Forecast: Bluetooth Device Shipments Expected to Exceed 7 Billion Units by 2026

In the 5 years ahead, Bluetooth device shipments are expected to grow by nearly 50% In 2020, the pandemic caused significant turmoil for many global markets, but in 2021, the Bluetooth market began to rebound rapidly to pre-pandemic growth levels. Analysts predict that the recovery of the Bluetooth market in 2022 will be faster than initially forecasted. It is estimated that over the next five years, annual shipments of Bluetooth devices will increase 1.5 times, surpassing 7 billion units by 2026.

Bluetooth audio transmission will remain the largest solution area More definitions of Bluetooth Low Energy Audio (LE Audio) are expected to be released this year, which will further drive the application development in the largest solution area of Bluetooth audio transmission. With higher audio quality, lower power consumption, and innovative audio experiences such as broadcast audio, LE Audio will enable audio developers to meet the growing performance demands of consumers for speakers, headphones, and in-ear devices across the entire audio peripheral market. By 2026, annual shipments of Bluetooth in-ear headphones are expected to rise to 619 million units, accounting for 66% of all wireless headphone shipments.LE Audio will also support new types of audio peripherals such as Bluetooth hearing aids, optimizing device form factors with its flexibility. By 2026, annual shipments of Bluetooth hearing devices are expected to grow 2.6 times.Bluetooth location services are expected to become the fastest-growing solution area Recent global supply chain disruptions and enhancements in Bluetooth positioning capabilities have driven the demand for Bluetooth location services. With Bluetooth Received Signal Strength Indicator (RSSI), direction-finding capabilities, and the upcoming high-precision distance measurement features, Bluetooth technology can provide developers with the reliability and flexibility needed to create various higher-precision location service solutions. By 2026, annual shipments of Bluetooth location service devices are expected to triple. As reported this year, real-time location systems (RTLS), such as asset tracking systems, will be a major driving force behind this continued growth. Commercial real-time location systems include applications in the medical field, which accounted for the largest share of this year’s location service device shipments. It is expected that by 2026, annual shipments of Bluetooth asset tracking devices will reach 350 million units. Mark Powell, CEO of the Bluetooth Special Interest Group, stated: “The Bluetooth Special Interest Group brings together member companies from around the world to create a Bluetooth community ecosystem, continuously innovating each year to enhance Bluetooth technology’s capabilities and help shape new market trends. The robust growth of the Bluetooth market, as reflected in the 2022 Bluetooth Market Update, demonstrates the ongoing innovation and collaboration among Bluetooth Special Interest Group member companies to create a more connected world.”

Source: Electronic Products World

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