The global beacon market was valued at US$ 1.41 billion in 2020, and it is expected to reach USD 32.12 billion by 2027, with a CAGR of 49.1%, during the forecast period. Increasing Government Initiatives in Ongoing Smart City Projects to foster the Global Beacon Market growth.
Beacon Market
Beacon Market Size Worth USD 32.12
billion by 2027
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BEACON MARKET
OVERVIEW
The global beacon market was valued at US$ 1.41
billion in 2020, and it is expected to reach USD 32.12
billion by 2027, with a CAGR of 49.1%, during the
forecast period (2021-2027).
Beacon is inexpensive, small wireless device that
transmits signal by using Bluetooth SMART
Technology or Bluetooth Low Energy BLE. The device
is used to transmit the data to various devices with
in a precise range. With the rising demand of the
advanced electronic devices across IT professionals
such as laptops, tablets, smartphones, among
others, the beacon market is also witnessing growth.
As, beacons provides various forms of interaction
and data capture in places, its adoption has
increased across new businesses.
A new study on the global Beacon market has been
published by AllTheResearch (ATR). It offers detailed
information on key market dynamics, including
drivers, trends, and challenges for the global Beacon
market as well as its structure. The study offers
valuable information on the global Beacon market
Beacon to illustrate how the market is expected to expand
during the forecast period i.e. 2020–2026.
Market
Summery Key indicators of market growth, which include value chain analysis and Compound Annual Growth Rate
(CAGR) have been elucidated in the Beacon market
report in a comprehensive manner. This data can help
readers interpret the quantitative growth aspects of the
global Beacon Market.
Segmentation of the Report
The research report categorizes the Beacon Market to forecast the revenues and analyze
the trends in each of the following subsegments:
By Type
• iBeacon
• Eddystone
• AltBeacon
• Others
By Connectivity
• BLE
• Wi-Fi
• Hybrid
• Others
By End-Use Industry
• Retail
• Transportation and Logistics
• Construction
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Beacon Market: Key Vendors
Major Players in Beacon Market are:
1.Alphabet Inc.
2.Apple Inc.
3.BlueUp Srl
4.Estimote Inc.
5.Gimbal Inc.
6.Hewlett Packard Enterprise Development LP
7.Kontakt.io Inc.
8.KS Technologies Inc.
9.Radius Networks Inc.
10T.exas Instruments In
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Major Regions Covered in
Report
Regional Overview & Analysis of Beacon Market:
North America (US and Canada)
Europe (UK, Germany, France and Rest of Europe)
Asia Pacific (China, Japan, India and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (GCC and Rest of Middle East & Africa)
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Key Highlights of Beacon
Market Report :
Overview of key market forces boosting and restraining market growth
Up-to-date analyses of market trends and technological improvements
Pin-point analyses of market competition to offer you a competitive edge
Major competitors strategies analysis
SWOT analysis of major industry segments
Detailed analyses of Beacon market trends
An appropriately defined technological growth map with Covid19 impact analysis
A clear understanding of the competitive landscape and key product segments
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• Options to buy sections of report
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company.
AllTheResearch • Syndicated report along with a supplementary report with objective-
based study
Value
•
Proposition Get profiled in the reports. Expanding your visibility across our network of readers and viewers
• We provide local market data in local language on request
• A complementary co-branded white paper
• Flat consulting fee based exclusive studies. Consult at the price of
syndicate
• Access to expert team for free transaction advisory service.
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