For more than 20 years, the Bluetooth® member community has met the evolving needs of new consumer, commercial, and industrial markets — from wireless audio and wearable devices to location services and automation solutions. And, according to the latest trends and forecasts, Bluetooth technology shows no signs of slowing down.
ABI Research predicts that more than 5.4 billion Bluetooth enabled devices will ship each year by 2023. That’s an eight percent CAGR over the next five years.
New Wireless Trends
The 2019 Bluetooth® Market Update is intended to help global IoT decision makers stay up-to-date on the role Bluetooth technology can play in their technical roadmaps and markets. Supported by updated forecasts from ABI Research and insights from several other analyst firms, the report examines:
- The growth and health of the Bluetooth SIG member community
- Trends and forecasts for each of the key Bluetooth solution areas
- New trends in traditional Bluetooth markets as well as forecasts in emerging markets in which Bluetooth technology is taking on an expanded role
The trends in the 2019 Bluetooth Market Update highlight the direction of the Bluetooth member community and technology as Bluetooth continues its expansion from a personal communications solution to a commercial and industrial-grade connectivity engine.
Key Markets Choose Blue
Thanks to the ongoing efforts of devoted member companies, Bluetooth® technology is securing its place in tomorrow’s smart buildings, smart homes, and smart cities. Key market leaders are making the strategic choice to integrate Bluetooth mesh networking into their home and commercial automation solutions. And recent advancements in Bluetooth location services are further solidifying the role of Bluetooth innovation in new markets.
Download the 2019 Bluetooth Market Update, and see how Bluetooth technology is impacting new and existing markets.