Press release
Beacon Market Set to Grow According to forecasts 2020-2027 With Key Players Such as Cisco, Inc., Aruba (Hewlett Packard Enterprise Development LP), Kontakt.IO, Accent advanced systems, SLU
Beacon market
Beacon is a small wireless device which is used to broadcast the signals through technology such as Bluetooth Low Energy (BLE). The device is used to transmit the data to different devices within a particular range. Adoption of the beacon is accountable for surging demand for the advanced electronic devices among tech-savvy youth such as tablets, smartphones. As beacons offer different forms of interaction and data capture in physical places, usage of the beacon is increasing in new businesses. Henceforth, these factors are responsible to drive the beacon market.
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Leading companies profiled in the report include are Cisco, Inc., Aruba (Hewlett Packard Enterprise Development LP), Kontakt.IO, Accent advanced systems, SLU, Swirl networks Inc., Gimbal, Inc., Bluvision Inc., Estimote, Inc., Onyx beacon Ltd., and Beaconinside GmbH among others.
Increase in the concern for data security and privacy is further anticipated to restrict the growth of beacon. Nonetheless, demand for better tracking and precision planning in multiple application areas is expected to fuel the beacon market. Moreover, a boost in organized retail function offers sufficient opportunities for growth in the forthcoming period.
The report highlights key growth strategies adopted by these players of the Beacon industry, including details such as financial overview, product/ services offered, notable developments, and SWOT analysis.
Market Segmentation:
By Component:
o Software
o Hardware
o Services
By Connectivity:
o Bluetooth Low Energy
o Hybrid
By Technology:
o Eddystone
o IBeacon
By Verticals:
o Public Spaces
o Retail
o Transportation & Logistics
o Travel & Tourism
o Healthcare
o Aviation
The Beacon market is segmented based on a, b, and c. The report features exhaustive PEST analysis for five major regions, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (S&CAM). The report covers forecasts of 18 major countries along with existing trends and opportunities within these regions.
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
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