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What's Driving the Market Growth for Beacon Industry | Advanced system, SLU., Apple Inc., BlueCats, Blue Sense Networks, Estimote, Inc., Gelo, Glimworm Beacons, Gimbal

03-30-2020 05:42 AM CET | IT, New Media & Software

Press release from: Allied Market Research

What's Driving the Market Growth for Beacon Industry | Advanced

According to a recent report published by Allied Market Research, titled, Beacon Market by Type, Technology and Application: Global Opportunity Analysis and Industry Forecast, 2018-2024, the global beacon market was valued at $626.5 million in 2017, and is projected to reach at $14,838.8 million by 2024, growing at a CAGR of 61.5% from 2018 to 2024.

Among the analyzed geographical regions, North America account for the highest revenue in the global market throughout the forecast period. However, Asia-Pacific is expected to grow at a higher growth rate, attributed to increase in investment in proximity marketing globally.

Download PDF Sample: https://www.alliedmarketresearch.com/request-sample/4668

Advanced system, SLU., Apple Inc., BlueCats, Blue Sense Networks, Estimote, Inc., Gelo, Glimworm Beacons, Gimbal, Kontakt.io, and Beaconinside GmbH are key players that occupy a significant revenue share in the market.

Drivers

Increasing investments in proximity marketing
Enhanced features of beacons

Restraint

Growing concerns regarding privacy and security.

Opportunity

Upsurge in organized retailing

Interested? Inquire before Buy: https://www.alliedmarketresearch.com/purchase-enquiry/4668

BEACON MARKET, BY TYPE

4.1. Overview
4.2. iBeacon

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Eddystone

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

4.4. AltBeacon

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

4.5. Others (Paypal, GeoBeacon, Samsung proximity)

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country

Browse this Report Preview: https://www.alliedmarketresearch.com/beacon-market

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Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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. 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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