1 / 4

Bluetooth Beacons Market Is Estimated to Attain Around $58.7 Billion By 2025 | CAGR: 95.3%

The introduction of beacons technology has revolutionized the adoptersu2019 operations by driving a new level of customer engagement through personalization. The growth prospects can be attributed to the surging eminence of location-based marketing in the retail industry.u00a0<br>

adityarana1687
Download Presentation

Bluetooth Beacons Market Is Estimated to Attain Around $58.7 Billion By 2025 | CAGR: 95.3%

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Bluetooth Beacon Market Worth $58.7 Billion By 2025 | CAGR: 95.3% | Grand View Research, Inc “The introduction of beacons technology has revolutionized the adopters’ operations by driving a new level of customer engagement through personalization. The growth prospects can be attributed to the surging eminence of location-based marketing in the retail industry.” The global bluetooth beacon market size is expected to reach USD 58.7 billion by 2025, according to a new report by Grand View Research, Inc. The introduction of next-generation software-based and virtual beacons are expected to boost the market demand. The key factor driving the industry growth is the increased number of applications powered by beacons and Bluetooth Low Energy (BLE) tags. Beacons are witnessing growing penetration across asset tracking and machine/equipment status observation in high volume verticals. At the same time, the markets for both existing and new applications are maturing, leading to larger roll-outs. Growing integration of beacons in cameras, LED lightings, point of sale (POS) devices, digital signage, and vending machines is expected to propel the industry growth over the forecast period. Apart from retail applications, beacons are also projected to become a common commodity in industrial applications. Follow Us:

  2. Industries are increasingly shifting toward the incorporation of Bluetooth-powered solutions from conventional proximity solutions including Wi-Fi and RFID. Assets based on Wi-Fi, RFID, and people flow tracking systems have currently captured a significant revenue share in the healthcare and intra-logistics sectors. The relatively lower price point of Bluetooth-based solutions is playing a pivotal role in their large-scale adoption in various domains such as indoor navigation, worker security, elderly care, and affordable asset tracking. To request a sample copy or view summary of this report, click the www.grandviewresearch.com/industry-analysis/bluetooth-beacons-market link below: Further key findings from the report suggest: •Bluetooth beacon are poised for large-scale adoption throughout the forecast period, with a projected CAGR of 95.3% from 2017 to 2025 •The Eddystone segment is expected to witness the fastest growth due to its open format and the ability to offer a broad range of solutions for proximity interactions without the need for native apps •The healthcare segment is anticipated to grow at an enormous rate over the forecast period with an estimated CAGR of over 100% from 2017 to 2025, as there has been an increased need for streamlining hospital operations to provide customized services as per the patients’ history •Leiden University Medical Center uses the iBeacon technology along with Internet of Things (IoT) platform to treat patients with Acute Myocardial Infarction (AMI) •The Asia Pacific Bluetooth beacons market is expected to witness appreciable growth which is attributed to the high potential applicability of beacons in the retail sector •Key industry players include Estimote, Inc.; Kontakt.io; Accent Advanced Systems, SLU; Onyx Beacon Ltd.; and Bluvision Inc. View www.grandviewresearch.com/industry/communication-services more reports of this category by Grand View Research at Follow Us:

  3. Grand View Research has segmented the Bluetooth beacons market based on technology, end use, and regions: Bluetooth Beacon Technology Outlook (Revenue, USD Million; 2014 - 2025) •iBeacon •Eddystone •Others Bluetooth Beacon End-Use Outlook (Revenue, USD Million; 2014 - 2025) •Retail •Travel & tourism •Healthcare •Financial institutions •Others Bluetooth Beacons Regional Outlook (Volume, Million Units; Revenue, USD Million; 2014 - 2025) •North America oU.S. oCanada •Europe oGermany oUK •Asia Pacific oChina oIndia oJapan •Latin America oBrazil oMexico •Middle East and Africa Browse www.grandviewresearch.com/press-release/global-bluetooth-beacons-market Press Release of this Report: About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Follow Us:

  4. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com Follow Us:

More Related