Beacon Technology Market Size Worth USD 35.15 Billion by 2027 | CAGR of 44.1%: Emergen Research

Beacon Technology Market Size Worth USD 35.15 Billion by 2027 | CAGR of 44.1%: Emergen Research

PR Newswire

VANCOUVER, BC, Oct. 29, 2020

- The increasing IoT penetration and growing government initiatives to improve the retail industry are driving the demand for the market.

- Market Size – USD 2.10 Billion in 2019, Market Growth - CAGR of 44.1%, Market Trends – The rise in the adoption of advanced operational technology in several industries.

VANCOUVER, BC, Oct. 29, 2020 /PRNewswire/ -- The Global Beacon Technology Market is forecast to be worth USD 35.15 Billion by 2027, according to a current analysis by Emergen Research. The beacon technology market is anticipated to grow substantially owing to the growing penetration of the Internet of Things technology, increasing investments in proximity marketing, and rising demand for sensor-based devices in different industries. The growth in organized retail stores provides the players functioning in the beacon technology market with sufficient growth prospects. With the support of government-organized retail outlets are growing substantially, such as supermarkets, department stores, and hypermarkets, which is expected to fuel the market growth shortly.

Emergen_Research_Logo

The high configuration costs and security problems are likely to hamper the growth of the market.

Request free sample of this research report at: https://www.emergenresearch.com/request-sample/233

Key Highlights From The Report

To get leading market solutions, visit the link below: 

https://www.emergenresearch.com/industry-report/beacon-technology-market

Emergen Research has segmented the Global Beacon Technology Market on the basis of deployment, platform, technology end-use, and region:

Order Now: https://www.emergenresearch.com/select-license/233

Find more similar research insights by Emergen Research:

Medical Lighting Technologies Market By Product Type, By Application (Intensive care units (ICU), Operating room/surgical suites, Examination rooms, Others), By Technology (Incandescent and Halogen, Light-Emitting Diode (LED), Fluorescent lighting technologies, and Others), By Region Forecasts to 2027

Airborne LiDAR Market By Type (Bathymetric, Topographic), By Platform (UAVs, Fixed Wing Aircraft, Rotary Wing Aircraft), By Component (Cameras, Lasers, Micro-electromechanical Systems, Inertial Navigation Systems, GPS/GNSS), By Application, By End-Use, By Region Forecasts to 2027

Solar LED Street Lighting Market By Product (Grid Connected, Standalone), By Component (Solar Cell, Light Pole, LED Lamps), By End-Use (Residential, Industrial, Commercial), By Region Forecasts to 2027

Silicon Photonics Devices Market By Product (Optical Cables, Multiplexers, Optical Transceivers), By Devices (Photo Detector, Optical Waveguide, Optical Modulator), By Application (IT & Telecommunication, Healthcare, Defense, Consumer Electronics), and By Region, Forecasts to 2027

About Emergen Research

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

With market-leading insights and an in-depth understanding of leading and niche technologies, our solutions address the most pertinent questions for your business needs. A major technological shift has been witnessed towards creating a 'Circular Economy,' fuelled by factors, such as the increased adoption of bio-based materials, along with other methods for achieving carbon neutrality. We are conversant in technologies, viz., Artificial Intelligence (AI), Augmented Reality (AR), Virtual Reality (VR), Robotic Process Automation (RPA), Smart Manufacturing, Internet of Things (IoT), Big Data Analytics, Machine learning, Nanotechnology, Edge Computing, Blockchain Technology, Cloud Computing, Vehicle Electrification, Advanced Maintenance Analytics, and Predictive Maintenance, among other prevalent and emergent technologies.

Contact Us:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com

Read full Press Release at: https://www.emergenresearch.com/press-release/global-beacon-technology-market

Voltar noticias em Inglês