Press release
Top Factor Driving Bluetooth Low Energy (BLE) Technology Market Growth in 2025: Impacts Of Smart Home And Iot Adoption On BLE Technology Market
Which drivers are expected to have the greatest impact on the over the bluetooth low energy (ble) technology market's growth?The increase in usage of smart home devices and IoT is projected to stimulate the expansion of the Bluetooth low-energy (BLE) technology market in the future. A variety of appliances, systems, and gadgets for the household, designed for remote or automated interconnection and control via the internet or a local network, are considered as smart home IoT connected devices. As the demand for convenience, improved security, energy effectiveness, and remote management of home features grow, so does the adoption of smart home devices and IoT. Utilizing Bluetooth low energy (BLE) technology in these devices allows for cost-effective, low-power wireless communication, leading to efficient device connectivity and management. For example, Ericsson, a network and telecommunications firm based in Sweden, stated in November 2022 that the number of IoT-connected devices is predicted to rise to 34.7 billion by 2028, a significant increase from 13.2 billion in 2022, with 28.7 billion of these devices connecting via local short-range LPWANs, and 6 billion through wide-area networks such as private cellular networks. Consequently, the increased utilization of smart home devices and IoT will contribute to the expansion of the Bluetooth low energy (BLE) technology market.
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What is the future CAGR of the bluetooth low energy (ble) technology market, and how will it impact industry expansion?
In recent times, there has been a consistent expansion in the market size of the Bluetooth Low Energy (BLE) technology. The market is projected to swell from a worth of $9.58 billion in 2024 to about $10.03 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.8%. This growth during the historic period can be traced back to factors like the rising demand for interconnected gadgets, a surge in demand for Internet of Things (IoT) devices, increased assimilation of wearable tech, amplified uses in health and fitness sectors, and a growing need for low-energy wireless connectivity.
The market size for Bluetooth Low Energy (BLE) technology is poised to witness stable expansion in the upcoming years, reaching a value of $11.96 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 4.5%. This anticipated growth throughout the forecasted period is influenced by factors such as the implementation of Bluetooth integration in smart home gadgets, the progress of Bluetooth mesh technology, and the heightened demand for location-oriented services and asset tracking. Some of the main developments projected for this period are the use in IoT devices, its incorporation in automotive systems, synergy with 5G technology, expansion in smart home technology, and technological improvements in Bluetooth low energy SoC.
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What are the most significant trends transforming the bluetooth low energy (ble) technology market today?
Leading corporations in the Bluetooth low energy (BLE) technology market are concentrating their efforts on enhancing wireless sensor technologies such as System-on-Chip (SoC). This is aimed at improving connectivity, limiting power usage, and facilitation innovative applications in sectors such as IoT, healthcare, and wearable devices. The Bluetooth low-energy System-on-Chip (SoC) fuses a microcontroller, radio, and BLE protocol stack into a single efficient and low-power wireless communication chip suitable for a range of applications. For example, Renesas Electronics Corporation, a semiconductor manufacturer based in Japan, in June 2022, debuted the Smart Bond DA1470x Family. This is the world's most progressive Bluetooth low energy (LE) System-on-Chip (SoC), which consolidates power management, hardware voice activity detection, GPU, and Bluetooth LE connectivity all into a solitary chip. This makes it perfect for wearables, consumer medical devices, and home appliances. The high integration results in cost reductions on the BoM, facilitating affordable yet compact solutions. This new product family presents a compact design integrating applications and 2D graphics processors, a voice activity detector, and power management, which makes it the ideal choice for small IoT product designs.
Which key market segments comprise the bluetooth low energy (ble) technology market and drive its revenue growth?
The bluetooth low energy (BLE) technology market covered in this report is segmented -
1) By Offering: Module, Chipset
2) By Mode: Single Mode, Dual Mode, Classic
3) By End User: Healthcare, Sports And Fitness, Home Appliances, Automotive, Consumer Electronics, Industrial Automation, Wearable Electronics, Gaming
Subsegments:
1) By Module: Single-Mode BLE Module, Dual-Mode BLE Module, Multi-Mode BLE Module, System-In-Package (SiP) Modules
2) By Chipset: BLE Transceiver Chipsets, BLE SoC (System On Chip) Chipsets, BLE Processor Chipsets, BLE Application-Specific Integrated Circuits (ASICs)
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Which regions are key players in the growth of the bluetooth low energy (ble) technology market?
North America was the largest region in the bluetooth low energy (BLE) technology market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bluetooth low energy (BLE) technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the bluetooth low energy (ble) technology market?
Major companies operating in the bluetooth low energy (BLE) technology market are Amazon Inc., Apple Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Huawei Technologies Co. Ltd., Sony Group Corporation, Intel Corporation, Qualcomm Incorporated, Xiaomi Corporation, Broadcom Inc., Texas Instruments Incorporated, Koninklijke Philips N.V., STMicroelectronics N.V., NXP Semiconductors N.V., Microchip Technology Incorporated, Logitech International S.A, Garmin Ltd., Cypress Semiconductor Corporation, Razer Inc., Jabra, Quectel Wireless Solutions Co. Ltd., Fitbit Inc., Nordic Semiconductor ASA, Sierra Wireless Inc., Sennheiser electronic GmbH & Co. KG, Telit Communications PLC
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What Is Covered In The Bluetooth Low Energy (BLE) Technology Global Market Report?
•Market Size Forecast: Examine the bluetooth low energy (ble) technology market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the bluetooth low energy (ble) technology market for a structured understanding.
•Key Players Overview: Analyze major players in the bluetooth low energy (ble) technology market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bluetooth low energy (ble) technology market.
•Segment Contributions: Evaluate how different segments drive overall growth in the bluetooth low energy (ble) technology market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bluetooth low energy (ble) technology market.
•Industry Challenges: Identify potential risks and obstacles affecting the bluetooth low energy (ble) technology market.
•Competitive Landscape: Review strategic developments in the bluetooth low energy (ble) technology market, including expansions, agreements, and new product launches.
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