Global BLE Technology Market: Emerging Trends, Major Key Players STMicroelectronics and Nordic Semiconductor

According to the report, The global BLE Technology market size was valued at $7.43 Billion in 2019 and growing at the CAGR of 20.51% from 2020 to 2027. The demand for BLE technology is projected to grow steadily due to the increasing trend of mobile application development. Apart from the widespread use of smartphones and other wireless devices, the development of smartwatches and other wearable devices such as Fitbit and other health monitors is also driving the growth of the market.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global BLE TECHNOLOGY industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the BLE Technology market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major BLE Technology players holding highest market share include STMicroelectronics, Nordic Semiconductor, Qualcomm and Cypress Semiconductor. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• STMicroelectronics
• Nordic Semiconductor
• Qualcomm
• Cypress Semiconductor
• Texas Instruments
• Microchip Technology
• NXP Semiconductors
• Telit
• Sierra Wireless
• Quectel Wireless Solutions

Segmental Analysis

Market Segment By Offering with focus on market share, consumption trend, and growth rate of BLE TECHNOLOGY Market:
o Modules
o Chipsets

Market Segment By Mode with focus on market share, consumption trend, and growth rate of BLE TECHNOLOGY Market:
o Single Mode
o Dual Mode
o Classic

Market Segment By End-Use with a focus on market share, consumption trend, and growth rate of BLE TECHNOLOGY Market:
o Healthcare
o Sports & Fitness
o Home Appliances
o Automotive
o Consumer Electronics
o Industrial Automation
o Wearable Electronics
o Gaming

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Global BLE Technology Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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