Low Energy Consumption in Bluetooth Smart Devices to Uplift the IoT Applications
According to a new report published by Reports Monitor titled, “Global Bluetooth Smart and Smart Ready Market Innovation, Growth and Forecast, 2017-2025,” the Bluetooth Smart and Smart Ready market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Bluetooth smart and smart ready is the technology developed by Bluetooth Special Interest Group. The major focus was to develop Bluetooth technology with lower energy drains and increased the life time of the product. This technological advantage makes it possible to integrate with the IoT based applications. Bluetooth smart ready acts as a central hub and controls the operation by enabling dual mode communications. Bluetooth Smart devices senses the physical data and transmits it in the form of small bits thereby consuming lesser amount of energy.
The Global Bluetooth Smart and Smart Ready Market Professional Survey Report scrutinize the present scenario and the future growth prospects of the Industry. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth and detailed analysis along with important inputs from the various industry experts.
Continuous Research and development in IoT has led to the development of application specific products and services thereby enabling the growth of Bluetooth smart and smart ready market. Increase in the adoption of consumer electronics in the sectors such as healthcare, automotive and others has resulted in raising the market growth. The Bluetooth smart technology possess the drawback such as it is not a preferable option for handling High definition videos and huge data, thus low data streaming capacity forms the major factor in hampering the market growth.
The regional analysis of electronic skin market includes: North America, Europe, Asia-Pacific and Latin America, Middle East and Africa. Presence of the prominent players has resulted into the innovation in wearable products; hence North America is expected to dominate the market in the forecast period while increase in the number of mobile users has enabled the Asia Pacific to emerge as fastest growing region.
The major companies profiled in the report include Nordic Semiconductor ASA; Murata Manufacturing Co., Ltd.; Microchip Technology Inc.; Marvell Technology Group Ltd.; Dialog Semiconductor; Cypress Semiconductor Corporation; CEVA, Inc.; and Broadcom.
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