(MENAFN- Prophecy market Insights) The Smart Beacon Market represents a transformative force in location-based technology. These small, versatile devices leverage Bluetooth Low Energy (BLE) to enable precise indoor and outdoor navigation, personalized messaging, and proximity-based interactions. With applications ranging from retail and hospitality to healthcare and beyond, the Smart Beacon Market is redefining how businesses engage with customers and streamline operations in the era of smart, connected spaces.
The report “Smart Beacon Market, By Standard Type (iBeacon, Eddystone, and Others) By Connectivity Type (Bluetooth Low Energy, Wi-Fi, and Hybrid), By Component (Hardware (Standard Beacon, Sticker Beacon, Card Beacon), Software and Services), By Application (Tracking & Tracing, Engagement, Position & Navigation, Analytics, and Others), By End Use (Retail, Hospitality, Automotive, Aviation, Transportation & Logistics, Healthcare, BFSI, Education, Public Gathering and spaces, Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends Analysis and Forecast till 2032”
Key Highlights:
• In January 2023, Berkeley Lights, Inc., a life science tools company, announced the launch of Beacon Select, the company's new optofluidic system for cell line development. Beacon Select is based on the same cutting edge technology offered by the original Beacon System launched in 2017 which currently has over 130 systems installed globally.
• In December 2021, CAR-LITE and Sigfox launched an intelligent light beacon based on the oG network to replace emergency triangles on the road. The new light beacon, designed and developed by CAR-LITE, will send automatic alerts to the relevant road safety authorities and accurately geo-locate the location of failed vehicles, based on the Sigfox oG network, without the need for an internet connection, Wi-Fi or SIM card.
Analyst View:
• In the rapidly evolving landscape of the Smart Beacon Market, analysts observe a paradigm shift in location-based services. The strategic deployment of Smart Beacons, powered by Bluetooth Low Energy, is reshaping customer engagement, enhancing operational efficiency, and creating immersive, personalized experiences. As businesses across various sectors embrace the potential of Smart Beacons, analysts foresee a continued trajectory of innovation, collaboration, and seamless connectivity, marking the Smart Beacon Market as a pivotal player in the era of smart, context-aware environments.
Before purchasing this report, request a sample or make an inquiry by clicking the following link:
Key Market Insights from the report:
Smart Beacon Market accounted for US$ 3,844.4 Million in 2022 and is estimated to be US$ 31,746.0 Million by 2032 and is anticipated to register a CAGR of 31.5%. The Smart Beacon Market is segmented based on standard type, connectivity type, component, application, end use and Region.
• Based on Standard type, the Smart Beacon Market is segmented into iBeacon, Eddystone, and Others.
• Based on Connectivity type, the target market is classified into Bluetooth Low Energy, Wi-Fi, and Hybrid.
• Based on Component, the Smart Beacon Market is segmented into Hardware (Standard Beacon, Sticker Beacon, and Card Beacon), Software and Services.
• Based on Application, the target market is classified into Tracking & Tracing, Engagement, Position & Navigation, Analytics, and Others.
• Based on End Use, the target market is classified into Retail, Hospitality, Automotive, Aviation, Transportation & Logistics, Healthcare, BFSI, Education, Public Gathering and spaces, Others.
• By Region, the Smart Beacon Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Smart Beacon Market:
The prominent players operating in the Smart Beacon Market includes, Estimote , Inc., MOKOSmart, Zebra Technologies Corp, Kartographers Technologies Pvt. Ltd., Radious Networks, Inc., Cisco Systems Inc., Aruba-Hewlett Packard Enterprise Company, Bluvision-HID Global Company, Leantegra Inc., Accent Advanced Systems, Sensor Co., Ltd, Swirl Networks.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
About Prophecy Market Insights
Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
MENAFN23112023005399012013ID1107477114
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.