Technology industry

Beacon Technology Industry Leading Companies – Industrial Computing

The recent study, Beacon Technology Market forecasts the business performance of the Beacon Technology market over the forecast period, 2020 to 2028. The study considers the estimated period as the base duration and sheds light on the significant insights associated with market size, share and to the growth rate of the Beacon technology market.

The global Beacon Technology market size was valued at USD 2.10 Billion in 2019 and is projected to reach USD 35.15 Billion by 2027 with a CAGR of 44.1%. The beacon technology market is expected to grow significantly over the forecast period owing to rapid adoption of operational technology across several industries and growing IoT penetration. Furthermore, the benefits of this technology in several businesses such as interactive in-store experiences, customer loyalty and establishment of a fulfilling customer experience are expected to drive the market growth. Furthermore, the growing demand for this technology in the retail industry as it helps in creating and optimizing advertisements or campaigns is expected to further drive the market growth during the forecast period.

Apart from this, the research takes a close look at the market share occupied by some of the major market players in the Beacon Technology market for the forecast period, 2020 to 2028. The researchers behind the research unmask the vital statistics on market segmentation including product types, application, sale and geography.

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This study is based on the evolution of the industry to deduce the trends observed. A significant increase in the global market is visible, which promises the expansion of the market in the coming years.

This report highlights the major contributing sectors of the industry and details the niche areas that are likely to impact the overall growth of the industry. Major players who account for a major portion of the market share have been profiled in this report. The research includes crucial information which has been drawn after analyzing the market trends. It includes market information that aims to help readers navigate their business endeavors.

Key manufacturers covered in this report:

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

Report Scope:

The study aims to assess different segments, their individual development trends, and their contribution to the growth of the industry as a whole. Further, the research offers detailed data on the key factors such as drivers, challenges, restraints, and opportunities and their impact on the growth rate. More importantly, the market intelligence report provides competitive intelligence data from market assessment and helps companies to plan their growth strategies from consumption volume along with forecast statistics.

The segments covered in this report are:

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

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

    • eddystone
    • iBeacon
    • AltBeacon
  • Technology Outlook (Revenue, USD Billion; 2017-2027)

    • Wireless
    • Bluetooth low energy
    • Ultrasound
    • Others

This report strategically examines the micro markets and sheds light on the impact of technological upgrades on the Beacon Technology market performance.

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The study on the Beacon Technology market further incorporates the best of primary and secondary research to estimate and verify the current status of import and export, demand and supply, consumption power, spending capacity and distribution channel in the world.

The report examines the market position of leading manufacturers and assesses the strategies they have adopted to remain competitive. The study also applies qualitative and quantitative techniques to assess the annual and financial performance of major vendors and insights from market leaders.

Comprehensive coverage of recent developments including joint ventures, collaborations, investments, product launches and acquisitions & mergers forms an important part of the Beacon Technology market research for the forecast period of 2020 to 2028.

Geographically, this report studies key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States




South East Asia


The researchers conducting the research also conduct a comprehensive analysis of the recent changes in government regulations and their impact on the competitive landscape of the industry.

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Presentation of the report: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes the years considered for the research study.

Summary: It covers industry trends with a focus on market use cases and key market trends, market size by region and global market size. It also covers market share and growth rate by region.

Key players: Here, the report focuses on mergers and acquisitions, expansions, analysis of major players, date of establishment of companies and areas served, manufacturing base and revenue of major players.

Breakdown by product and application: This section provides market size details by product and application.

Regional analysis: All regions and countries analyzed in the report are studied on the basis of market size by product and application, key players and market forecast.

Profiles of international players: Here, players are rated based on their gross margin, price, sales, revenue, activity, products, and other company information.

Market dynamics: It includes supply chain analysis, regional marketing analysis, challenges, opportunities and drivers analyzed in the report.

Annex: It includes details of the research approach and methodology, research methodology, data sources, study authors, and a disclaimer.

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Settings Details
Market size estimation period 2020 – 2028
Base year considered 2019
Historical data 2015 – 2019
Forecast period 2020 – 2028
Quantitative units Revenue in USD Million and CAGR from 2020 to 2028
Segments Covered Types, applications, end users, regions and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization 10 hours of free customization and expert consultation
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