Latest research on Smart Beacon Market

Smart Beacon Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Smart Beacon Market Study" explored CAGR of %. According to the report, Growing Adoption of Smartphones is one of the primary growth factors for the market. Growing Need for Spatial Data to be used in Analytics is also expected to contribute significantly to the Smart Beacon market. Overall, Retail applications of Smart Beacon, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Offering Type, such as Hardware (Standard Beacon, Card Beacon, Sticker Beacon), is boosting the Smart Beacon 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 Standard, such as IBeacon, is boosting the Smart Beacon 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 Smart Beacon market identified that the demand is rising in many different parts of the world as "Rising Adoption of Smart Beacons in Logistics and Transportation ". Furthermore, some recent industry insights like "On 7th June 2019, Nokia launched a new version of the router called the Beacon 1, it's a singular device that can act as either a router or a beacon for other devices in a mesh network. It’s also “self-healing,” which means it automatically executes channel-switching when the network connection is shoddy." 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 Smart Beacon 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 Smart Beacon 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 Smart Beacon Market Study

Data Triangulation
The overall Smart Beacon market size is calculated using market estimation process, the Smart Beacon 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 Smart Beacon market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager