Global Bluetooth Beacons Market 2021 Size, Growth Analysis Report, Forecast to 2027

 

The Bluetooth Beacons Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Bluetooth beacons are a type of short-range wireless communication technology. BLE beacons are ideal for applications that require a regular data transfer and need to save a lot of battery power. BLE beacon technology is being used in a variety of industries, including retail, travel & tourism, healthcare, and education, due to advantages such as high accuracy compared to existing geolocation technologies, low battery drain, and no need for an internet connection to communicate.

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The market is growing due to increased awareness of BLE beacon technology and innovation in information technology solutions such as the Internet of Things (IoT). Furthermore, the rising need for smartphone usage and development in organized retail, such as supermarkets, discounters, department shops, and hypermarkets, has resulted in a desire for BLE beacon to make organized retail establishments smarter, driving the BLE beacon market growth.

Uber announced the release of Beacon 2.0, an upgraded version of its bright Beacon device, in October 2019. The digital display is designed to fit on the dashboard of a car and will glow a certain hue that customers choose in the app to assist them to identify the appropriate car in busy circumstances. The digital display on the Beacon also advises passengers to wear a seatbelt, gently latch car doors, and exit curbside.

Market Coverage

·         The market number available for – 2020-2027

·         Base year- 2020

·         Forecast period- 2021-2027

·         Segment Covered- 

·         By Type – IBeacon, Eddystone

·         By Application – Proximity Marketing, Asset Tracking, Indoor Navigation

·         By Industry Vertical – Retail, Healthcare, Travel & Tourism, BFSI Oil & Gas, Automotive, Healthcare

·         Competitive Landscape: Estimote Inc., K2B Solutions, Hewlett Packard Enterprise Development LP, Google LLC, Apple Inc., Onyx Beacon, and Kontakt.io among others

Key questions addressed by the report

·         What is the market growth rate?

·         Which segment and region dominates the market in base year?

·         Which segment and region will project fastest growth in the market?

·         How COVID-19 impacted the market?

·         Recovery Timeline

·         Deviation from pre-COVID forecast

·         Most affected region and segment

·         Who is the leader in the market?

·         How players are addressing challenges to sustain growth?

·         Where is the investment opportunity?

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Bluetooth Beacons Market Report 

By Type

             IBeacon

             Eddystone

By Application

             Proximity Marketing

             Asset Tracking

             Indoor Navigation

By Industry Vertical

             Retail

             Healthcare

             Travel & Tourism

             BFSI

             Oil & Gas

             Automotive

Regional Analysis

North America

·         United States

·         Canada

Europe

·         UK

·         Germany

·         Spain

·         France

·         Italy

·         Rest of Europe

Asia-Pacific

·                     India

·                     China

·                     Japan

·                     South Korea

·                     Rest of APAC

Rest of the World

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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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.

Media Contact:

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