Published Date : Aug 27, 2018
ALBANY, New York, Aug 27, 2018: A report recently added to the vast repository of MarketResearchReports.biz, titled, “Global Bluetooth Smart & Smart Ready Market Insights, Forecast to 2025,” discusses the market for such futuristic electronic gadgets. The Bluetooth available in the market these days are broadly classified into Bluetooth Smart and Bluetooth Smart Ready.
Bluetooth smart, also known as Bluetooth low energy, BLE, is a type of Bluetooth technology that can offer effective connectivity for many forms of small devices, especially those associated with IoT. Bluetooth Smart devices are essentially single-mode devices since they are incapable of communicating with classic Bluetooth devices. Unlike those, the Bluetooth Smart Ready devices are dual-mode since they are capable of communicating with both BLE devices and classic Bluetooth devices. Bluetooth Smart Ready devices, comprising of notebooks, smartphones, and tablets, can both receive and share Bluetooth signals from accessories, namely headphones, speakers, fitness accessories, and even medical tools such as electronic thermometers and heart-rate monitors.
The global Bluetooth Smart and Smart Ready market is predicted to soar owing to the numerous advantages of the product. Foremost among them is their ability to conserve power. In fact, Bluetooth Smart can run for years on end on standard coin-cell batteries. This means battery life will extend to a year. Besides, they cost less to install. Bluetooth Smart is meant for devices that may need to run of small batteries for protracted periods of time, while also being able to communicate with larger devices like smartphones or tablets.
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The global Bluetooth Smart and Smart Ready market is expected to gain a major fillip from the development of the wireless sensors which can interact with one another with the help of suitable technology such Bluetooth. Another factor pushing up growth in the global Bluetooth Smart and Smart Ready market is the proliferation of accessories and gadgets that support both Bluetooth and Bluetooth Ready technology. One of those is the wearables technology.
Based on applications, the global Bluetooth Smart and Smart Ready market can be classified into consumer electronics, automotive and transportation, medical and health, retail and location based services, home automation, and wearables, among others.
From a geographical standpoint, North America accounts for a leading share in the global Bluetooth Smart and Smart Ready market because of the numerous connected products and rapid uptake of IoT in almost every area. Increasing spending capacity of people and their interest in sophisticated products for use in day to day lives is also positively impacting the market in the region.
Some of the key players in the global Bluetooth Smart and Smart Ready market that have been profiled in the report are Qualcomm Technologies, Inc., Texas Instruments Incorporated, Murata Manufacturing Co., Ltd., Nordic Semiconductor ASA, Marvell Technology Group Ltd., and Microchip Technology Inc.
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