Bluetooth Low Energy, which is marketed as Bluetooth Smart is the evolution of the old Bluetooth technology which is enhanced to have better connectivity and low energy consumption features. This technology is also popularly known as Bluetooth 4.0 or Bluetooth LE / BLE in the technology industry across the globe. There is high scope of Bluetooth Smart/ Bluetooth Low Energy Market owing to rise in consumer electronics production.
Applications of the Bluetooth Smart/ Bluetooth Low Energy Market:
The Nordic Semiconductor is introducing an automotive-version of its popular nRF51822 Bluetooth chip for in-car applications. This device will connect all in-car applications for better safety and diagnostics of the car. The smart Bluetooth devices can be used for automotive connectivity and wireless charging, thus it is increasing the scope of Bluetooth Smart/ Bluetooth Low Energy Market.
The Bluetooth LE mesh networks can be implemented to enable smart homes. Low power Bluetooth devices will be connected to each other in a mesh network to enable the devices and systems in a smart home.
Regional forecast for Bluetooth Smart/ Bluetooth Low Energy Market:
North America is one of the leading regions for the development of low energy Bluetooth 4.0 technology in the Bluetooth Smart/ Bluetooth Low Energy Market. Europe is expected to witness healthy growth of Bluetooth Low Energy Market owing to rise of urbanization and use of consumer electronics in the region.
The Asia Pacific is forecasted to have the highest growth during 2013-2019 owing to the high population and rise in industrialization suggests IndustryARC marketing analysis. India and China are main drivers of the Bluetooth Smart/ Bluetooth Low Energy Market with high consumption of Bluetooth 4.0 LE enabled devices.
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Segmentation and key players in the Bluetooth Smart/ Bluetooth Low Energy Market:
According to the IndustryARC market research report, The Bluetooth Smart/ Bluetooth Low Energy Market is segmented into various categories by applications, by technology and by geography.
By applications: consumer electronics, PC and peripherals, medicine and health, smart energy, sports and fitness, industry automation, point of sale (POS), location and advertising, mobile telephony, automotive, security and emergency response and entertainment
By technology: integrated modules (single mode BTLE and dual mode BTLE), discrete solutions (microcontrollers, antenna, battery and sensor components)
By geography: North America, South America, Europe, Asia Pacific and ROW
Some of the noteworthy key players in the Bluetooth Smart/ Bluetooth Low Energy Market that have been mentioned in the IndustryARC market research report are as follows:
- Samsung Technologies
- Intel Corporation
- Qualcomm
- IBM
- Ericsson Technology
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The Bluetooth Smart/ Bluetooth Low Energy Market is an emerging market with high scope of application in future technologies like smart cities, smart cars, smart homes for better connectivity. The rise of electronics in day to day life and high consumerism across the world is propelling the scope of this market in future.
