openPR Logo
Press release

iBeacon And Bluetooth Beacon Market : Key Players, Growth, Analysis, 2016 - 2026

08-11-2017 12:00 PM CET | IT, New Media & Software

Press release from: Future Market Insights

iBeacon And Bluetooth Beacon Market : Key Players, Growth,

Global iBeacon and Bluetooth Beacon Market: Overview

Nowadays, the world is going through the third industrial revolution i.e. the smart infrastructure development built around the Internet of Things (IoT). Continuous technology advancement is a key factor for the revolution of the global stores and business sectors. Over the last decade, various technological advancements in the electronics and information technology have occurred rapidly resulting in the development of the global iBeacon and Bluetooth beacon market. iBeacon is a protocol which was originally developed by Apple Inc. Since then, other vendors also have made iBeacon-compatible hardware transmitters known as beacon. The technology enables tablets, smartphones and other devices to carry out activities such as to send or distribute messages and approximate location determination when there is nearness to an iBeacon. Both software and hardware components are involved in iBeacon technology. iBeacon is compatible with OS 7, iPod touch (5th generation) or later, iPad mini or later and iPad (3rd generation), iPhone 4s or later or later devices. Also, with Android 4.3+, Macintosh computers (OS X Mavericks 10.9 and Bluetooth) 4.0 and Windows Phone devices (Lumia Cyan update or above). Various applications offered by iBeacon and Bluetooth beacon include alert or push notification sending to iBeacon enabled device, whenever the iBeacon user is around a iBeacon-enabled retail shop (special offers), museum (sporting event/closest display), bus stop and other locations.Travel industries are undergoing through major deployments of beacon technology in airports and hotels. The iBeacons and Bluetooth beacons are intensively used in smartphones. Thus, the global iBeacon and Bluetooth beacon market is anticipated to witness significant CAGR during the forecast period.

Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1919

Global iBeacon and Bluetooth Beacon Market: Drivers and Restraints

Advancement in IT solutions such as Internet of Things (IoT), rising awareness about iBeacon technology, growing number of appcessories, low power requirement and low cost, growing smartphone usage and increasing purchasing power of consumers resulting in increased smartphone usage are some of the key factors propelling the growth of the global iBeacon and Bluetooth Beacon market.

However, with the use of iBeacons and Bluetooth beacon, users are expected to witness challenges related to limited transmit-only protocol (no bidirectional communications between two devices), frequency variance (do not have the same frequency and do not transmit signals of same power), privacy and security issues, fluctuation in signal accuracy due to weather conditions, device power, temperature and polling intervals. This limits adoption of iBeacons and Bluetooth beacon among users and restricts theglobal iBeacon and Bluetooth beacon market growth.

Global iBeacon and Bluetooth BeaconMarket: Segmentation

The global iBeacon and Bluetooth beacon market is segmented as follows:

Global iBeacon and Bluetooth BeaconMarket, by Component

Hardware
Software
Global iBeacon and Bluetooth BeaconMarket, by Technology Platform

iBeacon
Eddystone
Others
Global iBeacon and Bluetooth BeaconMarket, by End Use

Retail
Airports
Museum
Manufacturing & R&D
Transportation
Building & Infrastructure
Other physical locations (Sports, Arena, Trade Shows, Conferences, Hospitals, and Schools)
Global iBeacon and Bluetooth BeaconMarket: Regional Outlook

Geographically, the global iBeacon and Bluetooth beacon market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North America is the prominent contributor in the global iBeacon and Bluetooth beacon Market, owing to highest penetration of organized retail and growing adoption of iBeacon and Bluetooth beacon services. Western Europe & Eastern Europe collectively contribute significant share to the global iBeacon and Bluetooth beacon market. This is due to growing multichannel marketing and the product distribution in the retail industry across these regions. Also,Bluetooth beacon manufacturers are developing software apps for beacon as well as they are manufacturing beacon devices. Enormous market growth and high internet penetration, improvement in technology infrastructure are few factors boosting iBeacon and Bluetooth beacon market growth in MEA. In APEJ and Japan, countries such as India, China, Japan and Philippines are anticipated towitness robust adoption ofiBeacon and Bluetooth beacon. This is due to growing disposable income coupled with rising consumer awareness for iBeacon and Bluetooth beacon.

Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1919

Global iBeacon and Bluetooth BeaconMarket: Key Players

The key players in the global iBeacon and Bluetooth beacon Market are

Apple Inc.
Estimote, Inc.
Kontakt.io, Inc.
Gimbal, Inc.
BlueCats
Gelo Inc.
Blue Sense Networks
Glimworm Beacon
Sensorberg GmbH
Accent Advanced Systems, SLU.
Aruba

About Us –
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 iBeacon And Bluetooth Beacon Market : Key Players, Growth, Analysis, 2016 - 2026 here

News-ID: 665849 • Views: 179

More Releases from Future Market Insights

Vegan Marshmallows Market Size-Share with Top Companies, Regional Growth Rate, T …
The vegan food industry has witnessed spectacular gains in the past few years, owing to increasing realization amongst consumers about the perceived ill-effects on human health as a result of excessive animal based food products. The popularity of plant-based confectionery is an interesting trend in this regard. Bouyed by these factors, Future Market Insights (FMI), in its recently published study, opines that global vegan marshmallows market will grow at over
Vegan Protein Bars Market to Undertake Strapping Growth by the End 2028
According to a new study by Future Market Insights (FMI), the vegan protein bars market will surge at 12% CAGR between 2020 and 2028. Rising focus on health and wellness, soaring environmental concerns, and increasing awareness regarding animal cruelty have been fuelling the demand for vegan products worldwide. This is in turn is driving the vegan protein bars market, finds FMI. Vegan protein bars are nutritional bars created through plant based
Eggshell Membrane Powder Market To Raise Expressively With 10.5% CAGR By 2032
Newly released data from Eggshell Membrane Powder Market analysis by Future Market Analysis shows that the global eggshell market captured a market size of USD 125 Million in the year 2021 and is expected to grow at a CAGR of 10.5% by 2032. The Eggshell Membrane Powder Market is also expected to capture a market size of USD 200 Million during the forecasted period 2022-2032. The use of eggshell membrane as
Meat Substitutes Market To Forsee Commendable Growth of USD 9.7 Bn By 2032 | FMI
The meat substitutes market is anticipated to be worth USD 5.6 Bn in 2022. As per Future Market Insights (FMI), the overall market value is expected to reach a valuation of USD 9.7 Bn by 2032, rising at a CAGR of 5.6% for 2022-32. People's growing health consciousness is a significant growth driver in the market, driving up demand for vegetarian foods. In addition, rising environmental awareness about the environmental impact

All 5 Releases