DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Bluetooth Beacon Devices Market 2016-2020" report to their offering.
The report forecasts the global Bluetooth beacon devices market to grow at a CAGR of 222.8% by volume during the period 2016-2020.
To calculate the market size, the report takes into account the shipments of Bluetooth beacon devices worldwide for the following segments:
- Retail (hypermarkets, supermarkets, department stores, discounters, specialty stores, and cash-and-carry stores)
- Non-retail (sports, manufacturing, telecommunications, airlines, IT, logistics, hospitality, health, and wellness)
According to the report, a key growth driver is the increasing use of beacon devices in organized retail. Hypermarkets, supermarkets, department stores, discounters, specialty stores, and cash-and-carry stores are the formats that fall under organized retail. This classification is based on the size of the stores. Among these formats, hypermarkets and supermarkets are the most prominent users of Bluetooth beacons.
Retailers can also be classified as Tier-1, Tier-2, and Tier-3 retailers, based on the annual revenue generated. Tier-1 retailers are those with annual sales of more than $1 billion. Tier-2 retailers generate annual sales in the range of $500 million to $1 billion while Tier-3 retailers have annual sales below $500 million. Tier-1 and Tier-2 retailers are the leading users of Bluetooth beacons.
Further, the report states that one challenge that could restrict market growth is the growing privacy concerns among consumers.
- PLUS Location Systems (BlueCats)
- Blue Sense Networks
- General Electric
- Glimworm Beacons
- Onyx Beacon
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Analyst insights
PART 16: Appendix
PART 17: About the Author
For more information visit http://www.researchandmarkets.com/research/2cd3z7/global_bluetooth