ABI Research Forecasts a Bright Bluetooth Future
It’s been a pivotal year for Bluetooth® technology, and a recent report published by ABI Research indicates that Bluetooth will continue to catalyze the IoT for years to come. ABI forecasts that Bluetooth devices will break 5 billionshipments by 2021 as new opportunities, use cases, and device types open up to meet developer and consumer demands.
“While smartphones and audio accessories remain Bluetooth’s largest markets, the technology is becoming more attractive to low-power IoT applications,” says Andrew Zignani, Industry Analyst at ABI Research.
The report highlights how Bluetooth 5 and Bluetooth with mesh networking functionality will transform the connected future, “marking another milestone in the development and evolution of Bluetooth technology as a leading connectivity solution across the IoT.”
Some of the key takeaways from the report:
- Bluetooth devices will break 5 billion shipments by 2021
- Bluetooth beacons in the markets of personal tracking tags, retail, and advertising will achieve a CAGR of 133 percent between 2016 and 2021
- Mobile accessories are set to account for 13 percent of Bluetooth device shipments in 2021
Bluetooth with standardized mesh functionality will enable Bluetooth devices to connect together in networks that can cover an entire home or building, opening up home and industrial automation applications. Increased broadcast messaging capacity in Bluetooth 5 will help drive ABI’s predictions as beacons will be able to provide much higher quality content and richer contextual information than ever before. To learn more about how Bluetooth technology will shape the IoT, download the full report here.