Title: Bluetooth 4.0 Market Competitive Research And Precise Outlook 2023 To 2030
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Bluetooth 4.0 Market
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6Market Overview
The projection for the global Bluetooth 4.0
market is 11.8 CAGR between 2022 and
2030.Bluetooth 4.0 and 4 are cutting-edge
protocols that prioritize efficiency and
throughput above power consumption. The most
recent craze in consumer electronics is Bluetooth
4.0, which allows for wireless connectivity
between various devices. Consumers can enjoy
powerful wireless accessibility on a
user-friendly platform thanks to the Bluetooth 4
family.Over the past decade, Bluetooth has
replaced all other wireless point-to-point
connection methods as the industry standard. The
Bluetooth Special Interest Group (BT-SIG)
introduced Bluetooth 4.0 (BT4.0) in June of 2010.
It's a single standard that encompasses the
following three requirementsThere has been a
recent uptick in the popularity of Bluetooth
speakers that are compatible with the Bluetooth
4 series on the global market. Several prominent
manufacturers, like JBL Incorporated and Sony
Corporation, have lately released cutting-edge
Bluetooth speakers. It is estimated that by the
end of 2016, the global market for Bluetooth
devices would have reached 4 billion, up from
2.2 billion in 2012.Gateway and edge devices are
currently implementing Bluetooth 4.0. Hub devices
that employ Bluetooth 4.0 are referred to by the
Bluetooth SIG as "Bluetooth Smart Ready" since
they are "ready" to communicate with any
Bluetooth device. Market examples of Bluetooth
Smart Ready items include the iPhone 5 and 4S,
the new iPad, the Motorola RAZR, and the Samsung
Galaxy.Bluetooth Smart refers to low-power
peripherals. Bluetooth Smart gadgets include the
Polar H7 heart
7By Region
Geographically, the global Bluetooth 4.0 market
has been analyzed in various regions such as
North America, Latin America, Middle East,
Asia-Pacific, Africa, Europe, and India. The
global Bluetooth 4.0 region is dominating this
market in the upcoming future.
8The Global Bluetooth 4.0 Market has been
segmented into
- By Application
- Automotive
- Consumer Electronics
- Healthcare
- Building Retail
- Wearable Electronics
- By Type
- Bluetooth Smart Devices
- Bluetooth Smart Ready Devices
9The Global Bluetooth 4.0 Market has been
segmented into
- By Region
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- By Region
- North America
- US
- Canada
- Mexico
- Rest of North America
- The Middle East Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- By Region
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
10Market Dynamics
The proliferation of smartphones and
Bluetooth-enabled devices around the world is a
key factor propelling the expansion of the
Bluetooth 4.0 market. Technology developments
necessitating low power consumption have
contributed to the Bluetooth 4 series' worldwide
popularity. The market for Bluetooth-enabled
smartphones is predicted to expand by roughly 30
over the next five to six years.The Bluetooth 4.0
industry is being propelled by the worldwide use
of smartphones and Bluetooth-enabled accessories.
Bluetooth 4 series' widespread adoption can be
attributed to its low power needs and
technological improvement. Over the next five to
six years, the market for Bluetooth-enabled
smartphones is projected to grow by around 30
percent globally. The global Bluetooth 4.0 market
is expanding due to rising demand from sectors
such as consumer electronics, healthcare, and the
automobile industry. Although the global market
for Bluetooth 4.0 is expanding, the technology is
hindered by its lack of high data stream
capacity. Another issue slowing demand
development is the presence of virtual wifi, a
competitive rival that can manage enormous data
volumes with robust connectivity.Bluetooth low
energy technology, which is the defining
attribute of Version 4.0, has a large market
potential, according to a report issued this week
by West Technology Research Solutions. In 2015,
Bluetooth low energy will account for
approximately half of all shipments in the
Wireless Sensor Network industry, according to
Kirsten West, principal analyst at WTRS.
Bluetooth low energy technology,
11Market Players
- Cypress Semiconductor Corporation,
- Silicon Laboratories,
- Broadcom Corporation,
- Dialog Semiconductor,
- Qualcomm Technologies,
- Dialog Semiconductor,
- MediaTek,
- Texas Instruments,
- others.
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