Smart Beacon market was valued at 1090 Million US$ in 2018 and is projected to reach 40200 Million US$ by 2025, at a CAGR of 57.0% during the forecast period.
A Smart Beacon is a small Bluetooth radio transmitter.
Its kind of like a lighthouse: it repeatedly transmits a single signal that other devices can see. Instead of emitting visible light, though, it broadcasts a radio signal that is made up of a combination of letters and numbers transmitted on a regular interval of approximately 1/10th of a second. A Bluetooth-equipped device like a smartphone can see a beacon once its in range, much like sailors looking for a lighthouse to know where they are.
Europe held the largest share of the smart beacon market in 2017 owing to the high traction of the beacon technology and growing need for technologically advanced marketing platforms among the end users to capture the shares in the respective markets. In addition, Europe is an early adopter of the technology, and the customers in this region have accepted the technology seamlessly. APAC is expected to witness significant growth due to the growing traction of the beacon technology in China and Australia. Further, the market is still in a nascent stage in this region and has a lot of potential.
In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Beacon.
This report presents the worldwide Smart Beacon market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
Smart Beacon Breakdown Data by Type
Smart Beacon Breakdown Data by Application
Smart Beacon Production by Region
The study objectives are:
In this study, the years considered to estimate the market size of Smart Beacon :
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Beacon market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
CONTACT US:
276 5th Avenue, New York , NY 10001,United States
International: (+1) 646 781 7170
Email: help@24marketreports.com
Follow Us On linkedin :- https://www.linkedin.com/company/24-market-reports
Please complete the following requested information to flag this post and report abuse, or offensive content. Your report will be reviewed within 24 hours. We will take appropriate action as described in Findit terms of use.