The Bluetooth Beacons Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Bluetooth beacons are a type of short-range wireless communication technology. BLE beacons are ideal for applications that require a regular data transfer and need to save a lot of battery power. BLE beacon technology is being used in a variety of industries, including retail, travel & tourism, healthcare, and education, due to advantages such as high accuracy compared to existing geolocation technologies, low battery drain, and no need for an internet connection to communicate.
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Several factors influence the global Bluetooth beacon and iBeacon market, including the use of beacons in retail stores to engage customers, consistent growth in smartphone technology, the emergence of smart home automation, growing adoption of RTLS, growing use of beacons in the hospitality sector, rising use of beacons in the industrial sector to improve security measures, and the development of RTLS. These factors have driven the growth of the Bluetooth beacon and iBeacon markets significantly.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Bluetooth Beacons Market Report
By Type
- IBeacon
- Eddystone
By Application
- Proximity Marketing
- Asset Tracking
- Indoor Navigation
By Industry Vertical
- Retail
- Healthcare
- Travel & Tourism
- BFSI
- Oil & Gas
- Automotive
By Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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