Ibeacon Market 2015 Is Set to Grow at a CAGR of 200.3% by 2019
The world is undergoing the third industrial revolution, following the first machine-based production revolution, subsequent electrification-based mass production systems, and now the development of smart infrastructure built around the internet of things (IoT). ibeacons, based on micro-location and contextual engagement, are a part of the IoT ecosystem. These small devices provide location-based information and alerts to nearby iPhones and other iOS devices using Bluetooth low-energy transmissions.
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