What is Smart Beacon Market Scope?
Smart Beacon are the small devices that used low Bluetooth energy technology, so that they can provide signals to other smart devices which are nearby, in order to provide information. Moreover, the rising adoption of smartphones and the cumulative emphasis on business intelligence to increase competitive benefits are driving the growth of the market. Furthermore, smart beacons are majorly being used to produce spatial data which is used in analytics, hence which is also contributing to the growth of the smart beacon market. The demand for smart beacons across various applications in the logistics and transportation end-users is expected to grow at a high rate over the next 6 years.
The Smart Beacon market study is being classified by Type (Bluetooth Low Energy (BLE) and Hybrid), by Application (Retail, Public Gatherings & Spaces, Hospitality, Transportation & Logistics, Sports, Aviation, Healthcare and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Smart Beacon market throughout the predicted period.
Estimote (United States), Aruba (United States), Kontakt.io (Poland), Cisco (United States), Bluvision (United States), Onyx Beacon (Romania), Leantegra (United States), Gimbal (United States), Accent Systems (Spain) and Swirl Networks (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sensoro (United States), JAALEE Technology (China), Beaconinside (Germany), Blesh (United States) and BlueUp (Italy).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Smart Beacon market by Type, Application and Region.
On the basis of geography, the market of Smart Beacon has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
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.
Influencing Market Trend
- Growing Adoption of Smartphones
- Rising Acceptance of Smart Devices in Day to Day Life
Market Drivers
- Growing Need for Spatial Data to be used in Analytics
- Increasing Focus on Business Intelligence to gain Competitive Advantage
Opportunities
- Rising Adoption of Smart Beacons in Logistics and Transportation
- Growing Need for Technologically Advanced in Marketing Platforms among the End Users are Boosting the Market
Restraints
- Growing Trend among Offline Stores to Opt for Online Platforms in Retail Sector
Challenges
- Restricted Sensing Capabilities due to Limitations in Underlying BLE Technology
- Issues Related Towards the Security & Privacy
Key Target Audience
Smart beacon end users, Smart beacon providers, Smart beacon distributors, Research organizations and consulting companies, Associations, organizations, forums, and alliances related to smart beacons and Others
Customization available in this Study:
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