DUBLIN--(BUSINESS WIRE)--The "Bluetooth Beacons Market Analysis By Technology (iBeacon, Eddystone), By End-use (Retail, Travel & Tourism, Healthcare, Financial Institutions), By Region, And Segment Forecasts, 2014 - 2025" report has been added to Research and Markets' offering.
The global bluetooth beacon market size is expected to reach USD 58.7 billion by 2025
The introduction of next-generation software-based and virtual beacons are expected to boost the market demand.
The key factor driving the industry growth is the increased number of applications powered by beacons and Bluetooth Low Energy (BLE) tags. Beacons are witnessing growing penetration across asset tracking and machine/equipment status observation in high volume verticals. At the same time, the markets for both existing and new applications are maturing, leading to larger roll-outs.
Growing integration of beacons in cameras, LED lightings, point of sale (POS) devices, digital signage, and vending machines is expected to propel the industry growth over the forecast period. Apart from retail applications, beacons are also projected to become a common commodity in industrial applications.
Industries are increasingly shifting toward the incorporation of Bluetooth-powered solutions from conventional proximity solutions including Wi-Fi and RFID. Assets based on Wi-Fi, RFID, and people flow tracking systems have currently captured a significant revenue share in the healthcare and intra-logistics sectors. The relatively lower price point of Bluetooth-based solutions is playing a pivotal role in their large-scale adoption in various domains such as indoor navigation, worker security, elderly care, and affordable asset tracking.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 Bluetooth Beacons Industry Outlook
4 Bluetooth Beacons Market: Technology Estimates & Trend Analysis
5 Bluetooth Beacons: End-Use Estimates & Trend Analysis
6 Bluetooth Beacons: Regional Estimates & Trend Analysis
7 Competitive Landscape
- Accent Advanced Systems, SLU
- Blue Sense Networks
- Bluvision, Inc.
- Estimote, Inc.
- Gimbal, Inc.
- Glimworm Beacons
- Onyx Beacon Ltd.
- Radius Networks, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/9j2mp8/bluetooth_beacons