The Bluetooth Special Interest Group released the "Bluetooth Market Update" at the 2018 Bluetooth Asia Conference. The report states that by 2022, there will be 5.2 billion Bluetooth devices exported and widely used in various industries. From the development of Bluetooth mesh network and Bluetooth 5, Bluetooth is preparing for industrial-grade wireless interconnect solutions that will be widely used in the Internet of Things in the coming decades.
With the help of ABI Research, "Bluetooth Market Update" shows the Bluetooth Special Interest Group's exclusive market demand forecast in three sections: community, technology and market, helping decision makers in the global IoT industry understand the latest Bluetooth market trends and how Bluetooth technology can play an active role in its roadmap.
In emerging markets, including smart buildings, Bluetooth devices will see significant growth.
Smart Buildings: Bluetooth extends the definition of “smart buildings” by enabling indoor positioning and location services that focus on improving the visitor experience, increasing guest productivity and increasing space utilization. The mesh network launched in 2017 marks the official entry of Bluetooth into the field of building automation. Of the top 20 retailers in the world, 75% have deployed location-based services. It is estimated that by 2022, the annual shipment of location service equipment using Bluetooth will increase by 10 times.
Smart Industry: To increase productivity, leading manufacturers are aggressively deploying Bluetooth sensor networks in the factory floor. Bluetooth smartphones and tablets are becoming central control devices in factory and industrial environments, providing a safer interface for monitoring and controlling industrial machinery. It is estimated that by 2022, the annual shipments of asset tracking and management solutions will increase by 12 times.
Smart City: Shared bicycles with no fixed parking spaces attracted public attention for the first time in 2016. In 2017, its global steady promotion accelerated market growth, with expansion in the Asia Pacific region very significant. Government officials and city managers are deploying Bluetooth Smart City solutions to improve transportation services, including smart parking, smart meters and better public transport services. Bluetooth Beacon drives location-based services on a fast-growing track in all smart city segments. These smart city services are designed to create a rich and personalized experience for concert audiences, stadiums, museum enthusiasts, and tourists.
Smart Home: In 2018, the first Bluetooth home automation system has been released. The Bluetooth network will continue to provide a reliable wireless connection platform for automated control of lighting, temperature control, smoke detectors, cameras, doorbells, door locks, and more. Among them, lighting is expected to be the main use case, and its compound annual growth rate will reach 54% in the next five years. At the same time, smart speakers have become a potential central control device for smart homes. In 2018, shipments of Bluetooth smart home devices will reach 650 million units. By the end of 2022, shipments of smart speakers are expected to increase by a factor of three.