Bluetooth Modules Market is Projected to Expand at a 13.27% CAGR from 2019-2026
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2019 to 2026
According to the report, the global Bluetooth modules market was valued at approximately USD 6,976 million in 2019 and is expected to generate revenue of around USD 16,686 million by 2026, growing at a CAGR of roughly 13.27% from 2019 and 2026.
Bluetooth is a global wireless communication standard that connects devices together over a certain distance.
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Key Players:
Key players in the Bluetooth Modules market include Murata, Qualcomm, Intel, Broadcom, Panasonic, Texas Instruments, Fujitsu, Hosiden, STMicroelectronics, Laird, Taiyo Yuden, Cypress Semiconductor, Microchip Technology, Silicon Labs, etc.
Key players in the market are identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers. Nevertheless, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, growth rate and breakdowns of the product markets are determined by using secondary sources and verified through the primary sources.
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Forecast by Geography
The regional analysis of Global Bluetooth modules Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Asia-Pacific is the largest market with a proportion of 46.59%, followed by North America and Europe, accounting for 23.65% and 18.42% respectively. Moreover, owing to the development of these countries such as China, Japan, and India, Asia Pacific region is also expected to exhibit higher growth rate over the forecast period 2019-2026.
Type Segment Analysis
Important types of the product covered in this report include Bluetooth Low Energy (BLE) Modules, Dual-mode Bluetooth Modules, Classic Bluetooth Modules, and Other.
Application Segment Analysis
Bluetooth Modules is widely used in Mobile Phones, Computers, Connected Home, and Other.
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Target Audience:
• Bluetooth modules manufacturers
• Technology providers
• Small and Medium-sized Enterprises (SMEs)
• Distributors and resellers of Bluetooth modules
• Bluetooth modules industry associations
• Product managers, Bluetooth modules industry administrator, C-level executives of the industries
• Market Research and consulting firms
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