Bluetooth offers exchange of information over short range from
mobile and fixed devices. It is a wireless technology developed as an
alternative to data cables and it is wireless personal area network (WPAN)
topology designed. Devices compatible with Classic Bluetooth (2.0 and 3.0) and
Bluetooth 4.0 are identified as Bluetooth smart ready devices. Whereas, devices
that supports Bluetooth 4.0 are recognized as Bluetooth smart devices.
Furthermore, low power requirement is one of the chief factors for
the adoption of Bluetooth smart technology. Presently, wireless sensors are
implanted in many of the consumer wearable products and electronic gadgets.
With the help of Bluetooth technology, these wireless sensors connects with
each other. Therefore, development of smart wireless sensors is a significant
driving factor to bolster the growth of global Bluetooth smart system-on-chip
(SoC) market. Additionally, the users does not need to incur any extra costs as
traditional Bluetooth Smart Ready products are only supported by Bluetooth enabled
devices. Low cost coupled with low power requirements are the factors
responsible for the increase in growth of Bluetooth smart SoC market.
Increasing demand for tables, smartphones and other wearable devices are the
key drivers for growth of global Bluetooth smart SoC market.
With the increased adoption
of Bluetooth and Bluetooth Smart enabled gadgets and accessories, a connected
infrastructure for electronic gadgets has formed. However, Bluetooth lacks in
transferring heavy data and has a low streaming capacity, as compared to Wi-Fi
and near field communication. Low streaming capacity is a key factor that
hinders the global Bluetooth Smart SoC growth. Also, privacy and security
concerns regarding the use to Bluetooth technology can be a major challenge for
the industry players.
The global Bluetooth smart
SoC market is segmented on the basis device type into Bluetooth smart and
Bluetooth smart ready. The global Bluetooth smart SoC market is further
segmented on the basis of applications into automotive, healthcare, building
& retail, wearable electronics and consumer electronics. The global
Bluetooth smart SoC market is bifurcated by regions into North America, Europe,
Asia Pacific, Middle East & Africa and South America.
North America dominated the
global Bluetooth smart SoC market with the increased adoption of Bluetooth
smart and Bluetooth smart ready products. Whereas, Asia Pacific is expected to
witness fastest growth in the market with the rising penetration of smartphones
that support Bluetooth.
Bluegiga Technologies Oy, Nordic Semiconductor ASA, Qualcomm Inc.,
Dialog Semiconductor PLC, Broadcom Corporation, Texas Instruments Inc.,
Mediatek Inc., NXP Semiconductors, Cypress Semiconductor Corporation, CSR PLC,
Marvell Technology Group, Ltd. Among others are some of the key markets players
operating in the global Bluetooth smart SoC market.
Global Bluetooth
Smart Market Players:
- Bluegiga Technologies Oy
- Nordic Semiconductor ASA
- Qualcomm Inc.
- Dialog Semiconductor PLC
- Broadcom Corporation
- Texas Instruments Inc.
- Mediatek Inc.
- NXP Semiconductors
- Cypress Semiconductor Corporation
- CSR PLC
- Marvell Technology Group, Ltd.
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