DUBLIN--(BUSINESS WIRE)--The "Beacon Market by Type, Technology, and Application - Global Opportunity Analysis and Industry Forecast, 2018-2024" report has been added to ResearchAndMarkets.com's offering.
The global beacon market was valued at $626.5 million in 2017, and is projected to reach at $14,838.8 million by 2024, growing at a CAGR of 61.5% from 2018 to 2024.
At present, North America dominates this market. In 2017, China registered the highest growth in Asia-Pacific. Similarly, the UK led the overall beacon market in Europe in 2017. In the same year, the U.S. dominated the North America market.
Increase in investment in proximity marketing, enhanced features of beacon solution such as employee & asset monitoring, data generation, resource optimization, and others drive the growth of the beacon market.
However, rise in data security and privacy concern is expected to limit the market growth.
In 2017, based on type, the iBeacon was the dominant segment in terms of revenue, and is anticipated to continue this trend during the forecast period.
Based on application, retail segment dominated the global market in the same year.
By technology, BLE segment accounted for the majority market share of the beacon market.
- Based on type, the iBeacon segment is anticipated to dominate the global beacon market, in terms of revenue.
- Based on application, retail segment dominated the market in 2017.
- In 2017, the BLE segment accounted for the highest revenue.
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Beacon Market, by Type
Chapter 5: Beacon Market, by Technology
Chapter 6: Beacon Market, by Application
Chapter 7: Beacon Market, by Region
Chapter 8: Company Profiles
- Accent Advanced Systems, SLU
- Apple, Inc.
- Bluecats Australia Pty Limited
- Dell Technologies Inc. (Blue Sense Networks)
- Estimote, Inc.
- Hewlett Packard Enterprise Company (Aruba Networks)
- Kontakt.io, Inc.
- Beaconinside GmbH
- Onyx Beacon Ltd.
- Leantegra Inc.
For more information about this report visit https://www.researchandmarkets.com/research/3jbd5g/beacons_global?w=4