Since the arrival of IoT, the growth of network connectivity has been unprecedented. How does one wrap their arms around a market for Bluetooth devices that’s escalating so rapidly?
But don’t take our word for it. The Bluetooth Special Interest Group estimates that annual shipments of Bluetooth-enabled devices will exceed 7 billion in 2026, which is nearly 2 billion more than in 2022. Of these, Bluetooth Low Energy (LE), the power-conserving variant of Bluetooth personal area network (PAN) technology, will continue to have a decisive impact—95% of all Bluetooth devices will include BLE by 2026, representing a 25% compound annual growth rate (CAGR).