The study covers a detailed analysis segmented by key business segments i.e. and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Proximity as a services market throughout the predicted period.
What is Proximity as a services?
Proximity as a services that distributes hyper local data by a device enters a specific area or detect the presence of nearby objects without any physical contact in between them. Proximity services helps to find people in the area that are using the same apps as you, allowing for data sharing and conversation starter without the data path being routed via the network infrastructure. In addition, proximity services networks are self-organizing, highly dynamic and facilitate effective real-time communication. It is a safe and secure way of transpiring the data.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Proximity as a services market analysis report suggests strategies Players can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, including:
- Google Inc. (United States)
- Apple Inc. (United States)
- Microsoft Corporation (United States)
- Bleesk (United States)
- GroundTruth (United States)
- HID Global (United States)
- Knorex, Inc. (California)
- Proxama PLC (Location Sciences Group PLC) (United Kingdom)
- PROXIMITY MARKETING (United States)
- Qualcomm (United States)
Market Overview:
In August 2021- Digital Development Company 10Pearls is expand proximity as a service platform by acquisition of a nearshore software development outsourcing company based in Costa Rica.
Some major players launching of Proximity, a mobile marketing platform that works with beacon technology, will enable a more direct relationship between brands and consumers while giving marketers a viable alternative to ever-popular iBeacon in an enlarged beacon marketplace.
Market Trend
Increasing trends of wearable devices, smart homes and others.
Restraints
- Connectivity problem in network.
Opportunities
Growing geo-fencing and beacons technologies.
Key highlights of the Global Proximity as a services market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Proximity as a services market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Proximity as a services market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Proximity as a services Players
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Proximity as a services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Proximity as a services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, End user industries and Semiconductor manufacturer.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.