Smart Beacon Market size is expected to reach $103.94 billion by 2030 | Cisco System, Estimote

The current smart beacon market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency

WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 6, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "𝐒𝐦𝐚𝐫𝐭 𝐁𝐞𝐚𝐜𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 By Standard Type, Connectivity, Offering, and End Use: Global Opportunity Analysis and Industry Forecast, 2021-2030", the global smart beacon market size was valued at $3.28 billion in 2020, and is projected to reach $103.94 billion by 2030, registering a CAGR of 37.70%. The North America region is expected to be the leading contributor to the global smart beacon market, followed by Europe and Asia-Pacific.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂 : https://www.alliedmarketresearch.com/request-sample/A13114

A smart beacon is a small device that constantly sends out radio signals to nearby smartphones and tablets, containing a small amount of data. Cost-effective, easy to deploy, and straightforwardly effective, beacons have become one of the most popular ways to engage customers across industries, especially in retail and marketing. Most of the aforementioned beacon types emerged in the years since the inception of beacon technology to accommodate the business needs of different companies, so new ones may come into being in the future, giving companies new options to engage customers.

Apple introduced the iBeacon protocol at the Apple Worldwide Developers Conference in 2013. iBeacon opened doors to a host of opportunities for location-data and proximity marketing. This protocol enables seamless interactivity between iOS and Android devices, and an iBeacon hardware, such as BLE beacons. iBeacon technology has been empowering businesses by letting them welcome customers, provide location-relevant information and promote ongoing offers. iBeacon compliant beacons allow smartphones to detect BLE signals and display the notifications and campaigns linked to them.

Moreover, Google also started sending free beacons to small businesses in the U.S. to make their locations more visible to customers that are nearby. Meanwhile, new types of beacons continue to emerge. Also, when the amount of content and visual information seems endless, beacons' promise of the spot-on non-intrusive mode of engagement may make all the difference to consumers.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.alliedmarketresearch.com/request-for-customization/A13114

The prominent factors which drives the smart beacon market growth are increase in advance communication technologies, high in investments in proximity marketing, and rise in adoption of smart devices.

However, the lack of presence of technological resources and concerns toward privacy & security restrict the market growth. On the contrary, rise in organized retailing industry is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect global smart beacon market during the forecast period.

Region-wise, the smart beacon market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America contributed maximum revenue in 2020. However, between 2020 and 2030, the market in the Asia-Pacific region is expected to grow at a faster rate as compared to other regions. This is attributed to increase in demand from the emerging economical countries such as India, China, Japan, and South Korea. The overall smart beacon market analysis is determined to understand the profitable trends to gain a stronger foothold.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/A13114

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲:
• In 2020, the iBeacon segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 35.40% during the forecast period.
• The Bluetooth Low Energy (BLE) segment accounted for more than 70% of the global market share in 2020.
• The education segment witness highest growth rate during the forecast period.
• Germany was the major shareholder in the Europe smart beacon market share, accounting for approximately 30% share in 2020.

The key players profiled in the report include Fujitsu Components Ltd (Japan), Radius Networks (U.S.), Kontakt.io (U.S.), Cisco System (U.S.), Estimote (U.S.), Leantegra Inc. (U.S.), JAALEE Technology (China), HID Global (U.S.), Accent Systems (Spain), and Sensoro Co. Ltd (China). These players have adopted various strategies, such as partnership, agreement, collaboration, and product launch, to expand their foothold in smart beacon industry.

𝐀𝐛𝐨𝐮𝐭 𝐮𝐬 :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 :

https://www.instapaper.com/p/8462756

https://www.quora.com/profile/Pawar-Rishika/Exploring-the-Potential-of-Graphene-in-Consumer-Electronics

https://www.quora.com/profile/Pawar-Rishika

https://pawarrishika08.medium.com/an-in-depth-exploration-of-the-global-smart-card-market-trends-from-2020-to-2027-0981891fadcc

David Correa
Allied Market Research
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