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Beacons Management Software Market Worth $6,516 million by 2024 - Aruba by HP, Beaconinside GmbH, BlueCats, Estimote, Inc., Glimworm Beacons, Kontakt.io

07-30-2018 08:38 PM CET | IT, New Media & Software

Press release from: Allied Market Research

beacons management software market

beacons management software market

The global beacons management software market was valued at $1,979 million in 2017, and is projected to reach at $6,516 million by 2024, growing at a CAGR of 18.70% from 2018 to 2024.

Access Full Summary at : https://www.alliedmarketresearch.com/beacons-management-software-market

Rise in need for managing multiple beacons deployed in commercial spaces or retail stores, penetration of IoT, increase in automation of building management, and increase in adoption of beacons technology drive the global beacons management software market. In addition, the evolving smart cities are expected to create numerous opportunities for the growth of the market. However, limitations on beacons deployment hampers the beacons management software market growth.

Based on end user, the retail segment led the beacons management software market in 2017, and is projected to maintain its dominance in the future. However, the non-retail segment is expected to witness the highest growth, owing to its increased adoption due to different initiatives taken by countries to develop the smart cities where these beacons are used extensively creating the demand for beacons management software.

Rise in number of smart city initiatives and increased scope for retail market among developing economies of Asia-Pacific are expected to drive the beacons management software market demand in this region during the forecast period.

Do Purchase Inquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/4626

The global beacons management software market was led by the North America in 2017 and is projected to maintain its dominance during the forecast period. However, the Asia-Pacific is anticipated to witness the fastest growth registering a CAGR of 23.7% during the forecast period.

Key Findings of the Beacons Management Software Market:

• The service segment is expected to exhibit significant increase in the global beacons management software market during the forecast period.
• In 2017, the retail segment accounted for the highest revenue among the other end user.
• North America generated the highest revenue in 2017.
• Asia-Pacific is projected to exhibit substantial growth during the forecast period.

Key Market Players

• Aruba by HP
• Beaconinside GmbH
• BlueCats
• Estimote, Inc.
• Glimworm Beacons
• Kontakt.io
• MobStac, Inc.
• Quuppa Oy
• Relution Inc.
• Sensoro Co., Ltd.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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