The Bluetooth Technology Alliance (SIG) and ABI Research have released the Bluetooth Market Update 2022. The report shares the latest market insights and trends to help iot decision makers around the world keep abreast of the key role Bluetooth plays in their technology roadmap plans and markets. To improve the enterprise bluetooth innovation ability and promote the development of Bluetooth technology to provide help. Details of the report are as follows.
In 2026, annual shipments of Bluetooth devices will exceed 7 billion for the first time.
For more than two decades, Bluetooth technology has met the growing need for wireless innovation. While 2020 was a turbulent year for many markets worldwide, in 2021 the Bluetooth market began to rebound rapidly to pre-pandemic levels. According to analyst projections, the annual shipments of Bluetooth devices will grow 1.5 times from 2021 to 2026, with a compound annual growth rate (CAGR) of 9%, and the number of Bluetooth devices shipped will exceed 7 billion by 2026.
Bluetooth technology supports a variety of radio options, including Classic bluetooth (Classic), Low Power Bluetooth (LE), dual mode (Classic+ Low Power Bluetooth /Classic+LE).
Today, the majority of Bluetooth devices shipped over the past five years have also been dual-mode devices, given that all key platform devices such as smartphones, tablets, laptops, etc., include both Classic bluetooth and Low-power Bluetooth. In addition, many audio devices, such as in-ear headphones, are moving to dual-mode operation.
Annual shipments of single-mode low-power Bluetooth devices will almost match annual shipments of dual-mode devices over the next five years, according to ABI Research, due to the continued strong growth of connected consumer electronics devices and the upcoming release of LE Audio.
Platform Devices VS Peripherals
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All platform devices are compatible with Both Classic bluetooth and Low power Bluetooth
As low power Bluetooth and Classic Bluetooth reach 100% adoption rates in phones, tablets, and PCS, the number of dual-mode devices supported by Bluetooth technology will reach full market saturation, with a cagR of 1% from 2021 to 2026.
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Peripherals drive the growth of low-power single-mode Bluetooth devices
Shipments of low-power single-mode Bluetooth devices are expected to more than triple over the next five years, driven by continued strong growth in peripherals. Furthermore, if both low-power single-mode Bluetooth devices and classic, low-power dual-mode Bluetooth devices are considered, 95% of Bluetooth devices will have Bluetooth low-power technology by 2026, with a compound annual growth rate of 25%. In 2026, peripherals will account for 72% of Bluetooth device shipments.
Bluetooth full stack solution to meet the growing market demand
Bluetooth technology is so versatile that its applications have expanded from the original audio transmission to low-power data transmission, indoor location services, and reliable networks of large-scale devices.
1. Audio transmission
Bluetooth revolutionized the audio world and revolutionized the way people use media and experience the world by eliminating the need for cables for headsets, speakers and other devices. Main use cases include: wireless earphones, wireless speakers, in-car systems, etc.
By 2022, 1.4 billion Bluetooth audio transmission devices are expected to be shipped. Bluetooth audio transmission devices will grow at a cagR of 7% from 2022 to 2026, with shipments expected to reach 1.8 billion units annually by 2026.
As the demand for greater flexibility and mobility increases, the use of Bluetooth technology in wireless headphones and speakers will continue to expand. In 2022, 675 million Bluetooth headsets and 374 million Bluetooth speakers are expected to be shipped.
Bluetooth audio is a new addition to the Internet of Things market.
In addition, building on two decades of innovation, LE Audio will enhance the performance of Bluetooth Audio by delivering higher Audio quality at lower power consumption, driving the continued growth of the entire Audio peripherals market (headsets, in-ear headphones, etc.).
LE Audio also supports new Audio peripherals. In the area of Internet of Things, LE Audio is more widely used in Bluetooth hearing AIDS, increasing support for hearing AIDS. It is estimated that 500 million people worldwide need hearing assistance, and 2.5 billion people are expected to suffer from some degree of hearing impairment by 2050. With LE Audio, smaller, less intrusive and more comfortable devices will emerge to improve the quality of life for people with hearing disabilities.
2. The data transfer
Every day, billions of new bluetooth low-power data transmission devices are being introduced to help consumers live more easily. Key use cases include: wearable devices (fitness trackers, smartwatches, etc.), PERSONAL computer peripherals and accessories (wireless keyboards, trackpads, wireless mice, etc.), healthcare monitors (blood pressure monitors, portable ultrasound and X-ray imaging systems), etc.
In 2022, the shipments of data transmission products based on Bluetooth will reach 1 billion pieces. It is estimated that in the next five years, the compound growth rate of shipments will be 12%, and by 2026, it will reach 1.69 billion pieces. 35% of the connected devices of the Internet of Things will adopt Bluetooth technology.
The demand for Bluetooth PC accessories continues to rise as more and more people’s home Spaces become both personal and work Spaces, increasing the demand for Bluetooth connected homes and peripherals.
At the same time, people’s pursuit of convenience also promotes the demand for Bluetooth remote controls for TV, fans, speakers, game consoles and other products.
With the improvement of living standards, people begin to pay more attention to their own healthy life, and health data is paid more attention, which promotes the increase of the shipment of Bluetooth connected consumer electronic products, personal networking devices such as wearable devices and smart watches. Tools, toys and toothbrushes; And increased shipments of products such as health and fitness equipment.
According to ABI Research, personal Bluetooth consumer electronics shipments are expected to reach 432 million units by 2022 and double by 2026.
In 2022, it is estimated that 263 million Bluetooth remote devices will be shipped, and annual shipments of Bluetooth remote controls are expected to reach 359 million in the next few years.
Shipments of Bluetooth PC accessories are expected to reach 182 million in 2022 and 234 million in 2026.
The Internet of Things application market for Bluetooth data transmission is expanding.
Consumer demand for wearables is growing as people learn more about Bluetooth fitness trackers and health monitors. Annual shipments of Bluetooth wearable devices are expected to reach 491 million units by 2026.
Over the next five years, Bluetooth fitness and health tracking devices will see a 1.2-fold growth, with annual shipments rising from 87 million units in 2022 to 100 million units in 2026. Bluetooth healthcare wearable devices will see strong growth.
But as smartwatches become more versatile, they can also function as fitness and fitness tracking devices in addition to daily communication and entertainment. That has shifted the momentum towards smartwatches. Annual shipments of Bluetooth smartwatches are expected to reach 101 million by 2022. By 2026, that number will grow two-and-a-half times to 210 million.
And the progress of science and technology also makes the range of wearable devices continue to expand, bluetooth AR/VR devices, Bluetooth smart glasses began to appear.
Including VR headsets for gaming and online training; Wearable scanners and cameras for industrial manufacturing, warehousing and asset tracking; Smart glasses for navigation and recording lessons.
By 2026, 44 million Bluetooth VR headsets and 27 million smart glasses will be shipped annually.
To Be Continued…..
Post time: Apr-26-2022