Global Bluetooth 5.0 Market Forecast to 2030

Emergen Research has recently added a new report titled Global Bluetooth 5.0 Market that provides an extensive analysis of the Bluetooth 5.0 market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Bluetooth 5.0 market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.

According to the most recent analysis by Emergen Research, the global market for Bluetooth 5.0 reached USD 3.45 billion in 2021 and is anticipated to grow at a revenue CAGR of 10.8% over the projected period. The primary element propelling market revenue growth is the increase in demand for linked wearables. As it significantly contributes to secure, trustworthy, and reliable IoT and wireless connectivity technology, Bluetooth 5.0 is gaining popularity. The demand for training, service, and support is increasing due to the fast development of connectivity technology. Additionally, compared to its predecessors, such as Bluetooth 4.2, it is significantly more capable of audio streaming.

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Research Report on the Bluetooth 5.0 Market Addresses the Following Key Questions:

• Who are the dominant players of the Bluetooth 5.0 market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Bluetooth 5.0 market?
• What are the key growth drivers and restraining factors of the Bluetooth 5.0 market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Bluetooth 5.0 market and its key segments?

Market Overview:

The report bifurcates the Bluetooth 5.0 market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

• Component Outlook (Revenue, USD Billion; 2019-2030)

  • Hardware
  • Software
  • Service

• Application Outlook (Revenue, USD Billion; 2019-2030)

  • Location Services
  • Device Networks
  • Data Transfer
  • Audio Streaming

• End-Use Outlook (Revenue, USD Billion; 2019-2030)

  • Automotive
  • Electronics
  • Retail and Logistics
  • Healthcare
  • Others

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Regional Landscape section of the Bluetooth 5.0 report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Bluetooth 5.0 market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Nordic Semiconductor, Texas Instruments, Silicon Labs, Microchip Technology Inc., NXP Semiconductors, STMicroelectronics, Infineon Technologies AG, Qualcomm Technologies, Inc., Renesas Electronics Corporation, Espressif Systems, Semiconductor Components Industries, LLC, and Atmosic Technologies

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