The global Beacon Technology Market is forecasted to be worth USD 35.15 Billion by 2027, according to a current analysis by Emergen Research. 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. In April 2020, Estimote Inc. The globally-disrupting incidence has impacted nearly every aspect of this business domain. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.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.
The increasing IoT penetration and growing government initiatives to improve the retail industry are driving the demand for the market. The increasing IoT penetration and growing government initiatives to improve the retail industry are driving the demand for the market. Beacon Technology Market Size – USD 2.10 Billion in 2019, Market Growth - CAGR of 44.1%, Market Trends – The rise in the adoption of advanced operational technology in several industries. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals.
The report studies the historical data of the Beacon Technology market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. 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. 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. 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
Get a Free sample of the report: https://www.emergenresearch.com/request-sample/233
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.
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
Regional Overview:
The global Beacon Technology market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Beacon Technology market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key Questions Answered in the Report:
What is the growth rate of the Beacon Technology market? What is the anticipated market valuation of Beacon Technology industry by 2027?
What are the key growth driving and restraining factors of the Beacon Technology market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Beacon Technology industry over the forecast period?
Which region is expected to show significant growth in the coming years?
Request a customization of the report:https://www.emergenresearch.com/request-for-customization/233
Unfolding the prime factors prompting global market growth:
The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Beacon Technology market into a broad product spectrum.
The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
Market Taxonomy:
Chapter 1: Methodology & Scope
· Definition and forecast parameters
· Methodology and forecast parameters
· Data Sources
Chapter 2:
Executive Summary
· Business trends
· Regional trends
· Product trends
· End-use trends
Chapter 3:
Industry Insights
· Industry segmentation
· Industry landscape
· Vendor matrix
· Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
· Business Overview
· Financial Data
· Product Landscape
· Strategic Outlook
Read More: https://www.emergenresearch.com/industry-report/beacon-technology-market
RELATED REPORTS:
Desktop 3D Printer Market:https://www.emergenresearch.com/industry-report/desktop-3d-printer-market
LED Emergency Lighting Market: https://www.emergenresearch.com/industry-report/led-emergency-lighting-market
Human Centric Lighting Market: https://www.emergenresearch.com/industry-report/human-centric-lighting-market
Beacon Technology Market: https://www.emergenresearch.com/industry-report/beacon-technology-market
Solar LED Street Lighting Market: https://www.emergenresearch.com/industry-report/solar-led-street-lighting-market
About Us:
At Emergen Research, we believe in advancing with technology. We are a 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:
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
