The “Worldwide Bluetooth Smart SoC Market report categories the Worldwide market by Device Type, Application and Geography” report provides a detailed overview of the major factors impacting the worldwide market with the market share analysis and revenues of various sub segments.
Bluetooth offers exchange of information over short range from mobile and fixed devices. It is a wireless technology developed as an alternative to data cables and it is wireless personal area network (WPAN) topology designed. Devices compatible with Classic Bluetooth (2.0 and 3.0) and Bluetooth 4.0 are identified as Bluetooth smart ready devices. Whereas, devices that supports Bluetooth 4.0 are recognized as Bluetooth smart devices.
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Furthermore, low power requirement is one of the chief factors for the adoption of Bluetooth smart technology. Presently, wireless sensors are implanted in many of the consumer wearable products and electronic gadgets. With the help of Bluetooth technology, these wireless sensors connects with each other. Therefore, development of smart wireless sensors is a significant driving factor to bolster the growth of Worldwide Bluetooth smart system-on-chip (SoC) market. Additionally, the users does not need to incur any extra costs as traditional Bluetooth Smart Ready products are only supported by Bluetooth enabled devices. Low cost coupled with low power requirements are the factors responsible for the increase in growth of Worldwide Bluetooth Smart SoC market. Increasing demand for tables, smartphones and other wearable devices are the key drivers for growth of Worldwide Bluetooth Smart SoC market.
With the increased adoption of Bluetooth and Bluetooth Smart enabled gadgets and accessories, a connected infrastructure for electronic gadgets has formed. However, Bluetooth lacks in transferring heavy data and has a low streaming capacity, as compared to Wi-Fi and near field communication. Low streaming capacity is a key factor that hinders the Worldwide Bluetooth Smart SoC growth. Also, privacy and security concerns regarding the use to Bluetooth technology can be a major challenge for the industry players.
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North America dominated the Worldwide Bluetooth Smart SoC market with the increased adoption of Bluetooth smart and Bluetooth smart ready products. Whereas, Asia Pacific is expected to witness fastest growth in the market with the rising penetration of smartphones that support Bluetooth.
Segmentations Covered in the Tooth Smart SoC Market
• Device Type : Bluetooth Smart, Bluetooth Smart Ready
• Application : Automotive, Healthcare, Building & Retail, Wearable Electronics, Consumer Electronics
• Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)
Some of the leading players in Tooth Smart SoC Market Report
• Bluegiga Technologies Oy
• Nordic Semiconductor ASA
• Qualcomm Inc.
• Dialog Semiconductor PLC
• Broadcom Corporation
• Texas Instruments Inc.
• Mediatek Inc.
• NXP Semiconductors
• Cypress Semiconductor Corporation
• CSR PLC
• Marvell Technology Group, Ltd.
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Reason to buy
• Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
• The key findings and recommendations highlight crucial progressive industry trends in the Bluetooth Smart SoC market, thereby allowing players across the value chain to develop effective long term strategies
• Get reliable information about the strategies manufacturers in this market use to drive revenue
• Gain insights into the competitive landscape, to strengthen market competitiveness and positioning
• Highlights key business priorities in order to assist companies to realign their business strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth Worldwide market trends and outlook coupled with the factors driving the market, as well as the those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition
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