Bluetooth Special Interest Group (SIG) recently released the latest Bluetooth market information at the 2018 Bluetooth Asia Bluetooth Asian conference. According to the report, 5.2 billion bluetooth devices will be exported by 2022 and widely used in various industries. With the launch of bluetooth mesh network and bluetooth 5, it can be seen that bluetooth is pushing the further development of smart buildings, smart industry, smart home and other emerging markets with irresistible force.
Bluetooth shipments will grow at a compound rate of 12%
The report shows that the membership of the bluetooth technology alliance continues to grow strongly. By the end of 2017, there were more than 33,000 bluetooth member companies in the world, and the total number of them increased by 90 percent in five years, demonstrating the true impact of bluetooth technology worldwide. Last year, with the help of more than 2,000 new members of the working group and committee, the working group within the bluetooth alliance launched a new specification or specification update almost every month.
With the launch of the new generation core specification "bluetooth 5" by the bluetooth technology alliance in December 2016, and the launch of bluetooth mesh network functions in the following July. Continuous improvement of bluetooth specifications and technology has further highlighted bluetooth's position in the Internet of things market. Total shipments of bluetooth devices totaled 3.6 billion last year. It is projected to reach 5.2 billion by 2022. From 2013 to 2022, bluetooth device shipments will grow at a compound rate of 12%.
Major bluetooth market trends and forecasts
Smart buildings: bluetooth expands the definition of "smart buildings" by implementing indoor location and location services that focus on improving visitor experience, guest productivity, and space utilization. Launched in 2017, mesh network marks the formal entry of bluetooth into building automation. Of the top 20 retailers in the world, 75 per cent have deployed location-based services. Annual shipments of location-based services using bluetooth are expected to increase tenfold to 360 million devices by 2022.
Smart industry: leading manufacturers are aggressively deploying bluetooth sensor networks in factory floors to improve production efficiency. Bluetooth smartphones and tablets are becoming central control devices in factories and industrial environments, providing safer interfaces for monitoring and controlling industrial machinery. Annual shipments of asset tracking and management solutions are expected to increase 12-fold to 253 million units by 2022.
Smart city: sharing bikes with no fixed parking Spaces first attracted public attention in 2016. In 2017, its steady global promotion accelerated market growth, among which the expansion in the asia-pacific region was very significant. Government officials and city administrators are deploying bluetooth smart city solutions to improve transport services, including smart car parks, smart meters, and better public transport services. Bluetooth Beacon drives location-based services on a fast track to grow in all smart city segments. These smart city services aim to create a rich and personalized experience for concert audiences, sports venues, museum lovers and tourists.
Smart home: the first bluetooth home automation system was launched in 2018. The bluetooth network will continue to provide a reliable wireless connection platform for automatic control of lighting, temperature control, smoke detector, camera, doorbell, door lock and so on. Lighting is expected to be the main use case, with a compound annual growth rate of 54 per cent over the next five years. At the same time, intelligent loudspeaker has become a potential central control device of smart home. The shipment of bluetooth smart home devices will reach 650 million in 2018. Shipments of smart speakers are expected to triple by the end of 2022.
Source: huaqiang electronic network