Report Feature
The future of the smart beacon market looks promising with opportunities in various end use industries, such as retail, public gatherings & spaces, hospitality, transportation & logistics, sports, aviation, healthcare, automotive, bank, financial services, insurance (BFSI), and education. The global smart beacon market is expected to grow with a CAGR of 54% to 56% from 2020 to 2025. The major drivers for this market are growing demand for smartphones, rising focus on business intelligence, and growing usage of smart beacons in transportation and logistics.
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart beacon market report download the report brochure.
The study includes trends and forecasts for the global smart beacon market by beacon standard, connectivity type, offering, end use industry, and region as follows:
By Beacon Standard [$M shipment analysis for 2014 – 2025]:
- iBeacon
- Eddystone
- Others
By End Use Industry [$M shipment analysis for 2014 – 2025]:
- Retail
- Public Gatherings & Spaces
- Hospitality
- Transportation & Logistics
- Sports
- Aviation
- Healthcare
- Automotive
- Bank, Financial Services, Insurance (BFSI)
- Education
- Others
By Connectivity Type [$M shipment analysis for 2014 – 2025]:
- Bluetooth Low Energy (BLE)
- Hybrid
- By Offering [$M shipment analysis for 2014 – 2025]:
- Hardware
- Software
- Service
By Region [$M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- United Kingdom
- France
- Italy
-
Asia Pacific
- China
- Japan
- India
- South Korea
- The Rest of the World
Some of the smart beacon companies profiled in this report include Estimote, Aruba, Kontakt.io, Cisco, Bluvision, Onyx Beacon, Leantegra, Gimbal, Accent Systems, Swirl Networks, Sensoro, JAALEE Technology, Beaconinside, Blesh, and BlueUp
Retail will remain the largest end use industry during the forecast period. Smart beacon for the transportation and logistics industry is expected to witness the highest growth over the forecast period due to its features, such as real-time asset tracking to determine the exact time of the delivery of goods to customers.
Europe will remain the largest region during the forecast period due to high traction of beacon technology and increasing need for technologically advanced marketing platforms among end users.
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Features of Smart Beacon Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the global smart beacon market by beacon standard (iBeacon, eddystone, and others), end use industry (retail, public gatherings & spaces, hospitality, transportation & logistics, sports, aviation, healthcare, automotive, bank, financial services, insurance (BFSI), education, and others), offering (hardware, software, and service), connectivity type (bluetooth low energy (BLE) and hybrid), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Q.2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the smart beacon market? Q.5 What are the business risks and threats to the smart beacon market? Q.6 What are emerging trends in this smart beacon market and the reasons behind them? Q.7 What are some changing demands of customers in the smart beacon market? Q.8 What are the new developments in the smart beacon market? Which companies are leading these developments? Q.9 Who are the major players in the smart beacon market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the smart beacon market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M&A activities did take place in the last five years in the smart beacon market? |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Smart Beacon Market
6.1.1 Growth Opportunities for the Global Smart Beacon Market by End Use Industry
6.1.2 Growth Opportunities for the Global Smart Beacon Market by Beacon Standard
6.1.3 Growth Opportunities for the Global Smart Beacon Market by Connectivity Type
6.1.4 Growth Opportunities for the Global Smart Beacon Market by Offering
6.1.5 Growth Opportunities for the Global Smart Beacon Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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