According to Cognitive Market Research, The Global Bluetooth Low Energy IC market size is USD 1548.9 Million in 2023 and will grow at a compound annual growth rate (CAGR) of 25.90% from 2023 to 2030.
The global Bluetooth low-energy IC market will expand at a significant rate of 25.90% CAGR between 2023 and 2030.
The demand for Bluetooth low-energy IC technology is propelling due to the growing popularity of wearable devices.
Demand for Bluetooth low-energy technology in smart home devices remains higher in the Bluetooth low-energy IC market.
The Bluetooth 4.0 product type held the highest Bluetooth low-energy IC market revenue share in 2023.
North America will continue to lead, whereas Europe's Bluetooth low-energy IC market will experience the strongest growth until 2030.