See how Smart Beacon Market will worth 19,805.5 Million USD by 2023 - PowerPoint PPT Presentation

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Title: See how Smart Beacon Market will worth 19,805.5 Million USD by 2023


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Smart Beacon Market by Beacon Standard (iBeacon,
Eddystone), Connectivity Type, Offering
(Hardware, Software, Service), End Use (Retail,
Transportation and Logistics, Public Gathering
and Spaces), and Geography - Global Forecast to
2023
www.MarketsandMarkets.com
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According to the new research report on the
"Smart Beacon Market by Beacon Standard (iBeacon,
Eddystone), Connectivity Type, Offering
(Hardware, Software, Service), End Use (Retail,
Transportation and Logistics, Public Gathering
and Spaces), and Geography - Global Forecast to
2023 The market is expected to be valued at USD
1,363.6 Million in 2017 and is likely to reach
USD 19,805.5 Million by 2023, at a CAGR of 56.2
between 2017 and 2023. The growing adoption of
smartphones is a major factor driving the growth
of the smart beacon market. This research study
involves an extensive use of secondary sources,
directories, and databases (such as annual
reports, press releases, journals, Unacast
(Proxbook), Institute of Electrical and
Electronics Engineers (IEEE), company websites,
and other paid databases) to identify and collect
information useful for this study. The entire
procedure includes the study of the financial
reports of top market players. PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.as
p?id212854125utm_sourcePPTutm_medium7278

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Eddystone standard to hold largest size of smart
beacon market by 2023 iBeacon held the largest
share of the smart beacon market in 2016
however, the market for Eddystone is expected to
grow significantly and is expected to surpass
iBeacon over the forecast period. Eddystone
provides an extended feature to iBeacon and sends
4 packets as a part of Bluetooth connectivity
signal. Google launched Eddystone, an open
protocol, in 2015, and since then, it is being
adopted considerably in the smart beacon market.
It is specifically developed for Android users
however, it has an interoperability feature to
power highly specific user-facing apps. Smart
beacon market for transportation and logistics to
grow at highest CAGR between 2017 and 2023 Among
all the end use segments, the smart beacon market
for transportation and logistics is likely to
grow at the highest CAGR during the forecast
period. This growth can be attributed to the
capability of beacon to provide real-time asset
tracking to determine the exact time of the
delivery of goods to the final customers at lower
cost.
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Europe held largest share of smart beacon market
in 2016 Europe held the largest share of the
smart beacon market in 2016 owing to the high
traction of beacon technology and growing need
for technologically advanced marketing platforms
among the end users to capture the shares in the
respective markets. In addition, Europe is an
early adopter of the technology, and the
customers in this region have accepted the
technology seamlessly. The demand for smart
beacons across various applications in the
logistics and transportation end users is
expected to grow at a high rate over the next 6
years. The retail end users accounted for the
largest share of the market in 2016. The growth
of the market for logistics and transportation
can be attributed to the capability of beacons to
provide real-time asset tracking to determine the
exact time of the delivery of goods to the
customers, at lower costs. The market for
Eddystone is expected to grow at the highest CAGR
between 2017 and 2023. This can be attributed to
the added features provided by Eddystone over
iBeacon standard. Further, Eddystone standard is
generally used in the retail industry for
proximity marketing.
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Browse gtgt 66 market data
tables 30 figures
124 Pages and in-depth TOC on Smart
Beacon Market - Global Forecast to 2023 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at
Single user US 5650 Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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Key players - The Smart Beacon Market is
dominated by
  • Estimote (US), Aruba (A Hewlett Packard
    Enterprise Company) (US)
  • Kontakt.io (Poland)
  • Cisco (US), Bluvision (An HID Global Company)
    (US)
  • Onyx Beacon (Romania)
  • Leantegra (US)
  • Gimbal (US)
  • Accent Systems (Spain)
  • Swirl Networks (US)
  • Sensoro (US)
  • JAALEE Technology (China)
  • Beaconinside (Germany)
  • Blesh (US)
  • BlueUp (Italy)

For More Information - https//www.marketsandma
rkets.com/Market-Reports/smart-beacon-market-21285
4125.html?utm_sourcePPTutm_medium7278
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Contact Mr. Shelly Singh MarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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