Albany, NY -- (SBWire) -- 10/10/2018 --Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled "Global Beacon Market: In-Depth Analysis with Booming Trends Supporting Growth Till 2026". This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Beacon. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.
This report analyzes and forecasts the beacon market at the global and regional level. The market has been forecasted based on revenue (US$ Mn) and volume (thousand units) from 2018 to 2026. The study includes drivers and restraints of the global beacon market. It also covers the impact of these drivers and restraints during the forecast period. The report comprises a detailed value chain analysis which provides a comprehensive view of the global beacon market. Porter's Five Forces model for the market has also been included to help understand the competitive landscape in the market. The study encompasses a market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
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This research study on the global beacon market provides a detailed cross segment and cross-country analysis based on the different segments including end-use industry, technology, and component. Based on application, the global beacon market is segmented into Retail, Advertising, and Manufacturing, Transportation and Logistics, Healthcare and Others. Others include Sports and Museum. Additionally, by Technology, the global beacon market is segmented into iBeacon, Eddystone, and others. Others include AltBeacon and GeoBeacon. By component, the market is segmented into hardware and software.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, national government documents, statistical databases, and market reports, Factiva, etc.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook, etc. These help us to validate and strengthen secondary research findings. These also help to develop the analysis team's market expertise and understanding.
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The report highlights well-established players of the market including Aruba Networks Inc, Gimbal, Estimote Inc., Kontakt.io and Radius Networks, Inc. among others. These key players are looking to capture larger market share by innovating novel beacon lights. For instance, in June 2017, Aruba Networks Inc. has further altered its offerings which uses the Internet of Things (IoT), by introducing a location-based asset tracking solution in collaboration with its wireless platforms. This can have a positive impact on the beacon offerings of the company. Additionally, in April 2018, Kontakt.io formed a partnership with Cassia Networks, a Bluetooth IoT solution provider to offer enhanced Bluetooth beacon offerings to its customers.
Global Beacon Market
Global Beacon Market, by End-use Industry
Retail
Advertising
Manufacturing
Transportation and Logistics
Healthcare
Others
Global Beacon Market, by Technology
iBeacon
Eddystone
Others
Global Beacon Market, by Component
Hardware
Software
Global Beacon Market, by Geography
North America
The U.S.
Canada
Rest of North America
Europe
France
The U.K
Germany
Rest of Europe
Asia Pacific (APAC)
India
Japan
China
Rest of APAC
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
South America
Brazil
Rest of South America
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Global Beacon Market: In-Depth Analysis with Booming Trends Supporting Growth Till 2026
The global beacon market is foreseen to achieve US$4.9 bn by the end of 2026. The market is anticipated to flourish at a CAGR of 16.05% within the forecast period from 2018 to 2026.