Lucintel Forecasts the Global Bluetooth Low Energy IC Market to Reach $3.5 billion by 2030

According to a market report by Lucintel, the future of the global bluetooth low energy IC market looks promising with opportunities in the consumer electronics, smart home, and healthcare markets. The global bluetooth low energy IC market is expected to reach an estimated $3.5 billion by 2030 from $0.9 billion in 2023, at a CAGR of 21% from 2024 to 2030. The major drivers for this market are increasing number of wireless devices and growth of smart home market, increase compatibility, reliability, and security in wireless communication, supporting diverse iot and wearable applications, and robust developer support and scalable deployment options, ble ics facilitate innovation and widespread adoption in modern electronics.

A more than 150-page report to understand trends, opportunity and forecast in bluetooth low energy IC market to 2030 by technology (bluetooth 4.0, bluetooth 4.x, and bluetooth 5.x), end use (consumer electronics, smart home, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that bluetooth 4.0 will remain the largest segment over the forecast period.

Within this market, consumer electronics will remain the largest segment.

Download sample by clicking on bluetooth low energy IC market

Nordic Semiconductor, Dialog Semiconductor, Texas Instruments, Qualcomm, Infineon, STMicroelectronics, NXP Semiconductors, Renesas are the major suppliers in the bluetooth low energy IC market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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