openPR Logo
Press release

Bluetooth Low Energy Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027

11-19-2021 08:54 AM CET | IT, New Media & Software

Press release from: Orion Market Research

The global Bluetooth low energy market is expected to grow at a significant CAGR during the forecast period 2021-2027. The Bluetooth Low Energy was initially introduced by Nokia Corporation in 2011 and is also known as Bluetooth 4.0 as an enhanced version of predecessor Bluetooth. This is widely used for connecting various devices based on wireless technology for data transfer. The Bluetooth Low Energy (BLE) was different from Bluetooth only in terms of energy consumption as this BLE consume low energy power and is applicable to exchange the data in short range. The low power consumption, rising adoption of IoT are major factors incorporated to drive the market growth of the global Bluetooth low energy market with the significant value during the forecast period.

A full report of Bluetooth Low Energy Market is available at: https://www.omrglobal.com/industry-reports/bluetooth-low-energy-market

The original equipment manufacturers (OEM), the rising deployment of audio and multimedia systems in automobiles which employed Bluetooth devices for the functioning and this subjected to accelerate the Bluetooth low energy market in automobile industries. The increasing application base of Bluetooth Low Energy devices in automatic number plate recognition and traffic monitoring will further be expected to propel the growth of this market globally. Additionally, the low latency, robust network connection, quick set-up speed are some features that support the Bluetooth low energy modules and are implemented to drive the market growth of the global Bluetooth low energy market.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/bluetooth-low-energy-market

Meanwhile, the global Bluetooth low energy market players adopt various strategies to explore the market and introduce major trends and revenues in the market by the end of the forecast period. Mergers and acquisition and technological advancement are the foremost strategies adopted by the market players to impact the market growth. The increasing advancement in the development of various technologies of Bluetooth devices will positively impact the growth of the market. Additionally, the vendors focus on mergers and acquisition strategy, for instance, Murata signed a collaboration with Nordic with the acquisition to launch a BLE module based on the Nordic formula and specially equipped with the Nordic semiconductors and on-board antenna to gain desired function and productivity. The market also focuses to overcome the challenges faced by Bluetooth low energy modules like the one-to-one pairing.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Product Type
o By Mode
o By Application
• Competitive Landscape- Panasonic Corporation, Murata Manufacturing Co. Ltd. and Cypress Semiconductor.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/bluetooth-low-energy-market

Bluetooth Low Energy Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Panasonic Corporation
• Murata Manufacturing Co. Ltd.
• Cypress Semiconductor

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Bluetooth Low Energy Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027 here

News-ID: 2467646 • Views:

More Releases from Orion Market Research

AI-Enabled Imaging Modalities Market Rising Demand and Growth Forecast Through 2033
AI-Enabled Imaging Modalities Market Rising Demand and Growth Forecast Through 2 …
AI-enabled imaging modalities market was valued at approximately USD 1.36 billion, and it is projected to reach around USD 19.78 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 34.67% from 2024 to 2033. AI-Enabled Imaging Modalities Market Overview The AI-enabled imaging modalities market is experiencing rapid growth, driven by advancements in artificial intelligence and machine learning technologies. These innovations are enhancing the capabilities of various imaging modalities, including
Tumor Tracking Systems Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Tumor Tracking Systems Market Size Analysis, Competitive Insights, Leading Playe …
Global tumor tracking systems market was valued at approximately USD 3.5 billion, and it is projected to reach around USD 6.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5% from 2024 to 2033. Tumor Tracking Systems Market Overview The tumor tracking systems market is experiencing steady growth, driven by the increasing incidence of cancer and advancements in imaging and tracking technologies. These systems improve the precision of
Tumor Tracking Systems Market Size Future Scope, Demands and Projected Industry Growths to 2033
Tumor Tracking Systems Market Size Future Scope, Demands and Projected Industry …
Tumor tracking systems market was valued at approximately USD 3.5 billion, and it is projected to reach around USD 6.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5% from 2024 to 2033. Tumor Tracking Systems Market Overview The tumor tracking systems market is experiencing steady growth, driven by the increasing prevalence of cancer and advancements in imaging technologies. These systems play a crucial role in enhancing the
SNP genotyping Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
SNP genotyping Market Size Analysis, Competitive Insights, Leading Players and G …
SNP genotyping market was valued at approximately USD 31.66 billion, and it is projected to reach around USD 238.25 billion by 2034, reflecting a compound annual growth rate (CAGR) of about 20.1% from 2024 to 2034. SNP genotyping Market Overview The SNP genotyping market is experiencing significant growth, driven by advancements in genotyping technologies, an increase in the prevalence of genetic disorders, and the expansion of pharmacogenomics and precision medicine initiatives. This

All 5 Releases


More Releases for Bluetooth

Bluetooth Stereo Headset Market
Bluetooth Stereo Headset Market Overview For computer or other audio applications, where the sources offer two-channel output, stereo headsets are the norm; use of a headset instead of headphones allows use for communications (usually monaural) in addition to listening to stereo sources. Virtual surround headsets feature ear cups that cover the entire ear. This report provides a deep insight into the global Bluetooth Stereo Headset market covering all its essential aspects. This
Advancements In Bluetooth Technology In The Stereo Bluetooth Earbuds Market Tren …
Which drivers are expected to have the greatest impact on the over the stereo bluetooth earbuds market's growth? The rise in the work-from-home model is anticipated to fuel the expansion of the stereo bluetooth earbuds market. This model allows individuals to carry out their employment responsibilities remotely, often from their homes, rather than having to travel to a physical workspace. Various reasons, such as cost reductions, health benefits, and pandemic-driven factors,
Key Bluetooth Low Energy Devices Market Trend for 2025-2034: Innovative Bluetoot …
What Is the Future Outlook for the Bluetooth Low Energy Devices Market's Size and Growth Rate? The market size for bluetooth low energy devices has experienced robust growth in the past few years. This market is predicted to expand from $23.8 billion in 2024 to $25.01 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. The previously observed growth can be credited to the rise in Internet of
Bluetooth Modules Market Report 2018: Segmentation by Type (Bluetooth Low Energy …
Global Bluetooth Modules market research report provides company profile for Texas Instruments, Fujitsu, Hosiden, STMicroelectronics, Laird, Taiyo Yuden, Murata, Qualcomm, Intel, Broadcom, Panasonic and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report
COSEC Bluetooth based Access Control
Mobile phones have integrated as an essential element in our day-to-day life. Presently, along with swift communication, it is tremendously used for Payment of Bills, E-commerce Shopping, Health Monitoring, GPS Navigation and more. A similar progressive trend is observed with access control, which initiated with RFID Cards, then expanded with biometrics and now it is being enhanced with advanced mobile credentials like Bluetooth. Matrix offers gesture based identification of users.
Global Bluetooth in Automotive Market
Bluetooth in Automotive Market: Introduction Bluetooth is a technology in which wireless exchange of data from two devices (mobile and fixed) takes place and is used for creating personal area networks (PAN). Bluetooth was invented by Ericsson in 1994. It can connect many devices at the same time, avoiding the synchronization issues. Bluetooth is managed by Bluetooth Special Interest Group (SIG), present in various fields namely telecommunication, computing & networking and