Press release
Beacon Technology Market Outlook To 2024 - Key Companies: Apple, Google, Texas Instruments, Kontakt.io, Swirl Networks, Sensorberg, BlueCats, Estimote, Gimbal, KS Technologies
beacon technology market
Having been chronicled as one of the most opportunistic business spheres for potential investments, the growth chart of beacon technology market is forecast to be exponential over the coming seven years. Beacon technology market to exceed a valuation of USD 25 billion by 2024. The technology has been creating a buzz since for a while now, particularly post the introduction of Apple's first Bluetooth based ibeacon protocol in the year 2013. How beacon technology is making a head way across myriad end-use domains in a comparatively short span has been a subject of contention for tech investors.
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Speaking of the competitive landscape, beacon technology industry is undergoing an inflection point, where the business space is transiting from a consolidated structure to a rather fragmented or shared model.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Accent Systems
2. Apple Inc.
3. Beaconinside
4. BlueCats
5. Blue Sense Networks
6. Estimote Inc.
7. Gimbal
8. Glimworm Beacons
9. Google Inc.
10. Kontakt.io
11. KS Technologies
12. Madison Beacons
13. Onyx Beacon
14. Radius Networks Inc.
15. RECO
16. Swirl Networks
17. Sensorberg
18. Texas Instruments
Ever since its inception in the mainstream tech cosmos, beacon technology market has been gaining widespread recognition, on account of the fact that beacons possess the exceptional ability to promptly send radio frequency signals to transmit information by notifying Bluetooth devices about their presence. Supported by high-grade technologies such as Bluetooth, Wi-Fi, digital signage, wireless charging, and the like, beacons have emerged as the go-to mechanism for most of the industrial verticals, by enabling location-based messaging functions for detecting mobile devices.
Elaborating further, HID Global's beacon-based IoT division, Bluvision, has scarcely released a new product - the BEEKs Mini Tamper Proof Tag. A small-sized, compact, and affordable beacon, the Mini Tamper Proof Tag has been suitably designed to issue alerts when an attempt is made to detach it from the product it has been attached to. The beacon is touted to be an exceptional one that would commendably impel the product landscape of beacon technology market.
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