- April 2020 |
- Information and Communication Technology (ICT) / Software
Global Beacon Technology Market by Type (iBeacon, Eddystone, AltBeacon, Others), By Technology (Bluetooth, Wifi, Ultrasound, Combined Technology), By Application (Retail, Travel, Tourism & Hospitality, Healthcare, BFSI, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, And Middle East & Africa); Trend Analysis, Competitive Market Share & Forecast, 2016-2026
Global Beacon Technology Market Forecast and Trends
Global Beacon Technology market witness market size of USD 1.29 billion in 2019 to projected to reach USD 19.32 billion by 2026 at a CAGR of 47.6% during 2020-2026. The major factors contributing to the growth of the beacon market include rising demand for Indoor Positioning and Indoor Navigation (IPIN) systems in retail stores and shopping malls.
In addition cohesive government...