Beacon Technology Market Analysis, Key Company Profiles, Types, Applications and Forecast To 2027

The Global Beacon Technology Market report offers in-depth information and assessment of the key statistical data pertaining to the Beacon Technology market size, share, growth factors, key drivers, restraints, growth prospects, current and emerging trends, and other vital information. The report has been generated through deep and thorough primary and secondary research with the crucial statistical data validated and verified from industry experts, analysts, and professionals. The report contains abridged information about historical, current, and forecast estimation of each sector, segment, and region of the Global Beacon Technology market. The report further includes an insightful coverage of the key players of the Beacon Technology market along with extensive research on their business strategies and expansion plans.

Key Highlights From The Report

· In April 2020, Estimote Inc. has implemented its technical expertise to create a new device named “Proof of Health”, specially designed to reduce the COVID-19 spread. The company has introduced a unique variety of wearables that can improve employees' safety for those who need to be co-located in a workplace environment, while measures of social distance and physical isolation are in place.

· Attributed to the increasing implementation of cloud-enabled low-energy Bluetooth networks, the high cost of network systems, and the complicated implementation & maintenance of such networks, the cloud segment is anticipated to dominate the market with a CAGR of 44.5% during the forecast period.

· Leading to AltBeacon's significant advantages, such as various vendor IDs and beacon codes, the AltBeacon segment is expected to hold the largest market over the forecast timeframe.

· Due to the presence of supermarket giants such as Walmart, Kroger, and Tesco in this region, the North America region held the largest market throughout the forecast timeframe. Due to increasing government support to strengthen the retail business, the Asia Pacific region is anticipated to grow substantially.

· Key participants include Apple Inc., Sensorberg GmbH, Gimbal, Inc., Google Inc., Texas Instruments Inc., KS Technologies, LLC, Radius Networks Inc., Kontakt.io, Swirl Networks, Inc., and Estimote Inc., among others.

The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Detailed Analysis of the Regions of the Beacon Technology Market Include Regions such as:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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