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You are here:Home >Electronics_Engineer>Market Value Of Smart Chip For Bluetooth to Exceed 55%

Market Value Of Smart Chip For Bluetooth to Exceed 55%

Source:hqew.net Author:Caroline Date:2013-11-01 09:27
The global market for Bluetooth Smart integrated circuits (IC) that enable low-power wireless pairing of devices is set for remarkable chipgrowth in the next five years, with shipments expected to rise
The global market for Bluetooth Smart integrated circuits (IC) that enable low-power wireless pairing of devices is set for remarkable chip growth in the next five years, with shipments expected to rise nearly tenfold during the period chip. Worldwide annual shipments of Bluetooth Smart IC will surge to almost 300 million units in 2018, up from just over 30 million projected at the close of 2013, for a five-year compound annual growth rate of more than 55 percent. This year alone, shipments will grow nearly 250 percent from 9 million units last year, and volumes in 2013 are expected to double by next year chip. 
Shipments are then forecast to cross the IC hundred-million-mark by 2015 chip, subsequently breaching the 200-million-unit threshold in another two years in 2017, as shown in the attached figure. To date sports and fitness applications have been the largest end market for Bluetooth Smart, supported by device suppliers and others. IC The chip are used in health and fitness monitoring devices such pedometers that can track heart rate and other vitals, and then show the results in displays, smartwatches or smartphones. Bluetooth Smart power consumption, which is significantly lower than Classic Bluetooth technology, is a significant asset, chip particularly IC in devices powered by non-rechargeable batteries.  
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