Global Bluetooth Industry Market Analysis & Forecast 2023

In 2016, the consumer electronics segment accounted for more than 30% of the total market revenue share and is expected to continue significant development over the forecast period.
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VADODARA, India - Oct. 6, 2018 - PRLog -- New report has been added to Bonafide Research Database "Global Bluetooth Industry Market Analysis & Forecast 2018-2023', the revenue is valued at USD 4 Billion in 2016. The market is expected to observe significant growth owing to an expanding demand for wireless applications, as the Bluetooth technology encourages convenient communication without wires. Factors for example security and privacy concerns and weak data streaming capabilities are foreseen to challenge market growth over the forecast period. In any case, enhanced Internet Protocol (IP) connectivity, speed, and privacy are expected to overcome these challenges.

In 2016, the consumer electronics segment accounted for more than 30% of the total market revenue share and is expected to continue significant development over the forecast period. This can be predominantly credited to the vigorous interest for smartphones and tablets and expanding digitalization in developing nations like Brazil, China, India, and other South Asian nations.

The expanding need for such advanced connected consumer electronics devices is expected to drive the Bluetooth Smart and Smart Ready market over the forecast period. The home automation segment is likewise anticipated to observe bullish growth over the upcoming years. The infiltration of the BT technology in smart home applications is anticipated to increase over the forecast period since it is assessed that the greater part of the homes as of now have no less than one Bluetooth-compatible tablet or cell phone that they can use to control familiar smart home devices.

The report covers Regional Segment Analysis by Type, Application, Major Manufactures, Industry Chain Analysis, Competitive Insights and Macroeconomic Analysis.

Global Bluetooth Market by Regional Segment Analysis covers North America, Europe, China, Japan, Southeast Asia, India. North America leads the market for bluetooth devices followed by Asia Pacific & European nations. The U.S. market and the European nations market is anticipated to grow at a lower rate as compared to the Asian region. In any case, they are anticipated to witness steady growth over the forecast period. Japan, Germany, the U.S., and China are some of the major blutooth device manufacturing regions in the world.

The Major players mentioned in the report are RDA Microelectronics, Sony Corporation, Intel Corporation, Samsung, Qualcomm Technologies, Inc., Nordic Semiconductor ASA, Murata Manufacturing Co., Ltd., Microchip Technology Inc., Marvell Technology Group Ltd.

Global Bluetooth Market by Product Segment Analysis consists of Bluetooth Smart, Bluetooth Smart Ready, and Type 3.

The Bluetooth Smart segment is expected to grow at a CAGR of more than 30% during the forecast period. The robust growth in the global consumer electronics industry and the expanding interests for wireless connectivity are anticipated to increase the demand for Bluetooth Smart devices. Consumer device manufacturers have started designing their products in such a way that they consume less power when connected to any Bluetooth device.

Bluetooth Smart Ready devices are considered as dual-mode devices since they can communicate with both, classic Bluetooth devices and BLE devices. The expanding sale of smart wearable's and consumer electronic products that require smartphones and tablets to monitor or control such devices is expected to increase the demand for Bluetooth Smart Ready devices over the forecast period.

Global Bluetooth Market by Application Segment Analysis covers Transportation, Consumer Electronics, Others

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Why one should consider this report?

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

Table of Contents:

Chapter 1 Bluetooth Market Overview

Chapter 2 Global Economic Impact on Bluetooth Industry

Chapter 3 Global Bluetooth Market Competition by Manufacturers

Chapter 4 Global Bluetooth Production, Revenue (Value) by Region (2013-2018)

Chapter 5 Global Bluetooth Supply (Production), Consumption, Export, Import by Regions (2013-2018)

Chapter 6 Global Bluetooth Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Bluetooth Market Analysis by Application

Chapter 8 Global Bluetooth Manufacturers Analysis

Chapter 9 Bluetooth Manufacturing Cost Analysis

Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 11 Marketing Strategy Analysis, Distributors/Traders

Chapter 12 Market Effect Factors Analysis

Chapter 13 Global Bluetooth Market Forecast (2018-2023)

Chapter 14 Appendix

For detailed Table of Content click:

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