Skip to main content

Market Opportunities for Bluetooth Wireless Technology

Bluetooth wireless technology is a leading short-range wireless communication standard that enables a broad array of electronic devices to connect.

The technology continues to evolve and expand, taking advantage of the desirable attributes it possesses: a small-form factor radio, low power, low cost, built-in security, robustness, ease-of-use, and ad-hoc networking abilities.

According to the latest market study by In-Stat, they are forecasting continued success, with expected Bluetooth-enabled device shipments to exceed 2 billion in 2013.

“Bluetooth continues to gain design wins over a wide range of applications, with Bluetooth device shipments increasing by 23 percent between 2009 and 2010,” says Brian O’Rourke, Research Director at In-Stat.

Bluetooth has been bolstered in the past year by the emergence of two new standards. Bluetooth 3.0 + High Speed (HS) combines classic Bluetooth and Wi-Fi to transmit large data files and Bluetooth 4.0 -- which offers much lower power consumption than classic Bluetooth and targets medical and fitness devices, as well as PCs and mobile phones.

In-Stat's latest market study insights include:
  • Classic Bluetooth will remain the leading BT interface throughout the forecast period.
  • Bluetooth 3.0 + High Speed is a software-only solution that allows Bluetooth and Wi-Fi to work together.
  • Bluetooth 4.0 primarily targets new BT markets: medical, fitness, and security devices.
  • Bluetooth 4.0 + High Speed option expected to hit the market in mobile phones by the end of 2011.
  • Automotive BT is now a common option in mid-priced sedans.

Popular posts from this blog

Global Rise of Domestic Payment Ecosystems

Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...