MediaTek, Nordic Semiconductors, Microchip Technology and Synopsis, among others


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DUBLIN, Nov. 24, 2022 (GLOBE NEWSWIRE) — The “Global Bluetooth 5.0 Market by Size, Component, Application, End-User, Regional Outlook and Forecast, 2022-2028 Share and Industry Trends Analysis Report” report has been added to ResearchAndMarkets.coms Visit.

The global Bluetooth 5.0 market size is expected to reach $7.6 billion by 2028, growing at a CAGR of 11.2% during the forecast period.

The Bluetooth Special Interest Group (SIG), made up of more than 35,000 members from the telecommunications, computing, networking and consumer electronics industries, is responsible for managing Bluetooth. It was standardized as IEEE 802.15.1, but the IEEE no longer follows the standard.

The Bluetooth SIG is responsible for managing the qualification process, developing the specification and defending the trademark. To sell a product as a Bluetooth device, the manufacturer must comply with the Bluetooth SIG standards. The technology is covered by a network of patents, which are licensed to devices with specific qualifications.

On December 6, 2016, the Bluetooth SIG announced Bluetooth 5.0, with the new Internet of Things technology as the main driver of its new features. With the Xperia XZ Premium, Sony was the first company to unveil Bluetooth 5.0 functionality at Mobile World Congress in February 2017. In April 2017, the Samsung Galaxy S8 went on sale with Bluetooth 5 compatibility. With Bluetooth 5 functionality, the iPhone 8, 8 Plus, and iPhone X were introduced in September 2017.

COVID-19 Impact Analysis

The COVID-19 pandemic caused a health crisis and continues to impact all aspects of professional and personal life. The COVID-19 pandemic affected a large number of industries and at the time it broke out, analysts were unable to assess the full impact of the pandemic on market sentiment.

Despite many Bluetooth markets growing slower than expected, according to the recently released Bluetooth Market Update 2021, analysts expect annual growth to pick up in 2021. Some Bluetooth marketers have discovered an opportunity to thrive during this difficult period. As more people around the world started working from home, Bluetooth PC accessories have blossomed.

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market development factors

The story continues

A wide variety of Bluetooth location service devices are available

Bluetooth technology is widely used as a device positioning solution to meet the growing demand for highly accurate indoor location services in a variety of applications, including finding personal items, indoor navigation, asset tracking and digital keys. A Bluetooth device can identify the location, size and direction of other devices.

It offers versatility unmatched by any other positioning radio, enabling building owners and managers to scale indoor positioning solutions to meet building requirements. For optimal resource and inventory management, commercial and industrial establishments are increasingly turning to Bluetooth asset management systems.

When it comes to Bluetooth location services, RTLS and TAG have taken the lead in driving the continued growth of the Bluetooth 5.0 market.

Smartphone use and exports are on the rise

Government support for smartphone production is gradually increasing. The importation of smartphones increases the cost of mobile phones, preventing their widespread use. Modern technological developments such as Android smartphones and smart living are gradually affecting people’s lives.

The short-wavelength radio transmissions used by Bluetooth technology, intended to wirelessly exchange data over short distances, provide the technology needed for convenience, intelligence, and controllability. It proposes and prototypes a new smart living system called Home Lighting Control System using an Android smartphone with Bluetooth.

factors covering the market

interference with bluetooth packets

For any wireless system, interference has been one of the major obstacles to enabling reliable data connectivity. Since Bluetooth and Wi-Fi devices and other wireless technologies share a transmission medium, a data packet can be damaged or lost in transit if it collides with another packet that is being sent at the same time and on the same frequency channel. Is.

A proposed technique for recognizing interference is based on the packet state of BLE connections. To identify failures in the BLE connection as early as possible, various properties of each packet sent and received are tracked.

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Main topics:

Chapter 1. Market size and operation

Chapter 2. Market overview
2.1 Introduction
2.1.1 Overview Market structure and scenario
2.2 Major Factors Affecting the Market
2.2.1 Market Drivers
2.2.2 Market Restrictions

Chapter 3. Competitive Analysis – Global
3.1 Main Matrix
3.2 Recent strategic developments across the industry
3.2.1 Partnerships, collaborations and agreements
3.2.2 Product Launch and Product Expansion
3.2.3 Acquisition and Merger
3.3 Best Winning Strategies
3.3.1 Key Leading Strategies: Percentage Breakdown (2018-2022)
3.3.2 Major Strategic Steps: (Product Launch and Product Expansion: 2019, March – 2023, April) Leading Players

Chapter 4. Global Bluetooth 5.0 Market by Component
4.1 Global Hardware Market by Region
4.2 Global Software Market by Region
4.3 Global Services Market by Region

Chapter 5. Global Bluetooth 5.0 Market by Application
5.1 Global Audio Streaming Market by Region
5.2 Global Data Transfer Market by Region
5.3 Global Location Services Market by Region
5.4 Global Device Network Market by Region

Chapter 6. Global Bluetooth 5.0 Market by End User
6.1 Global Retail and Logistics Market by Region
6.2 Global Smart Home/Building Market by Region
6.3 Global Consumer Electronics Market by Region
6.4 Global Automotive Market by Region
6.5 Global Wearables Market by Region
6.6 Global Healthcare Market by Region
6.7 Global Industrial Measurement and Diagnostics Market by Region
6.8 Global Other Markets by Region

Chapter 7. Global Bluetooth 5.0 Market by Region

Chapter 8. Company Profile
8.1 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
8.1.1 Business Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research and Development Expenses
8.1.4 Recent strategies and developments: Product Launch and Product Expansion: Acquisition and Merger:
8.2 MediaTek, Inc.
8.2.1 Business Overview
8.2.2 Financial Analysis
8.2.3 Sectoral analysis
8.2.4 Research and Development Expenses
8.3Nordic Semiconductors ASA
8.3.1 Business Overview
8.3.2 Financial Analysis
8.3.3 Sectoral analysis
8.3.4 Research and Development Expenses
8.3.5 Recent strategies and developments: Partnerships, collaborations and agreements:
8.4 STMicroelectronics NV
8.4.1 Business Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research and Development Expenses
8.4.5 Recent strategies and developments: Product launch and product expansion: Acquisition and Merger:
8.4.6 SWOT analysis
8.5 Texas Instruments, Inc.
8.5.1 Business Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research and Development Expenses
8.5.5 SWOT analysis
8.6 Microchip Technology, Inc.
8.6.1 Business Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research and Development Expenses
8.7 NXP Semiconductors NV
8.7.1 Business Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research and Development Expenses
8.7.5 Recent strategies and developments: Partnerships, collaborations and agreements: Product Launch and Product Expansion: Acquisition and Merger:
8.7.6 SWOT analysis
8.8 ON Semiconductor Corporation
8.8.1 Business Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research and Development Expenses
8.8.5 Recent strategies and developments: Acquisition and Merger:
8.9 Summary, Inc.
8.9.1 Business Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research and Development Expenses
8.9.5 Recent strategies and developments: Partnerships, collaborations and agreements:
8.10. Corvo Inc.
8.10.1 Business Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research and Development Expenses
8.10.5 Recent strategies and developments: Acquisition and Merger:

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