Bluetooth Beacon And Ibeacon Market
Request Sample: https://www.persistencemarketresearch.com/samples/19366
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: Forecast Highlights
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 valuation of about US$ 200 Mn in 2017.
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
Download TOC: https://www.persistencemarketresearch.com/toc/19366
Global Bluetooth Beacon and iBeacon Market: Competitive Assessment
The global Bluetooth beacon and iBeacon market research report has covered in-depth analysis on key players operating in the market. Key strategies, developments and innovations, product portfolio, mergers and acquisitions, geographical spread and key financials of major players in the Bluetooth beacon and iBeacon market such as 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., have been systematically crafted in this research report.
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
305 Broadway,7th Floor
New York City, NY 10007
+1 800-961-0353 (USA-Canada Toll free)
This release was published on openPR.
Permanent link to this press release:
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 Bluetooth Beacon And Ibeacon Market here
News-ID: 825357 • Views: 578
More Releases from Persistence Market Research
The 4G LTE Devices Market To Witness An Innovative Statute
In terms of value, the global 4G (LTE) devices market is projected to register an astronomical CAGR of 16.7% during the forecast period of 2021 to 2031, owing to various factors, regarding which, Persistence Market Research offers vital insights in detail. The industry is anticipated to top a valuation of approximately US$ 185 Bn by the end of 2031. Request for Free Sample Report of "4G LTE Devices" Market@ https://www.persistencemarketresearch.com/samples/10466
Innovative Turmoil To Run Through The Sonobuoy Market
The global sonobuoy market is anticipated to grow from a valuation of US$ 324.7 Mn in 2021 to close to US$ 600 Mn by 2031, expanding at a CAGR of 6.3% in terms of revenue. In this revised report, the global market is tracked in terms of value and is calibrated to obtain market revenue estimates. Sonobuoys are acoustic sensors built on the principle of Sound Navigation and Ranging (SONAR) system,
The Imaging Technology For Precision Agriculture Market To Witness Germination O …
A recently revised study by Persistence Market Research has projected that demand for imaging technology for precision agriculture will rise at a notable CAGR of 8.8% during the forecast period of 2021 to 2031, by the end of which opportunities in the market are estimated to translate to a revenue of US$ 1.7 Bn. Analysts of the report have notified that the market for imaging technology in precision agriculture produced a
The Mobile Applications Market To Move Through Glossy Innovation
The global mobile applications market is currently valued at US$ 112.6 Bn, and is predicted to reach a worth of over US$ 307 Bn by the end of the forecast period (2021 - 2031). The market is projected to rise at a CAGR of 12.4% over the next ten years. Leading players operating in the global mobile applications market are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., China Mobile Limited,