Insights on the Bluetooth 5.0 Global Market to 2028 - Wide Variety of Bluetooth Location Service Devices is Driving Growth
Retrieved on:
Tuesday, December 6, 2022
The Global Bluetooth 5.0 Market size is expected to reach $7.6 billion by 2028, rising at a market growth of 11.2% CAGR during the forecast period.
Key Points:
- The Global Bluetooth 5.0 Market size is expected to reach $7.6 billion by 2028, rising at a market growth of 11.2% CAGR during the forecast period.
- To sell a product as a Bluetooth device, the manufacturer must adhere to Bluetooth SIG standards.
- On December 6, 2016, the Bluetooth SIG announced Bluetooth 5.0, New Internet of Things technology is the main emphasis of its new features.
- When it comes to Bluetooth Location Services, RTLS and tags have taken the lead in propelling continuing growth of the Bluetooth 5.0 market.