The global Bluetooth tester market is growing at a significant CAGR of around 6.0% during the forecast period (2020-2026). Bluetooth tester measures the signal strength of the Bluetooth devices by sequentially measuring modulation, frequency accuracy, power, and frequency drift. The testers are used in the testing a range of Bluetooth devices, such as smartphones, television, and handsfree and headset equipment, among others. There are several pivotal factors that are driving the global Bluetooth tester market, which includes the growth in the consumer electronics industry with the introduction of connected devices and other advanced technologies. Connected cars are employed with Bluetooth technology; therefore, the rising focus on the development of such smart technologies are expected to offer growth to the global Bluetooth tester market during the forecast period.
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Moreover, the increasing trend of beacons technology is one of the major factors for the significant growth of the market. Significant demand for BLE beacons was reported in retail stores owing to the increasing focus of retailers towards modernization. Walmart and Red Bull are some prominent players that are significantly focusing on modernizing their retail stores across countries. For instance, Red Bull positioned its beacon campaign at 1400 Macs/Couche-Tard convenience stores in Canada in 2014. In the store, digital signage was used to inform users regarding the offers provided by the Red Bull. In addition, Bluetooth beacons were installed at the point of purchase. This enables Red Bull to monitor the whole campaign in real-time and capture the behavior of customers. However, the high cost limits the adoption rate of Bluetooth tester in underdeveloped economies, which in turn, will affect the growth of the market during the forecast period.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Bluetooth Tester Market by Type
- Fully Automatic
- Semi-Automatic
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Anritsu Corp.
- Audio Precision, Inc.
- Ellisys
- Frontline Test Equipment, Inc. (Teledyne LeCroy, Inc.)
- iTest Technology Co., Ltd.
- LitePoint (Teradyne Co.)
- National Instruments
- Rohde & Schwarz GmbH & Co. KG
- RTX A/S
- TESCOM Co., LTD.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Bluetooth tester market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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