The latest forecast of the Bluetooth market: In 2024, the total shipment of Bluetooth devices worldwide will reach 6.2 billion!

The number of Bluetooth SIG member companies worldwide will exceed 36,000. The Bluetooth community will continue to grow and expand its presence in the global market.



BEIJING, April 15, 2020 – The Bluetooth Special Interest Group (SIG) today released the 2020 Bluetooth Market Update . As Bluetooth technology continues to expand from a personal communication solution to a connectivity engine for commercial and industrial applications, this report reveals the key trends and forecasts for Bluetooth technology and the market over the next five years.
 
From wireless audio and wearables to location services and device networking solutions, Bluetooth SIG member companies continue to meet the needs of consumer, commercial and industrial markets. The 2020 Bluetooth Market Update reveals the growth and prospects of the Bluetooth SIG member community and the development trajectory of Bluetooth technology, including trends, statistics and forecasts for each major Bluetooth solution area:
 
Audio transmission – Bluetooth technology has brought a revolution to the audio experience by eliminating the hassle of connecting wires and has completely changed the way people communicate through multimedia. With the introduction of Low Energy Audio (LE Audio), Bluetooth technology will once again change the way audio is experienced and connect people to the world in unprecedented ways. By 2024, annual shipments of Bluetooth audio streaming devices are expected to reach 1.5 billion, up 40% from 2019.
 
Data Transfer – From home appliances and fitness trackers to health sensors and medical innovations, Bluetooth technology connects billions of everyday devices and enables countless inventions. By 2024, annual shipments of Bluetooth data streaming devices will reach 1.5 billion.
 
Location Services – Bluetooth is the technology of choice for developers creating proximity solutions for landmark information and item tracking, as well as positioning systems for asset tracking and navigation. By 2024, annual shipments of Bluetooth location services devices will reach 538 million, up fourfold from 2019.
 
Device Networking – With the number of certified Bluetooth mesh-related products doubling every six months and rapid adoption by innovators in home automation and commercial lighting, Bluetooth mesh has proven its suitability for creating control, monitoring and automation systems that enable hundreds or thousands of devices to communicate reliably and securely. By 2024, the annual shipment of Bluetooth device network devices will reach 892 million.
 
The report points out that the main trends in the traditional Bluetooth market include:
 
· Audio and entertainment - Through the transformation of Bluetooth audio, the Bluetooth audio market will show a huge growth trend in the future. It is expected that the shipment of Bluetooth audio and entertainment devices will reach 1.5 billion units in 2020 alone.
 
· Automobile - Solutions such as keyless unlocking systems, tire pressure monitoring and status alarms have become popular and innovative applications in the automotive field recently. These use cases are creating and increasing the demand for wireless sensors. It is expected that 4 to 6 Bluetooth sensors will be installed in each car in the future.
 
· Mobile phones, tablets and personal computers - By 2024, Bluetooth location services will cover more than 1.8 billion mobile phones, used for indoor navigation, object finding, landmark information and other solutions, and become an indispensable part of the smartphone experience.
 
· Connected devices - As location services have an increasing impact on daily life, the use of tags for object finding, personnel and pet tracking is also increasing. By 2024, the annual shipment of tags used for positioning and location services will increase by 3.4 times.
 
Mark Powell, CEO of Bluetooth SIG, said: "Every year, the Bluetooth SIG member community is committed to innovating and helping to shape new market trends. Thanks to the continuous efforts of global member companies, Bluetooth technology can play an important role in today's smart buildings, smart homes and smart cities markets. The introduction of low-power audio has accelerated the development of Bluetooth audio and entertainment solutions, further confirming the significant influence of Bluetooth technology on the development of market trends." The
 
"2020 Bluetooth Market Update" report also provides forecasts and data on Bluetooth in emerging markets, including expected growth in smart homes, smart cities, smart industries and smart buildings.
 
Click here to download the report for free .
 

About the Bluetooth SIG
The Bluetooth SIG was founded in 1998 as a non-profit industry association responsible for the development of Bluetooth® technology. With more than 35,000 member companies, the Bluetooth SIG is committed to fostering collaboration among members to create new and stronger standards. It also continues to drive the development of Bluetooth technology, develop a world-class product certification program to promote global interoperability, and further promote the Bluetooth brand by increasing awareness, understanding and adoption of Bluetooth technology. For more information, please visit: bluetooth.com.
 
About Bluetooth Technology
Bluetooth® is a global wireless standard that brings simple and secure connections to nearly 5 billion products shipped annually. Since its founding in 1998, the Bluetooth community has continued to expand Bluetooth capabilities, drive innovation, create new markets, and redefine global communications. Today, Bluetooth has become the wireless technology of choice for developers in many solution areas, including audio streaming, data transfer, location services and large-scale device networks. For more information, please visit: bluetooth.com.