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Global BLE Module Market, Top key players are Nordic Semiconductor, Qualcomm Technologies, NXP Semiconductors, STMicroelectronics, Texas Instruments

02-19-2019 12:32 PM CET | Media & Telecommunications

Press release from: REPORTSANDMARKETS

Global BLE Module Market, Top key players are Nordic

Global BLE Module Market Size Study By Application (Computing Devices, Smart Wearable, and Smart Home Appliances), By Technology (Single-Mode, and Dual-Mode), and By Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2018-2025

Global BLE Module Market valued approximately USD XXX billion in 2016 is forecasted to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The major factors speculated to augment the markets are accelerated growth of IoT market increasing adoption across end-user industries and increasing investments in smart infrastructure. Bluetooth Low Energy (BLE) is a wireless technology standard. Bluetooth Low Energy Modules or BLE modules are gaining immense popularity with rising application of Internet of Things (IoT) across various end-user industries such as healthcare, media and entertainment and wearable devices.

The regional analysis of Global BLE Module Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the leading region across the world in terms of market share. Moreover, owing to the countries such as China, Japan, and India, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

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Some of the key players operating in this market include Nordic Semiconductor, Qualcomm Technologies, NXP Semiconductors, STMicroelectronics, Texas Instruments

This report focuses on the BLE Module in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The accelerated growth of IoT market is one of the major factors driving the global BLE module market. IoT is concerned with capturing data from the surrounding stimuli and allowing communication between people and machines. The increasing focus on the connected environment has resulted in IoT becoming one of the most rapidly growing markets. IoT devices collect data through sensors and actuators and transmit it to a centralized location on a real-time basis. This allows end-users to make informed decisions. APAC accounted for the largest share of the BLE module market in 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the market throughout the forecast period.

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Market research is the new buzzword in the market, which helps in understanding the market potential of any product in the market. Reports And Markets is not just another company in this domain but is a part of a veteran group called Algoro Research Consultants Pvt. Ltd. It offers premium progressive statistical surveying, market research reports, analysis & forecast data for a wide range of sectors both for the government and private agencies all across the world.

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