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BLE Module Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 145
  • SKU: IRTNTR73624
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The BLE module market share is expected to increase to USD 26.42 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 16.36%.

This BLE module market research report provides valuaBLE insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers BLE module market segmentation by application (computing devices, smart wearables, smart home appliances, and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The BLE module market report also offers information on several market vendors, including Adafruit Industries LLC, ASE Technology Holding Co. Ltd., Broadcom Inc., Hyper Tech, Infineon Technologies AG, InsightSIP, Laird Group, Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Panasonic Corp., Qualcomm Inc., Renesas Electronics Corp., Silicon Laboratories Inc., STMicroelectronics International NV, and Texas Instruments Inc. among others.

What will the BLE Module Market Size be During the Forecast Period?

BLE Module Market Size

Download the Free Report Sample to Unlock the BLE Module Market Size for the Forecast Period and Other Important Statistics

 

BLE Module Market: Key Drivers, Trends, and Challenges

The growth of the IoT market is notably driving the BLE module market growth, although factors such as increasing privacy concerns may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the BLE module industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key BLE Module Market Driver

The growth of the IoT market is one of the key drivers supporting the Bluetooth low energy (BLE) module market growth. Primarily, IoT is the latest trend in the global technology arena as it integrates various technologies, including data communication, hardware design, data storage, and mining. Several IoT device manufacturers have incorporated BLE modules in their devices. For instance, Apple iPhone 4S is the first device to be introduced with Bluetooth Smart support. Since then, all the company devices, including iPads, iPhones, MacBooks, and Apple TV, support BLE. Wearable devices, which are among the primary devices in the IoT ecosystem, have BLE modules. Thus, the increased applications of IoT are expected to drive the growth of the global BLE module market during the forecast period. 

Key BLE Module Market Trend

The advent of Bluetooth mesh is one of the key Bluetooth low energy (BLE) module market trends contributing to the market growth. The major drawback of Bluetooth 4.2 is that a device can only connect to 8-10 devices at a time. Also, it does not effectively transfer large amounts of data to IoT devices without meshing. On the other hand, with the use of the Bluetooth 4.2 standard in conjunction with hardware and software, a mesh network can support up to 50 or more devices while still enabling consumers to use their smartphones that are connected to audio speakers, headsets, and automobiles. In addition, some elements of this meshing connectivity are being standardized in the new Bluetooth 5 platform to enable easy cross-functional IoT control. Such developments may propel the Bluetooth low energy (BLE) module market growth during the forecast period.

Key BLE Module Market Challenge

Increasing privacy concerns is one of the factors hampering the Bluetooth low energy (BLE) module market growth. BLE is now finding applications in personal devices, such as mobile devices and wearables, and industrial devices. However, the highest levels of security standards are required in order to connect the physical world with the digital sphere and this needs to be done to minimize the impacts of cybersecurity hacks. On the other hand, most people lack assurance and are not 100% confident about integrating such technologies into their wearable devices, which is a major negating factor in the market. Thus, such threats to privacy may hamper the Bluetooth low energy (BLE) module market growth during the forecast period.

This Bluetooth low energy module market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionaBLE insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global Bluetooth low energy module market as a part of the global electronic components market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the Bluetooth low-energy module market during the forecast period.

Who are the Major BLE Module Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Adafruit Industries LLC
  • ASE Technology Holding Co. Ltd.
  • Broadcom Inc.
  • Hyper Tech
  • Infineon Technologies AG
  • InsightSIP
  • Laird Group
  • Microchip Technology Inc.
  • Murata Manufacturing Co. Ltd.
  • Nordic Semiconductor ASA
  • NXP Semiconductors NV
  • Panasonic Corp.
  • Qualcomm Inc.
  • Renesas Electronics Corp.
  • Silicon Laboratories Inc.
  • STMicroelectronics International NV
  • Texas Instruments Inc.

 

This statistical study of the BLE module market encompasses successful business strategies deployed by the key vendors. The BLE module market is fragmented and the vendors are deploying growth strategies such as Bluetooth standard provided, price, and applications to compete in the market.

Product Insights and News

  • Adafruit.com - The company offers BLE module such as Bluefruit LE UART Friend that makes it easy to add Bluetooth Low Energy connectivity to anything with a hardware or software serial port.
  • Broadcom.com - The company offers BCM4389 that is a low-power, highly integrated Wi-Fi 6E and Bluetooth 5 combo chip optimized for mobile handset applications where high performance, low power consumption, and small solution size are key requirements.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The Bluetooth low energy module market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

BLE Module Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the BLE module market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data availaBLE in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for BLE Module Market?

BLE Module Market Market segmentation by region

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53% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea are the key markets for BLE modules in APAC. Market growth in this region will be slower than the growth of the market in South America.

The increased demand for consumer electronics and smartphones will facilitate the BLE module market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic had a favorable influence on the BLE module market in this region in 2020. Furthermore, in 2021, the easing of lockdown restrictions owing to the large-scale vaccination drives conducted across the region, coupled with increased funding from the government for the development of IT infrastructure, has led to the resumption of operations across several manufacturing and construction projects. It has bloated further the demand for smart glasses across numerous industries, expecting to fuel the growth of the market in focus in this APAC during the forecast period.

What are the Revenue-generating Application Segments in the BLE Module Market?

BLE Module Market Segmentation

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The BLE module market share growth by the computing devices segment will be significant during the forecast period. Technological advances in computing devices have led to the wide-scale adoption of BLE modules. Moreover, Apple has been a pioneer in adopting BLE modules for its smartphones, such as iPhone 4S. Google Android was late in adopting BLE. Smartphones are among the devices that were quickly adopted by the masses. Almost 1.9 billion people own at least one smartphone. Thus, the global increase in smartphone penetration will positively impact the global BLE module market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the BLE module market size and actionaBLE market insights on post COVID-19 impact on each segment.

 

BLE Module Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 16.36%

Market growth 2022-2026

$ 26.42 billion

Market structure

Fragmented

YoY growth (%)

14.92

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 53%

Key consumer countries

US, China, Japan, South Korea, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Adafruit Industries LLC, ASE Technology Holding Co. Ltd., Broadcom Inc., Hyper Tech, Infineon Technologies AG, InsightSIP, Laird Group, Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Panasonic Corp., Qualcomm Inc., Renesas Electronics Corp., Silicon Laboratories Inc., STMicroelectronics International NV, and Texas Instruments Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this BLE Module Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive BLE module market growth during the next five years
  • Precise estimation of the BLE module market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the BLE module industry across APAC, North America, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of BLE module market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Computing devices - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Computing devices - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Computing devices - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Computing devices - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Computing devices - Year-over-year growth 2021-2026 (%)
    • 5.4 Smart wearables - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Smart wearables - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Smart wearables - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Smart wearables - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Smart wearables - Year-over-year growth 2021-2026 (%)
    • 5.5 Smart home appliances - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Smart home appliances - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Smart home appliances - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Smart home appliances - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Smart home appliances - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Application
      • Exhibit 44: Market opportunity by Application ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 South Korea - Market size and forecast 2021-2026
      • Exhibit 78: Chart on South Korea - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on South Korea - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on South Korea - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on South Korea - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Adafruit Industries LLC
              • Exhibit 97: Adafruit Industries LLC - Overview
              • Exhibit 98: Adafruit Industries LLC - Product / Service
              • Exhibit 99: Adafruit Industries LLC - Key offerings
            • 10.4 Broadcom Inc.
              • Exhibit 100: Broadcom Inc. - Overview
              • Exhibit 101: Broadcom Inc. - Business segments
              • Exhibit 102: Broadcom Inc. - Key news
              • Exhibit 103: Broadcom Inc. - Key offerings
              • Exhibit 104: Broadcom Inc. - Segment focus
            • 10.5 Infineon Technologies AG
              • Exhibit 105: Infineon Technologies AG - Overview
              • Exhibit 106: Infineon Technologies AG - Business segments
              • Exhibit 107: Infineon Technologies AG - Key news
              • Exhibit 108: Infineon Technologies AG - Key offerings
              • Exhibit 109: Infineon Technologies AG - Segment focus
            • 10.6 Murata Manufacturing Co. Ltd.
              • Exhibit 110: Murata Manufacturing Co. Ltd. - Overview
              • Exhibit 111: Murata Manufacturing Co. Ltd. - Business segments
              • Exhibit 112: Murata Manufacturing Co. Ltd. - Key news
              • Exhibit 113: Murata Manufacturing Co. Ltd. - Key offerings
              • Exhibit 114: Murata Manufacturing Co. Ltd. - Segment focus
            • 10.7 Nordic Semiconductor ASA
              • Exhibit 115: Nordic Semiconductor ASA - Overview
              • Exhibit 116: Nordic Semiconductor ASA - Business segments
              • Exhibit 117: Nordic Semiconductor ASA - Key offerings
              • Exhibit 118: Nordic Semiconductor ASA - Segment focus
            • 10.8 NXP Semiconductors NV
              • Exhibit 119: NXP Semiconductors NV - Overview
              • Exhibit 120: NXP Semiconductors NV - Product / Service
              • Exhibit 121: NXP Semiconductors NV - Key news
              • Exhibit 122: NXP Semiconductors NV - Key offerings
            • 10.9 Qualcomm Inc.
              • Exhibit 123: Qualcomm Inc. - Overview
              • Exhibit 124: Qualcomm Inc. - Business segments
              • Exhibit 125: Qualcomm Inc. - Key news
              • Exhibit 126: Qualcomm Inc. - Key offerings
              • Exhibit 127: Qualcomm Inc. - Segment focus
            • 10.10 Renesas Electronics Corp.
              • Exhibit 128: Renesas Electronics Corp. - Overview
              • Exhibit 129: Renesas Electronics Corp. - Business segments
              • Exhibit 130: Renesas Electronics Corp. - Key offerings
              • Exhibit 131: Renesas Electronics Corp. - Segment focus
            • 10.11 STMicroelectronics International NV
              • Exhibit 132: STMicroelectronics International NV - Overview
              • Exhibit 133: STMicroelectronics International NV - Business segments
              • Exhibit 134: STMicroelectronics International NV - Key news
              • Exhibit 135: STMicroelectronics International NV - Key offerings
              • Exhibit 136: STMicroelectronics International NV - Segment focus
            • 10.12 Texas Instruments Inc.
              • Exhibit 137: Texas Instruments Inc. - Overview
              • Exhibit 138: Texas Instruments Inc. - Business segments
              • Exhibit 139: Texas Instruments Inc. - Key news
              • Exhibit 140: Texas Instruments Inc. - Key offerings
              • Exhibit 141: Texas Instruments Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 142: Inclusions checklist
                • Exhibit 143: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 144: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 145: Research methodology
                • Exhibit 146: Validation techniques employed for market sizing
                • Exhibit 147: Information sources
              • 11.5 List of abbreviations
                • Exhibit 148: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
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              BLE Module Market market growth will increase by $26.42 bn during 2022-2026.
              The ble module market market is expected to grow at a CAGR of 16.36% during 2022-2026.
              Technavio has segmented the ble module market market by application (Computing devices, Smart wearables, Smart home appliances, and Others) and geography (APAC, North America, Europe, Middle East and Africa, and South America).
              Adafruit Industries LLC, ASE Technology Holding Co. Ltd., Broadcom Inc., Hyper Tech, Infineon Technologies AG, InsightSIP, Laird Group, Microchip Technology Inc., Murata Manufacturing Co. Ltd., Nordic Semiconductor ASA, NXP Semiconductors NV, Panasonic Corp., Qualcomm Inc., Renesas Electronics Corp., Silicon Laboratories Inc., STMicroelectronics International NV, Texas Instruments Inc. are a few of the key vendors in the ble module market market.
              APAC will register the highest growth rate of 53% among the other regions. Therefore, the ble module market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the ble module market market growth are:
              • Growth of the IoT market
              • Advent of Bluetooth mesh
              The ble module market market vendors should focus on grabbing business opportunities from the computing devices segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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