Beacons Market
Beacons Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Beacons Market Size and Growth
The Beacons market is poised for substantial growth, driven by advancements in location-based technology and increasing demand for proximity marketing. The global market size is estimated to reach approximately $1 billion by 2026, reflecting a compound annual growth rate (CAGR) of around 25%, influenced by rising retail and smart city applications.
Companies Covered
(Covid 19 Impact Covered)
◍ BlueCats
◍ BlueSense
◍ Estimote
◍ Gelo
◍ Glimworm
◍ Qualcomm
◍ Kontakt
◍ Sonic Notify
The beacons market features companies like BlueCats, Estimote, and Qualcomm, which enhance proximity marketing and analytics through Bluetooth technology. These firms drive growth by offering innovative solutions and integrations. Sales figures include Estimote with $10 million, and Kontakt generating €5 million, showcasing the market's expanding potential.
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Market Segmentation
By Application
Retail
Non-retail
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By Product
For navigation
For defensive communications
On vehicles
Other
Market Growth
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$ X Billion USD
