Global Bluetooth Smart SoC Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Global

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Home > Reports > Semiconductors > Electronics > Global Bluetooth Smart SoC Market – Size, Outlook, Trends and Forecast (2024 – 2032)
Global Bluetooth Smart SoC Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Bluetooth is a wireless technology standard for exchanging data over short distances from fixed and mobile devices and building personal area networks. To use Bluetooth wireless technology, a device must be able to interpret certain Bluetooth profiles, which are definitions of possible applications and specify general behaviours that Bluetooth-enabled devices use to communicate with other Bluetooth devices. Low cost coupled with low power requirements and increasing demand for gadgets are the major factors that are boosting the growth of the market.

Global Bluetooth Smart SoC Market Segments Size & Growth:

Global Bluetooth Smart SoC Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Global Bluetooth Smart SoC Market are low cost coupled with low power requirements and increasing demand for gadgets. However, lacks in transferring

Global Bluetooth Smart SoC Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the heavy data and lack of synergy among security solutions are the factors that are hindering the market growth.

Global Bluetooth Smart SoC Market Segments Share:

Global Bluetooth Smart SoC Market is segmented by device type which comprises Bluetooth smart and Bluetooth smart ready. By application, the market is segmented into automotive, healthcare, building & retail, wearable electronics and consumer electronics. By Geography, North America contributes the largest share in the market owing to the increasing adoption of Bluetooth Smart and Bluetooth smart ready products. Whereas, the Asia Pacific is anticipated to witness the fastest growth in the market during the forecast period owing to the increasing penetration of smartphones that support Bluetooth.

Global Bluetooth Smart SoC Market Trends:

  • Bluetooth Low Energy (BLE) is a key technology by NXP Semiconductors that connects BLE-enabled products to smart mobile devices.
  • Qualcomm Inc. announced the most robust and powerful low-power radio technology, Bluetooth mesh, for connected lighting in commercial spaces.
  • Broadcom’s BCM20736 WICED SMART Bluetooth System-On-Chip (SoC) provides OEMs with a flexible solution that can be incorporated into a wider variety of devices to drive new use cases.

Global Bluetooth Smart SoC Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players in the Global Bluetooth Smart SoC Market are:

  • Bluegiga Technologies Oy
  • Nordic Semiconductor ASA
  • Qualcomm Inc.
  • Dialog Semiconductor PLC
  • Broadcom Corporation
commercial spaces. Broadcom’s BCM20736

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Global Bluetooth Smart SoC Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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