UK beacon technology market is estimated to grow at an impressive rate during the forecast period. Increasing implementation of connected intelligent urban mobility, ubiquitous geolocation technologies, the emergence of new positioning technologies and multi-sensor positioning systems, and location-based marketing and advertising are the factors playing a pivotal role in the market growth in the region. The utilization of beacon technology-based systems in retail has gained significant prominence in the last few years with multiple retailers implementing indoor positioning and indoor navigation systems in their stores to bring improved customer experience and much more.
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In UK, several technologies such as Wi-Fi-based positioning, ultra-wideband indoor positioning, and Bluetooth beacon positioning, in particular, have been gaining prominence. These technologies are incorporated for positioning solutions. For instance, in 2017, 2,000 battery-powered beacons were placed in Gatwick Airport, London, to generate indoor navigation and provide location data to customers traveling through. The beacon positioning allows customers to turn on an AR (augmented reality) application to follow the arrows shown on the camera’s view, as well as translate signs into different dialects. The system at London airport reportedly supported the positioning with the accuracy of +/- 3m.
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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
Market Segmentation
UK Beacon Technology Market by Beacon Protocol
- iBeacon
- Eddystone
- AltBeacon
- Others (GeoBeacon)
UK Beacon Technology Market by Location Technology
- Bluetooth Low Energy (BLE)
- Wi-Fi
- Ultrasound
- Others (Combined Technology)
UK Beacon Technology Market by Application
- Retail
- Healthcare
- BFSI
- Logistics and Warehouses
- Others (Travel, Tourism & Hospitality)
Company Profiles
- Accent Advanced Systems, SLU
- Apple Inc.
- BlueCats
- Cisco Systems, Inc.
- Estimote, Inc.
- GeLo, Inc.
- Glimworm Beacons
- Google LLC
- Hewlett Packard Enterprise Development LP (Aruba Networks, Inc.)
- JAALEE Technology Co., Ltd.
- io
- Leantegra Inc.
- Osram Licht AG
- Qualcomm Inc.
- Sensorberg GmbH
- Sensoro Co., Ltd.
- Signal 360, Inc.
The Report covers:
- Comprehensive research methodology of the UK Beacon Technology market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK Beacon Technology market.
- Insights about market determinants which are stimulating the UK Beacon Technology market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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