Smart Beacon Market is expected to reach USD 19,805.5 Million by 2025 from USD 770.3 Million in 2017, at a CAGR of 56% between 2018 and 2027.
The market is growing as the adoption of smartphones increases and interest in business intelligence to gain a competitive advantage is increasing. In addition, smart beacons are increasingly being used to generate spatial data for analysis, which is also contributing to market growth. The demand for smart beacons in various applications of logistics and transportation end users is expected to increase at a high rate over the next six years. Retail end users accounted for the largest share of the market in 2016.
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The market, in this report, has been segmented as follows:
By Beacon Standard:
- iBeacon
- Eddystone
- Others
By Connectivity Type:
- Bluetooth Low Energy (BLE)
- Hybrid
By Offering:
- Hardware
- Software
- Service
By End Use:
- Retail
- Public Gatherings & Spaces
- Hospitality
- Transportation & Logistics
- Sports
- Aviation
- Healthcare
- Automotive
- Bank, Financial Services, Insurance (BFSI)
- Education
- Others
A full report of Global Smart Beacon Market is available at: https://www.orionmarketreports.com/smart-beacon-market/39858/
Scope of the Report
The research study analyzes the global Smart Beacon industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Beacon Market Report
1. What was the Smart Beacon Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Smart Beacon Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smart Beacon Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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