The Future of Bluetooth And How It’s Going to Change the Smartphone Industry: Report

Bluetooth

The Future of Bluetooth And How It’s Going to Change the Smartphone Industry: Report

In a bid to help global IoT decision makers stay up to date on the role Bluetooth technology can play in their technical roadmaps and markets, Bluetooth Special Interest Group Inc. (SIG) has come up with a Bluetooth Market Update.

The official market update report contains interesting projections about the growing state of various Bluetooth markets, from automotive to smart home. According to the report, 9 out of 10 speakers will ship with Bluetooth functionality by 2023. Also, 50 percent of headphones sold today is Bluetooth equipped. The tipping point into a world where wireless audio makes up the majority is imminent.

The report also talks about how Bluetooth Low Energy is the common thread across IoT. As Bluetooth Low Energy continues its rapid growth, it provides a common thread in combo chips, powering connectivity across multiple wireless technologies. It also states that simple data transfer solutions are forecasted to double from 690 million shipped annually in 2018 to 1.3 billion annual shipments in 2023.

Increasing demand for location services is also powering a surge in Bluetooth wayfinding, asset tracking, and item finding solutions. By2023, there will be 1.7 billion active handsets engaged in Bluetooth location services. Moreover, Bluetooth location services in airports, stadiums, hospitals, retail malls, tourism centres, and museums will transform how visitors interact with a smart city.

Read the full report here: https://www.bluetooth.com/wp-content/uploads/2018/04/2019-Bluetooth-Market-Update.pdf

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