Smart Beacon Market Outlook 2029: Presents Market Insights & Depth Analysis

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.

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.

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.

To Request a Sample of our Report on Smart Beacon Market:  https://www.omrglobal.com/request-sample/smart-beacon-market

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.

Smart Beacon Market Segmentation

By Connectivity

  • Bluetooth Low Energy (BLE)
  • Wi-Fi
  • Others

By End-Users

  • Transportation &Logistics
  • Retail
  • Public Gathering &Spaces
  • Healthcare
  • Others

A full report of Smart Beacon Market is available at: https://www.omrglobal.com/industry-reports/smart-beacon-market

Smart Beacon Market – Segment by Region

North America          

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East Africa

Company Profiles

  • Accent Advanced Systems, SLU
  • Beaconinside GmbH
  • BlueUp Srl
  • Blukii, a brand of Schneider Schreibgeräte GmbH
  • Cisco Inc.
  • Comarch SA
  • Esri
  • Estimote, Inc.
  • Gimbal Inc.
  • Google LLC
  • Hewlett Packard Enterprise Development LP
  • HID Global Corp.
  • Inpixon
  • Insiteo SAS
  • JAALEE Technology

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

Comments

Post a Comment

Popular posts from this blog

European Data Backup and Recovery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

  European Data Backup and Recovery Market are expected to reach $5.7 billion in 2027, growing at a CAGR of 9.5% during the forecast period (2021-2027). Factors responsible for the growth of the market in Europe are well-developed telecommunication infrastructure, high internet penetration, high adoption of cloud-based devices among people and organization. Regulations regarding the data localization such as GDPR by the European Union and countries own data localization and protection act are providing growth to the market. Major economies which are expected to hold a considerable market are UK, Germany, France, Italy, and Spain. These economies are part of the European Union, which covers most of the continent. The aim of the European Union was to increase economic cooperation and encourage free trade among countries. To Request a Sample of our Report on European Data Backup and Recovery Market :   https://www.omrglobal.com/request-sample/european-data-backup-recovery-...
Read more

Insect Repellent Market Is Likely to Experience a Tremendous Growth by 2031

This informative Insect Repellent Market report provides new method and covers foremost regions such as Latin America, Middle East, North America, Europe, Africa and Asia Pacific. Making most out of the consumer insights and market opportunities, market players can boost up the revenue rate of their business. It also permits key organizations to make communication with customers and know their demands for making right investment in the product development. By increasing the product portfolio by referring the important market data provided in this Insect Repellent Market research report, key players can grow and expand their business forward. Continuously developing customer demands are also described in this global report to help new entrants make required changes in the final product launch and then bring into the market. It becomes easy for key players to prioritize the demands and requirements of target audience and have complete understanding of end-user experience with the help o...
Read more

Asia-Pacific Urban Air Mobility Market Growth, Size, Share, Industry Report and Forecast 2019-2025

The Asia-Pacific urban air mobility market is estimated to grow at a CAGR of 12.6% during the forecast period. The Asia-Pacific urban air mobility market is segmented on the basis of component and operation. Based on the component, the market is further segmented into infrastructure and platform. The infrastructure segment is further segmented into charging stations, traffic management, and others whereas, the platform segment is further classified into air taxi, personal air vehicle, air ambulance, and others. The platform segment dominated the global urban air mobility market. To Request a Sample of our Report on Asia-Pacific Urban Air Mobility Market :   https://www.omrglobal.com/request-sample/asia-pacific-urban-air-mobility-market Asia-Pacific is home to several emerging economies and is seen as the potential market for the UAM owing to growing urbanization coupled with increasing traffic congestion and increasing high-income groups in the region. The growth of the As...
Read more