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Bluetooth Smart and Smart Ready Market 2017 by Technology, Application, and Geography - Global Forecast to 2023 - Growth of Wearable Devices and App-cessories - Research and MarketsResearch and Markets has announced the addition of the "Bluetooth Smart and Smart Ready Market by Technology (Bluetooth Smart, Smart Ready, and Bluetooth 5.0), Application (Automotive, Consumer Electronics, Wearable Electronics, Healthcare, Building & Retail), and Geography - Global Forecast to 2023" report to their offering. The Bluetooth Smart and Smart Ready market, in terms of value, is expected to grow at a CAGR of 2.23% between 2017 and 2023, to reach USD 5.34 billion by 2023 from USD 4.55 billion in 2016. The Bluetooth Smart and Smart Ready market is mainly driven by the following factors: rising demand for Bluetooth Smart and Smart Ready in consumer electronics, and growing application arena across industries such as medical devices, automotive, wearable electronics, and building and retail. However, low data streaming capacity of Bluetooth Smart and Smart Ready is a restraint for the market. App-cessories are hardware devices that interact with an app on smartphones or tablets through Bluetooth to perform a specific function. BLE has become the connectivity standard for these devices. Bluetooth Smart and Smart Ready solutions are prominently used in many app-cessories, such as weight scales, toys, camera triggers, basketballs, and child proximity sensors. Currently, any start-ups are emerging with new apps that can control a specific device. The market of apps is ever increasing and is triggered by the demand for smartphones and these apps. APAC is expected to hold the largest share of the Bluetooth Smart and Smart Ready market by 2023. It holds a tremendous potential for the market in the coming future owing to the developing economies such as China and India, which have a huge potential for the application of IoT, one of the key growth sectors for the Bluetooth Smart technology. Also, increasing demand for smartphones and PC peripherals, coupled with the realization of huge benefits of improved lifestyle, is driving the BLE market in APAC. Moreover, the APAC region accounts for the largest number of smartphone, tablet, and desktop users in the world, with India being the fastest-growing country. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Bluetooth Smart and Smart Ready, By Technology 8 Bluetooth Smart and Smart Ready, By Application 9 Geographic Analysis 10 Competitive Landscape 11 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/nhfkdt/bluetooth_smart
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