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Beacon Technology Market Is Booming Worldwide by Share, Trends, Size, Growth, Demand, Segments 2027

Unknown     05/02/2022 10:25:58    127    Share

The global Beacon Technology Market is forecasted to be worth USD 35.15 Billion by 2027. The beacon technology market is anticipated to grow substantially owing to the growing Internet of Things technology penetration, increasing investments in proximity marketing, and rising demand for sensor-based devices in different industries. The growth in organized retail stores provides the players functioning in the beacon technology market with sufficient growth prospects. With the support of government organized retail outlets are growing substantially, such as supermarkets, department stores, and hypermarkets, which is expected to fuel the market growth shortly.

The new report titled ‘Global Beacon Technology Market’, published by Emergen Research is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Beacon Technology market outlook over the forecast duration (2018-2027). Researchers have taken a holistic approach to the global market analysis and highlighted the factors that influence the overall growth of the market.

Competitive Terrain:

The Global Beacon Technology Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:

Apple Inc., Sensorberg GmbH, Gimbal, Inc., Google Inc., Texas Instruments Inc., KS Technologies, LLC, Radius Networks Inc.,, Swirl Networks, Inc., and Estimote Inc., among others.

Get a sample of the report @

Emergen Research has segmented the global Beacon Technology Market on the basis of deployment, platform, technology end-use, and region:

Deployment Outlook (Revenue, USD Billion; 2017-2027)



Platform Outlook (Revenue, USD Billion; 2017-2027)




Technology Outlook (Revenue, USD Billion; 2017-2027)


Bluetooth Low Energy



End-Use Outlook (Revenue, USD Billion; 2017-2027)









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.

To know more about the report @

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

Key point summary of the report:

The report offers a compre

   Tags: Beacon Technology Market Size, Beacon Technology Market Share, Beacon Technology Market Forecast, Beacon Technology Market Growth

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   Titles: Beacon Technology Market Is Booming Worldwide by Share, Trends, Size, Growth, Demand, Segments 2027

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