What is Computer Bluetooth Modules Market?
A computer Bluetooth module is a piece of hardware that allows Bluetooth to work. A Bluetooth device is also a wireless device that allows for wireless communication. These modules are used for short-distance connections and point-to-point connections. Also, the distance varies depending on the Bluetooth version, with the more recent version having a longer range. Bluetooth interfaces are commonly used in mobile devices.Bluetooth technologies are used in a variety of electronic devices, including phones, laptops, headphones, and other accessories. Bluetooth can be switched off and on using a shortcut key on computers. When it is not in operation for a certain period of time, it is often switched off automatically. Since it offers a wireless link that allows for easy use, the demand for Bluetooth devices is increasing, which is propelling the market forward.
The market study is being classified by Type (Bluetooth Low Energy (BLE) Modules, Dual-mode Bluetooth Modules and Classic Bluetooth Modules), by Application (Laptop and Desktop computers) and major geographies with country level break-up.
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) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Taiyo Yuden (Japan), Cypress Semiconductor (United States), Microchip Technology (United States) and Silicon Labs (United States).
The market of computer Bluetooth module consists of major players due to which the competition is high. The players are looking for the technological development in Bluetooth module. Further, the factors such as rising disposable income and rising popularity in the wireless connectivity is fuelling the market growth. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Computer Bluetooth Modules market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Computer Bluetooth Modules market by Type, Application and Region.
On the basis of geography, the market of Computer Bluetooth Modules has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Sales of Computers is Fuelling the Market Growth
- Rising Application for Wireless Connectivity
Market Trend
- Technological Advancements in Bluetooth Modules for Long Range Connectivity
- Rising Popularity of Wireless Connectivity
Restraints
- High Costs Associated with the Computers
- Availability of More Reliable Connectivity Such as USB
Opportunities
- Rising Disposable Income in Developing Economies
- Rising Industrialisation and Urbanisation
Challenges
- Stiff Competition in Developing Countries
Market Leaders and some development strategies
In June 2019, Infineon has entered into an agreement to acquire Cypress. This acquisition is a step towards the strategic development of the company.
In July 2020, LG Innotek (CEO Cheol-Dong Jeong) announced on July 14 that it has developed the world's smallest Bluetooth module. With this development, LG Innotek is gearing up to advance further into the communication module market for Internet of Things (IoT).
Analyst Comment
There has been a growing trend of wireless connectivity due to which the players are looking to enhance the technology of Bluetooth module to stand out in the market. Additionally, the growing popularity of internet of things is causing the upsurge of demand in computer Bluetooth module along with the sales of computers globally.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations