Global Beacon Technology market is accounted for $1.58 billion in 2019 and is expected to reach $34.48 billion by 2027 growing at a CAGR of 47.0% during the forecast period. The extensive usage of technology in industry verticals, growing adoption of IoT, demand for location-based marketing solutions, and increasing penetration of mobile devices are the major factors driving the market growth.
Request for a Free Sample Copy of Report at www.strategymrc.com/report/beacon-technology-market/request-sample
By geography, North America is going to have lucrative growth during the forecast period due to the early adoption of the technology in numerous industries across the region because of the increasing demand for proximity tools in the retail and public sectors. The government in this region is focusing on smart city initiatives, which, in turn, is resulting in the deployment of Bluetooth low energy (BLE) devices.
Some of the key players profiled in the Beacon Technology Market include Accent Advanced Systems, Apple Inc., Beaconinside, Blue Sense Networks, BlueCats, Estimote Inc., Gimbal, Glimworm Beacons, Google Inc., Kontakt.io, Madison Beacons, Onyx Beacon Ltd, Radius Networks Inc., Sensorberg, Swirl Networks, Samsung, Bluvision Inc., and ROXIMITY.
Components Covered in Beacon Technology Market
• Hardware
• Software
Technologies Covered:
• Bluetooth Low-Energy (BLE)
• Combined Technologies
• Ultrasound
• Wi-Fi
Deployment Models Covered:
• On-Premise
• On-Cloud
Applications Covered:
• Travel, Tourism & Hospitality
• Financial Institutions
• Transportation & Logistics
• Healthcare
• Education
• Retail
• Real-Estate
• Banking, Financial Services, and Insurance (BFSI)
• Automotive
• Sports
• Aviation
• Hotels
• Indoor Positioning and Navigation
• Employee Attendance and Tracking
• Facilities Management
• Payments
Platforms Covered:
• iBeacon
• GeoBeacon
• AltBeacon
• Eddystone
• Paypal
If Any Query? Ask Our Industry Expert at www.strategymrc.com/report/beacon-technology-market/request-customization
Explore the list of attractive markets during this time of Pandemic @ www.strategymrc.com/covid-19-impact-reports
About Us:
StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments.
Contact Us:
Stratistics Market Research Consulting
Phone: +1-301-202-5929
Email: info@strategymrc.com
Website: www.strategymrc.com/
Twitter:twitter.com/StratisticsMRC
LinkedIn: www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile