Smart Home a key driver for Bluetooth IoT market

January 16, 2020 //By Jean-Pierre Joosting
Smart Home a key driver for Bluetooth IoT market
According to ABI Research the smart home market is forecasted to account for over 13% of Bluetooth device shipments by 2024, equating to over 815 million Bluetooth-enabled products at this time.

The massive growth in a wide range of device types, including smart lighting, voice-control front ends, smart appliances and sensors, among others, many of which support Bluetooth, is driving the market to grow from 250 million units in 2019 to become one of Bluetooth's largest market opportunities over the next five years.

"The smart home market is beginning to ramp up, and strong growth for wireless devices and services is anticipated over the next few years as an increasing number of homes deploy solutions," says Andrew Zignani, Principal Analyst, ABI Research.

Bluetooth, thanks to its unique benefits such as low power consumption, audio capabilities, widespread presence in mobile devices, and mesh networking support, ensure the technology is extremely well placed to take advantage of a vast number of opportunities across a wide range of device types.

"Bluetooth's growing presence in voice control front ends from the likes of Amazon, Alibaba, Google, Baidu, and Xiaomi makes up a significant portion of this growth, alongside increased traction within smart lighting, smart appliances, door locks, sensors, and many other device types," Zignani adds.


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