Lucintel Blog: Lucintel Forecasts Smart Beacon Market to Grow at a CAGR of 54%-56%

Thursday, June 16, 2022

Lucintel Forecasts Smart Beacon Market to Grow at a CAGR of 54%-56%

According to the recent study the smart beacon market is projected to grow at a CAGR of 54%-56% from 2020 to 2025. Growth in this market is primarily driven by growing demand for smartphones, rising focus on business intelligence, and growing usage of smart beacons in transportation and logistics.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in smart beacon market by beacon standard (iBeacon, eddystone, and others), end use industry (retail, public gatherings & spaces, hospitality, transportation & logistics, sports, aviation, healthcare, automotive, bank, financial services, insurance (BFSI), education, and others), offering (hardware, software, and service), connectivity type (bluetooth low energy (BLE) and hybrid), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/smart-beacon-market.aspx

“Sugar alcohol market is expected to remain the largest segment during the forecast period.”

Based on end use industry, the smart beacon market is segmented into retail, public gatherings & spaces, hospitality, transportation & logistics, sports, aviation, healthcare, automotive, bank, financial services, insurance (BFSI), education, and others. Lucintel forecasts that the retail market is expected to remain the largest segment and transportation and logistics industry is expected to witness the highest growth over the forecast period due to its features, such as real-time asset tracking to determine the exact time of the delivery of goods to customers.

“Europe will dominate the smart beacon market in near future.”

Europe is expected to be the largest region largest region during the forecast period due to high traction of beacon technology and increasing need for technologically advanced marketing platforms among end users.

Download Brochure of this report by clicking on https://www.lucintel.com/smart-beacon-market.aspx

Major players of smart beacon market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Estimote, Aruba, Kontakt.io, Cisco, Bluvision, Onyx Beacon, Leantegra, Gimbal, Accent Systems, Swirl Networks, Sensoro, JAALEE Technology, Beaconinside, Blesh, and BlueUp are among the major smart beacon providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/smart-beacon-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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