Latest research on Beacons Technology Market

Beacons Technology Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Beacons Technology Market Study" explored CAGR of %. According to the report, Demand for location-based marketing solutions is one of the primary growth factors for the market. The growing adoption of beacons for innovation in the business model is one of the significant factors for the growth of the beacon technology market is also expected to contribute significantly to the Beacons Technology market. Overall, applications of Beacons Technology, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Connectivity , such as Bluetooth Low Energy (BLE), is boosting the Beacons Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Verticals, such as Retail, is boosting the Beacons Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Beacon Standards, such as IBeacon, is boosting the Beacons Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Offering, such as Hardware, is boosting the Beacons Technology market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Beacons Technology market identified that the demand is rising in many different parts of the world as "Adoption of Smart Beacons in Logistics and Transportation". Furthermore, some recent industry insights like "In May 2020 Amazon.com Inc Jeff Bezos has invested in British UK digital freight forwarder Beacon startup, raised over USD 15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC. , Amazon is one of investors’ favorite technology stocks in 2020. Investors have flocked to Amazon shares. They realized that the pandemic created a huge demand for the company’s businesses. Overall, the pandemic boosted online shopping, which sent more retail customers to Amazon." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Beacons Technology market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Beacons Technology market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Beacons Technology Market Study

Data Triangulation
The overall Beacons Technology market size is calculated using market estimation process, the Beacons Technology market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Beacons Technology market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager