{"id":14767,"date":"2020-05-22T21:00:00","date_gmt":"2020-05-22T21:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2565518"},"modified":"2020-05-22T21:00:00","modified_gmt":"2020-05-22T21:00:00","slug":"beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/05\/22\/beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026\/","title":{"rendered":"Beacon Technology Market is expected to grow at a CAGR of 47.6% from 2020-2026"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"213\" height=\"74\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/05\/3143-1590145718.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p style=\"font-weight: 400\">Global&nbsp;<a href=\"https:\/\/www.blueweaveconsulting.com\/global-beacon-technology-market-bwc20056\"><strong>Beacon Technology market<\/strong><\/a>&nbsp;witness market size of USD 1.29 billion in 2019 to projected to reach USD 19.32 billion by 2026. Such market growth is attributed to increasing smartphone penetration around the world and the need for location-based proximity.<\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p style=\"font-weight: 400\">Business owners are becoming aware of these customer preferences and are thus leveraging proximity-based beacon transmitters in order to enable real-time communication with those clients. In addition, the proliferation of smart cities around the world contributes favorably to the growth of the beacon technology market, since beacons can facilitate highly connected urban infrastructures. The key trends in the Beacon market include the rising adoption of Bluetooth smart technology, loop technology, and over-the-air (OTA) technology based on Al capabilities.<\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p style=\"font-weight: 400\"><strong>Request to get the report sample pages at :&nbsp;<\/strong><a href=\"https:\/\/www.blueweaveconsulting.com\/global-beacon-technology-market-bwc20056\/report-sample\">https:\/\/www.blueweaveconsulting.com\/global-beacon-technology-market-bwc20056\/report-sample<\/a><\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p style=\"font-weight: 400\">The rising adoption of advanced communication technologies such as Bluetooth, Wi-Fi, NFC (near-field communication), RFID (radio-frequency identification) and others along with rising popularity of loT technology are few of the key drivers promoting the beacon market growth. Also, rising demand for Beacon based on advanced Bluetooth technology including Bluetooth 5.2, Bluetooth 5, and Bluetooth 4, from various industries such as transportation and logistics, entertainment and others are expected to boost the adoption of Beacon. This has made Bluetooth technology a global enabler of the Beacon market.<\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p style=\"font-weight: 400\">The retail segment is expected to register highest market share as retail beacons usually use information about proximity to deliver personalized messages in loyalty programs, marketing campaigns, and other consumer-facing initiatives. These can also be used to produce data to understand customer experience in-store, or used in campaigns for monetization and reassignment. Beacons are also being deployed in offline retail stores to provide the customers with in-store notifications about ongoing offers, product reviews, and customized deals. Furthermore, companies operating in the Beacon market are focused on forming a strategic partnership with other players to fulfill the demand for customized Beacon from retail stores.<\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p style=\"font-weight: 400\"><strong>Enquire Before Purchase :&nbsp;<\/strong><a href=\"https:\/\/www.blueweaveconsulting.com\/global-beacon-technology-market-bwc20056\/enquire-before-purchase\">https:\/\/www.blueweaveconsulting.com\/global-beacon-technology-market-bwc20056\/enquire-before-purchase<\/a><\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p style=\"font-weight: 400\">North America is anticipated to hold the highest market share over the forecast period. This is attributed to the string existence of key players in the region as well as the rising adoption of core communication technologies such as Bluetooth, NFC, Wi-Fi, and ongoing loT (internet of things) technology. Other key drivers for this market include growing investment by North American countries and increasing demand for proximity tools in the retail and public sector. This deployment of Beacon will assist them to boost their location-based marketing strategies and offer a customized shopping experience to the customers.<\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p style=\"font-weight: 400\">The major market players in the Beacon Technology market are Advanced system, SLU., Apple Inc., BlueCats, Blue Sense Networks, Estimote, Inc., Gelo, Glimworm Beacons, Gimbal, Kontakt.io, and Beaconinside GmbH, Qualcomm Inc., Cisco Systems Inc., Samsung Electronics Co. Ltd., Madison Beacons, Swirl Networks, Onyx Beacon, Aruba Networks, Inc, Onyx Beacon, Blue Sense Networks Ltd., Texas Instruments, and other prominent players. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market.<\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p><strong>About Us<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>BlueWeave Consulting&nbsp;is a one-stop solution for market intelligence regarding various products and services online &amp; offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"font-weight: 400\">&nbsp;<\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/beacon-technology-market\/\" rel=\"tag\">Beacon Technology Market<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/beacon-technology-market-forecast\/\" rel=\"tag\">Beacon Technology Market Forecast<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/beacon-technology-market-growth\/\" rel=\"tag\">Beacon Technology Market Growth<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/beacon-technology-market-share\/\" rel=\"tag\">Beacon Technology Market Share<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/beacon-technology-market-size\/\" rel=\"tag\">Beacon Technology Market Size<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.blueweaveconsulting.com\/global-beacon-technology-market-bwc20056\" target=\"_blank\">https:\/\/www.blueweaveconsulting.com\/global-beacon-technology-market-bwc20056<\/a><br \/><b>Contact Information:<\/b><br \/>Contact Us:<\/p>\n<p>info@blueweaveconsulting.com<\/p>\n<p>https:\/\/www.blueweaveconsulting.com<\/p>\n<p>Global Contact: +1 866 658 6826<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Contact Us:<\/p>\n<p>info@blueweaveconsulting.com<\/p>\n<p>https:\/\/www.blueweaveconsulting.com<\/p>\n<p>Global Contact: +1 866 658 6826<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"213\" height=\"74\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/05\/3143-1590145718.png\" alt=\"\">Global&nbsp;Beacon Technology market&nbsp;witness market size of USD 1.29 billion in 2019 to projected to reach USD 19.32 billion by 2026. Such market growth is attributed to increasing smartphone penetration around the world and the need for location-based proximity. &nbsp; Business owners are becoming aware of these customer preferences and are thus leveraging proximity-based beacon transmitters &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/05\/22\/beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026\/\">Continue reading <span>Beacon Technology Market is expected to grow at a CAGR of 47.6% from 2020-2026<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/05\/22\/beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":108,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[],"class_list":["post-14767","post","type-post","status-publish","format-standard","hentry","category-english","category-research-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Beacon Technology Market is expected to grow at a CAGR of 47.6% from 2020-2026 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/05\/22\/beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beacon Technology Market is expected to grow at a CAGR of 47.6% from 2020-2026 - Business\" \/>\n<meta property=\"og:description\" content=\"Global&nbsp;Beacon Technology market&nbsp;witness market size of USD 1.29 billion in 2019 to projected to reach USD 19.32 billion by 2026. Such market growth is attributed to increasing smartphone penetration around the world and the need for location-based proximity. &nbsp; Business owners are becoming aware of these customer preferences and are thus leveraging proximity-based beacon transmitters &hellip; Continue reading Beacon Technology Market is expected to grow at a CAGR of 47.6% from 2020-2026 Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/05\/22\/beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-22T21:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/05\/3143-1590145718.png\" \/>\n<meta name=\"author\" content=\"Laltu Sinha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Laltu Sinha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/05\/22\/beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/05\/22\/beacon-technology-market-is-expected-to-grow-at-a-cagr-of-47-6-from-2020-2026\/\",\"name\":\"Beacon Technology Market is expected to grow at a CAGR of 47.6% from 2020-2026 - 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