According to ABI Research, 2017 will mark another milestone in Bluetooth technology through the release of Bluetooth 5 specification, further pushing wireless networking technology as the leading connectivity solution for the IoT.
The analyst forecasts 2021 Bluetooth Smart and Smart Ready device shipments reaching 5 billion units, the result of technical enhancements opening new opportunities, use cases and device types. Outside of mobile space, key IoT market growth areas include smart home and smart lighting, beacons and wearables, among others.
“While smartphones and audio accessories remain Bluetooth’s largest markets, the technology is becoming more attractive to low-power IoT applications,” ABI says. “Though Bluetooth still faces strong competition from the other standards, mesh networking will enable new opportunities for the technology in the smart home, building automation, and emerging IoT markets in which robustness, low latency, scalability, minimal power consumption and strong security are all additional critical requirements.”