What are the new capabilities of Bluetooth, that solve connectivity challenges and address market opportunities?
This report helps you stay up to date on the latest Bluetooth trends and forecasts, as well as traditional and emerging markets.
Bluetooth continues to meet the ever-expanding needs for wireless connectivity: after audio streaming, it expanded first into low-power data transfer, which will be the leading Bluetooth solution area by volume in 2023, then into indoor positioning and location services and large-scale mesh networking, able to control, monitor and automate 10, 100 or 1000 of connected devices.
According to the last market analysis, 90% of all Bluetooth devices will include Bluetooth Low Energy by 2023, with more than 1.6 billion BLE devices shipped each year.
Location services, such as
- Point-of-Interest information to improve the quality of life for citizens and enhance the visitor experience,
- Item Finding for keys, wallets, purses and other personal properties,
- Asset Tracking for real-time location services (RTLS) solutions, whether that’s locating tools and workers in a warehouse or medical devices and patients in a hospital (HERE success story “San Giovanni” in healthcare sector),
- Wayfinding in airports, train stations, museums or stadiums, helping people find their way through complex facilities thanks to Indoor Positioning Systems (IPS),
will show the biggest growth, with a 43% CAGR by 2023 and 431 million of devices shipped per year.
Location Services solution area is followed by Device Networks for control and monitoring systems (e.g. lighting or occupancy solutions for smart buildings), as well as Automation Systems.
What about the emerging markets, created by Bluetooth innovation?
Bluetooth shapes the way we interact with and navigate the world, being included in all new smartphones, tablets and laptops: 2.1 billion of annual Bluetooth Phone, Tablet & PC device shipments are forecast by 2023.
Automotive (93% of new cars, trucks, and SUVs shipped in 2023 will come standard with Bluetooth), connected devices from household appliances to health sensors and medical innovations (40% CAGR for Bluetooth connected healthcare devices through 2023), smart building able to enhance the visitor experience, increase occupant productivity and optimize space utilization (374 million annual Bluetooth smart building device shipments),
smart industry, where Bluetooth is paving the way to new levels of efficiency, productivity and safety (HERE success story at Alstom’s factory) with a 3.5x increase in annual shipments of Bluetooth enterprise wearables by 2023, smart home and smart city, where the quality of life for citizens is improved by this wireless connectivity, are the most dynamic market sectors for Bluetooth.
Want to discover more about Bluetooth LE technology and its potential?
Download the report by Bluetooth SIG, supported by updated forecasts from ABI Research
