An In-Depth Look at Smart Beacons: Global Market Analysis

Report Code: IFT270A

Publish Date: Feb 2023

Publisher: BCC Publishing

Category: Information Technology

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Report Highlights

The report provides an overview of the global smart beacons market and analyzes market trends. It estimates the global market for smart beacons in 2021 and provides projections for the expected market size through 2027. Revenue forecasts for this period are segmented based on offering, connectivity, technology, end-user industry, and geography. It also highlights major trends and challenges that will affect the market and the vendor landscape.

Report Includes

  • 25 data tables and 15 additional tables
  • An overview of the global market outlook for smart Bluetooth beacons and related wireless device technologies
  • Analyses of the global and regional market trends, with historic sales data for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
  • Estimation of the actual market size and revenue forecast for smart beacons market in USD millions, and corresponding market share analysis based on offering, technology, connectivity, end-user industry, and region
  • Updated information on market drivers and opportunities for smart beacons, major shifts and regulations, technology specific challenges, and other demographic factors shaping the market demand over the coming years (2022-2027)
  • Coverage of the technological, economic, and business considerations of the smart beacons market, with global market data analyses and growth forecasts through 2027
  • Identification of the major stakeholders and analysis of the company competitive landscape based on recent developments, financial performance, and segmental revenues
  • Company profiles of major players within the industry, including Accent Advanced Systems SLU, Kontakt.io Inc., Infillion, and Estimote Inc.

Report Scope

In this report, the smart beacons market is segmented based on offering, connectivity, technology, end-user industry, and geography. The report provides an overview of the global smart beacons market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period of 2022 through 2027. Revenue forecasts for this period are segmented based on offering, connectivity, technology, end-user industry, and geography. Market values have been estimated based on the total revenue of smart beacons solution and service providers.

The report covers the market for smart beacons with regard to the user base, across different regions. It also highlights major trends and challenges that will affect the market and the vendor landscape. The report estimates the global market for smart beacons in 2021 and provides projections for the expected market size through 2027.

The scope of the study includes smart beacon development platforms and associated services, and services associated with the platform. However, software and deployment numbers developed in the smart beacon platforms, predeveloped smart beacon applications and physical services are excluded from the study.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $6.6 billion
Market size forecast $39.6 billion
Growth rate CAGR of 35.2% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered Offering, Technology, Connectivity, End-User Industry, Region
Key Market Drivers
  • Early Adoption of Advanced Marketing Technologies
  • Increase in Advanced Communication Technologies
  • Increasing Use of Wearable Devices Such as Smart Watches Among Users
Companies studied
ACCENT ADVANCED SYSTEMS SLUHPE ARUBA NETWORKING
BLUEUP S.R.L.S.CHENGDU JAALEE TECHNOLOGY CO. LTD.
CISCO SYSTEMS INC.ESTIMOTE INC.
FUJITSU ASIA PTE. LTD.HID GLOBAL
INFILLION (GIMBAL)KONTAKT.IO
LEANTEGRA INC.SENSORO CO. LTD.
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Frequently Asked Questions (FAQs)

The global market for smart beacons was estimated to be $6.6 billion in 2021. It is projected the smart beacons market will grow at a CAGR of 35.2% and is forecast to reach $39.6 billion by 2027.
  • The early adoption of advanced marketing technologies.
  • Increase in advance communication technologies.
  • Increasing use of wearable devices such as smart watches among users.
The global market for smart beacons has been segmented based on offering, technology, connectivity, end-user industry, and geography.
iBeacon accounted for major market share in 2021.
The North America currently is the most dominant region for global smart beacons market.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

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Full Report: An In-Depth Look at Smart Beacons: Global Market Analysis57Free

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An In-Depth Look at Smart Beacons: Global Market Analysis
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