Global Bluetooth IC Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Bluetooth 4.0, Bluetooth 4.2, Bluetooth 5 and Other.

By Application;

Smart Homes, Beacons, Audio Devices, Health & Fitness, Human Interface Devices (HID), Remote Controls, Automotive, Industrial and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn462082204 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Bluetooth IC Market (USD Million), 2021 - 2031

In the year 2024, the Global Bluetooth IC Market was valued at USD 5430.18 million. The size of this market is expected to increase to USD 8719.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.


Global Bluetooth IC Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 7.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 5430.18 Million
Market Size (2031)USD 8719.67 Million
Market ConcentrationMedium
Report Pages318
5430.18
2024
8719.67
2031

Major Players

  • STMicroelectronics
  • Toshiba Corporation
  • Qualcomm Incorporated
  • Texas Instruments Incorporated
  • Nordic Semiconductor
  • Dialog Semiconductor
  • Cypress Semiconductor
  • Silicon Laboratories, Inc.
  • Microchip Technology Inc.
  • NXP Semiconductors NV

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Bluetooth IC Market

Fragmented - Highly competitive market without dominant players


The global Bluetooth IC market plays a pivotal role in enabling wireless connectivity across a wide range of devices, from smartphones and laptops to smart home gadgets and automotive systems. Bluetooth integrated circuits (ICs) are essential components that facilitate short-range communication using low-power radio waves. This technology has evolved significantly since its inception, with advancements leading to faster data transfer rates, improved energy efficiency, and broader compatibility with various devices.

One of the key drivers of the Bluetooth IC market's growth is the proliferation of IoT (Internet of Things) devices. These devices increasingly rely on Bluetooth for seamless connectivity, enabling them to communicate and interact with each other and with user devices efficiently. The demand for Bluetooth-enabled wearables, home automation systems, and smart healthcare devices further fuels market expansion.

The automotive sector has emerged as a significant consumer of Bluetooth ICs. Integrated into infotainment systems, hands-free calling features, and vehicle diagnostics, Bluetooth technology enhances driver convenience and safety. As automakers integrate more advanced features into vehicles, the demand for robust, reliable Bluetooth ICs continues to grow.

Looking ahead, technological advancements such as Bluetooth Low Energy (BLE) are expected to drive further innovation in the market. BLE has opened up new applications in sectors requiring low-power wireless connectivity, such as healthcare monitoring devices and industrial IoT. Overall, the global Bluetooth IC market is poised for continued growth, driven by expanding applications across diverse industries and ongoing advancements in wireless technology.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Bluetooth IC Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Connectivity Demand
        2. IoT Expansion
        3. Audio Innovations
      2. Restraints
        1. Interoperability Issues
        2. Security Concerns
        3. Price Sensitivity
      3. Opportunities
        1. Wearables Growth
        2. Automotive Integration
        3. Smart Home Adoption
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Bluetooth IC Market, By Type, 2021 - 2031 (USD Million)
      1. Bluetooth 4.0
      2. Bluetooth 4.2
      3. Bluetooth 5
      4. Other
    2. Global Bluetooth IC Market, By Application, 2021 - 2031 (USD Million)
      1. Smart Homes
      2. Beacons
      3. Audio Devices
      4. Health & Fitness
      5. Human Interface Devices (HID)
      6. Remote Controls
      7. Automotive
      8. Industrial
      9. Others
    3. Global Bluetooth IC Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. STMicroelectronics
      2. Toshiba Corporation
      3. Qualcomm Incorporated
      4. Texas Instruments Incorporated
      5. Nordic Semiconductor
      6. Dialog Semiconductor
      7. Cypress Semiconductor
      8. Silicon Laboratories, Inc.
      9. Microchip Technology Inc.
      10. NXP Semiconductors NV
  7. Analyst Views
  8. Future Outlook of the Market