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 |
|
||||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- The early adoption of advanced marketing technologies.
- Increase in advance communication technologies.
- Increasing use of wearable devices such as smart watches among users.
- Estimote, Inc.
- Gimbal.
- Kontakt.io. Inc.
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.
- Antenna: Including Patch, Embedded, Fractal, Smart and Reflectors (IFT073G)
- Semiconductor Devices for High-Temperature Applications: Market Opportunities (SMC114B)
- Grid-Scale Electricity Storage Technologies: Global Markets (EGY142C)
- Global Lithium-ion Battery Market (FCB067A)
- Current Research and Development Status of Chimeric Antigen Receptor (CAR) T-Cell Therapy Market (BIO162C)
Related Reports
Biometrics Extended by Affective Computing: Technologies and Global Markets
The global biometrics market reached $21.6 billion in 2021 and should reach more than $44.7 billion in 2026, with a compound annual growth rate (CAGR) of 15.7% during the forecast period of 2021-2026.
2021 Wireless Markets and Applications in Manufacturing Research Review
BCC Research Market Review for Wireless and its Applications in Manufacturing industry Research Review.
Global Home Wi-Fi Router Market
The global market for home Wi-Fi routers should grow from $1.9 billion in 2021 to $3.1 billion by 2026, at compound annual growth rate (CAGR) of 10.4% for the period of 2021-2026.
Wi-Fi 6 Chipset: Global Markets
The global market for wi-fi 6 chipsets should grow from $3.4 billion in 2021 to $9.1 billion by 2026, at compound annual growth rate (CAGR) of 21.7% for the period of 2021-2026.
Recent Reports
Antenna: Including Patch, Embedded, Fractal, Smart and Reflectors
The global antennas market is expected to grow from $23.6 billion in 2024 and is projected to reach $34.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period of 2024 to 2029.
2024 AI & IoT Technology Research Review
This 2024 Research Review of AI & IoT Technology Market provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
AI in Healthcare Regional Analysis Market: Middle East and North Africa
This report provides an analysis of artificial intelligence (AI) in healthcare markets in the Middle East and North Africa (MENA) region. It covers various aspects of the market, including technological advances, economic factors, and business considerations, and provides insights into the different segments. The report delves into the key players engaged in healthcare AI industry.
Global Satellite Internet Market
Satellite internet technology has advanced significantly in recent years, competing with more established land-based internet providers like fiber and cable. These developments have increased satellite internet speed, lowered latency, and reached new regions. The creation of LEO satellite constellations is a noteworthy technological advance in satellite internet. Another significant development is the adoption of HTS, which considerably expands the volume of data that can be sent between satellites and users.
Generative AI: Global Markets
The global market for generative AI was valued at $15.4 billion in 2023. It is projected to grow from $20.8 billion in 2024 to $94.4 billion by 2029, at a compound annual growth rate (CAGR) of 35.3% from 2024 through 2029.
Top Trending Reports
Carbon Capture, Utilization & Storage Technologies
The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.
Cell-Based Assays: Technologies and Global Markets
The global market for cell-based assays is estimated to increase from $35.3 billion in 2024 to reach $56.3 billion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Generative AI: Global Markets
The global market for generative AI was valued at $15.4 billion in 2023. It is projected to grow from $20.8 billion in 2024 to $94.4 billion by 2029, at a compound annual growth rate (CAGR) of 35.3% from 2024 through 2029.
Global Markets for Chemicals for Cosmetics & Toiletries
The global market for chemicals in cosmetics and toiletries is expected to grow from $27.7 billion in 2024 to $35.0 billion by 2029, at a compound annual growth rate (CAGR) of 4.8% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from $810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More