In the next five years, multi-function devices such as smart watches and earwear with health sensors will continue to grab market share for single-use devices. Mr. Chuck Sabin, Director of Advanced Strategic Planning for the Bluetooth Technology Alliance, said that as location services become more commonplace in everyday life, tags for object-seeking and pet tracking are becoming increasingly popular. By 2023, the object-seeking label will account for 10% of the total number of connected devices, and the compound growth rate of Bluetooth products will reach 32% in the next five years. Since low-power Bluetooth can connect data to applications and services, the variety of Bluetooth-connected devices is increasing.
As we all know, Bluetooth is a low-power transmission technology, which is characterized by short-range wireless communication. Wireless transmission of data can be achieved through Bluetooth technology. It is because of the invention of Bluetooth technology that many convenient mobile devices are interconnected, allowing us to interact with devices.
Bluetooth connects future smart cities, enhances the visitor experience, improves the quality of life for citizens, and creates a more business-friendly environment. According to Chuck Sabin, Director of Advanced Strategic Planning of the Bluetooth Technology Alliance, the annual shipment of Bluetooth Smart City equipment will increase by 7 times by 2023, and the deployment of Bluetooth real-time location service equipment in the airport will increase by 5 times. Device deployment will grow by a factor of three.
The Bluetooth location service and connected device network will support a variety of smart city applications over the next five years. Bluetooth location services used in airports, stadiums, hospitals, retail malls, tourist centers and museums will change the way visitors interact with smart cities. At the same time, asset management solutions increase the utilization of smart city resources and help reduce operating costs. In terms of urban transportation, Bluetooth enables mobile travel as a service, providing on-demand transportation solutions using bicycles and scooters. At present, mobile travel-as-a-service has achieved significant expansion in the Asia-Pacific region and will be steadily launched globally.
In other areas, Bluetooth continues to shape the way we interact with the world and discover the world. Almost all new smartphones, tablets and laptops today use Bluetooth. Bluetooth is synonymous with wireless audio, freeing headphones, speakers and entertainment devices from the shackles of wires, allowing consumers to have music and entertainment without wires. By 2023, Bluetooth headsets and headsets will ship more than 720 million annually, still the most popular audio and entertainment category, and more than half of the world's new TVs will be standard on Bluetooth. Shipments of Bluetooth remotes will also double in the next five years.
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As the mainstay of the automotive market, Bluetooth has established a connection between the car and the driver, which not only achieves a new level of road safety, but also enhances the in-vehicle experience. Bluetooth is standard on almost all new cars. Chuck Sabin, Director of Advanced Strategic Planning for the Bluetooth Technology Alliance, said that by 2023, 54% of vehicles on the road will be equipped with Bluetooth. Bluetooth pushes the car to achieve keyless unlocking. While infotainment systems will continue to account for the majority of Bluetooth car shipments, by 2023, key fobs, sensors and other in-vehicle applications will account for 24% of all shipments.