Bluetooth 5.0 Market By Offering, By Organization Size, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: BLUETOOTH 5.0 MARKET, BY OFFERING
4.1 Overview
4.1.1 Market size and forecast
4.2 Hardware
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Software
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Services
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: BLUETOOTH 5.0 MARKET, BY ORGANIZATION SIZE
5.1 Overview
5.1.1 Market size and forecast
5.2 SMEs
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Large Enterprises
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: BLUETOOTH 5.0 MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Audio Streaming
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Data Transfer
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Location Services
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5 Device Networks
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country

CHAPTER 7: BLUETOOTH 5.0 MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Offering
7.2.3 North America Market size and forecast, by Organization Size
7.2.4 North America Market size and forecast, by Application
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Offering
7.2.5.1.3 Market size and forecast, by Organization Size
7.2.5.1.4 Market size and forecast, by Application
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Offering
7.2.5.2.3 Market size and forecast, by Organization Size
7.2.5.2.4 Market size and forecast, by Application
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Offering
7.3.3 Europe Market size and forecast, by Organization Size
7.3.4 Europe Market size and forecast, by Application
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Offering
7.3.5.1.3 Market size and forecast, by Organization Size
7.3.5.1.4 Market size and forecast, by Application
7.3.5.2 Italy
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Offering
7.3.5.2.3 Market size and forecast, by Organization Size
7.3.5.2.4 Market size and forecast, by Application
7.3.5.3 France
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Offering
7.3.5.3.3 Market size and forecast, by Organization Size
7.3.5.3.4 Market size and forecast, by Application
7.3.5.4 Spain
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Offering
7.3.5.4.3 Market size and forecast, by Organization Size
7.3.5.4.4 Market size and forecast, by Application
7.3.5.5 UK
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Offering
7.3.5.5.3 Market size and forecast, by Organization Size
7.3.5.5.4 Market size and forecast, by Application
7.3.5.6 Rest of Europe
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Offering
7.3.5.6.3 Market size and forecast, by Organization Size
7.3.5.6.4 Market size and forecast, by Application
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Offering
7.4.3 Asia-Pacific Market size and forecast, by Organization Size
7.4.4 Asia-Pacific Market size and forecast, by Application
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Offering
7.4.5.1.3 Market size and forecast, by Organization Size
7.4.5.1.4 Market size and forecast, by Application
7.4.5.2 Japan
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Offering
7.4.5.2.3 Market size and forecast, by Organization Size
7.4.5.2.4 Market size and forecast, by Application
7.4.5.3 India
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Offering
7.4.5.3.3 Market size and forecast, by Organization Size
7.4.5.3.4 Market size and forecast, by Application
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Offering
7.4.5.4.3 Market size and forecast, by Organization Size
7.4.5.4.4 Market size and forecast, by Application
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Offering
7.4.5.5.3 Market size and forecast, by Organization Size
7.4.5.5.4 Market size and forecast, by Application
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Offering
7.5.3 LAMEA Market size and forecast, by Organization Size
7.5.4 LAMEA Market size and forecast, by Application
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Offering
7.5.5.1.3 Market size and forecast, by Organization Size
7.5.5.1.4 Market size and forecast, by Application
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Offering
7.5.5.2.3 Market size and forecast, by Organization Size
7.5.5.2.4 Market size and forecast, by Application
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Offering
7.5.5.3.3 Market size and forecast, by Organization Size
7.5.5.3.4 Market size and forecast, by Application

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Broadcom Inc.,
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Infineon Technologies AG
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Microchip Technology Inc.
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Nordic Semiconductor
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 NXP Semiconductors
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Qualcomm Technologies, Inc.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Realtek Semiconductor Corp
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Silicon Laboratories, Inc.,
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 STMicroelectronics
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Texas Instruments Incorporated
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Bluetooth 5.0 Market,' The bluetooth 5.0 market was valued at $4.2 billion in 2021, and is estimated to reach $11.7 billion by 2031, growing at a CAGR of 10.9% from 2022 to 2031.

Bluetooth 5.0 is the latest version of the short-range wireless standards for audio connectivity. Compared to the previous version, it quadruples the wireless range, doubles speed, and increases the bandwidth to allow for broadcasting to two wireless devices at once. Bluetooth 5.0 hardware consists of SoC components; RF components; development boards; and sensors and controls. An increase in demand for reliable, secure, and high-speed wireless connectivity technology has led to more opportunities in Bluetooth 5.0 technology solutions, resulting in the development of use cases of a wide range.

Key factors driving the growth of the Bluetooth 5.0 market include a rise in industrial activities, increasing demand for audio devices, automotive entertainment, and diagnostic devices, and Growing dependency on Dual audio streaming. Wireless connectivity is a common notion shared amongst the improved version of Bluetooth. The latest Bluetooth 5.0 technology is no exception as it excels in wireless connectivity. However, this time it has leveled its game up a notch. In the previous versions of Bluetooth, it was possible to connect the device with a wireless headphone and now one can connect two wireless headphones simultaneously to the same device. As dual audio allows to send of media audio to two different Bluetooth devices at once it increases the demand for an enhanced version of Bluetooth such as Bluetooth 5.0 to pair two pairs of headphones at one time and also share it between two different sets of Bluetooth speakers as well.

The market also offers growth opportunities to the key players in the market. For instance, in January 2021, Broadcom Inc., launched the BCM4389 chip partnering with Samsung Electronics to enhance the features of the Samsung Galaxy S21 Ultra. The BCM4389 is a smartphone combo chip. The key features include support for 2 streams of Wi-Fi 6E; multi-Radio Bluetooth 5.0 with an antenna Bluetooth 5.0 excels in ways that highlight its efficacy incompatible features. Bluetooth allows devices to communicate wirelessly. And while this primary function has remained the same, the technology itself has witnessed many enhancements. Bluetooth 5.0 alone has three new versions, given the developments between 2019 and 2021.

The global Bluetooth 5.0 market research is segmented into offerings, organization size, application, and regions. Based on components, the market is bifurcated into hardware, software, and services. By organization size, it is divided into large enterprises and small & medium-sized enterprises (SMEs). Based on the deployment the market is segmented into cloud and on-premises. Based on application, the market is segmented into audio streaming, data transfer, location services, and device networks Region-wise, the Bluetooth 5.0 market trends are analyzed across North America (the U.S. and Canada), Europe (Germany, Italy, France, Spain, UK, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The key players profiled in the study include Broadcom Inc., Infineon Technologies AG, Microchip Technology Inc., Nordic Semiconductor, NXP Semiconductors, Qualcomm Technologies, Inc., Realtek Semiconductor Corp., Silicon Laboratories, Inc., STMicroelectronics and Texas Instruments Incorporated. Product launch is the most adopted strategy by the players. Top winning strategies are analyzed by performing a thorough study of the leading players in the Bluetooth 5.0 market. A comprehensive analysis of recent developments and growth curves of various companies helps to understand the growth strategies adopted by them and their potential effect on the market.

Key Market Insights

By offerings, the hardware segment was the highest revenue contributor to the market, with a CAGR of 5.8% with a CAGR of 10.9%. However, the services segment is estimated to be the fastest-growing segment with a CAGR of 11.3% during the forecast period.

By organization size, the large enterprise segment was the highest revenue contributor to the market, with a CAGR of 10.3%. However, the SME segment is expected to be the moderately -growing segment during the Bluetooth 5.0 market forecast.

Based on application, the data transfer and device networks segments collectively accounted for around 61.8% market share in 2021, with the former constituting around 36.2% share. The audio streaming and data transfer segments are expected to witness considerable CAGRs of 12.4% and 11.3%, respectively, during the forecast period.

Based on region, Asia-Pacific and Europe collectively accounted for around 64.6% share in 2021, with the former constituting around 38.9% share. Asia-Pacific and North America are expected to witness considerable CAGRs of 11.8% and 10.9%, respectively, during the forecast period.

Companies Mentioned

• Broadcom Inc.
• Infineon Technologies AG
• Microchip Technology Inc.
• Nordic Semiconductor
• Nxp Semiconductors
• Qualcomm Technologies, Inc.
• Realtek Semiconductor Corp
• Silicon Laboratories, Inc.
• Stmicroelectronics
• Texas Instruments Incorporated

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.