The global Bluetooth module market is projected to grow at a CAGR of 6.34% during the forecast period of 2018 to 2024. Bluetooth modules now form an integral component of multiple consumer electronic devices. The demand for Bluetooth modules is projected to rise during the forecast period on account of increasing demand for consumer electronics around the world. Furthermore, the increasing penetration of Bluetooth technology in security is further projected to augment the demand for these modules in the coming years. However, the growing penetration of different wireless technologies will restrain the Bluetooth modules market during the forecasted period.
The major players profiled in the Bluetooth module market include Laird, Silicon Labs,
Murata, STMicroelectronics, TaiyYuden, Panasonic, Hosiden, Texas Instruments, Fujitsu, Broadcom, Microchip Technology, and Cypress Semiconductor Corporation.
The Bluetooth Module market has been analyzed through the following segments: