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Beacon Market Growth, Size, Share, Industry Report and Forecast 2019-2025

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.

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Beacon Market Growth, Size, Share, Industry Report and Forecast 2019-2025

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  1. Orion Market Research Beacon Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our Beacon Market: https://www.omrglobal.com/request-sample/beacon- technology-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

  2. The global smart beacon market is anticipated to showcase a considerable CAGR during the forecast period. The rising adoption of this technology by various end-users is a major factor to contribute towards the growth of the global smart beacon industry. Beacon devices are small wireless transmitters that utilize BLE technology for tracking the location of any object or tag. There is remarkable adoption of BLE technologies which is slightly different from traditional Bluetooth technology, as it requires less energy. Beacons technology has considerably improved the marketing experience for retailers and customers. Beacon technology provides a wide range of benefits to retailers by tracking a customer’s in-store movement and deliver targeted information and discounts to the customer. Besides, the retail industry, logistics, and transportation industry are also considered as one of the main benefactors of improved location-based technology. A full Report of Beacon Market is Available at: https://www.omrglobal.com/industry- reports/beacon-technology-market Beacons technology tracks object location by connecting and transmitting information to smart devices allowing a location-based search. Beacons technology provides high penetration rates, long-range, and high energy efficiency. Top market players are engaged in the development of beacon technology which is fueling the smart beacon market growth. For instance, in 2013, Apple introduced the first iBeacon technology as part of iOS 7 at Worldwide Developer Conference (WWDC 2013) for different verticals such as hospitality, healthcare, workplace, and shopping malls. Request a Free Sample of our Beacon Market: https://www.omrglobal.com/request-sample/beacon- technology-market A new beacon format by Google was introduced in 2015, named Eddystone, which is open source and can send three types of signals Unique Identity Number (UID), Uniform Resource Locator (URL), and Transaction-Level Modeling (TLM). Apart from this, many other types of beacons are available in the market such as AltBeacon by Radius Network (launched in 2014) and GeoBeacon by Techno-World (launched in 2017). AltBeacon and GeoBeacon both are open sources and compatible with other mobile platforms. Further, Apple had installed beacons technology in 254 of its US shops to provide customers with in-store notifications about products, reviews, discounts, and deals. Moreover, Google offers beacon technology known as ‘Eddystone’ technology that enables proximity-based triggers and actions. Current Market Trend Covered in the Smart Beacon Market Report • • • North America to hold a considerable market share during the forecast period. Rising smart city projects are anticipated to offer significant opportunities for market growth. Low awareness related to beacon technology can hinder the growth of the smart beacon market. Rising digitalization and IoT are the key factor to drive the growth of the global smart beacon market. • Global Smart Beacon Market Segmentation By Connectivity

  3. • • • Bluetooth Low Energy (BLE) Wi-Fi Others By End-Users • • • • • Transportation &Logistics Retail Public Gathering &Spaces Healthcare Others Global Smart Beacon Market – Segment by Region North America • • United States Canada Europe • • • • • • Germany UK France Spain Italy Rest of Europe Asia-Pacific • • • • China Japan India Rest of Asia-Pacific Rest of the World Company Profiles •Accent Advanced Systems, SLU •7.2. Apple Inc. •BlueCats •Cisco Systems, Inc. •Estimote, Inc. •GeLo, Inc.

  4. •Glimworm Beacons •Google LLC •Hewlett Packard Enterprise Development LP (Aruba Networks, Inc.) •JAALEE Technology Co., Ltd. •Kontakt.io •Leantegra Inc. •Osram Licht AG •Qualcomm Inc. •Sensorberg GmbH •Sensoro Co., Ltd. •Signal 360, Inc. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/beacon-technology-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404

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