The latest report titled “Global Beacon Technology Market Forecast to 2027” evaluates the significant aspects of the global Beacon Technology business sphere. The latest study offers meaningful insights into the present and future market trends, alongside a detailed assessment of the technological innovations, key factors influencing market growth, and emerging trends witnessed in the global Beacon Technology industry. The global Beacon Technology market report is expected to help readers identify the products and services offered by this industry vertical, as well as the vital parameters that help drive revenue growth and profitability.
The beacon technology market is anticipated to grow substantially owing to the growing Internet of Things technology penetration, increasing investments in proximity marketing, and rising demand for sensor-based devices in different industries. The growth in organized retail stores provides the players functioning in the beacon technology market with sufficient growth prospects. With the support of government organized retail outlets are growing substantially, such as supermarkets, department stores, and hypermarkets, which is expected to fuel the market growth shortly.
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Key Highlights From The Report
- In April 2020, Estimote Inc. has implemented its technical expertise to create a new device named “Proof of Health”, specially designed to reduce the COVID-19 spread. The company has introduced a unique variety of wearables that can improve employees’ safety for those who need to be co-located in a workplace environment, while measures of social distance and physical isolation are in place.
- Leading to AltBeacon’s significant advantages, such as various vendor IDs and beacon codes, the AltBeacon segment is expected to hold the largest market over the forecast timeframe.
- Due to its several advantages, such as improving customer experience by providing interactive guides, sharing multi-language information and tips, and special offers, the retail segment is expected to dominate the market throughout the forecast period.
- Due to the presence of supermarket giants such as Walmart, Kroger, and Tesco in this region, the North America region held the largest market throughout the forecast timeframe. Due to increasing government support to strengthen the retail business, the Asia Pacific region is anticipated to grow substantially.
- Key participants include Apple Inc., Sensorberg GmbH, Gimbal, Inc., Google Inc., Texas Instruments Inc., KS Technologies, LLC, Radius Networks Inc., Kontakt.io, Swirl Networks, Inc., and Estimote Inc., among others.
Beacon Technology Market Segmentation:
Emergen Research has segmented the global Beacon Technology Market on the basis of deployment, platform, technology end-use, and region:
- Deployment Outlook (Revenue, USD Billion; 2017-2027)
- Platform Outlook (Revenue, USD Billion; 2017-2027)
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Bluetooth Low Energy
- End-Use Outlook (Revenue, USD Billion; 2017-2027)
Regions Covered in This Report:
- North America(U.S., Mexico, and Canada)
- Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
- Europe(U.K., Germany, France, and Rest of Europe)
- Latin America(Brazil and Rest of Latin America)
- Middle East & Africa(GCC Countries and Rest of Middle East & Africa)
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Key points covered in the report:
- The latest report based on the global Beacon Technology market includes an elaborate list of the company profiles of the leading market players.
- The report throws light on certain significant aspects, such as manufacturing/production capacity, sales, future expansion strategies, and technological capabilities of these market players.
- The report emphasizes the primary application areas of the global market and therefore provides a precise account of the market to enable the interested readers to gain crucial insights into the global market mechanism.
- The report involves a SWOT analysis of the global Beacon Technology market. In the concluding part of the report, the opinions of several industry experts and professionals have been included.
- The report elucidates vital information about investors, stakeholders, policymakers, manufacturers, suppliers, service providers, and the leading contenders in this market.
Critical points included in the report
- The latest study is inclusive of a detailed examination of the intensely competitive landscape of the global Beacon Technology market.
- It offers a synopsis of the various factors fueling or restraining market growth.
- Moreover, the report helps businesses at the time of decision-making by providing helpful insights into the global market, as well as its varied segments and sub-segments.
Table Of Content:
Chapter 1. Methodology & Deployments
1.1. Market Definition
1.2. Research Scope
1.4. Research Deployments
1.4.3. Paid Deployments
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Beacon Technology Market Segmentation & Impact Analysis
4.1. Beacon Technology Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Increasing IoT pentration
220.127.116.11. Growing government initiatives to improve retail idustry
18.104.22.168. Rising adoption of advanced operational technology
4.2.3. Market restraints analysis
22.214.171.124. High setup cost
126.96.36.199. Lack of security
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Beacon Technology Market By Deployment Insights & Trends Revenue (USD Billion)
5.1. Deployment Dynamics & Market Share, 2019 & 2027
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