ReleaseWire

Beacon Technology Market Next Big Thing : Major Giants- BlueSense, Estimote, Accent Systems

Posted: Wednesday, June 21, 2023 at 10:42 AM CDT

NJ New Jersey, USA -- (SBWire) -- 06/21/2023 --Latest Study on Industrial Growth of Global Beacon Technology Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Beacon Technology market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

Major Players in This Report Include:
BlueCats (Australia), BlueSense (United Kingdom), Estimote (United States), Accent Systems (Spain), GeLo (United States), Glimworm Beacons (Netherlands), Gimbal (United States), Kontakt.io (United States), Sensorberg (Germany), Sonic Notify (United States)

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Beacon technology is a wireless transmitter that uses low energy Bluetooth technology to send signals to other smart devices. The beacon technology majorly used as location-based technology. This market is reaching a maturity point in the United States majorly in the retail sector. In technical aspects beacons are getting major attraction in contrast to other solutions, it is used for both proximity detection and location estimation. This market has strong growth potential due to the high development in IoT technology.

Market Trend:
Increase adoption of beacon technology for a cross-channel and omnichannel shopping experience
Advancement of the beacon with artificial technology

Market Drivers:
Rising demand for Personalized Shopping Experience on Mobile Devices
Increase the penetration of internet of things across the globe
Increase demand for customizing IT infrastructure

Challenges:
The requirement of multiple permissions needed to make Beacons work

Opportunities:
Increase demand from the banking sector for providing personalized product offering, branch analytics, and others
Increase number of hypermarket create strong opportunity for beacon provider to track customers in-store environment

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In this research study, the prime factors that are impelling the growth of the Global Beacon Technology market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The Beacon Technology market study is being classified by Application (Indoor positioning and Navigation, Retail, Employee attendance and tracking, Facilities Management, Logistics and Transport, Healthcare, Others (Payments, Healthcare)), Deployment Mode (On-Premise, Cloud), Platforms (IBeacon, Eddystone, AltBeacon)

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Beacon Technology market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

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Extracts from Table of Contents
Beacon Technology Market Research Report
Chapter 1 Beacon Technology Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
………………….continued

This report also analyzes the regulatory framework of the Global Markets Beacon Technology Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.