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The Beacon Technology Market was worth USD 54.34 million in 2014 and is expected to reach approximately USD 10474.30 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 79.43% during the forecast period.
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Beacon Technology Market- Global Industry Analysis And Forecast To 2023
Market Overview The Beacon Technology Market was worth USD 54.34 million in 2014 and is expected to reach approximately USD 10474.30 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 79.43% during the forecast period. The beacon technology market is picking up traction because of reliably developing interest for proximity-based marketing solutions in the retail condition. As there is an expanding requirement for customized service experience by clients, retailers are exploring modern technological options for enhancing in-store advertising endeavours. With smartphones ready to develop as the pervasive technology of the 21st century, their fast adoption around the globe is boosting the development of the beacon technology market. In addition, government offices around the globe are concentrating on creating smart city projects to modernize the urban framework and make very associated urban areas by utilizing innovative technologies.
Market Segment by Key Players Beacon Technology market key players are: • Gimbal Inc • Beaconinside • Sensorberg • Glimworm Beacons • Google • Beacon SRL • Estimote Inc • Texas Instruments • Radius Networks • BlueCat • blueSense Networks • Apple
Market Segment by Application Beacon Technology market application are: • Retail • Tourism & Hospitality • Financial Institutions Real-estate Education • Travel • Healthcare
Market Segment by Platforms Beacon Technology market by platforms are: • iBeacon • AltBeacon • Eddystone
Market Segment by Deployment Model Beacon Technology market by Deployment Model are: • Cloud • On-premise
Market Segment by Technology Beacon Technology market by technology are: • Wi-Fi • BLE • Combined Technologies • Ultrasound
Market Segment by Region Beacon Technology market by regions are: • North America • Europe • Asia Pacific • South America • Middle East and Africa
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