Bluetooth Beacon And Ibeacon Market Sales to Top US$ 37 Bn at a CAGR of 91.4% end of 2025

Bluetooth Beacon And Ibeacon Market 2022

The global Bluetooth beacon and iBeacon market is projected to grow at an enormous rate to reflect a CAGR of 91.4% throughout the forecast period to reach an estimation of more than US$ 37 Bn by the end of the assessment year (2025) from a Sale of about US$ 200 Mn in 2017.

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This report also analyzes the impact of Coronavirus COVID-19 on the Bluetooth Beacon And Ibeacon industry.

Understanding several aspects of the global Bluetooth beacon and iBeacon market, Persistence Market Research has presented a well-structured analysis on several trends, challenges, opportunities, restraints and drivers impacting the growth of the global market in its recent publication "Bluetooth Beacon and iBeacon Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)".  These aspects are studied across key regions of North America, Europe, Asia Pacific, Latin America and Middle East and Africa to get a realistic picture of the entire market. The exhaustive research study on global Bluetooth beacon and iBeacon market also covers detailed competitive scenario which can be used to gain insights to achieve competitive edge. An in-depth market segmentation helps to assess the value and volume projections of all segments for a period of eight years from 2017 to 2025.

Key Players:

The report has profiled some of the Important players prevalent in the global like - Texas Instruments Inc., Nordic Semiconductor ASA, Silicon Laboratories Inc., Onyx Beacon LTD, Estimote, Inc., Kontakt Micro-Location Sp. Z.o.o., BlueCats Australia Pty Limited, Gimbal, Inc., Blue Sense Networks Ltd., Accent Advanced Systems, SLU, Glimworm Beacons, Aruba Networks, Sensorberg Gmbh and Radius Networks, Inc and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Bluetooth Beacon And Ibeacon.                    

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Global Bluetooth Beacon and iBeacon Market: Dynamics

The global Bluetooth beacon and iBeacon market is influenced by several aspects such as implementation of beacons in retail stores to engage customers, consistent growth in smartphone technology, emergence of smart home automation, growing adoption of RTLS, increasing use of beacons in the hospitality sector, rising use of beacons in the industrial sector to enhance security measures, development of virtual beacons, growing penetration of internet, contactless payments and mobile marketing and increasing use of beacons in fleet management. These aspects have pushed the growth pace of the Bluetooth beacon and iBeacon market to a large extent. There are certain factors that can pose a challenge to the growth of the global market. Aspects such as problems associated with Bluetooth and less awareness are posing hindrances to the growth of the global market.

Global Bluetooth Beacon and iBeacon Market: Segmental Highlights

The global Bluetooth beacon and iBeacon market is segmented by technology (iBeacon, eddystone and others), by end user (retail and non-retail) and by region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa).

By region, the North America region is expected to be the largest region for Bluetooth and iBeacons. The market for Bluetooth and iBeacons in this region is anticipated to grow at a high 90.6% CAGR to reach a huge estimation that exceeds US$ 14 Bn by 2025.

Asia Pacific Bluetooth beacon and iBeacon market is projected to grow at a high CAGR of 95.4 % during the period of forecast

By technology, the iBeacon segment is expected to be highly lucrative and is estimated to reach a value exceeding US$ 26 Bn by the end of 2025. The eddystone segment is projected to grow at the highest pace to reflect a CAGR of 93% throughout the period of assessment

By end user, the retail segment is the largest owing to high adoption of beacons in the retail stores. The retail segment is poised to grow at a CAGR of 90.4% during the period of forecast to reach a value of more than US$ 19 Bn by the end of 2025. The non-retail segment has also caught high traction since few years and is projected to grow at a comparatively high CAGR of 92.5% during the 2017-2025 timeline

Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)

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Key Stakeholders
Bluetooth Beacon And Ibeacon Market Manufacturers
Bluetooth Beacon And Ibeacon Market Distributors/Traders/Wholesalers
Bluetooth Beacon And Ibeacon Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

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