The global Beacon Technology Market is forecasted to be worth USD 35.15 Billion by 2027. 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.
The Global Beacon Technology Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Beacon Technology market and its key elements. The report is formulated through extensive primary and secondary research and is curated with the intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Beacon Technology industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2027.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/233
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are 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.
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)
Cloud
On-premises
Platform Outlook (Revenue, USD Billion; 2017-2027)
Eddystone
iBeacon
AltBeacon
Technology Outlook (Revenue, USD Billion; 2017-2027)
Wi-Fi
Bluetooth Low Energy
Ultrasound
Others
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Healthcare
Real-estate
Aviation
Banking
Hotels
Retail
Education
Others
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.
Attributed to the increasing implementation of cloud-enabled low-energy Bluetooth networks, the high cost of network systems, and the complicated implementation maintenance of such networks, the cloud segment is anticipated to dominate the market with a CAGR of 44.5% during the forecast period.
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.
To know more about the report @ https://www.emergenresearch.com/industry-report/beacon-technology-market
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the RD sector.
Key point summary of the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
Request a customization of the report @ https://www.emergenresearch.com/request-for-customization/233
Thank you for reading the research report. To get more information about the customized report and customization plan, kindly connect to us and we will provide you with the well-suited customized report.
Take a Look at our other Reports:
Iris Recognition Market https://www.einpresswire.com/article/569586517/global-iris-recognition-market-report-2020-industry-analysis-growth-trends-forecasts-2027-emergen-research
medical tricorder market https://www.einpresswire.com/article/569430869/medical-tricorder-market-size-share-2021-north-america-europe-apac-industry-forecasts-2028-emergen-research
Smart Indoor Garden Market https://www.einpresswire.com/article/569432940/smart-indoor-garden-market-trends-2021-demand-growth-status-top-manufacturers-analysis-cagr-status-forecast-to-2030
Healthcare IT Integration Market https://www.einpresswire.com/article/569311593/healthcare-it-integration-market-trends-2020-demand-industry-size-share-cagr-status-future-scope-and-forecast-2027
5G in Aviation Market https://www.einpresswire.com/article/569315812/5g-in-aviation-market-can-touch-usd-9-98-billion-by-2028-market-analysis-trends-growth-factors-and-future-outlook
Air Quality Monitoring System (AQMS) Market https://www.einpresswire.com/article/56931Beacon Technology5/air-quality-monitoring-system-aqms-market-is-projected-to-grow-at-a-cagr-of-5-1-over-the-forecast-period-2028
About Us:
At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Read Full Press Release @ https://www.emergenresearch.com/press-release/global-beacon-technology-market
