Though more commonly associated with audio streaming and wearable devices, Bluetooth® technology also plays a key role in large-scale device networks. Whether connecting smart home devices and electronic shelf labels in large retail environments or supporting condition monitoring and networked lighting control systems in industrial and commercial settings, Bluetooth Device Network solutions reliably and securely connect tens, hundreds, or thousands of devices within a network.

The recently released 2024 Bluetooth Market Update, developed in collaboration with ABI Research, outlines current trends as well as five-year forecasts for verticals supported by Bluetooth Device Networks. Below, are a few highlights from the annual report.

100 million bluetooth electronic shelf label devices are forecasted to ship by 2028

Bluetooth® Electronic Shelf Labels (ESL) have emerged as a new, high-volume market. ESLs provide always-accurate pricing, increased access to real-time promotions and product information, and a more gratifying and cohesive omnichannel experience. For retailers, they can streamline picking and fulfillment for click and collect shoppers while also accelerating shelf replenishments to optimize product availability on shelves and avoid missed sales.

115 cagr of bluetooth networked lighting control devices over the next five years

Bluetooth® Networked Lighting Control (NLC) is experiencing mainstream traction. The proliferation of LEDs, a desire for greater energy efficiency, faster deployment capabilities, and a higher-quality occupant experience are driving the demand for Bluetooth commercial NLC solutions.

675 million bluetooth smart home devices are expected to ship in 2024

Smart home devices continue to play a significant role in the market. Today, Bluetooth® technology is the radio of choice for commissioning in all smart home devices, making it the dominant radio in the smart home. Now, with its inclusion in the Matter standard, the role of Bluetooth technology in the smart home will remain unrivaled for years to come.

Learn more about Bluetooth Device Networks market forecasts and trends in the Bluetooth Market Update.

See the full report.

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FEATURED REPORT

2024 Bluetooth® Market Update

The 2024 Bluetooth® Market Update provides updated forecasts and trends in key Bluetooth solution areas and highlights Bluetooth use cases that will drive future growth.

SEE THE FULL REPORT

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