A well-known and popular solution for audio streaming and wearable devices, Bluetooth® technology is now widely used as a device positioning technology to address the increasing demand for high-accuracy location services. By enabling one Bluetooth device to determine the presence, distance, and direction of another device, Bluetooth technology delivers flexibility unlike any other positioning radio, allowing building managers and owners to scale indoor positioning solutions to match the varying and changing needs of the building.
Recently released, the 2024 Bluetooth Market Update, developed in collaboration with ABI Research, outlines current trends as well as five-year forecasts for use cases supported by Bluetooth Location Services solutions. Below, are a few highlights from the annual report.
Demand for greater supply chain visibility is driving growth in Bluetooth® Asset Tracking. As vendor demand for real-time location tracking as well as end-to-end visibility of all products rise, industries such as pharmaceutical and food are looking to technologies like Bluetooth to support integrated solutions.
Bluetooth® technology is playing an important role in automotive access control. Increasing recognition and acceptance of digital keys are driving demand for more access and control capabilities in smartphones. Bluetooth based fobs not only lock and unlock doors but also bring more convenience to drivers.
Annual shipments for personal item finding solutions continue to grow. Higher accuracy and increased demand for personal item finding and device tracking solutions are driving wider use of Bluetooth® item finding innovations, resulting in a 4x growth in annual shipments by 2028.
Learn more about Bluetooth Location Services market forecasts and trends in the Bluetooth Market Update.
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.
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