The Bluetooth SIG, who manage the Bluetooth specifications, have a new market update that provides information on the Bluetooth ecosystem. The most interesting and pertinent segment for our customers is location services:
Location service device shipments are expected to have 25% compound annual growth over the next five years according to ABI Research:
Commercial RTLS are being driven by recent inventory and logistic challenges:
‘Retail and Services’ at 62% is surprising as we would have expected ‘Warehouse and Logistics’ to be the larger segment.