The global beacon market is expected to witness double digit growth of over 30% over the forecast period. Beacons are small devices that enable to notify accurate location within a narrow range than GPS and Wi-Fi proximity. Beacons comprise Bluetooth technology that requires less energy and offers the shop owner and retailer to track the consumer activity, which in turn, improves their business. Wi-Fi or BLE beacons are often used in this case to create an indoor GPS across buildings and public places. Indoor navigation with automatic positioning is majorly used for a client-based application in retail stores, airports, and shopping malls. This includes the direct determination of position displayed on the smartphone of the user, via Wi-Fi or beacons.
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Key regions are discussed in this Beacon Technology Market report such as Europe, Middle East, Africa, North America, Latin America and Asia Pacific. It works as the most effective tool which businesses can make use of for developing the way it understands consumers and augment the potential for gains and growth. It is necessary for businesses of all sizes and benefits them completely. It helps to grow business forward. In order to get several benefits from product portfolio enlargement, it is essential to know more about latest market developments its entire scenario. This Beacon Technology Market report also helps business owners in knowing market size of major regions as well as market advancements.
Beacon Technology Market research report also involves discussing about major competitors and their future actions and such information is useful to invest in product launch and start any business. It has the potent to augment the product or service offerings. Competitive analysis covered here for the estimation period 2022-2028 greatly helps business participants to make a few vital actions required for the business expansion. Beacon Technology Market report also helps start ups by providing them best opportunities available in the market. It also helps them to make the best out of these opportunities.
When launching or releasing any product, it is important to refer Beacon Technology Market research report as it covers all the latest market related updates. It also helps to increase the product portfolio by providing all the basics needed. Following an effective marketing strategy has great significance to make business fruitful and here comes the role of market report. Beacon Technology Market study report brings value to the business by offering all the relevant market data and increasing the chances of success. Important updates are covered in this Market report regarding corona virus and its major consequences on the entire economy.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- 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 Beacon Market by Beacon Protocol
- iBeacon
- Eddystone
- AltBeacon
- Others (GeoBeacon)
Global Beacon Market by Location Technology
- Bluetooth Low Energy (BLE)
- Wi-Fi
- Ultrasound
- Others (Combined Technology)
Global Beacon Market by Application
- Retail
- Healthcare
- BFSI
- Logistics and Warehouses
- Others (Travel, Tourism & Hospitality)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Accent Advanced Systems, SLU
- Apple Inc.
- BlueCats
- Cisco Systems, Inc.
- Estimote, Inc.
- GeLo, Inc.
- Glimworm Beacons
- Google LLC
- Hewlett Packard Enterprise Development LP (Aruba Networks, Inc.)
- JAALEE Technology Co., Ltd.
- io
- Leantegra Inc.
- Osram Licht AG
- Qualcomm Inc.
- Sensorberg GmbH
- Sensoro Co., Ltd.
- Signal 360, Inc.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global beacon market. Based on the availability of data, information related to products and services, 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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