Forums » News and Announcements

Bluetooth IC Market Forecasts to 2027

    • 738 posts
    November 15, 2021 2:40 AM EST

    Market Highlights

    Global Bluetooth IC Industry is expected to depict a significant market growth during the Forecast Period.

    Bluetooth is a wireless communication standard, which allows electronic devices to connect and interact with each other. It is a protocol that facilitates connectivity in a range of electronic devices such as smartphones, loudspeakers, laptops, and cars. Bluetooth technology also offers developers a powerful, secure, low-power and low-cost wireless communications specification. Bluetooth sensors collect and share data with applications stored directly on Bluetooth compatible devices or on the cloud. Most of the Bluetooth ready devices support Bluetooth Low Energy (BLE) technology that allows other devices to connect with them by installing specific drivers in these devices. In this manner, the primary Bluetooth device acts as a hub that facilitates the transmission of data and commands to peripheral devices. Increasing demand for mobility and growing demand for infotainment services are major factors driving the growth of the Bluetooth IC market. Moreover, low power consumption of Bluetooth low energy devices along with better functionality are other factors driving the growth of the Bluetooth IC market.

    Get Free Sample Report : https://www.marketresearchfuture.com/sample_request/8643

     

    The Global Bluetooth IC Market has been segmented on the basis Of Type, Application, and Region.

    Key Players

    The Key Players in the Bluetooth IC market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Texas Instruments Incorporated (US), Nordic Semiconductor (Norway), Dialog Semiconductor (UK), Cypress Semiconductor (US), Realtek Semiconductor Corp. (Taiwan), Asahi Kasei Microdevices Corporation (Japan), Renesas Electronics (Japan), STMicroelectronics (Netherlands), Toshiba Corporation (Japan), Qualcomm Incorporated (US), Silicon Laboratories, Inc. (US), Microchip Technology Inc.  (US), NXP Semiconductors NV (Netherlands), Telink Semiconductor (China), and Murata Manufacturing Co., Ltd. (Japan). The companies are focused on innovating in their existing product portfolio as well as launching new products by investing in research and development to analyze the changing market trends.

    Access Report Details @ https://www.marketresearchfuture.com/reports/bluetooth-ic-market-8643

    Regional Analysis

    The market for Bluetooth IC is estimated to register significant growth during the forecast period from 2019 to 2025. The geographic analysis of the Bluetooth IC market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. According to MRFR analysis, the Asia-Pacific region dominated the global market in 2018 and is expected to maintain its dominance during the forecast period. The demand for portable devices from individuals has encouraged the chip and module manufacturers to escalate the production of Bluetooth chips for applications in consumer electronics and other industries. In addition to this, the region has also witnessed a major concentration of chip manufacturers in China and Taiwan; this is expected to fuel the growth of Bluetooth IC market in the Asia-Pacific region. On the flip side, the presence of major semiconductor companies such as Qualcomm Incorporated, Texas Instruments Incorporated, Silicon Laboratories, Inc., and Microchip Technology Inc. in North America is expected to accelerate the growth of this region during the forecast period 2019–2025.

     

    About Market Research Future:

    Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.

     

    The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. 

     

    Our Forte 

     

    • Strong industry focus
    • Robust methodology
    • Tailor-made solutions
    • Disruptive research
    • Cutting-edge detailed reports
    • Competitive pricing
    • Domain expert researchers
    • Timely delivery
    • Ground-breaking approach
    • Advanced and transparent research methodology
    • Cover latest trends and innovations