According to Cognitive Market Research, the global Bluetooth Chips market size will be USD 3215.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 15.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 1286.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 964.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 739.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 160.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 64.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.9% from 2024 to 2031.
The Smart Home Appliances category is the fastest growing segment of the Bluetooth Chips industry
