Global BLE Module Market 2018-2022

The global BLE module market size will grow by USD 14.76 billion during 2018-2022. This report offers an analysis of the market based on application (computing devices, smart wearables, smart home appliances and others) by technology (single-mode BLE modules and dual-mode BLE modules) and geography (the Americas, APAC and EMEA). The BLE module market research report further analyzes the market’s competitive landscape and offers information on several companies including Nordic Semiconductor, Qualcomm Technologies, NXP Semiconductors, STMicroelectronics and Texas Instruments.

Below are some of the key findings from the BLE module market research report

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Global BLE module industry overview

Increasing digital literacy and accelerating the growth of the Internet of Things (IoT) market are the major factors driving the BLE module market growth. IoT is concerned with capturing data from surrounding stimuli and enabling communication between people and machines. The rising focus on the connected environment has resulted in IoT being one of the most rapidly growing markets. IoT devices collect data through sensors and actuators and transmit the information to a centralized location on a real-time basis, enabling end users to make informed decisions. IoT connects a device to other devices using a wireless network like BLE. As a result, the continuous rise in the adoption of IoT is expected to spur the demand for BLE module during the forecast period.

The growing number of applications for BLE modules is one of the key BLE module market trends gaining traction in the market. Some of the common applications of BLE modules include consumer electronics, building and industrial automation, medical and assisted living. Vendors are expected to offer BLE modules for a variety of new applications during the forecast period resulting in the BLE module market to grow at a CAGR of almost 17% during the forecast period.

Top BLE module companies covered in this market research report

The BLE module market is highly fragmented. To gain competitive advantage, the players in the low-cost Bluetooth module market are increasingly focused on expanding their product portfolio across the globe. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this BLE module industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Nordic Semiconductor
• Qualcomm Technologies
• NXP Semiconductors
• STMicroelectronics
• Texas Instruments

BLE module market segmentation based on geographic regions

• Americas
• APAC
• EMEA

Global BLE module market analysis reveals that the APAC region will lead the BLE module market share and account for the highest BLE module market growth throughout the forecast period.

BLE module market segmentation based on applications

• Computing devices
• Smart wearables
• Smart home appliances
• Others

The computing devices application segment will lead the BLE module market share while smartphone applications will account for the highest BLE module market growth. Additionally, the report also provides an accurate prediction of the contribution of the various application segments to the growth of the BLE module market size.

Key highlights of the global BLE module market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the BLE module market during the next five years
• Precise estimation of the global 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 the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of BLE module companies

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