Driving Bluetooth Low Energy (BLE) Technology Market Growth in 2025: The Role of Impacts Of Smart Home And Iot Adoption On BLE Technology Market

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Bluetooth Low Energy (BLE) Technology Market Size Growth Forecast: What to Expect by 2025?
The market size for Bluetooth Low Energy (BLE) technology has seen consistent growth in recent years. It is expected to rise from $9.58 billion in 2024 to $10.03 billion in 2025, registering a CAGR of 4.8%. This growth during the historic period can be credited to the heightened demand for connected devices, a surge in the demand for IoT devices, increased adoption of wearable technology, broader applications in the healthcare and fitness sectors, and an increased need for low-power wireless connectivity.

How Will the Bluetooth Low Energy (BLE) Technology Market Size Evolve and Grow by 2029?
The market size for bluetooth low energy (BLE) technology is projected to undergo consistent expansion in the coming years, potentially attaining a worth of $11.96 billion by 2029 with a compound annual growth rate (CAGR) of 4.5%. This projected growth during the forecast period is largely ascribed to its amalgamation with smart home devices, the advancement of Bluetooth mesh technology, the rising demand for location-based services, and the increasing need for asset tracking. The forecast period also sees significant trends such as greater adoption in IoT devices, integration into automotive systems, compatibility with 5G technology, extension into smart home technology, and progression in Bluetooth low energy SoC technology.

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What Drivers Are Propelling the Growth of Bluetooth Low Energy (BLE) Technology Market Forward?
The anticipated growth of the Bluetooth low-energy (BLE) technology market is closely tied to the increasing popularity of smart home devices and Internet of Things (IoT). These connected devices in the smart home IoT category encompass a variety of systems, appliances, and gadgets designed for interconnectivity and remote or automatic control via the internet or a local network. The burgeoning interest in these devices driven by the benefits of convenience, enhanced security, energy efficiency, and remote home function control. The utility of Bluetooth low energy (BLE) technology in these devices is underscored by its role in fostering cost-effective, low-power wireless communication for effective device connectivity and control. Ericsson, a telecommunications firm based in Sweden, estimated in November 2022 that the number of IoT-connected devices will surge to 34.7 billion by 2028 from 13.2 billion in 2022. Breaking it down further, 28.7 billion devices are projected to connect through local short-range LPWANs and 6 billion through wide-area networks, inclusive of private cellular networks. Consequently, the upward trend in smart home device and IoT adoption is poised to stimulate growth in the Bluetooth low energy (BLE) technology market.

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Which Emerging Trends Are Transforming the Bluetooth Low Energy (BLE) Technology Market in 2025?
Key players in the Bluetooth low energy (BLE) technology industry are prioritizing advanced wireless sensor technology like System-on-Chip (SoC). This approach aims to improve connectivity, lower power usage, and pave the way for innovative applications in IoT, healthcare, and wearable technology. BLE System-on-Chip (SoC) consists of a microcontroller, radio, and the BLE protocol incorporated into one chip, providing efficient and low-energy wireless communication for a range of applications. For example, Renesas Electronics Corporation, a Japanese semiconductor producer, unveiled the world's most sophisticated Bluetooth low-energy (LE) System-on-Chip (SoC), named the Smart Bond DA1470x Family, in June 2022. This SoC, which consolidates power management, hardware voice activity detection, a GPU, and Bluetooth LE connectivity, is perfect for wearables, consumer medical appliances, and household devices. The high level of integration leads to cost savings on the BoM, making affordable solutions possible and reducing the number of PCB components required for compact designs and space efficiency. The new range of products sports a small footprint and integrates application and 2D graphics processors, a voice activity detector, and power management, rendering it suitable for small IoT product designs.

What Are the Key Segments in the Bluetooth Low Energy (BLE) Technology Market?
The bluetooth low energy (BLE) technology market covered in this report is segmented -

1) By Offering: Module, Chipset
2) By Mode: Single Mode, Dual Mode, Classic
3) By End User: Healthcare, Sports And Fitness, Home Appliances, Automotive, Consumer Electronics, Industrial Automation, Wearable Electronics, Gaming

Subsegments:
1) By Module: Single-Mode BLE Module, Dual-Mode BLE Module, Multi-Mode BLE Module, System-In-Package (SiP) Modules
2) By Chipset: BLE Transceiver Chipsets, BLE SoC (System On Chip) Chipsets, BLE Processor Chipsets, BLE Application-Specific Integrated Circuits (ASICs)

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Who Are the Key Players Shaping the Bluetooth Low Energy (BLE) Technology Market's Competitive Landscape?
Major companies operating in the bluetooth low energy (BLE) technology market are Amazon Inc., Apple Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Huawei Technologies Co. Ltd., Sony Group Corporation, Intel Corporation, Qualcomm Incorporated, Xiaomi Corporation, Broadcom Inc., Texas Instruments Incorporated, Koninklijke Philips N.V., STMicroelectronics N.V., NXP Semiconductors N.V., Microchip Technology Incorporated, Logitech International S.A, Garmin Ltd., Cypress Semiconductor Corporation, Razer Inc., Jabra, Quectel Wireless Solutions Co. Ltd., Fitbit Inc., Nordic Semiconductor ASA, Sierra Wireless Inc., Sennheiser electronic GmbH & Co. KG, Telit Communications PLC

What Geographic Markets Are Powering Growth in the Bluetooth Low Energy (BLE) Technology Market?
North America was the largest region in the bluetooth low energy (BLE) technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bluetooth low energy (BLE) technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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