HOME Top Market Reports Bluetooth Smart and Smart Ready Market by Technology (Bluetooth Smart, Smart Ready, and Bluetooth 5.0), Application (Automotive, Consumer Electronics, Wearable Electronics, Healthcare, Building & Retail), and Geography - Global Forecast to 2023

Bluetooth Smart and Smart Ready Market by Technology (Bluetooth Smart, Smart Ready, and Bluetooth 5.0), Application (Automotive, Consumer Electronics, Wearable Electronics, Healthcare, Building & Retail), and Geography - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: June 2017
Report Code: SE 2996

 

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The Bluetooth Smart and Smart Ready market was valued at USD 4.55 Billion in 2016 and is estimated to reach USD 5.34 Billion by 2023, at a CAGR of 2.23% during the forecast period. The base year used for this study is 2016, and the forecast period considered is between 2017 and 2023.

Objectives of the study are as follows:

  • To define, describe, and forecast the market on the basis of technology, application, and geography
  • To forecast the market size of the various segments, in terms of value and volume, with respect to 4 main regions North America, Europe, APAC, and RoW
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
  • To strategically profile key players and comprehensively analyze their market shares and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze competitive developments such as agreements, contracts, partnerships, mergers and acquisitions, and product launches and developments in the Bluetooth Smart and Smart Ready market

The research methodology used to estimate and forecast the Bluetooth Smart and Smart Ready market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources used in this research include various journals and databases such as OICA, UNODA, IEEE journals, Factiva, Hoovers, and OneSource. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the Bluetooth Smart and Smart Ready from the revenues of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been further verified through primary research by conducting interviews with key officials in the industry, such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the figure below:

Bluetooth Smart And Smart Ready Market

To know about the assumptions considered for the study, download the pdf brochure

The Bluetooth Smart and Smart Ready ecosystem comprises manufacturing, technology, and service vendors, such as Qualcomm Incorporated (US), Broadcom Corporation (Singapore), Cypress Semiconductor Corporation (US), Mediatek, Inc. (Taiwan), Bluegiga Technologies (Finland), Dialog Semiconductor PLC (UK), Marvell Technology Group, Ltd. (Bermuda), Nordic Semiconductor ASA (Norway), Fanstel Corporation (US), Toshiba Corporation (Japan), Murata Manufacturing (Japan), Texas Instruments Incorporated (US), Renesas Electronics Corporation (Japan), Microchip Technology Inc. (US), and CEVA, Inc. (US), catering to end users according to their specific requirements.

Target Audience:

  • Semiconductor foundries
  • Original equipment manufacturers (OEMs) application or electronic product manufacturers
  • Original design manufacturers (ODMs)
  • Automotive manufacturers
  • Bluetooth Smart and Smart Ready forums, alliances, and associations
  • Technology investors
  • Small and large health centers
  • Research organizations
  • Distributors, resellers, and traders
  • Venture capitalists, private equity firms, and start-up companies

The study answers several questions for the target audiences, primarily which market segments to focus on in the next 2–5 years for prioritizing the efforts and investments.

Report Scope:

In this report, the Bluetooth Smart and Smart Ready market has been segmented into the following categories:

Bluetooth Smart and Smart Ready, by Technology:

  • Bluetooth Smart
  • Bluetooth Smart Ready
  • Bluetooth 5.0

Bluetooth Smart and Smart Ready, by Application:

  • Consumer Electronics
  • Automotive
  • Building & Retail
  • Wearable Electronics
  • Healthcare
  • Appcessories
  • Industrial Measurement and Diagnostics

Bluetooth Smart and Smart Ready, by Geography:

  • North America (US, Canada, and Mexico)
  • Europe (UK, Germany, France, and Others)
  • APAC (Japan, China, India, and Others)
  • RoW (South America, and Middle East and Africa)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Growth Opportunities in the Bluetooth Smart and Smart Ready Market
    4.2 Bluetooth Smart and Smart Ready, By Application
    4.3 Bluetooth Smart and Smart Ready, By Application and Region
    4.4 Bluetooth Smart and Smart Ready, By Region

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Investments in the Iot Technology
                    5.2.1.2 Rise in Applications of Smart Wireless Sensors
                    5.2.1.3 Cost-Efficient Bluetooth Smart and Smart Ready Devices With Low Power Consumption
                    5.2.1.4 Growth of Wearable Devices and Appcessories
           5.2.2 Restraints
                    5.2.2.1 Low Data Streaming Capacity Can Limit the Growth of Bluetooth Smart and Smart Ready
           5.2.3 Opportunities
                    5.2.3.1 Faster IP Connectivity With Enhanced Privacy
                    5.2.3.2 Use of Bluetooth Smart and Smart Ready in State-Of-The-Art Technologies
           5.2.4 Challenges
                    5.2.4.1 Increasing Security and Surveillance Concerns in the Age of Iot

6 Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Model
    6.4 Bluetooth Smart and Smart Ready Standards and Regulations
           6.4.1 Codes and Standards Related to Bluetooth Smart and Smart Ready
    6.5 Start-Up Scenario

7 Bluetooth Smart and Smart Ready, By Technology (Page No. - 54)
    7.1 Introduction
    7.2 Bluetooth Smart
    7.3 Bluetooth Smart Ready
    7.4 Bluetooth 5.0

8 Bluetooth Smart and Smart Ready, By Application (Page No. - 57)
    8.1 Introduction
    8.2 Automotive
           8.2.1 Driver Health and Wellness Monitoring
                    8.2.1.1 Ecg and Respiration Monitoring
                    8.2.1.2 Drowsiness Detection
           8.2.2 Remote Control Via Smartphones
                    8.2.2.1 Keyless Entry Systems (KES)
                    8.2.2.2 Driver/Vehicle Identification (Traffic Monitoring) Solutions
                    8.2.2.3 Infotainment Control Systems
                    8.2.2.4 Others
    8.3 Consumer Electronics
           8.3.1 Smartphones
           8.3.2 Tablets
           8.3.3 Laptops
           8.3.4 PC Peripherals
           8.3.5 Smart TV Consoles
    8.4 Healthcare
           8.4.1 Wireless Portable Medical Devices (WPMDS)
                    8.4.1.1 Blood Glucose Monitors
                    8.4.1.2 Cholesterol Monitors
                    8.4.1.3 Blood Pressure Monitors
    8.5 Building and Retail
           8.5.1 Smart Locks
           8.5.2 Smart Homes
           8.5.3 Beacons
    8.6 Appcessories
    8.7 Wearable Electronics
           8.7.1 Consumer Wearable Devices
                    8.7.1.1 Smart Glasses
                    8.7.1.2 Smartwatches
                    8.7.1.3 Activity Trackers
                    8.7.1.4 Wearable Cameras
                    8.7.1.5 3D Motion Trackers
           8.7.2 Medical Wearable Devices
                    8.7.2.1 Holter Monitors
                    8.7.2.2 Heart Rate Monitors
                    8.7.2.3 Sleep Apnea Monitors
                    8.7.2.4 Wearable Injectors
                    8.7.2.5 Continuous Glucose Monitors
                    8.7.2.6 Multiparameter Monitors
    8.8 Industrial Measurement and Diagnostics
           8.8.1 Wireless Sensor Networks
           8.8.2 Configuration and Maintenance

9 Geographic Analysis (Page No. - 113)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 UK
           9.3.2 Germany
           9.3.3 France
           9.3.4 RoE
    9.4 APAC
           9.4.1 China
           9.4.2 India
           9.4.3 Japan
           9.4.4 RoAPAC
    9.5 RoW
           9.5.1 South America and Mea

10 Competitive Landscape (Page No. - 131)
     10.1 Overview
     10.2 Key Players in Bluetooth Smart and Smart Ready 
     10.3 Dive Chart Analysis
             10.3.1 Vanguard
             10.3.2 Dynamic
             10.3.3 Innovator
             10.3.4 Emerging
     10.4 Product Portfolio Analysis of the Major Players in the Bluetooth Smart & Smart Ready Market (25 Companies)
     10.5 Business Strategies Adopted By Major Players in the Bluetooth Smart & Smart Ready Market (25 Companies)
*Top Companies Analyzed for This Study are – Avnet, Inc. (US); Afero, Inc. (US); Cassia Networks, Inc. (US); Avi-On Labs, Inc. (US); Qualcomm Incorporated (US); Texas Instruments Incorporated (US); Broadcom Corporation (Singapore); Cypress Semiconductor Corporation (US); Dialog Semiconductor PLC (UK); Marvell Technology Group, Ltd. (Bermuda); Laird PLC (UK); Bluegiga Technologies (Finland); Mediatek, Inc. (Taiwan); Nordic Semiconductor Asa (Norway); Rfsister (China); Swatch Group (Switzerland); Toshiba Corporation (Japan); Murata Manufacturing Co., Ltd. (Japan); Renesas Electronics Corporation (Japan); Microchip Technology, Inc. (US); Rohm Semiconductor (Japan); Ceva, Inc. (US); Samsung Corporation (South Korea); Panasonic Corporation (Japan); Fanstel Corporation (US)
     10.6 Competitive Situations and Trends

11 Company Profiles (Page No. - 139)
     11.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     11.2 Bluegiga Technologies
     11.3 Broadcom Corporation
     11.4 Qualcomm Incorporated
     11.5 Cypress Semiconductor Corporation
     11.6 Marvell Technology Group Ltd.
     11.7 Mediatek Inc.
     11.8 Texas Instruments Incorporated
     11.9 Toshiba Corporation
     11.10 Murata Manufacturing Co., Ltd.
     11.11 Renesas Electronics Corporation
     11.12 Microchip Technology Incorporated
     11.13 Dialog Semiconductor PLC
     11.14 Nordic Semiconductors Asa
     11.15 Ceva, Inc.
     11.16 Laird PLC
     11.17 Fanstel Corporation
     11.18 Key Innovators
             11.18.1 Afero, Inc.
             11.18.2 Revogi Innovation Co., Ltd.
             11.18.3 Virscient Limited
*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 199)
     12.1 Insights of Industry Experts
     12.2 Questionnaire for Bluetooth Smart and Smart Ready Market
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (112 Tables)

Table 1 Bluetooth Technology Features
Table 2 Start-Up Companies and Investors Scenario
Table 3 Bluetooth Smart and Smart Ready Market, 2015–2023
Table 4 Bluetooth Smart and Smart Ready, By Technology, 2015–2023 (Million Units)
Table 5 Bluetooth Technology Differentiation
Table 6 Bluetooth Smart and Smart Ready, By Application, 2015–2023 (USD Million)
Table 7 Bluetooth Smart and Smart Ready, By Application, 2015–2023 (Million Units)
Table 8 Bluetooth Smart and Smart Ready for Automotive, 2015–2023 (Million Units)
Table 9 Bluetooth Smart and Smart Ready for Automotive, By Region, 2015–2023 (USD Million)
Table 10 Bluetooth Smart and Smart Ready for Automotive, By Region, 2015–2023 (Million Units)
Table 11 Bluetooth Smart and Smart Ready for Driver Health and Wellness Monitoring, 2015–2023 (Million Units)
Table 12 Bluetooth Smart and Smart Ready for Driver Health and Wellness Monitoring, By Region, 2015–2023 (USD Million)
Table 13 Market for Driver Health and Wellness Monitoring, By Region, 2015–2023 (Million Units)
Table 14 Market for Remote Control Via Smartphones, 2015–2023 (Million Units)
Table 15 Market for Remote Control Via Smartphones, By Region, 2015–2023 (USD Thousand)
Table 16 Market for Remote Control Via Smartphones, By Region, 2015–2023 (Thousand Units)
Table 17 Market for Consumer Electronics, 2015–2023 (Million Units)
Table 18 Market for Consumer Electronics, By Region, 2015–2023 (USD Million)
Table 19 Market for Consumer Electronics, By Region, 2015–2023 (Million Units)
Table 20 Market for Smartphones, 2015–2023 (Million Units)
Table 21 Market for Smartphones, By Region, 2015–2023 (USD Million)
Table 22 Market for Smartphones, By Region, 2015–2023 (Million Units)
Table 23 Market for Tablets, 2015–2023 (Million Units)
Table 24 Market for Tablets, By Region, 2015–2023 (USD Million)
Table 25 Market for Tablets, By Region, 2015–2023 (Million Units)
Table 26 Market for Laptops, 2015–2023 (Million Units)
Table 27 Market for Laptops, By Region, 2015–2023 (USD Million)
Table 28 Market for Laptops, By Region, 2015–2023 (Million Units)
Table 29 Market for PC Peripherals, 2015–2023 (Thousand Units)
Table 30 Market for PC Peripherals, By Region, 2015–2023 (USD Thousand)
Table 31 Market for PC Peripherals, By Region, 2015–2023 (Thousand Units)
Table 32 Market for Smart TV Consoles, 2015–2023 (Thousand Units)
Table 33 Market for Smart TV Consoles, By Region, 2015–2023 (USD Thousand)
Table 34 Market for Smart TV Consoles, By Region, 2015–2023 (Thousand Units)
Table 35 Market for Healthcare, 2015–2023 (Million Units)
Table 36 Market for Healthcare, By Region, 2015–2023 (USD Million)
Table 37 Market for Healthcare, By Region, 2015–2023 (Million Units)
Table 38 Market for Wireless Portable Medical Devices, 2015–2023 (USD Million)
Table 39 Market for Wireless Portable Medical Devices, 2015–2023 (Million Units)
Table 40 Market for Building and Retail, 2015–2023 (Million Units)
Table 41 Market for Building and Retail, By Region, 2015–2023 (USD Million)
Table 42 Market for Building and Retail, By Region, 2015–2023 (Million Units)
Table 43 Bluetooth Smart and Smart Ready for Smart Locks, 2015–2023 (Million Units)
Table 44 Bluetooth Smart and Smart Ready for Smart Locks, By Region, 2015–2023 (USD Thousand)
Table 45 Market for Smart Locks, By Region, 2015–2023 (Thousand Units)
Table 46 Bluetooth Smart and Smart Ready for Smart Homes, 2015–2023 (Million Units)
Table 47 Bluetooth Smart and Smart Ready for Smart Homes, By Region, 2015–2023 (USD Million)
Table 48 Market for Smart Homes, By Region, 2015–2023 (Million Units)
Table 49 Bluetooth Smart and Smart Ready for Beacons, 2015–2023 (Million Units)
Table 50 Bluetooth Smart and Smart Ready for Beacons, By Region, 2015–2023 (USD Thousand)
Table 51 Market for Beacons, By Region, 2015–2023 (Thousand Units)
Table 52 Bluetooth Smart and Smart Ready for Appcessories, 2015–2023 (Million Units)
Table 53 Market for Appcessories, By Region, 2015–2023 (USD Million)
Table 54 Bluetooth Smart and Smart Ready for Appcessories, By Region, 2015–2023 (Million Units)
Table 55 Market for Wearable Electronics, 2015–2023 (Million Units)
Table 56 Bluetooth Smart and Smart Ready for Wearable Electronics, By Region, 2015–2023 (USD Million)
Table 57 Bluetooth Smart and Smart Ready for Wearable Electronics, By Region, 2015–2023 (Million Units)
Table 58 Market for Smart Glasses, 2015–2023 (Million Units)
Table 59 Bluetooth Smart and Smart Ready for Smart Glasses, By Region, 2015–2023 (USD Million)
Table 60 Market for Smart Glasses, By Region, 2015–2023 (Million Units)
Table 61 Bluetooth Smart and Smart Ready Market for Smartwatches, 2015–2023 (Million Units)
Table 62 Bluetooth Smart and Smart Ready for Smartwatches, By Region, 2015–2023 (USD Million)
Table 63 Market for Smartwatches, By Region, 2015–2023 (Million Units)
Table 64 Bluetooth Smart and Smart Ready Market for Activity Trackers, 2015–2023 (Million Units)
Table 65 Bluetooth Smart and Smart Ready for Activity Trackers, By Region, 2015–2023 (USD Million)
Table 66 Market for Activity Trackers, By Region, 2015–2023 (Million Units)
Table 67 Bluetooth Smart and Smart Ready for Wearable Cameras, 2015–2023 (Million Units)
Table 68 Market for Wearable Cameras, By Region, 2015–2023 (USD Thousand)
Table 69 Bluetooth Smart and Smart Ready Market for Wearable Cameras, By Region, 2015–2023 (Thousand Units)
Table 70 Bluetooth Smart and Smart Ready for 3D Motion Trackers, 2015–2023 (Million Units)
Table 71 Market for 3D Motion Trackers, By Region, 2015–2023 (USD Thousand)
Table 72 Bluetooth Smart and Smart Ready for 3D Motion Trackers, By Region, 2015–2023 (Thousand Units)
Table 73 Bluetooth Smart and Smart Ready Market for Holter Monitors, 2015–2023 (Million Units)
Table 74 Market for Holter Monitors, By Region, 2015–2023 (USD Million)
Table 75 Bluetooth Smart and Smart Ready for Holter Monitors, By Region, 2015–2023 (Million Units)
Table 76 Market for Heart Rate Monitors, 2015–2023 (Thousand Units)
Table 77 Bluetooth Smart and Smart Ready Market for Heart Rate Monitors, By Region, 2015–2023 (USD Thousand)
Table 78 Market for Heart Rate Monitors, By Region, 2015–2023 (Thousand Units)
Table 79 Bluetooth Smart and Smart Ready for Sleep Apnea Monitors, 2015–2023 (Thousand Units)
Table 80 Market for Sleep Apnea Monitors, By Region, 2015–2023 (USD Thousand)
Table 81 Bluetooth Smart and Smart Ready Market for Sleep Apnea Monitors, By Region, 2015–2023 (Thousand Units)
Table 82 Bluetooth Smart and Smart Ready for Wearable Injectors, 2015–2023 (Thousand Units)
Table 83 Market for Wearable Injectors, By Region, 2015–2023 (USD Thousand)
Table 84 Bluetooth Smart and Smart Ready Market for Wearable Injectors, By Region, 2015–2023 (Thousand Units)
Table 85 Bluetooth Smart and Smart Ready for Continuous Glucose Monitors, 2015–2023 (Thousand Units)
Table 86 Market for Continuous Glucose Monitors, By Region, 2015–2023 (USD Thousand)
Table 87 Bluetooth Smart and Smart Ready Market for Continuous Glucose Monitors, By Region (Thousand Units)
Table 88 Bluetooth Smart and Smart Ready for Multiparameter Monitors, 2015–2023 (Thousand Units)
Table 89 Market for Multiparameter Monitors, By Region, 2015–2023 (USD Thousand)
Table 90 Bluetooth Smart and Smart Ready Market for Multiparameter Monitors, By Region, 2015–2023 (Thousand Units)
Table 91 Market for Industrial Measurement and Diagnostics, 2015–2023 (Million Units)
Table 92 Bluetooth Smart and Smart Ready for Industrial Measurement and Diagnostics, By Region, 2015–2023 (USD Million)
Table 93 Market for Industrial Measurement and Diagnostics, By Region, 2015–2023 (Million Units)
Table 94 Bluetooth Smart and Smart Ready Market, By Region, 2015–2023 (USD Million)
Table 95 Bluetooth Smart and Smart Ready, By Region, 2015–2023 (Million Units)
Table 96 Market in North America, By Application, 2015–2023 (USD Million)
Table 97 Bluetooth Smart and Smart Ready in North America, By Application, 2015–2023 (Million Units)
Table 98 North American Market, By Country, 2015–2023 (Million Units)
Table 99 North American Market, By Country, 2015–2023 (USD Million)
Table 100 Market in Europe, By Application, 2015–2023 (USD Million)
Table 101 Market in Europe, By Application, 2015–2023 (Million Units)
Table 102 European Market, By Country, 2015–2023 (Million Units)
Table 103 European Market, By Country, 2015–2023 (USD Million)
Table 104 Market in APAC, By Application, 2015–2023 (USD Million)
Table 105 Market in APAC, By Application, 2015–2023 (Million Units)
Table 106 Market in APAC, By Country, 2015–2023 (Million Units)
Table 107 Market in APAC, By Country, 2015–2023 (USD Million)
Table 108 Market in RoW, By Application, 2015–2023 (USD Million)
Table 109 Market in RoW, By Application, 2015–2023 (Million Units)
Table 110 Market in RoW, By Region, 2015–2023 (Million Units)
Table 111 Market in RoW, By Region, 2015–2023 (USD Million)
Table 112 Bluetooth Smart and Smart Ready Market: Company Ranking Analysis


List of Figures (61 Figure)

Figure 1 Market Segmentation
Figure 2 Bluetooth Smart and Smart Ready Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Consumer Electronics Application Expected to Hold the Largest Volume of the Market in 2023
Figure 7 Consumer Electronics Application Expected to Hold the Largest Share of the Market in 2017
Figure 8 APAC Expected to Hold the Largest Size of the Bluetooth Smart and Smart Ready Market Till 2023
Figure 9 APAC Expected to Hold the Largest Share of the Market in 2017
Figure 10 Market in APAC Expected to Witness the Highest Growth During the Forecast Period
Figure 11 Consumer Electronics Application Expected to Hold the Largest Size of the Market By 2023
Figure 12 Consumer Electronics Application Expected to Hold the Largest Share of the Market By 2023
Figure 13 APAC Expected to Hold the Largest Volume of the Market in 2017
Figure 14 Increasing Investments in the IoT Technology and Growing Applications of Smart Wireless Sensors Fuel Growth of the Bluetooth Smart and Smart Ready Market
Figure 15 Value Chain Analysis of the Market
Figure 16 Porter’s Five Forces Analysis: Market
Figure 17 Porter’s Analysis: Market, 2016
Figure 18 Impact of Threat of New Entrants
Figure 19 Impact of Threat of Substitutes
Figure 20 Impact of Bargaining Power of Suppliers
Figure 21 Impact of Bargaining Power of Buyers
Figure 22 Impact of Intensity of Competitive Rivalry
Figure 23 Total Investment Raised By Start-Ups (2010–2014)
Figure 24 Bluetooth Smart and Smart Ready, By Application
Figure 25 Bluetooth Smart and Smart Ready for Automotive, 2017 and 2023
Figure 26 Bluetooth Smart and Smart Ready for Driver Health and Wellness Monitoring, 2017 and 2023
Figure 27 Bluetooth Smart and Smart Ready for Consumer Electronics, 2017 and 2023
Figure 28 Bluetooth Smart and Smart Ready Penetration in Smartphones, 2017 and 2023
Figure 29 Bluetooth Smart Ready Penetration in Tablets, 2017 and 2023
Figure 30 Bluetooth Smart Penetration in PC Peripherals, 2017 and 2023
Figure 31 Bluetooth Smart and Smart Ready Market for Healthcare, 2017 and 2023
Figure 32 Bluetooth Smart and Smart Ready for Building and Retail, 2017 and 2023
Figure 33 Market for Beacons, 2017 and 2023
Figure 34 Bluetooth Smart and Smart Ready for Wearable Electronics, 2017 and 2023
Figure 35 Market for Smartwatches, 2017 and 2023
Figure 36 Bluetooth Smart and Smart Ready for 3D Motion Trackers, 2017 and 2023
Figure 37 North America Expected to Dominate the Market for Heart Rate Monitors Globally
Figure 38 Market for Wearable Injectors, 2017 and 2023
Figure 39 Bluetooth Smart and Smart Ready for Multiparameter Monitors, 2017 and 2023
Figure 40 Bluetooth Smart and Smart Ready : APAC Expected to Be the Fastest-Growing Region Over the Next 6 Years
Figure 41 Market Snapshot: North America, 2017
Figure 42 Market Snapshot: Europe, 2017
Figure 43 Market Snapshot: APAC, 2017
Figure 44 Dive Chart
Figure 45 Market Evolution Framework: Product Launches and Developments is the Major Strategy Adopted By Market Players
Figure 46 Battle for Market Share: Product Launches and Developments Was the Key Growth Strategy
Figure 47 Bluegiga Technologies (Silicon Labs): Company Snapshot
Figure 48 Broadcom Corporation: Business Overview
Figure 49 Qualcomm Incorporated: Business Overview
Figure 50 Cypress Semiconductor Corporation: Business Overview
Figure 51 Marvell Technology Group Ltd.: Business Overview
Figure 52 Mediatek Inc.: Company Snapshot
Figure 53 Texas Instruments Incorporated: Business Overview
Figure 54 Toshiba Corporation: Business Overview
Figure 55 Murata Manufacturing Co., Ltd.: Business Overview
Figure 56 Renesas Electronics Corporation: Company Snapshot
Figure 57 Microchip Technology Incorporated: Company Snapshot
Figure 58 Dialog Semiconductor PLC: Company Snapshot
Figure 59 Nordic Semiconductors ASA: Company Snapshot
Figure 60 Ceva, Inc.: Company Snapshot
Figure 61 Laird PLC: Company Snapshot

The Bluetooth Smart and Smart Ready market was valued at USD 4.55 Billion in 2016 and is expected to reach USD 5.34 Billion by 2023, at a CAGR of 2.23% during the forecast period. Growth of this market is being fueled by technological advancements over the past few years.

The report covers the Bluetooth Smart and Smart Ready market on the basis of technology, application, and geography. The Bluetooth Smart and Smart Ready based on application is expected to be led by the consumer electronics segment during the forecast period. The rise in applications of smart wireless sensors that use Bluetooth technology is boosting the growth of the market for consumer electronics.

Smartphones, PC peripherals, and smart TV consoles are helping to elevate the overall consumer electronics segment. Smartphones have been the key driver for the Bluetooth technology as well as for the explosion of smart devices. It has been an enabler for all the under development, innovative consumer application projects. Also, high demand for tablets and smartphones is triggering the market for PC peripherals. These devices convert tablets and smartphones into full-featured PCs. Smart TV consoles are gaining traction with the increase in smart homes and connected homes.

APAC is expected to hold the largest share of the Bluetooth Smart and Smart Ready market by 2023, and it holds a tremendous potential for growth in the coming future owing to its huge potential for the application of IoT, and existence of excellent transportation facilities and big car manufacturers such as Toyota Motor Corporation (Japan) and Nissan Motor Company Ltd. (Japan).

The rising demand for Bluetooth Smart and Smart Ready in consumer electronics, growing application arena, and cost-efficient Bluetooth devices with low power consumption are the drivers for the Bluetooth Smart and Smart Ready market.

Bluetooth Smart And Smart Ready Market

The key restraint for the market is the low data streaming capacity in Bluetooth Smart and Smart Ready. BLE has a very low data payload throughput of ~100 Kbps compared with 2 Mbps of the Classic Bluetooth technology. The BLE technology currently eliminates the need for excessive power draws, but for transferring big data packets, subsequent power consumption occurs. While doing high-bandwidth transfers, transceivers are also constantly powered up. Therefore, in applications where large data streaming is required, Classic Bluetooth is preferred over BLE. Thus, low data streaming capacity acts as a restraint for the BLE market.

Some of the major companies operating in the Bluetooth Smart and Smart Ready market are Qualcomm Inc. (US), Broadcom Corporation (Singapore), Cypress Semiconductor Corporation (US), Dialog Semiconductor PLC (UK), Marvell Technology Group, Ltd. (Bermuda), Mediatek, Inc. (Taiwan), Nordic Semiconductor ASA (Norway), Bluegiga Technologies (Finland), Texas Instruments Incorporated (US), Fanstel Corporation (US), Toshiba Corporation (Japan), Murata Manufacturing Co., Ltd. (Japan), Renesas Electronics Corporation (Japan), Microchip Technology Inc. (US), and CEVA, Inc. (US).

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