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Los Angeles, CA -- (SBWIRE) -- 04/12/2019 -- Bluetooth Low Energy (Bluetooth LE, colloquially BLE, formerly marketed as Bluetooth Smart) is a wireless personal area network technology designed and marketed by the Bluetooth Special Interest Group (Bluetooth SIG) aimed at novel applications in the healthcare, fitness, beacons, security, and home entertainment industries.
The market for Bluetooth Low Energy IC is concentrated with players such as Nordic, TI, Dialog, Qualcomm (CSR), Cypress, Silabs, Microchip, Toshiba, STMicroelectronics, NXP, Realtek, AKM, Renesas, Telink the global leading suppliers.
China is the world's second largest economy and Asia's biggest market for BLE technology. It has made fast advances in areas such as education, infrastructure, high-tech manufacturing, academic publishing, patents and commercial applications. It is now, in some areas and by some measures, a world leader. China manufactures more than half of the world's electronic goods and thus provides the largest potential for adoption of the BLE technology.
The global Bluetooth Low Energy IC market was 390 million US$ in 2018 and is expected to 1620 million US$ by the end of 2025, growing at a CAGR of 22.4% between 2019 and 2025.
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This report studies the Bluetooth Low Energy IC market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bluetooth Low Energy IC in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Nordic
TI
Dialog
Qualcomm (CSR)
Cypress
Silabs
Microchip
Toshiba
STMicroelectronics
NXP
Realtek
AKM
Renesas
Telink
By the product type, the market is primarily split into
Bluetooth 4.0
Bluetooth 4.x
Bluetooth 5.x
By the end users/application, this report covers the following segments
Healthcare
Beacons
Smart Home
Automotive
Others
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