Beacon Technology Market Growth, Industry Analysis | Global and Regional Market Forecast to 2024-2027

September 6, 2021

The increasing IoT penetration and growing government initiatives to improve the retail industry are driving the demand for the market.

Market Size – USD 2.10 Billion in 2019, Market Growth – CAGR of 44.1%, Market Trends – The rise in the adoption of advanced operational technology in several industries.

The latest report provides detailed insights into Beacon Technology market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Beacon Technology market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Beacon Technology market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic Beacon Technology markets, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits.

Top key vendors in Beacon Technology Market include are:

Key participants include Apple Inc., Sensorberg GmbH, Gimbal, Inc., Google Inc., Texas Instruments Inc., KS Technologies, LLC, Radius Networks Inc., Kontakt.io, Swirl Networks, Inc., and Estimote Inc., among others.

Emergen Research has segmented the global Beacon Technology Market on the basis of deployment, platform, technology end-use, and region:

Deployment Outlook (Revenue, USD Billion; 2017-2027)
- Cloud
- On-premises

Platform Outlook (Revenue, USD Billion; 2017-2027)
- Eddystone
- iBeacon
- AltBeacon

Technology Outlook (Revenue, USD Billion; 2017-2027)
- Wi-Fi
- Bluetooth Low Energy
- Ultrasound
- Others

End-Use Outlook (Revenue, USD Billion; 2017-2027)
- Healthcare
- Real-estate
- Aviation
- Banking
- Hotels
- Retail
- Education
- Others

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Beacon Technology Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Beacon Technology industry

North America Beacon Technology market growth registered a significant incline in 2020 and this is having major impact on market growth of other major regions. In addition, North America Beacon Technology market growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall Beacon Technology market trends, and this is expected to continue to support market growth in North America.

Asia Pacific Beacon Technology market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Beacon Technology market growth in 2020, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Beacon Technology market growth in Asia Pacific.

Europe Beacon Technology market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Beacon Technology market trends in countries in other major regions.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/233

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Beacon Technology industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Beacon Technology market across different regions?
Who are the major driving forces expected to decide the fate of the Beacon Technology industry worldwide?
Who are the prominent market players making a mark in the Beacon Technology market with their winning strategies?
Which Beacon Technology industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Beacon Technology market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Beacon Technology Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Beacon Technology Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2024-2028