PUBLISHER: Roots Analysis | PRODUCT CODE: 1883081
PUBLISHER: Roots Analysis | PRODUCT CODE: 1883081
As per Roots Analysis, the global Bluetooth low energy market size is estimated to grow from USD 7.01 billion in the current year USD 18.63 billion by 2035, at a CAGR of 9.28% during the forecast period, till 2035.

The opportunity for Bluetooth low energy market has been distributed across the following segments:
Type of Network Topology
Type of Bluetooth
Type of Product
Type of Mode
Type of Component
Areas of Application
Type of End-User
Company Size
Geographical Regions
Bluetooth Low Energy Market: Growth and Trends
Bluetooth Low Energy (BLE) technology marks progression from the conventional Bluetooth model, specifically crafted for applications that require low data streaming. BLE modules are particularly ideal for situations where extensive streaming is not essential, enabling them to conserve power while allowing communication in Internet of Things (IoT) networks. BLE functions as an open-source software solution, optimized for minimal power usage, which makes it perfect for battery-powered devices that need little maintenance.
The Bluetooth low energy market is expected to grow due to the increasing global demand for mobile devices. This trend is further bolstered by a rising interest in wireless sensing technologies and advancements in IoT solutions. Moreover, continuous research and development are improving BLE's capabilities, while innovative technologies and modern production methods are opening up new market possibilities. Additionally, developing nations are playing a role in this growth by adopting BLE applications to satisfy their connectivity requirements. Overall, these combined factors establish Bluetooth low energy as an essential element in the changing landscape of wireless communication technologies.
Bluetooth Low Energy Market: Key Segments
Based on type of network topology, the global Bluetooth low energy market is segmented into central device and peripheral device. According to our estimates, currently, the central device segment captures the majority of the market share. This trend can be linked to its vital function in overseeing connections and data transmission among various peripheral devices, which is crucial for applications across sectors such as healthcare, smart home technology, and industrial automation.
Conversely, the peripheral device segment is expected to grow at a higher CAGR during the forecast period. This is driven by the rising adoption of wearable technology, smart home products, and IoT solutions that demand low energy usage and effective communication capabilities.
Based on type of Bluetooth, the global Bluetooth low energy market is segmented into Bluetooth 4.0, Bluetooth 4.x, and Bluetooth 5.x. According to our estimates, currently, the Bluetooth 5.x segment captures the majority of the market share. Additionally, it is important to note that this segment is anticipated to experience higher growth rate throughout the forecast period. This trend can be linked to its advanced features, which include an extended range, faster data transfer rates, and enhanced broadcasting capacity relative to earlier versions.
Based on type of product, the global Bluetooth low energy market is segmented into chipset and module. According to our estimates, currently, the chipset segment captures the majority of the market share. This can be attributed to its incorporation of key features such as radio frequency transceivers and digital signal processors, facilitating effective Bluetooth connectivity.
However, the module category is projected to experience the highest compound annual growth rate (CAGR) throughout the forecast period. This increase is fueled by the rising demand for ready-to-use solutions that facilitate the integration of BLE technology into a variety of devices.
Based on type of mode, the global Bluetooth low energy market is segmented into dual mode and single mode. According to our estimates, currently, the dual mode segment captures the majority of the market share. This is due to its capability of supporting both Bluetooth Classic and Bluetooth Low Energy functions. This flexibility enables devices to cater to a broader spectrum of applications, ranging from high-throughput audio streaming to low-power IoT communications, which makes dual mode especially attractive to both manufacturers and consumers.
On the other hand, the single mode category is projected to grow at a higher CAGR during the forecast period. This growth is fueled by the rising demand for low-power, battery-operated devices that need effective connectivity without requiring extensive data transfer capabilities.
Based on type of component, the global Bluetooth low energy market is segmented into hardware, services and software. According to our estimates, currently, the hardware segment captures the majority of the market share. This increase is driven by the rising demand for devices equipped with BLE technology, such as smartphones, wearables, and smart home products.
On the other hand, the services segment is projected to grow at a higher CAGR during the forecast period. This growth is linked to the growing necessity for integration, maintenance, and support services related to BLE technology across various applications.
Based on areas of application, the global Bluetooth low energy market is segmented into automotive, consumer electronics, healthcare, industrial automation, smart home, and others. According to our estimates, currently, the healthcare applications captures the majority of the market share. This increase is attributed to the growing implementation of BLE technology in medical devices for remote patient monitoring, telehealth services, and wearable health devices.
On the other hand, the smart home segment is projected to grow at a higher CAGR during the forecast period. This growth is driven by the increasing consumer interest in automation, energy efficiency, and interconnected devices for home use.
Based on type of end-user, the global Bluetooth low energy market is segmented into BFSI, manufacturing, IT and telecommunication, retail, and others. According to our estimates, currently, the BFSI segment captures the majority of the market share. This increase can be attributed to the growing use of BLE technology to enhance customer interaction, streamline operations, and improve service delivery through applications such as virtual assistants and secure mobile payments.
On the other hand, the retail segment is projected to grow at a higher CAGR during the forecast period. This growth is fueled by the rising demand for BLE-enabled solutions, such as beacons, for proximity marketing, inventory management, and customer engagement initiatives.
Based on company size, the global Bluetooth low energy market is segmented into large and small and medium enterprise. According to our estimates, currently, the large enterprise segment captures the majority of the market share. On the other hand, the small and medium enterprises are projected to grow at a higher CAGR during the forecast period. This can be attributed to their agility, innovation, focus on niche markets, and capacity to adapt to shifting customer preferences and market conditions.
Based on geographical regions, the Bluetooth low energy market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently North America captures the majority share of the market. This increase can be attributed to the presence of key technology firms, widespread smartphone adoption, and a strong demand for Internet of Things (IoT) solutions. The United States, in particular, has a significant influence on this growth, driven by considerable investments in sectors such as healthcare, smart home innovations, wearables, and industrial automation.
Bluetooth Low Energy Market: Research Coverage
The report on the Bluetooth low energy market features insights on various sections, including:
Key Questions Answered in this Report
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