- In March 2021, ShotTracker secured a US$ 2 million investment from Hearst Ventures to enhance its offerings for major basketball broadcasters. This funding enabled the company to refine its technology, which includes Bluetooth low energy wearable devices that track the motion of a player's wrist and the ball’s impact on the net. The innovative solution provides real-time data, enhancing the viewing experience for basketball fans and analysts alike
- In October 2020, Samsung Electronics launched SmartThings Find, a tracking solution designed to help users easily locate their Galaxy devices. The service leverages Bluetooth low energy and ultra-wideband technologies to pinpoint and track devices such as smartphones, tablets, smartwatches, and earbuds. This innovation enhances the user experience by providing an efficient and reliable way to find lost or misplaced Galaxy products
Frequently Asked Questions
The market is segmented based on Segmentation, By Network Topology Type (Central Device, Peripheral, and Device), End-Use Type (Manufacturing, Automotive, Telecommunication, Home Appliances, and Others), Product Type (Module and Chipset), Mode (Single Mode and Dual Mode) – Industry Trends and Forecast to 2032
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The Global Bluetooth Low Energy Market size was valued at USD 13.30 USD Billion in 2024.
The Global Bluetooth Low Energy Market is projected to grow at a CAGR of 19.62% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
