Smart Beacon Market : Study on Key Players | Fujitsu Components Ltd., Aruba Networks (Hewlett Packard Enterprise Development LP), HID Global Corporation (ASSA ABLOY), Leantegra Inc., Sensoro Co. Ltd., Radius Networks, Kontakt.io, Cisco

The global smart beacon market is expected to witness a robust growth rate of more than 34.3% during the forecast period. Smart beacons are small, wireless transmitters and micro location-based technology devices that use Bluetooth technology to send signals to other smart devices nearby. The smart beacon detects the location of the devices and then starts tracking. They are widely used in various industries including retail, hospitality, transportation and logistics, education, and others. The market growth is attributed to the growing need for spatial data for analytics, growth in proximity marketing, increasing adoption of smartphones, and the development of advanced communication technologies like smart wearables.

Market Segmentation

The global smart beacon market has been analyzed on the basis of component, standard, connectivity type, end use, and region. based on component, the market is segmented into hardware, software, and services. Among these, hardware segment is estimated to hold a prominent share while service segment is projected to exhibit considerable growth during the forecast period. Based on standard, the market is bifurcated into iBeacon and eddystone. Among these, iBeacon is estimated to hold a prominent share in the market.

Download Free PDF Sample of Smart Beacon Market report @ https://www.themarketinsights.com/request-sample/265120

Based on connectivity type, the market is segmented into Bluetooth Low Energy (BLE), Wi-Fi, and hybrid. BLE segment held the dominant share in the market. Further, on the basis of end use, the market covers the analysis of retail, transportation & logistics, aviation, healthcare, BFSI, automotive, and others. Retail segment is estimated to hold a significant share in the market. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.

Market Structure and Competition Landscape

The growth of the global smart beacon market is characterized by the presence of players operating in the market. Some of the players operating in the market include Fujitsu Components Ltd., Aruba Networks (Hewlett Packard Enterprise Development LP), HID Global Corporation (ASSA ABLOY), Leantegra Inc., Sensoro Co. Ltd., Radius Networks, Kontakt.io, Cisco System Inc., Tuya Inc., Estimote Inc., JAALEE Technology Co. Ltd., Accent Advanced Systems SLU, and others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Collaborations and product launches are some of the key strategies followed by industry players. Some of the key developments in the global smart beacon market include:

In July 2021, China-based Tuya Inc. launched Tuya Beacon, a developer-friendly Bluetooth protocol to empower the intelligent upgrade and transformation of smart devices with location-based technology.

In March 2019, Estiomote released a new generation of proximity beacons that have a Bluetooth 5 chip, long-lasting batteries, temperature monitoring, RGB-color LED for configuration feedback, and AR VLC, among other features.

Report Customization available as per requirements Request Customization@ https://www.themarketinsights.com/request-customization/265120

Table of Content

Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation

Chapter Two: Assumptions and Acronyms

Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends

Chapter Four: Research Methodology

Chapter Five: Analysis of COVID-19 Impact and Road Ahead

To Check Discount @ https://www.themarketinsights.com/check-discount/265120

Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players expenditures, economic conditions, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis

Chapter Seven: Government Laws and Industry Regulations

Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities

Chapter Nine: Global Smart Beacon Market: Key Investment Analysis

Contact us

Jessica Joyal
Contact No. +16146022897
Email: sales@themarketinsights.com
Website: www.themarketinsights.com

About us

Delivering foresights along with statistical analysis of the operational business industry impacts has been our foremost priority. With the constant developments in the research & development industry, we have always challenged the conventional research methodologies and discovered new research tactics to evolve the growing B2B requirements.

This release was published on openPR.