Smart Beacon market was valued at 1090 Million US$ in 2018 and is projected to reach 40200 Million US$ by 2025, at a CAGR of 57.0% during the forecast period.
A Smart Beacon is a small Bluetooth radio transmitter.Its kind of like a lighthouse: it repeatedly transmits a single signal that other devices can see.
Instead of emitting visible light, though, it broadcasts a radio signal that is made up of a combination of letters and numbers transmitted on a regular interval of approximately 1/10th of a second.
A Bluetooth-equipped device like a smartphone can see a beacon once its in range, much like sailors looking for a lighthouse to know where they are.Europe held the largest share of the smart beacon market in 2017 owing to the high traction of the beacon technology and growing need for technologically advanced marketing platforms among the end users to capture the shares in the respective markets.
Further, the market is still in a nascent stage in this region and has a lot of potential.
This report presents the worldwide Smart Beacon market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The Global Beacon Market size was valued at USD 1.35 billion in 2019 and is predicted to reach USD 49.31 billion by 2030 with a CAGR of 38.6% from 2020-2030.Beacon is a small, battery-powered, electronic device that runs on Wi-Fi, low energy Bluetooth, ultrasound, or hybrid technologies.
It is used for transmitting digital information to nearby devices such smartphones, tablets, laptops, and other smart gadgets.
With the help of Beacons, marketers can send timely and targeted messages to potential customers present in and around their physical location.
The promotional content can be in the form of videos, URL, notifications, and others.Access Full Description of this report at:- https://www.nextmsc.com/report/beacon-market Top Companies: Advanced system, Apple Inc., SLU, Blue Sense Networks, BlueCats, Gelo, Estimote, Inc., Glimworm Beacons, Kontakt.io, Gimbal, and Beaconinside GmbH and others.The global beacon market share has been analyzed based on type, technology, application, and geography.
Geographic breakdown and analysis of each of the previously mentioned segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.Request sample copy of this report at:- https://www.nextmsc.com/beacon-market/request-sample North America is expected to dominate the global Beacon market thought the forecast period accounting for the highest market share.
Asia Pacific is gaining traction in the global Beacon market, with gradual increase in market share owing to rapid urbanization and surge in population growth in this region.
The Global Beacon Market size was valued at USD 1.35 billion in 2019 and is predicted to reach USD 49.31 billion by 2030 with a CAGR of 38.6% from 2020-2030.Beacon is a small, battery-powered, electronic device that runs on Wi-Fi, low energy Bluetooth, ultrasound, or hybrid technologies.
It is used for transmitting digital information to nearby devices such smartphones, tablets, laptops, and other smart gadgets.
With the help of Beacons, marketers can send timely and targeted messages to potential customers present in and around their physical location.
The promotional content can be in the form of videos, URL, notifications, and others.Access Full Description of this report at:- https://www.nextmsc.com/report/beacon-market Top Companies: Advanced system, Apple Inc., SLU, Blue Sense Networks, BlueCats, Gelo, Estimote, Inc., Glimworm Beacons, Kontakt.io, Gimbal, and Beaconinside GmbH and others.The global beacon market share has been analyzed based on type, technology, application, and geography.
Geographic breakdown and analysis of each of the previously mentioned segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.Request sample copy of this report at:- https://www.nextmsc.com/beacon-market/request-sample North America is expected to dominate the global Beacon market thought the forecast period accounting for the highest market share.
Asia Pacific is gaining traction in the global Beacon market, with gradual increase in market share owing to rapid urbanization and surge in population growth in this region.
Smart Beacon market was valued at 1090 Million US$ in 2018 and is projected to reach 40200 Million US$ by 2025, at a CAGR of 57.0% during the forecast period.
A Smart Beacon is a small Bluetooth radio transmitter.Its kind of like a lighthouse: it repeatedly transmits a single signal that other devices can see.
Instead of emitting visible light, though, it broadcasts a radio signal that is made up of a combination of letters and numbers transmitted on a regular interval of approximately 1/10th of a second.
A Bluetooth-equipped device like a smartphone can see a beacon once its in range, much like sailors looking for a lighthouse to know where they are.Europe held the largest share of the smart beacon market in 2017 owing to the high traction of the beacon technology and growing need for technologically advanced marketing platforms among the end users to capture the shares in the respective markets.
Further, the market is still in a nascent stage in this region and has a lot of potential.
This report presents the worldwide Smart Beacon market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.