Press release
Smart Beacon Market Expected to Reach $103.94 Billion By 2030 at 37.7% CAGR | Growth Opportunities and Business Strategies
Smart Beacon Market
As per the report published by Allied Market Research, the global smart beacon market generated $3.28 billion in 2020, and is estimated to reach $103.94 billion by 2030, witnessing a CAGR of 37.7% from 2021 to 2030. The report provides a detailed analysis of drivers & opportunities, key segments, competitive landscape, major investment pockets, and key players.
Download Sample Pages @ https://www.linkedin.com/feed/update/urn:li:activity:6861529378275278848
Avinash Savekar, Lead Analyst, Semiconductor and Electronics at Allied Market Research, stated, "The worldwide smart beacon market size is expected to observe significant growth throughout the forecast period, attributing to the rise in advance communication technologies, rise in adoption of smart devices such as smartphones and tablets, and surge in investments in proximity marketing. In addition, increase in the organized retailing sector is projected to open new opportunities for the global smart beacon market.”
Access Full Summary @ https://www.alliedmarketresearch.com/smart-beacon-market-A13114
COVID-19 Scenario:
1. The Covid-19 pandemic has impacted global economies due to workforce & travel restrictions, supply chain & production interruptions, and declined demand & spending across the global smart beacon market.
2. The global smart beacon market observed a decline in its growth due to postponed development projects.
3. The market witnessed rise in demand from the healthcare sector during the pandemic.
The key factors which propel the global smart beacon market growth are rise in advanced digital communication technologies, increase in investments in proximity marketing, and growth in the rate of adoption of smart devices. On the other hand, the lack of availability of technological resources and increase in concerns towards privacy & security hinder smart beacon market growth. However, increase in the organized retailing sector is expected to create many opportunities for the market.
Download Brochure:
https://www.facebook.com/alliedmarketresearch/photos/2074376169392269
The report segments the global smart beacon market on the basis of standard type, end-use, connectivity, and region. On the basis of end use, the retail segment contributed more than half of the total market share in 2020, and is projected to dominate the market during the forecast period. However, the education segment is anticipated to maintain the highest CAGR of 49.3% from 2021 to 2030.
In terms of standard type, the iBeacon segment held the largest market share in 2020, holding nearly half of the total market share. However, the Eddystone segment is estimated to manifest the highest CAGR of 38.6% from 2021 to 2030.
Based on region, North America contributed to nearly half of the total market share in 2020, and is estimated to lead the market by 2030. However, Asia-Pacific is expected to witness the highest CAGR of 42.5% from 2021 to 2030.
Sample Insight: https://twitter.com/Allied_MR/status/1455549429960806412
Key leading players of the Global smart beacon market include Fujitsu Components Ltd. (Japan), Kontakt.io (U.S.), Radius Networks (U.S.), Estimote (U.S.), Cisco System (U.S.), JAALEE Technology (China), Leantegra Inc. (U.S.), Accent Systems (Spain), HID Global (U.S.), and Sensoro Co. Ltd. (China).
Similar Reports:
Smart Office Market Expected to Reach $90.63 Billion By 2030
Smartwatch Market Projected to Hit $96.31 Billion By 2027
Smart Meter Market Anticipated to Grow $39.20 Billion By 2027
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Allied Market Research:
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 offer business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Beacon Market Expected to Reach $103.94 Billion By 2030 at 37.7% CAGR | Growth Opportunities and Business Strategies here
News-ID: 2471572 • Views: …
More Releases from Allied Market Research
Cattle Feed Market Size worth USD 78.3 Billion Globally, by 2027 at a CAGR of 4. …
Cattle feed market size was estimated at $73.5 billion in 2019, and is expected to hit $78.3 billion by 2027, and registering with a CAGR of 4.4% from 2021 to 2027.
Replacement of traditional cattle feed with nutritionally balanced compound feed and livestock industrialization drive the growth of the global cattle feed market. On the other hand, challenges related to the gap between demand and supply of cattle feed act as…
Luxury Travel Market Size to Hit US$ 2149.7 billion by 2035 at 7.4% CAGR
According to a new report published by Allied Market Research, titled, "Luxury Travel Market," The luxury travel market size was valued at $890.8 billion in 2023, and is estimated to reach $2149.7 billion by 2035, growing at a CAGR of 7.4% from 2024 to 2035.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/1662
Luxury travel refers to travel experiences that offer exceptional comfort, exclusivity, and personalized services, typically catering to…
Hotel Toiletries Market is likely to expand US$ 50.5 billion at 10.8% CAGR by 20 …
The hotel toiletries market was valued at $17.9 billion in 2021, and is estimated to reach $50.5 billion by 2031, growing at a CAGR of 10.8% from 2022 to 2031.
Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/75060
There is a greater demand for hotel toiletries with the growth of the tourism industry and the rise in international travel. Improved transportation, economic growth, globalization, technology advancements, and other initiatives have…
FMCG Industry Set to Achieve a Valuation of US$ 18,939.4 billion, Riding on a 5. …
According to a new report published by Allied Market Research, titled, "FMCG Market by Product Type, Production Type, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2031," the global FMCG market size is expected to reach $18,939.4 billion by 2031 at a CAGR of 5.1% from 2022 to 2031.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/5148
Fast-moving consumer goods (FMCG) is the largest combination of consumer goods…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
