Press release
Bluetooth Smart SoC Market - Demand, Supply, Cost structure along with Industry’s Competitive Landscape 2025
The Insight Partners added “Bluetooth Smart SoC Market to 2025 - Global Analysis and Forecasts by Device Type and Application” to its research database. The report is spread across 150 pages and supported by 25 company leaders.Bluetooth has become a key communication technology as a result of its place in smartphone and tablet computer. Availability of Bluetooth smart phone which means developers don’t need to create any separate gateways that requires other IoT wireless connections. Bluetooth is wireless technology and offers information exchange over short range from mobile and fixed devices. Bluetooth connection opens up the internet and cloud services to the developer allowing data to collect automatically and compiled. Bluetooth technology with low energy features is developing as a standard choice or tracking, wearable or IoT application. It has enabled an extended range of application to benefits Bluetooth wireless technology including tracking tags, fitness sensors, connected watches, healthcare sensors and remote control.
One of the major driving factor fueling the growth of Bluetooth smart SoC is development of smart wireless sensors. Low power requirement results in adoption of Bluetooth smart technology, wireless sensors are embedded in many consumer wearable device and electronic gadget. In addition to this there are several other factor surging the growth of Bluetooth smart SoC are low cost coupled with low power requirement, increasing demand for tablets, smartphone and other wearable device. However, the factors hindering the growth of Bluetooth smart SoC are lack in transferring heavy data and low streaming capacity, privacy and security. Increasing adoption of Bluetooth and Bluetooth smart enabled gadgets and a connected infrastructure has formed which is expected to boost the market over the forecasted period.
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Bluetooth Smart SoC Market is segmented on the basis of device type which further includes Bluetooth Smart and Bluetooth Smart Ready. Similarly, the market is segmented on the basis of application such as Automotive, Healthcare, Building & Retail, Wearable Electronics and Consumer Electronics.
The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Japan, India, Australia, South Arabia, UAE, South Africa and Brazil. Some of the key players which dominate Bluetooth smart SoC market are Bluegiga Technologies Oy, Nordic Semiconductor ASA, Qualcomm Inc., Dialog Semiconductor PLC, Broadcom Corporation, Texas Instruments Inc., Mediatek Inc., NXP Semiconductors, Cypress Semiconductor Corporation, CSR PLC and Marvell Technology Group, Ltd.
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