Why Beacon could be the next big thing for AR- Eddstone& AltBeacon

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WHY BEACON COULD BE THE NEXT BIG THING FOR AR-
EDDSTONE ALTBEACON
BEACON MARKET OPPORTUNITY ANALYSIS AND INDUSTRY
FORECAST 2018- 2024
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BEACON MARKET
North America is expected to dominate the global
beacon market during the forecast period, owing
to rise in investment of proximity marketing. In
2017, China dominate the Asia-Pacific beacon
market. U.S. is anticipated to lead the market in
North America, whereas the UK led the European
market in 2017. Akshay Jadhav Chandani
Poddar Lead Analysts, Semiconductor and
Electronics at AMR
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Current and Future Market Scenario

• The global beacon market was valued at 626.5
  million in 2017.
• The global beacon market is projected to reach
  at 14,838.8 million by 2024, growing at a CAGR
  of 61.5 from 2018 to 2024.
• The global beacon market growing at a CAGR of
  61.5 from 2018 to 2024.
• Based on type, the ibeacon segment is anticipated
  to dominate the global beacon market, in terms of
  revenue. However, based on application, retail
  segment dominated the market in 2017.
• In 2017, the BLE segment accounted for the
  highest revenue.

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FACTORS CONTRIBUTING TO MARKET GROWTH

• Increase in investment on proximity marketing
• Enhanced features of beacons,
• Growth in concern regarding privacy and security
• Upsurge in organized retail.
• Employee asset monitoring, data generation,
  resource optimization, and others boost the
  adoption of beacon solution among several
  industry verticals.
• Proximity marketing target potential customer
  with personalized advertisements based on the
  customer location to attract the customer for
  purchase.

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BEACON MARKET SEGMENTATION

• BY APPLICATION
• Retail
• Travel, Tourism Hospitality
• Healthcare
• BFSI
• Others

• BY TECHNOLOGY
• BLE
• Wi-Fi
• Ultrasound
• Combined Technology

• BY TYPE
• iBeacon
• Eddystone
• AltBeacon
• Others

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GEOGRAPHICAL OVERVIEW

• Based on region, it is analyzed across North
  America, Europe, Asia-Pacific, and LAMEA.
• North America held the majority of the market
  share in 2017.
• Asia-Pacific is anticipated to exhibit the
  highest CAGR during the forecast period.

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LEADING MARKET PLAYERS

• Advanced system SLU
• Apple Inc.
• BlueCats
• Blue Sense Networks
• Estimote, Inc.
• Gelo
• Glimworm Beacons
• Gimbal
• Kontakt.io
• Beaconinside GmbH

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• A Report Titled Beacon Market- Opportunities And
  Forecasts, 2017 2023 Has Been Recently
  Published By Allied Market Research. It Makes An
  In-depth Analysis Of Current Trends, Drivers, And
  Restraining Factors That Affect Financial Ratios
  Relevant To The Industry. Company Profiles For
  Key Vendors In Business Builds A Comprehensive
  Picture Of Profitable Opportunities From
  Stakeholders Perspective.
• To Know More About Beacon Market- Opportunities
  and Forecasts, 2018 2024 https//www.alliedmarket
  research.com/beacon-market
• Get PDF Sample Copy- https//www.alliedmarketresea
  rch.com/request-sample/4668
• Follow Allied Market Research

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