According to a market report by Lucintel, the future of the global bluetooth low energy IC market looks promising with opportunities in the BFSI, retail, and IT & telecommunication markets. The global bluetooth low energy IC market is expected to grow with a CAGR of 15.6% from 2025 to 2031. The major drivers for this market are the increasing adoption of smart devices, the rising demand for energy-efficient solutions, and the growing popularity of IoT applications.A more than 150-page report to understand trends, opportunity and forecast in bluetooth low energy IC market to 2031 by type (single-mode and dual-mode), application (consumer electronics, automotive, healthcare, smart home, industrial automation, and others), end use (BFSI, retail, IT & telecommunications, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, single-mode is expected to witness higher growth over the forecast period.
Within the end use category, BFSI is expected to witness the highest growth.
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In terms of region, North America is expected to witness the highest growth over the forecast period.
Qualcomm Inc., Nordic Semiconductor ASA, Texas Instruments Inc., NXP Semiconductors N.V., Broadcom Inc., STMicroelectronics N.V., Dialog Semiconductor PLC, Microchip Technology Inc., Cypress Semiconductor Corporation, Silicon Labs are the major suppliers in the bluetooth low energy IC market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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