technology is that it connects Bluetooth enabled devices to interact with each other. Currently, wireless sensors are embedded in most of the electronic gadgets and consumer wearable products. These wireless sensors interact with each other using suitable connecting technology such as Bluetooth. Bluetooth technology also offers developers a powerful, secure, low-power and low-cost wireless communications specification. Bluetooth sensors is collecting and wirelessly sharing data with applications stored directly on Bluetooth compatible devices or in the cloud. Thus, growth of smart wireless sensors is one of the major driving factors for the growth of Bluetooth Smart and Smart Ready market.
The study indicates that the Smart and Smart Ready devices is acting in either central or peripheral roles is driving factor for the demand of Smart and Smart Ready devices. The study signifies that the Bluetooth 5 will enhance IoT application with the features that enables to transfer data up to 2.5 times faster than previous versions. The reducing transmission errors and battery consumption is also expected to drive the market by the end of the forecasted period.
The global Wireless security system market is expected to grow at USD$ ~5.07 Billion by 2023, at ~3.1% of CAGR between 2017 and 2023.
Study Objectives of Bluetooth Smart and Smart Ready System Market:
The prominent players in the Bluetooth Smart and Smart Ready system Market are – Broadcom Corporation (Singapore), Fanstel Corporation (US), Toshiba Corporation (Japan), Murata Manufacturing (Japan), Texas Instruments Incorporated (US), Renesas Electronics Corporation (Japan), Microchip Technology Inc. (US), CEVA, Inc. (US), Qualcomm Incorporated (US), Cypress Semiconductor Corporation (US), Mediatek, Inc. (Taiwan), Bluegiga Technologies (Finland), Dialog Semiconductor PLC (UK), Marvell Technology Group, Ltd. (Bermuda), and Nordic Semiconductor ASA (Norway), among others.
The global Bluetooth Smart and Smart Ready system market has been segmented on the basis of devices, technology, end -users and region.
Bluetooth Smart and Smart Ready system Market by Devices:
Bluetooth Smart and Smart Ready system Market by Technology:
Bluetooth Smart and Smart Ready system Market by End-User:
Bluetooth Smart and Smart Ready system Market by Regions:
The regional analysis of Bluetooth Smart and Smart Ready market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading in largest market share in the Bluetooth Smart and Smart Ready market. In North America, the explosion in tablet sales and continued growth in laptop sales is sparking demand for more Bluetooth smart technology devices. Whereas, Asia-Pacific countries like China, Japan and South Korea is an emerging market for Bluetooth Smart and Smart Ready market. This market has huge potential for growth of Bluetooth Smart and Smart Ready specifically the country like China, Japan , India and others.
Frequently Asked Questions (FAQ) :
The primary technologies with respect to Bluetooth smart and smart ready are Bluetooth 5.0, Bluetooth Smart, Bluetooth Smart Ready among others.
Tablets, smartphones, wearable are the devices that use the Bluetooth smart and smart ready technology.
The global market is expected to be valued at USD 5.07 Billion by 2023.
Bluetooth technology gives rise to a secure, powerful, low cost and low-power wireless communications specification, which helps its demand in the market
China, South Korea and Japan are the countries that are dominating the APAC market.