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The global market for automotive Bluetooth was projected to be worth $9.8 billion in USD by 2022. During the forecast period (2023-2030), the Bluetooth in Automotive market is expected to increase from USD $9.10 Billion in 2023 to USD $17.6 Billion by 2030, with a CAGR of 8.60%. Key market drivers boosting market expansion include an increase in smart vehicle investments and the introduction of smartphone connection in vehicles.
When it comes to establishing and maintaining connections between electronic devices, Bluetooth is the gold standard. It's in everything from mobile phones and cars to speakers and laptops. There has been a steady increase in the use of Bluetooth in cars. In order to engage in wireless two-way communication, Bluetooth-compatible devices must be in close proximity to one another. Through the car's infotainment system, Bluetooth connects consumers to their mobile devices. It appears that in recent years, many of the world's leading automakers have included Bluetooth as a standard feature in their vehicles. This innovation in the infotainment system enables drivers and passengers to access music and data without taking their eyes off the road.
When the car is equipped with Bluetooth, the driver can access a wealth of information, including maps, traffic updates, forecasts, and listings for local businesses and entertainment options. The usage of such technologies improves safety and comfort while driving. In addition, the breadth and depth of R&D efforts have helped the industry produce a wider range of goods and services. The global market has expanded as a result of rising per capita income and increasing urbanisation.
Already a thriving industry, Bluetooth is poised for explosive growth in the global auto market. The rising need for smartphone functions in cars and other vehicles is a major factor driving the expansion of this market. The analysis of automotive diagnostic data is made possible by using this technology, which is another advantage of adopting it. automobile With Bluetooth, the telecommunications and automotive sectors are connected. Syncing technologies between smartphones and infotainment systems, such as Apple CarPlay, Spotify, and Android Auto, are driving up demand for Bluetooth in vehicles. To meet customer expectations and keep up with the competition, more and more car manufacturers are incorporating this technology into their automobiles.
One of the primary drivers fueling the market's rapid growth on a global basis is the increasing spending by manufacturers on ICT infrastructure and smart vehicles. Another element contributing to the expansion of the global market is the rising prevalence of automated automobile systems. Companies in the manufacturing sector also spend much on R&D to create innovative new products. In order to make cars safer and more convenient to drive, automotive electronics implement a wide range of technical solutions. Telematics, V2X connectivity, and entertainment have all been supplanted by technologies designed for autonomous driving. Automation and electric vehicle propulsion are rapidly becoming the norm in the automobile industry. Thus, developments in digital technology and the rise of automotive automation are helping to propel the sector forward.
The global automotive market is predicted to see considerable growth in the Bluetooth market throughout the forecast period. The rising need for smartphone features in cars and other vehicles is the primary factor driving the expansion of this industry. The diagnostic analysis made possible by this technology also increases the safety of the vehicle. The Bluetooth technology found in automobiles bridges the gap between the transportation and telecommunications sectors. Demand for Bluetooth in cars is predicted to rise due to the increasing use of phone-integrated infotainment systems like Apple CarPlay, Spotify, and Android Auto. To meet this growing demand and keep their market share, more and more automakers are incorporating this technology into their products. The business could be stunted by Bluetooth's inability to cover large areas, its relatively slow data transfer rates, and its lacklustre security measures. There is also the possibility of hacking, since someone could use Bluetooth to send a virus to our machine or steal information from yours. The expansion of the market could be stymied as a result.
Report Coverage
Global Bluetooth in Automotive research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bluetooth in Automotive report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bluetooth in Automotive competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bluetooth in Automotive market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bluetooth in Automotive market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bluetooth in Automotive market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Texas Instruments Incorporated, QUALCOMM Incorporated, Cypress Semiconductor Corporation, Marvell Technology Group Ltd, Toshiba Corporation, Samsung Corporation, Semiconductor Corporation, Broadcom Corporation, Pioneer Corporation, and Silicon Laboratories
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bluetooth in Automotive market based on the below-mentioned segments:
Global Bluetooth in Automotive Market, By Type
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Global Bluetooth in Automotive market, By Application
Communication
Infotainment
Telematics
Global Bluetooth in Automotive market, Regional Analysis
When it comes to establishing and maintaining connections between electronic devices, Bluetooth is the gold standard. It's in everything from mobile phones and cars to speakers and laptops. There has been a steady increase in the use of Bluetooth in cars. In order to engage in wireless two-way communication, Bluetooth-compatible devices must be in close proximity to one another. Through the car's infotainment system, Bluetooth connects consumers to their mobile devices. It appears that in recent years, many of the world's leading automakers have included Bluetooth as a standard feature in their vehicles. This innovation in the infotainment system enables drivers and passengers to access music and data without taking their eyes off the road.
When the car is equipped with Bluetooth, the driver can access a wealth of information, including maps, traffic updates, forecasts, and listings for local businesses and entertainment options. The usage of such technologies improves safety and comfort while driving. In addition, the breadth and depth of R&D efforts have helped the industry produce a wider range of goods and services. The global market has expanded as a result of rising per capita income and increasing urbanisation.
Already a thriving industry, Bluetooth is poised for explosive growth in the global auto market. The rising need for smartphone functions in cars and other vehicles is a major factor driving the expansion of this market. The analysis of automotive diagnostic data is made possible by using this technology, which is another advantage of adopting it. automobile With Bluetooth, the telecommunications and automotive sectors are connected. Syncing technologies between smartphones and infotainment systems, such as Apple CarPlay, Spotify, and Android Auto, are driving up demand for Bluetooth in vehicles. To meet customer expectations and keep up with the competition, more and more car manufacturers are incorporating this technology into their automobiles.
One of the primary drivers fueling the market's rapid growth on a global basis is the increasing spending by manufacturers on ICT infrastructure and smart vehicles. Another element contributing to the expansion of the global market is the rising prevalence of automated automobile systems. Companies in the manufacturing sector also spend much on R&D to create innovative new products. In order to make cars safer and more convenient to drive, automotive electronics implement a wide range of technical solutions. Telematics, V2X connectivity, and entertainment have all been supplanted by technologies designed for autonomous driving. Automation and electric vehicle propulsion are rapidly becoming the norm in the automobile industry. Thus, developments in digital technology and the rise of automotive automation are helping to propel the sector forward.
The global automotive market is predicted to see considerable growth in the Bluetooth market throughout the forecast period. The rising need for smartphone features in cars and other vehicles is the primary factor driving the expansion of this industry. The diagnostic analysis made possible by this technology also increases the safety of the vehicle. The Bluetooth technology found in automobiles bridges the gap between the transportation and telecommunications sectors. Demand for Bluetooth in cars is predicted to rise due to the increasing use of phone-integrated infotainment systems like Apple CarPlay, Spotify, and Android Auto. To meet this growing demand and keep their market share, more and more automakers are incorporating this technology into their products. The business could be stunted by Bluetooth's inability to cover large areas, its relatively slow data transfer rates, and its lacklustre security measures. There is also the possibility of hacking, since someone could use Bluetooth to send a virus to our machine or steal information from yours. The expansion of the market could be stymied as a result.
Report Coverage
Global Bluetooth in Automotive research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Bluetooth in Automotive report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Bluetooth in Automotive competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Bluetooth in Automotive market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Texas Instruments Incorporated, QUALCOMM Incorporated, Cypress Semiconductor Corporation, Marvell Technology Group Ltd, Toshiba Corporation, Samsung Corporation, Semiconductor Corporation, Broadcom Corporation, Pioneer Corporation, and Silicon Laboratories |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Bluetooth in Automotive Market from 2021 to 2030.
- Market Forecast for Bluetooth in Automotive Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Bluetooth in Automotive competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Bluetooth in Automotive
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Bluetooth in Automotive market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Bluetooth in Automotive market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Texas Instruments Incorporated, QUALCOMM Incorporated, Cypress Semiconductor Corporation, Marvell Technology Group Ltd, Toshiba Corporation, Samsung Corporation, Semiconductor Corporation, Broadcom Corporation, Pioneer Corporation, and Silicon Laboratories
Primary Target Market
- Market Players of Bluetooth in Automotive
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Bluetooth in Automotive market based on the below-mentioned segments:
Global Bluetooth in Automotive Market, By Type
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Global Bluetooth in Automotive market, By Application
Communication
Infotainment
Telematics
Global Bluetooth in Automotive market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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