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Germany Beacon Technology Market Size, Trends, Growth and Industry Report to 2025

05-08-2020 12:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The Germany beacon technology market is estimated to grow at an impressive rate during the forecast period. Increasing implementation of connected intelligent urban mobility, ubiquitous geolocation technologies, the emergence of new positioning technologies and multi-sensor positioning systems, and location-based marketing and advertising are the factors playing a pivotal role in the market growth in the region. The utilization of beacon technology-based systems in retail has gained significant prominence in the last few years with multiple retailers implementing indoor positioning and indoor navigation systems in their stores to bring improved customer experience and much more. For instance, in 2017, Edaka Paschmann, a supermarket located at Dusseldorf, Germany, became the first store in the country to implement indoor positioning technology.

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The Germany beacon technology market is segmented on the basis of beacon protocol, location technology, and application. On the basis of the beacon protocol, the market is segmented into iBeacon, Eddystone, AltBeacon, and others. Based on the location technology, the market is classified into BLE, Wi-Fi, Ultrasound, and Others. On the basis of application, the market is classified into retail, healthcare, BFSI, logistics and warehouses, and others. Retail sector is estimated to dominate the market over the forecast period. As online shopping is dominating retail shopping, indoor location-based analytics is one fine way used by the brick-and-mortar retailers to encourage the foot traffic.

A Full Report of Germany Beacon Technology Market is Available at: https://www.omrglobal.com/industry-reports/germany-beacon-technology-market

Furthermore, the market is characterized by the presence of several players including Google LLC, Apple Inc., Qualcomm Inc., Cisco Systems Inc., Hewlett Packard Enterprise Development LP (Aruba Networks, Inc.), Estimote Inc., Kontakt.io, Osram Licht AG, Signal 360, Inc., and many others.

Market Segmentation

Germany Beacon Technology Market by Beacon Protocol

iBeacon
Eddystone
AltBeacon
Others (GeoBeacon)

Germany Beacon Technology Market by Location Technology

Bluetooth Low Energy (BLE)
Wi-Fi
Ultrasound
Others (Combined Technology)

Germany Beacon Technology Market by Application

Retail
Healthcare
BFSI
Logistics and Warehouses
Others (Travel, Tourism & Hospitality)

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/germany-beacon-technology-market

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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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