Bluetooth Market to Incur Considerable Upsurge During 2016-2026

Bluetooth 4.0 and 4+ series are the latest technologies that are specialized in low power consumption and fast and strong connectivity. Bluetooth 4.0’s updated version i.e. Wireless electronic accessories and appcessories are the recent trend in the global consumer electronic market. Bluetooth 4 series provides a user-friendly platform where consumers can experience a strong wireless accessibility. The recent product trend in the global Bluetooth market includes Bluetooth Speakers enabled with Bluetooth 4+ series. Many of the key players including companies like JBL Incorporated and Sony Corporation have recently launched innovative products in the Bluetooth speaker market. World Bluetooth enabled devices market was valued around US$ 2.2 bn and US$ 3.5 bn in the year 2012 and 2015 respectively and it is estimated to grow around US$ 4.0bn by the end of 2016.

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Bluetooth 4.0 Market Segmentation:

On the basis of type of device, Bluetooth 4.0 market is segmented into Bluetooth smart devices, and Bluetooth smart ready devices. Both the markets are anticipated to grow at a significant rate owing to have technological advancement.

On the basis of application Bluetooth 4.0 market is segmented into Automotive, consumer electronics, healthcare, building & retail, Wearable Electronics. Consumer electronics segment is sub-segmented into smart phone, headset, speaker, headphone, tablet, laptop and smart TV. Building and retail segment is sub segmented into smart locks, smart homes, and beacons. Wearable electronics segment is sub segmented into consumer wearable devices includes smart glasses, smart watches, wearable cameras, 3D motion tracker, and activity trackers, and medical wearable devices includes holter monitors, wearable injectors, heart rate monitors, sleep apnea monitors, multiparameter monitors, continuous glucose monitors. Automotive segment includes speakers, adopters and receivers. In the Healthcare segment Bluetooth 4+ technology is used in blood pressure monitors, blood sugar monitors, and cholesterol monitors.

Geographically, Bluetooth 4.0 market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia pacific excluding japan, Middle East and Africa (MEA), and Japan. North America, Western Europe and Japan are the matured market in terms of revenue generation, while Latin America and Asia Pacific excluding Japan are the fastest growing market. Geographically North African countries, GCC countries and developing countries in Asia Pacific are the opportunity for the global Bluetooth 4.0 market to increase the revenue.

Bluetooth 4.0 market Dynamics:

Bluetooth 4.0 market is driven by growing number of smartphones and Bluetooth enabled accessories around the world. Since, Bluetooth 4 series requires low power with technological advancement, it gain the popularity among the consumers worldwide. Global Bluetooth smartphones sale is anticipated to grow by around 30 percent during the next five to six forecast years. Moreover increasing application in consumer electronics, healthcare and automobile are surging the growth of global Bluetooth 4.0 market. However, Bluetooth 4.0 still has low data streaming capacity which is a growth restraining factor in the global Bluetooth 4.0 market. Also, virtual wifi is a great competitor that can handle huge data with a strong connectivity, this is another factor that is playing as a demand growth restrain.

Bluetooth 4.0 market Key Players:

Some of the key players in the global Bluetooth 4.0 market are Cypress Semiconductor Corporation, Silicon Laboratories, Broadcom Corporation, Dialog Semiconductor PLC, CSR plc, Qualcomm Technologies, Inc., Dialog Semiconductor PLC, MediaTek Inc., Texas Instruments Inc.

The report covers exhaustive analysis on:

Bluetooth 4.0 Market Segments
Bluetooth 4.0 Market Dynamics
Historical Actual Market Size, 2013 - 2015
Bluetooth 4.0 Market Size & Forecast 2016 to 2026
Supply & Demand Value Chain
Bluetooth 4.0 Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Bluetooth 4.0 Market Drivers and Restraints

Regional analysis for Bluetooth 4.0 Market includes

North America
US & Canada
Latin America
Brazil, Argentina & Others
Western Europe
EU5
Nordics
Benelux
Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
North Africa
South Africa
Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

Detailed overview of parent market
Changing market dynamics of the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
Must-have information for market players to sustain and enhance their market footprints

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