A Quick View of Different Flavours of Bluetooth: Which One to Choose Bluetooth Smart VS Bluetooth Smart Ready?
The rising need for embedded and wireless connectivity in most electronic gadgets and consumer wearables products is an upsurge in demand for Bluetooth, which anticipates the growth of Bluetooth smart and smart ready market. Further, the rapid growth in IoT applications and the increasing demand for consumer electronics such as smartphones, tablets, smart TV, laptops, and PCs are the key driving factor for the growth of Bluetooth smart and smart ready market during the forecast period.
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The growing demand for simple, secure, power-efficient, low-cost carriers is considered the major factors driving the market growth for the Bluetooth smart and smart ready market. However, factors such as privacy & security concerns and weak data streaming capabilities are the key hindering factor for the Bluetooth smart and smart ready market growth over the forecast period. Further, the Bluetooth Low Energy (BLE) technology is evolving as a scalable, low-power wireless networking technology. This development is expected to offer lucrative growth opportunities in building automation, lighting, beacons, retail, and location-based applications. Thus, fueling the demand for Bluetooth smart and smart ready market.
The List of Companies
1. Broadcom Inc.
2. Cypress Semiconductor Corporation
3. Dialog Semiconductor PLC
4. Marvell Technology Group Ltd.
5. Microchip Technology Inc.
6. Murata Manufacturing Co., Ltd.
7. Nordic Semiconductor ASA
8. Qualcomm Technologies, Inc.
9. Renesas Electronics Corporation
10. Texas Instruments Incorporated
Global Bluetooth Smart and Smart Ready Market Analysis to 2027 is a specialized and in-depth study of the Bluetooth smart and smart ready industry with a special focus on the global market trend analysis. The report aims to provide an overview Bluetooth smart and smart ready market with detailed market segmentation as technology, application, and geography. The global Bluetooth smart and smart ready market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Bluetooth smart and smart ready market players and offers key trends and opportunities in the Bluetooth smart and smart ready market.
Text sources: The Insight Partners