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Smart Beacon Market 2019-2025, by Aruba, Cisco, Bluevision, Onyx Beacon, and others.

Smart Beacon
Press Release

Global Smart Beacon Market valued approximately USD 1.6 billion in 2016 is anticipated to grow with a healthy growth rate of more than 69.8% over the forecast period 2017-2025. Smart beacon enables faster connectivity to the mobile devices or tablets available within the range of beacon, using bluetooth technology. The growing penetration of smart phones and increasing demand for data analytics from various end user sectors is driving the market growth.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

Beacon Standard:
Ibeacon
Eddystone
Others
Connectivity Type:
Bluetooth Low Energy
Hybrid

Offering:
Hardware
Software
Service

End-Use:
Retail
Hospitality
Transportation & Logistics
Public Gatherings and Spaces
Sports
Healthcare
Banking, Financial Services, and Insurance (BFSI)
Automotive
Aviation
Education
Others

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Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are:

Aruba, Cisco, Bluevision, Onyx Beacon, and others. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

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