UK Beacon Technology Market Trends, Size, Competitive Analysis and Forecast 2019-2025
UK beacon technology market is estimated to grow at an impressive rate during the forecast period. Increasing implementation of connected intelligent urban mobility, ubiquitous geolocation technologies, the emergence of new positioning technologies and multi-sensor positioning systems, and location-based marketing and advertising are the factors playing a pivotal role in the market growth in the region. The utilization of beacon technology-based systems in retail has gained significant prominence in the last few years with multiple retailers implementing indoor positioning and indoor navigation systems in their stores to bring improved customer experience and much more.
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In UK, several technologies
such as Wi-Fi-based positioning, ultra-wideband indoor positioning, and
Bluetooth beacon positioning, in particular, have been gaining prominence.
These technologies are incorporated for positioning solutions. For instance, in
2017, 2,000 battery-powered beacons were placed in Gatwick Airport, London, to
generate indoor navigation and provide location data to customers traveling
through. The beacon positioning allows customers to turn on an AR (augmented
reality) application to follow the arrows shown on the camera’s view, as well
as translate signs into different dialects. The system at London airport
reportedly supported the positioning with the accuracy of +/- 3m.
UK beacon technology market is
segmented on the basis of beacon protocol, location technology, and
application. On the basis of the beacon protocol, the market is segmented into
iBeacon, Eddystone, AltBeacon, and others. Based on the location technology,
the market is classified into BLE, Wi-Fi, Ultrasound, and Others. On the basis
of application, the market is classified into retail, healthcare, BFSI,
logistics and warehouses, and others. Retail sector is estimated to dominate
the market over the forecast period. As online shopping is dominating retail
shopping, indoor location-based analytics is one fine way used by the
brick-and-mortar retailers to encourage the foot traffic. The retailers are
realizing the benefits of location-based analytics services and increasingly
deploying it at their stores. Thereby, augmenting the segmental business
growth.
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UK Beacon
Technology Market Segmentation
By Beacon Protocol
·
iBeacon
·
Eddystone
·
AltBeacon
·
Others (GeoBeacon)
By Location
Technology
·
Bluetooth Low Energy (BLE)
·
Wi-Fi
·
Ultrasound
·
Others (Combined Technology)
By Application
·
Retail
·
Healthcare
·
BFSI
·
Logistics and Warehouses
·
Others (Travel, Tourism & Hospitality)
Company Profiles
·
Accent Advanced Systems, SLU
·
Apple Inc.
·
BlueCats
·
Cisco Systems, Inc.
·
Estimote, Inc.
·
GeLo, Inc.
·
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.
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