Market Overview:
The global Bluetooth Low Energy (BLE) IC market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for low-power wireless connectivity solutions across various applications, such as healthcare, beacons, smart home, automotive and others. Additionally, the growing trend of IoT is also fueling the growth of this market. However, high implementation costs may restrain the growth of this market to some extent during the forecast period. On basis of type, Bluetooth 4.0 held a major share in 2017 and is expected to continue its dominance during the forecast period as well. This can be attributed to its wide adoption in various applications such as healthcare and automotive sectors. However, Bluetooth 5.
 IC Industry Outlook.svg)
Product Definition:
Bluetooth Low Energy (BLE) IC is a chip that helps devices to communicate with each other using Bluetooth technology. It is important because it helps reduce the amount of power required to transmit data, which makes it ideal for devices that need to conserve power, such as fitness trackers and smart watches.
Bluetooth 4.0:
Bluetooth 4.0 is a low-power wireless technology, also known as Bluetooth Low Energy (BLE). It offers features such as increased range and speed, easy integration with devices, and reduced power consumption. The technology is developed in the 5 GHz band owing to the growing demand for longer battery life and enhanced connectivity.
Bluetooth 4.x:
Bluetooth 4.0 is a wireless technology used for connecting electronic devices including smartphones, tablets, and laptops to personal computers and each other. It also provides networking facilities for the internet and online services such as e-mail and web browsing. Bluetooth 4.0 offers greater range than its previous versions; it can work up to 30 meters away from the device being connected while still maintaining an effective connection at 10 meters.
Application Insights:
The automotive segment is estimated to dominate the market over the forecast period. The growing adoption of BLE in automobiles for infotainment and navigation systems is expected to drive demand over the coming years. Moreover, a number of car manufacturers are focusing on developing innovative applications for BLE technology in cars, which will further boost growth. For instance, BMW has developed an app-based system that enables drivers to wirelessly connect their smartphones with their vehicles¢â‚¬â„¢ entertainment systems. This system also enables drivers to lock and unlock doors remotely and start/stop the vehicle without using a key or remote control.
The healthcare segment accounted for more than 15% share of global revenue in 2017 owing to increasing demand from medical devices such as pulse oximeters, blood glucose monitors, asthma inhalers among others that use BLE technology for wireless communication purposes.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. North America and Europe are mature markets for BLE technology, which has led to high adoption of the technology in these regions.
The Asia Pacific region comprises emerging economies such as India and China that are technologically advanced compared to other countries in Southeast Asian region.
Growth Factors:
- Increasing demand for low-power and low-cost wireless connectivity solutions in consumer electronics and medical devices
- Proliferation of Bluetooth Smart Ready products and applications
- Growing demand for mesh networking in industrial, commercial, and smart home applications
- Development of new standards such as Bluetooth 5 that enable longer range, higher throughput, and increased device interoperability
- Emerging markets such as the Internet of Things (IoT)
Scope Of The Report
Report Attributes
Report Details
Report Title
Bluetooth Low Energy (BLE) IC Market Research Report
By Type
Bluetooth 4.0, Bluetooth 4.x, Bluetooth 5.x
By Application
Healthcare, Beacons, Smart Home, Automotive, Others
By Companies
Nordic, TI, Dialog, Cypress, Silabs, Microchip, Toshiba, STMicroelectronics, NXP, Realtek, Nordic, Renesas, Telink, LAPIS Semiconductor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Bluetooth Low Energy (BLE) IC Market Report Segments:
The global Bluetooth Low Energy (BLE) IC market is segmented on the basis of:
Types
Bluetooth 4.0, Bluetooth 4.x, Bluetooth 5.x
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Healthcare, Beacons, Smart Home, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nordic
- TI
- Dialog
- Cypress
- Silabs
- Microchip
- Toshiba
- STMicroelectronics
- NXP
- Realtek
- Nordic
- Renesas
- Telink
- LAPIS Semiconductor
 IC Market Overview.svg)
Highlights of The Bluetooth Low Energy (BLE) IC Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bluetooth 4.0
- Bluetooth 4.x
- Bluetooth 5.x
- By Application:
- Healthcare
- Beacons
- Smart Home
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bluetooth Low Energy (BLE) IC Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 IC Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bluetooth Low Energy (BLE) is a wireless technology that enables devices to connect without being connected to the internet. It uses less power and can be used in smaller, more portable devices.
Some of the major players in the bluetooth low energy (ble) ic market are Nordic, TI, Dialog, Cypress, Silabs, Microchip, Toshiba, STMicroelectronics, NXP, Realtek, Nordic, Renesas, Telink, LAPIS Semiconductor.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bluetooth Low Energy (BLE) IC Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bluetooth Low Energy (BLE) IC Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bluetooth Low Energy (BLE) IC Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bluetooth Low Energy (BLE) IC Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bluetooth Low Energy (BLE) IC Market Size & Forecast, 2018-2028
4.5.1 Bluetooth Low Energy (BLE) IC Market Size and Y-o-Y Growth
4.5.2 Bluetooth Low Energy (BLE) IC Market Absolute $ Opportunity
Chapter 5 Global Bluetooth Low Energy (BLE) IC Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bluetooth Low Energy (BLE) IC Market Size Forecast by Type
5.2.1 Bluetooth 4.0
5.2.2 Bluetooth 4.x
5.2.3 Bluetooth 5.x
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bluetooth Low Energy (BLE) IC Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bluetooth Low Energy (BLE) IC Market Size Forecast by Applications
6.2.1 Healthcare
6.2.2 Beacons
6.2.3 Smart Home
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bluetooth Low Energy (BLE) IC Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bluetooth Low Energy (BLE) IC Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bluetooth Low Energy (BLE) IC Analysis and Forecast
9.1 Introduction
9.2 North America Bluetooth Low Energy (BLE) IC Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bluetooth Low Energy (BLE) IC Market Size Forecast by Type
9.6.1 Bluetooth 4.0
9.6.2 Bluetooth 4.x
9.6.3 Bluetooth 5.x
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bluetooth Low Energy (BLE) IC Market Size Forecast by Applications
9.10.1 Healthcare
9.10.2 Beacons
9.10.3 Smart Home
9.10.4 Automotive
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bluetooth Low Energy (BLE) IC Analysis and Forecast
10.1 Introduction
10.2 Europe Bluetooth Low Energy (BLE) IC Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bluetooth Low Energy (BLE) IC Market Size Forecast by Type
10.6.1 Bluetooth 4.0
10.6.2 Bluetooth 4.x
10.6.3 Bluetooth 5.x
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bluetooth Low Energy (BLE) IC Market Size Forecast by Applications
10.10.1 Healthcare
10.10.2 Beacons
10.10.3 Smart Home
10.10.4 Automotive
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bluetooth Low Energy (BLE) IC Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bluetooth Low Energy (BLE) IC Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bluetooth Low Energy (BLE) IC Market Size Forecast by Type
11.6.1 Bluetooth 4.0
11.6.2 Bluetooth 4.x
11.6.3 Bluetooth 5.x
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bluetooth Low Energy (BLE) IC Market Size Forecast by Applications
11.10.1 Healthcare
11.10.2 Beacons
11.10.3 Smart Home
11.10.4 Automotive
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bluetooth Low Energy (BLE) IC Analysis and Forecast
12.1 Introduction
12.2 Latin America Bluetooth Low Energy (BLE) IC Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bluetooth Low Energy (BLE) IC Market Size Forecast by Type
12.6.1 Bluetooth 4.0
12.6.2 Bluetooth 4.x
12.6.3 Bluetooth 5.x
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bluetooth Low Energy (BLE) IC Market Size Forecast by Applications
12.10.1 Healthcare
12.10.2 Beacons
12.10.3 Smart Home
12.10.4 Automotive
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bluetooth Low Energy (BLE) IC Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bluetooth Low Energy (BLE) IC Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bluetooth Low Energy (BLE) IC Market Size Forecast by Type
13.6.1 Bluetooth 4.0
13.6.2 Bluetooth 4.x
13.6.3 Bluetooth 5.x
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bluetooth Low Energy (BLE) IC Market Size Forecast by Applications
13.10.1 Healthcare
13.10.2 Beacons
13.10.3 Smart Home
13.10.4 Automotive
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bluetooth Low Energy (BLE) IC Market: Competitive Dashboard
14.2 Global Bluetooth Low Energy (BLE) IC Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nordic
14.3.2 TI
14.3.3 Dialog
14.3.4 Cypress
14.3.5 Silabs
14.3.6 Microchip
14.3.7 Toshiba
14.3.8 STMicroelectronics
14.3.9 NXP
14.3.10 Realtek
14.3.11 Nordic
14.3.12 Renesas
14.3.13 Telink
14.3.14 LAPIS Semiconductor
