Albany, NY -- (SBWIRE) -- 09/12/2018 -- Beacons are small computers, approximately size of standard Wi-Fi router. Beacons utilizes proximity technology to detect human presence and provides pre-set actions to deliver information, personalized experience and contextual. When a user walks beyond the area, where indoor positioning system has been set up, beacon sends a message to their mobile devices. Rising investment in proximity marketing, improved features of beacon solutions including asset & employee monitoring, resource optimization, data generation. Further, increasing data security and privacy concern is anticipated to limit the expansion of global beacon market over the assessment period. To evaluate different factors influencing growth of global beacon market, Market Research Report Search Engine (MRRSE) has included a report titled "Beacon Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026" to its repository.

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The report states that the global beacon market is likely to be influenced by several facets such as increasing popularity and rising adoption of beacon technology with Internet of Things (IoT). Further, rising adoption of proximity marketing is anticipated to drive the global beacon market over the assessment period. According to the report, Asia Pacific will retain its dominance in the global beacon market through 2026. Additionally, increasing adoption of beacons in smart cities is the key factor boosting demand for global beacon market.

Beacon Market: Scope of the Report

An all-inclusive study on future performance of global beacon market has been included in this report. Inclusion of opinions and inputs provided by professionals, experts and leading players operating in different verticals of the market has made the report most creditable go-to forecast. Information related to market taxonomy has been propounded in the commencing section of the report. Growth prospects and future performance of the market on the basis of various segments have been neatly included in this section. This is likely to be helpful to the readers as well as leading players to plan their future growth strategies to improve their consumer base.

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Other section of the report provides information related to deep viewpoints on the market including micro- and macroeconomic factors such as urbanization trends, population statistics, GDP forecasts as well as industry value analysis. Insightful information and analysis of different drivers, trends and opportunities in the market influencing growth has been inked in this section of the report. Macroeconomic facets impacting on the growth of the global market have been provided in a tabular form, which is likely to help readers and clients to understand dynamics of the market.

Beacon Market: Competitive Landscape

Final section of the report includes competitive landscape of the global beacon market. Scenario and strategies of each player operating in the global market on the basis of various segments have been propounded in this section. Forecasts on factors of competitiveness such as key developments, product portfolio, SWOT analysis as well as innovations, mergers & acquisition have been propounded in this section. Readers of the report can leverage this unbiased information to understand requirements of consumers and can increase their consumer base by reaching all those needs. Leading players operating in the global market have been profiled in the report. Innovations, developments and mergers & acquisition of these players have been inked in the final section of the report.

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