Industry Background:
The global mobile phone Bluetooth market is expected to witness high growth due to dominant in the game controllers with TV remote. Bluetooth is a wireless technology that uses a radio frequency to share data over a short distance, eliminating the need for wires. The Mobile Phone Bluetooth is very useful due to convenient features including proximity detection for automatic locking and unlocking, custom seat positioning, and the transfer of virtual keys to additional drivers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Murata (Japan), Qualcomm (United States), Intel (United States), Broadcom (United States), Panasonic (Japan), Texas Instruments (United States), Fujitsu (Japan), Hosiden (Japan), STMicroelectronics (Switzerland) and Laird (United Kingdom) |
According to AMA, the market for Mobile Phone Bluetooth is expected to register a CAGR of 11.0% during the forecast period to 2030. This growth is primarily driven by High Adoption of Smarts Phones across the World and Rapid Adoption of Bluetooth 5 in Smartphones.
Globally, a noticeable market trend is evident The Rising Demand due to features such as Data Transfer, Location Service, Audio Streaming
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Murata (Japan), Qualcomm (United States), Intel (United States), Broadcom (United States), Panasonic (Japan), Texas Instruments (United States), Fujitsu (Japan), Hosiden (Japan), STMicroelectronics (Switzerland) and Laird (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Key Developments in the Market:
In January 2020, Synopsys collaborated with Fraunhofer Institute for Integrated Circuits that release an implementation of the next-generation Bluetooth LE Audio Low Complexity Communication Codec (LC3). The LE Audio Codec delivers high-quality audio and voice playback in battery-powered devices incorporating ARC EM and HS DSP processors.
In February 2024, BBK Group, China's largest mobile phone manufacturer, reportedly entered into a strategic collaboration with Indian manufacturers Dixon Technologies and Karbonn Group to bolster the production of its popular bluetooth smartphone brands — Oppo, Vivo, and Realme.
Influencing Trend:
The Rising Demand due to features such as Data Transfer, Location Service, Audio Streaming and Growing Demand due to Smart Industry
Market Growth Drivers:
High Adoption of Smarts Phones across the World and Rapid Adoption of Bluetooth 5 in Smartphones
Challenges:
Technological Complexity in the Smartphone Bluetooth
Restraints:
High Competition from Major Players
Opportunities:
The Innovation in IoT in the Bluetooth Technology and Technological Innovation in the Mobile Bluetooth
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Mobile Phone Bluetooth Market
- Analysis about New Entrants in Mobile Phone Bluetooth Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Mobile Phone Bluetooth Study Sheds Light on
The Mobile Phone Bluetooth Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Mobile Phone Bluetooth industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Mobile Phone Bluetooth industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.