Ecosystem & Market
Market & Growth
UWB is spreading across more markets. ABI Research forecasts that global shipments of UWB devices will grow at a compound annual growth rate of 14% over the next five years, from 435 million units in 2023 to nearly 1.3 billion in 2028. Chip suppliers, large and small, recognise the opportunity UWB represents.
Last year, 21% of smartphone shipments included UWB technology, including phones from Apple, Samsung, Google and Xiaomi; according to ABI Research, by 2028 almost half of all smartphones will include UWB.
Application market distribution
UWB applications span multiple markets: IoT, automotive, wearables, smart home, consumer electronics, home entertainment and connected home devices, portable consumer electronics, networking, PCs and their accessories, smartphones and feature phones, and more. As a secure short-range wireless tool with centimetre-level accuracy, every new product launch and every new market entrant continues to validate the potential and the prospects of this technology.