Global Bluetooth IC Market 2023-2027

Global Bluetooth IC Market 2023-2027
The Bluetooth IC market is forecasted to grow by USD 23.12 bn during 2022-2027, accelerating at a CAGR of 11.38% during the forecast period. The report on the Bluetooth IC market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of smart devices and applications, high demand for Bluetooth enabled gaming accessories, and rising integration of Bluetooth ICs in automobiles.

Technavio's Bluetooth IC market is segmented as below:

By ApplicationBeaconsAudio devicesSmart homesAutomotiveOthersBy Geographical LandscapeAPACNorth AmericaEuropeMiddle East and AfricaSouth AmericaThis study identifies the advancements in audio devices as one of the prime reasons driving the Bluetooth IC market growth during the next few years. Also, the miniaturization of electronic products and increasing adoption of Bluetooth devices in industrial will lead to sizable demand in the market.

The report on the Bluetooth IC market covers the following areas:Bluetooth IC market sizingBluetooth IC market forecastBluetooth IC market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Bluetooth IC market vendors that include Amped RF Wireless Technology, Analog Devices Inc., Asahi Kasei Corp., Infineon Technologies AG, MediaTek Inc., Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, ON Semiconductor Corp., Panasonic Holdings Corp., Qorvo Inc., Qualcomm Inc., Realtek Semiconductor Corp., Renesas Electronics Corp., Silicon Laboratories Inc., STMicroelectronics NV, TELINK SEMICONDUCTOR CO. LTD., Texas Instruments Inc., and Toshiba Corp.. Also, the Bluetooth IC market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.