Bluetooth Low Energy is a wireless personal area network technology designed and marketed by the Bluetooth Special Interest Group (Bluetooth SIG) aimed at novel applications in the healthcare, fitness, beacons, security, and home entertainment industries. Compared to Classic Bluetooth, Bluetooth Low Energy is intended to provide considerably reduced power consumption and cost while maintaining a similar communication range.
The major factor driving the market growth of bluetooth low energy module will be the surge in usage of the internet of things (IoT). The concept of the internet of things is rapidly growing in enterprises, aiming to interconnect each and every unconnected thing including persons and machine to cast interconnecting networks such as machine-to-machine (M2M), people-to-people (P2P) and machine-to-people (M2P) using wireless sensors network. Some of the major players like Nordic Semiconductors and Cambridge silicon radio are offering development kit for establishing wireless application instantly without any finesse of radio frequency connectivity.  Moreover, bluetooth low energy modules are likely to boost significant traction owing to rising demand for consumer electronics.

Market Analysis and Insights: Global Bluetooth Low Energy Market
The global Bluetooth Low Energy market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Bluetooth Low Energy market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Bluetooth Low Energy market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Bluetooth Low Energy market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Bluetooth Low Energy market.

Global Bluetooth Low Energy Scope and Market Size
Bluetooth Low Energy market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bluetooth Low Energy market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Chipsets
RF Modules/Network Stacks
Devices/Systems
Software/Cloud Services
IT/Automation Platforms

Segment by Application
Healthcare
Sports & Fitness
Automotive
Electronic Devices
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Lenovo
Microsoft
Motorola Solutions
Toshiba
IBM
Panasonic
Bluegiga Technologies
Nordic Semiconductors
Texas Instruments
Samsung Electronics
Qualcomm