The Bluetooth® community continues to expand the technology to solve new connectivity challenges while creating new market opportunities. After first addressing audio streaming, Bluetooth expanded into low-power data transfer. Now, Bluetooth technology is meeting the market demand for indoor location services and reliable, large-scale device networks. And, according to the newly released 2019 Bluetooth Market Update, each of these key solutions areas are expected to see significant growth over the next five years.

Audio Streaming

Stripping away the hassle of wires on headsets, speakers, and home entertainment devices, Bluetooth® technology has revolutionized wireless audio streaming. Even while Bluetooth innovation is expanding into new markets and use cases, Bluetooth wireless audio solutions are still on the rise with annual shipments expecting to see a 7% CAGR over the next five years. The recently released 2019 Bluetooth Market Update notes that 39% of all Bluetooth peripheral devices (not including phones, tablets, and PCs) shipped in 2023 will support audio streaming.

Data Transfer

The idea of a connected world, free from wires, is quickly becoming a reality. From fitness trackers and health & wellness monitors to toys and tools, millions of new Bluetooth® low-power, data-transferring devices free consumers from wires every year.

The wide application of Bluetooth technology shows us that anything can be a connected device. Annual shipments of simple data transfer solutions are forecasted to double from 690 million in 2018 to 1.3 billion in five years. According to the 2019 Bluetooth Market Update, data transfer will be the leading Bluetooth solution area by volume in 2023, surpassing even Bluetooth enabled audio streaming.

Data transfer will be the leading Bluetooth® solution area by volume in 2023.
ABI Research

The popularity of Bluetooth Low Energy for connecting data to applications and services is unquestioned. Anything can be a connected device, and more and more Bluetooth innovations are expanding beyond classification. By 2023, 14% of connected endpoints will fall outside traditional device category definitions, up from 7% in 2018.

Location Services

New advancements in Bluetooth technology are enabling powerful, low-cost indoor positioning and location services solutions. In fact, 300 million Bluetooth® tags are projected to ship each year by 2023.

Increasing demand for location services is powering a surge in Bluetooth wayfinding, asset tracking, and item finding solutions. By 2023, there will be 1.7 billion active handsets engaged in Bluetooth location services. With a 43% CAGR, location services is the fastest growing Bluetooth solution area.

Device Networks

The release of Bluetooth® mesh networking has paved the way for the creation of large-scale device networks capable of controlling, monitoring, and automating tens, hundreds, or thousands of devices in smart homes, smart buildings, smart factories, and smart cities around the globe. Forecasts predict that by 2023, there will be more than 360 million annual device network device shipments each year.

 

More Market Trends

The insights highlighted in this article are only a fraction of what you’ll find in the complete 2019 Bluetooth® Market Update. Updated forecasts in this year’s report not only reflect the expansion of Bluetooth technology across audio streaming, data transfer, locations services, and device network solutions but give you a look at trends in traditional and emerging markets, from smartphones to the smart building and beyond. 

For more on what analysts are predicting within Bluetooth markets and specific use cases, download the 2019 Bluetooth Market Update

FEATURED DOWNLOAD

Now Available: 2020 Bluetooth Market Update

The trends in the Bluetooth® Market Update highlight the direction of the Bluetooth member community and technology – including recent advancements in mesh networking and the introduction of LE Audio.

INSTANT DOWNLOAD

An Introduction to the Bluetooth LE Security Study Guide

My house has locking doors and windows, an alarm system, and several security cameras.…

9 Resources That Showcase the Realization of Bluetooth Networked Lighting Control in Large-Scale Commercial Environments

Earlier this year, we released an article that outlined how networked lighting control systems…

Highly Scalable & Reliable - The De-Centralized Approach to Lighting Controls

For many years the belief has been that lighting controls for buildings are complex…

Major Hearing Device Manufacturer Association Outlines the Benefits Bluetooth Audio Sharing Will Bring to Hearing Aid Users

The European Hearing Instrument Manufacturers Association (EHIMA) represents the major European hearing instrument manufacturers,…

Beneficial Retrofit: Discovering the Advantages of Upgrading Your Lighting Technology with Bluetooth® Mesh

Bluetooth® mesh technology already has a strong position in commercial lighting, bringing greater energy…

RTLS Provides Real-World ROI for Riverside Healthcare

In a recently released webcast, Erik Devine, chief information security officer at Riverside Healthcare,…

In Case You Missed It: New Bluetooth Healthcare Innovations

From networked lighting control in office buildings to asset tracking in commercial and industrial…

Audio Consumer Research Highlights Strong Demand for New Bluetooth Wireless Listening Experiences

Qualcomm Technologies recently published it’s 2021 State of Sound Report – a broad study…

IoT, BLE Enable Emergency Response to Cardiac Arrests

HeartHero’s mobile automated external defibrillator, which comes with NB-IoT, GPS and Bluetooth Low Energy,…

Bluetooth Range and Reliability: Myth vs Fact

As Bluetooth is becoming more and more ubiquitous in smart homes, buildings, and factories,…

The 2021 State of Sound Report

The State of Sound Report is an annual study featuring research insights based on…

Mobile Access Senior Living White Paper

How advanced access technologies are working to equip senior citizens, their communities and facilities…

Achieving Room-Level Medical Device Tracking Using Bluetooth Low Energy Solutions

For healthcare providers, improving quality of care, reducing costs, and increasing patient satisfaction are…

Disneyland Resort App Offers Even More Magic, More Convenience at Your Fingertips

Earlier this spring, the Disneyland Resort introduced a new online check-in service for our…

Bluetooth Low Energy Uses Phase Finding for Affordable RTLS Applications

Link Labs’ AirFinder Onsite solution provides low-cost indoor location, with BLE tags identifying where…

WiFi Or Bluetooth Beacons For Indoor Location?

We weigh the pros and cons of WiFi & Beacon technology for location-based services,…

Bluetooth® Core Specification Version 5.3 Feature Enhancements

Bluetooth® Core Specification version 5.3 includes several feature enhancements with the potential to improve…

SmartShepherd Improves Scalability For Their Smart Farming IoT Applications With Cassia’s Bluetooth Gateways

Learn how SmartShepherd partnered with Cassia Networks to enable real-time tracking and monitoring of…

2021 Bluetooth Market Update

Supported by updated forecasts from ABI Research and insights from several other analyst firms, the Bluetooth Market Update highlights the latest Bluetooth trends and forecasts.

How Bluetooth® Technology is Enabling Safe Return Strategies in a COVID-19 Era

This report shares insight into how Bluetooth® technology is being leveraged by organizations of all sizes to…

Designing and Developing Bluetooth® Internet Gateways

Learn about Bluetooth internet gateways, how to make them secure and scalable, and design and implement your own working prototype gateway and web application for use with either Bluetooth LE Peripherals or with Bluetooth mesh networks.

Reducing the Risk of COVID-19 Transmission

Learn how Philips partnered with Cassia Networks to help fight the spread of COVID-19…

Bluetooth Market Research Note - Assistive Hearables

Bluetooth Market Research Notes provide in-depth analysis of trends and forecasts highlighted in the…

POM Tracer Ensures Workplace Safety with Contact Tracing Solutions from Laird Connectivity

POM Tracer was looking to create an easy-to-implement product that would allow businesses and…

How to Deploy BlueZ on a Raspberry Pi Board as a Bluetooth Mesh Provisioner

This step-by-step study guide will teach you: How to rebuild the kernel on a…

The Bluetooth LE Security Study Guide

Learn about fundamental security concepts, the security features of Bluetooth Low Energy, and gain some hands-on experience using those features in device code.

Bluetooth Location Services

See 8 use cases for enhancing building efficiencies and creating a better visitor experience, discover new data that supports the latest trends and forecasts, and find out what’s driving the rapid adoption of location services solutions.

Overview – Bluetooth Technology

See how the global standard for simple, secure connection has expanded to meet the…

 Get Help