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It’s kind of like a lighthouse: it repeatedly transmits a single signal that other devices can see. Instead of emitting visible light, though, it broadcasts a radio signal that is made up of a combination of letters and numbers transmitted on a regular interval of approximately 1/10th of a second. A Bluetooth-equipped device like a smartphone can “see” a beacon once it’s in range, much like sailors looking for a lighthouse to know where they are.Europe held the largest share of the smart beacon market in 2017 owing to the high traction of the beacon technology and growing need for technologically advanced marketing platforms among the end users to capture the shares in the respective markets. In addition, Europe is an early adopter of the technology, and the customers in this region have accepted the technology seamlessly. APAC is expected to witness significant growth due to the growing traction of the beacon technology in China and Australia. Further, the market is still in a nascent stage in this region and has a lot of potential.
The Smart Beacon market was valued at 1090 Million US$ in 2018 and is projected to reach 40200 Million US$ by 2025, at a CAGR of 57.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Beacon.
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Key companies profiled in this report are Estimote, Aruba, Kontakt.Io, Cisco, Bluvision, Onyx Beacon, Leantegra, Gimbal, Accent Systems, Swirl Networks, Sensoro, Jaalee Technology, Beaconinside, Blesh, Blueup and more. Each of this company is profiled in the terms of company basic details, revenue, gross margin, product description, recent developments, etc.
Objectives of Global Smart Beacon Market report are:
• To analyze global Smart Beacon market status and forecast, involving production, revenue, consumption, historical and forecast data
• To analyse the key Smart Beacon companies and to get details of their production, revenue, market share, and recent development
• To get in depth knowledge by segmentation of data into regions, types, manufacturers and applications
• To identify the global and key regions market potential, advantage, opportunities, challenges, restraints and risks.
• To identify the factors influencing the market like trends, drivers in global and regional aspects
• To present the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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Smart Beacon Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, production, revenue, price, forecast, etc)
• Bluetooth Low Energy (BLE)
• Hybrid
Smart Beacon Market is studied for the following applications:
(Each application is covered in the terms of market size growth rate, regional consumption analysis, market share, consumption forecast, etc.)
• Retail
• Public Gatherings & Spaces
• Hospitality
• Transportation & Logistics
• Sports
• Aviation
• Healthcare
• Others
Smart Beacon Market: Production Segmentation by Regions covered for followings:
• United States
• Europe
• China
• Japan
• Other Regions
Smart Beacon Market: Consumption Segmentation by Regions covered for followings:
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
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Name: Shirish Gupta
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Website: https://www.themarketreports.com/report/global-smart-beacon-market-insights-forecast-to-2025
Release ID: 471048
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