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The global beacon technology market was valued at USD 1.7 billion in 2019 and is expected to reach USD 14.7 billion by 2025, growing at a CAGR of 44.0% during 2020-2025. The beacon technology industry is anticipated to experience substantial growth during the forecast period, owing to the various industry verticals using wide-ranging technology in various industry verticals consisting of education, retail, healthcare and hospitality.<br><br>Download Free Report Sample At: https://www.vynzresearch.com/ict-media/beacon-technology-market/request-sample<br><br>Beacon technology has revolutionized the traditional techniques of marketing with the help of proximity marketing. In this technique, the potential customers are targeted using custom-made advertisements depending on the customer location. However, concerns related to security and accessibility of data from Bluetooth networks and Internet of Things (IoT) are hampering the growth of the market. Moreover, the surge in the menace of cybercriminals targeting companies by means of IoT devices is estimated to restrict the growth of the beacon market during the estimated period.<br><br>Geographically, the global beacon technology market is segmented into North America, Europe, APAC, LAMEA. North America has led the beacon technology market, due to several smart city initiatives undertaken on a large-scale in this region along with the rising usage of BLE technology in various sectors. In addition to this, the Asia-Pacific region is expected to witness the fastest growth in the global beacon technology market during the forecast period. This growth is majorly due to the growing disposable incomes in this region along with many initiatives taken by the people towards smart homes and smart cities. <br><br>Read More: https://www.vynzresearch.com/ict-media/beacon-technology-market<br><br>The prominant players functioning in the beacon technology market are Kontakt.io, Apple Inc., Glimworm Beacons, Google Inc., Madison Beacons, Qualcomm Inc., RECO, blueSense Networks, Gimbal, Swirl, Estimote Inc., BlueCatu2019s, Onyx Beacon, Beaconinside, Cisco Systems Inc., and Accent Systems.<br><br>Audio Source: www.bensound.com<br><br>About VynZ Research<br>VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.<br><br>Contact<br><br>Manager: Client Care<br><br>Toll-Free: 18882533960<br><br>Email: kundan@vynzresearch.com<br><br>Website: www.vynzresearch.com
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About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.
Global Beacon Technology Market The global beacon technology market was valued at USD 1.7 billion in 2019 and is expected to reach USD 14.7 billion by 2025, growing at a CAGR of 44.0% during 2020-2025. The beacon technology industry is anticipated to experience substantial growth during the forecast period, owing to the various industry verticals using wide-ranging technology in various industry verticals consisting of education, retail, healthcare and hospitality.
Global Beacon Technology Market Geographically, the global beacon technology market is segmented into North America, Europe, APAC, LAMEA. North America has led the beacon technology market, due to several smart city initiatives undertaken on a large-scale in this region along with the rising usage of BLE technology in various sectors. In addition to this, the Asia-Pacific region is expected to witness the fastest growth in the global beacon technology market during the forecast period. This growth is majorly due to the growing disposable incomes in this region along with many initiatives taken by the people towards smart homes and smart cities.
Global Beacon Technology Market The prominant players functioning in the beacon technology market are Kontakt.io, Apple Inc., Glimworm Beacons, Google Inc., Madison Beacons, Qualcomm Inc., RECO, blueSense Networks, Gimbal, Swirl, Estimote Inc., BlueCat’s, Onyx Beacon, Beaconinside, Cisco Systems Inc., and Accent Systems.
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