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Smart Beacon Market| Estimates, Eyes Robust Growth Rate Ahead With Top Players Estimote, Aruba, Kontakt.Io, Cisco, Bluvision, Leantegra

01-27-2020 06:36 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights

Smart Beacon

Smart Beacon

A smart beacon is a proximity device, which transmits a signal with the help of Bluetooth low energy proximity sensing technology by using compatible application or operating system. When a smartphone or tablet is in the beacon's range, it detect the physical location of the device and tracks customer, then triggers allocation based notification on the device. For example, smart beacons are used in brick and mortar retail stores for mobile commerce to send notification regarding special offers to the customers.

The global smart beacon market has been segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America accounted largest share in the global smart beacon market in 2016. This is attributed to high penetration of smart beacon technology in end-user industries, which includes retail, public transportation, logistics, and hospitality.

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The main key players in the industry are-
Estimote, Aruba, Kontakt.Io, Cisco, Bluvision, Onyx Beacon, Leantegra, Gimbal, Accent Systems, Swirl Networks, Sensoro, Jaalee Technology, Beaconinside, Blesh, and Blueup.

Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)

Can we add or profile a new company according to our needs?
Yes, we can add or profile a new company according to customer needs in the report. Final confirmation should be provided by the research team depending on the difficulty of the investigation.
** The availability of data will be confirmed by research in the case of a private company. Up to 3 players can be added at no additional cost.

Eddystone standard segment is expected to hold largest market share in the global smart beacon market by 2025:

iBeacon standard accounted for the largest market share in the global smart beacon market in 2016, though, the Eddystone segment is expected to witness growth at a significant rate and is forecast to dominate the market over the forecast period. This is owing to Eddystone offering extended functionality beyond iBeacon. Eddystone has four packets as a part of Bluetooth connectivity signal, including Eddystone-UID, Eddystone-URL, Eddystone-TLM, and Eddystone-EID. These features aid in providing more accuracy in performance than iBeacon. Eddystone can guide customers by providing most relevant information based on their behavior, choice, priority, location, and buying habits.

iBeacon and Eddystone are two most significant protocols used in smart beacon. iBeacon is developed by Apple, Inc. and is iOS compatible. iBeacon functions in iPhones and iPads. For instance, in 2013 Apple, Inc. activated iBeacon across 254 stores in the U.S. Eddystone was launched by Google LLC in 2015 and it is now highly adopted in the market. It is specially developed for Android users.

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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