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2021
Smart Beacon Market

Smart Beacon Market By Standard Type (iBeacon, Eddystone, and Others), Connectivity (Bluetooth Low Energy [BLE], Wi-Fi, and Hybrid), Offering (Hardware, Software, and Services), and End Use (Retail, Hospitality, Transportation & Logistics, Healthcare, BFSI, Education, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13114
Pages: 310
Aug 2021 | 151 Views
   
Author(s) : Avinash Savekar , Vineet Kumar
Tables: 136
Charts: 71
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Smart Beacon Market Outlook – 2030 

The global smart beacon market size is expected to reach $103.94 billion by 2030 from $3.28 billion in 2020, growing at a CAGR of 37.70% from 2021 to 2030. Smart beacons are tiny and inexpensive, micro-location-based technology devices that can send radio frequency signals and notify nearby Bluetooth devices of their presence and transmit information. 

The Hospitality and Education industry impacted negatively, due to COVID-19 Pandemic.

Smart phones or other mobile devices can capture the beacon signals and distance can be estimated by measuring received signal strength (RSSI). The closer the receptive devices the stronger will be the signals. An interesting common aspect is the use of beacons in trade and economic spheres. The purpose is to ease the potential customers shopping experience, offer better services and to contribute to a possible increase in sales. Smart beacons technology is proving to be one of the most revolutionary and innovative technologies of recent times.   

Smart-Beacon-Market-2021-2030

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Various industrial sectors including retail, transit systems, enterprises, educational institutions, event organizing, finance, and travel, have started leveraging beacons solutions to track and communicate with their potential and existing customers. A beacon fixed on to a shop wall or event location or any public place, can communicate easily with a corresponding smartphone app and figure out where the person is located currently, with great accuracy. The retailers or event organizations can then come up with a much targeted or personalized communication based on the proximity of the customer. 

The global smart beacon market size is anticipated to witness significant growth during the forecast period. Factors, such as increase in advance communication technologies, high in investments in proximity marketing, and rising adoption of smart devices drive the smart beacon market growth. Proximity marketing targets potential customers with personalized advertisements based on the customer location to attract the customer for purchase. 

Over the recent years, proximity marketing has witnessed augmented investment, due to several factors such as high possibility of successful sales, improved customer relationship, enhanced personalized experience, and real-time & inexpensive nature as compared to traditional marketing. Moreover, increase in mobile penetration fuels the growth of proximity marketing. 

However, the lack of presence of technological resources and concerns toward privacy & security is a major restraint to the global smart beacon market growth. In addition, rise in organized retailing industry is expected to create opportunities for the smart beacon industry. Increase in disposable income, improved living standard, rise of consumerism, technological impact, and entry of foreign retailers fuel the growth of the organized retail industry. Furthermore, the demand for beacon technology is expected to rise, with rise in organized retail such as supermarkets, departmental stores, hypermarkets, and discounters, as beacon makes organized retail stores smarter.       

Smart Beacon Market
By Standard Type

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iBeacon segment will maintain the lead throughout the forecast period

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Segment Overview

The smart beacon market is segmented on the basis of standard type, connectivity, offering, end use, and region. By standard type, the market is divided into iBeacon, Eddystone, and others. On the basis of connectivity, it is segregated into Bluetooth low energy (BLE), Wi-Fi, and hybrid. By offering, it is divided into hardware, software, and services. The hardware segment further sub segmented into standard beacon, sticker beacon, and card beacon. Depending on end use, it is separated into retail, hospitality, transportation & logistics, healthcare, BFSI, education, and others.      

Smart Beacon Market
By Connectivity

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Bluetooth Low Energy (BLE) segment will dominate the market during 2021 - 2030

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Region-wise, the smart beacon market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is dominating the market, due to large-scale adoption of the technology by various verticals, such as retail, backed by high penetration of mobile devices.  

Smart Beacon Market
By Offering

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Hardware segment will hold the dominant position throughout the forecast period

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Top Impacting Factors

The prominent factors which drives the smart beacon market growth are increase in advance communication technologies, high in investments in proximity marketing, and rising adoption of smart devices. However, the lack of presence of technological resources and concerns towards privacy & security is restricts the market growth. On the contrary, rise in organized retailing industry is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect global smart beacon industry during the forecast period.    

Smart Beacon Market
By End Use

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Retail segment is expected to maintain the leading position during 2021 - 2030

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Competitive Analysis

Competitive analysis and profiles of the major market players, such as Fujitsu Components Ltd. (Japan), Radius Networks (U.S.), Kontakt.io (U.S.), Cisco System (U.S.), Estimote (U.S.), Leantegra Inc. (U.S.), JAALEE Technology (China), HID Global (U.S.), Accent Systems (Spain), and Sensoro Co. Ltd. (China) are covered in this report. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.

Smart Beacon Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 42.50% during 2021 - 2030

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COVID-19 Impact Analysis

The COVID-19 pandemic has significantly impacted global economies, resulting in workforce & travel restrictions, supply chain & production disruptions, and reduced demand & spending across many sectors. Sudden decline in infrastructure development is expected to hamper the market growth for retail, transportation, education, and hospitality sector. 

The smart beacon market revenue witnessed dip in its growth rate, owing to delayed development projects, which led to a substantial impact. However, the demand from the healthcare industry has accelerated during the pandemic. Furthermore, several market players have been investing in R&D of smart beacon technology across the world. Therefore, the smart beacon market size is anticipated to gain momentum by the end of 2021. 

The COVID-19 outbreak has positively as well as negatively affected major businesses worldwide by disrupting production cycles and supply chains across industries. The retail industry has faced immense challenges in eradicating the pandemic, as the number of infections shows no signs of subsiding. Half of the world is currently facing a second wave of the pandemic. 

The decrease in productions by OEMs and reduction in demand for smart beacon and others smart devices has slightly pulled down the market for smart beacon. However, as vaccines roll out across the globe and the pandemic situation is better controlled, especially in North America and Europe. This is projected to boost the recovery of the smart beacon market.  

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global smart beacon market outlook along with the current trends and future estimations to depict the imminent investment pockets. 
  • The overall smart beacon market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and smart beacon market opportunities with a detailed impact analysis.  
  • The current smart beacon market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.   
  • Porter’s five forces analysis illustrates the potency of the buyers and the smart beacon market share of key vendors.   
  • The report includes the market trends and the revenue share of key vendors.

Smart Beacon Market Key Segments

By Standard Type

  • iBeacon
  • Eddystone
  • Others 

By Connectivity 

  • Bluetooth Low Energy (BLE)
  • Wi-Fi
  • Hybrid 

By Offering

  • Hardware    
    • Standard Beacon
    • Sticker Beacon
    • Card Beacon
  • Software    
  • Service    

By End Use

  • Retail
  • Hospitality
  • Transportation & Logistics
  • Healthcare
  • BFSI
  • Education
  • Others    

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Market Players

  • Fujitsu Components Ltd.
  • Radius Networks 
  • Kontakt.io
  • Cisco System
  • Estimote
  • Leantegra
  • JAALEE Technology
  • HID Global 
  • Accent Systems
  • Sensoro Co. Ltd. 
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the smart beacon
3.3.Patent analysis

3.3.1.By region, 2012–2020
3.3.2.By applicant, 2012–2020

3.4.Covid-19 impact analysis

3.4.1.COVID-19 outbreak
3.4.2.Impact on market size
3.4.3.End user trends, preferences, and budget impact

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in advance communication technologies

3.6.3.1.Increase in investments in proximity marketing

3.5.1.2.Rising adoption of smart devices

3.5.2.Restraint

3.5.2.1.The lack of presence of technological resources and concerns towards privacy & security

3.5.3.Opportunity

3.5.3.1.Rise in organized retailing industry

CHAPTER 4:SMART BEACON MARKET, BY STANDARD TYPE

4.1.Overview
4.2.iBeacon

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Eddystone

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Others

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:SMART BEACON MARKET, BY CONNECTIVITY

5.1.Overview
5.2.Bluetooth Low Energy (BLE)

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Wi-Fi

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Hybrid

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:SMART BEACON MARKET, BY OFFERING

6.1.Overview
6.2.Hardware

6.2.1.Standard Beacon
6.2.2.Sticker Beacon
6.2.3.Card Beacon
6.2.4.Key market trends, growth factors, and opportunities
6.2.5.Market size and forecast, by region
6.2.6.Market analysis, by country

6.3.Software

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Services

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region

6.4.3.Market analysis, by country

CHAPTER 7:SMART BEACON MARKET, BY END USE

7.1.Overview
7.2.Retail

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Hospitality

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Transportation & Logistics

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Healthcare

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.BFSI

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

7.7.Education

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis, by country

7.8.Others

7.8.1.Key market trends, growth factors, and opportunities
7.8.2.Market size and forecast, by region
7.8.3.Market analysis, by country

CHAPTER 8:SMART BEACON MAREKT, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by standard type
8.2.3.Market size and forecast, by connectivity
8.2.4.Market size and forecast, by offering
8.2.5.Market size and forecast, by end use
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by standard type
8.2.6.1.2.Market size and forecast, by connectivity
8.2.6.1.3.Market size and forecast, by offering
8.2.6.1.4.Market size and forecast, by end use

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by standard type
8.2.6.2.2.Market size and forecast, by connectivity
8.2.6.2.3.Market size and forecast, by offering
8.2.6.2.4.Market size and forecast, by end use

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by standard type
8.2.6.3.2.Market size and forecast, by connectivity
8.2.6.3.3.Market size and forecast, by offering
8.2.6.3.4.Market size and forecast, by end use

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by standard type
8.3.3.Market size and forecast, by connectivity
8.3.4.Market size and forecast, by offering
8.3.5.Market size and forecast, by end use
8.3.6.Market analysis, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, by standard type
8.3.6.1.2.Market size and forecast, by connectivity
8.3.6.1.3.Market size and forecast, by offering
8.3.6.1.4.Market size and forecast, by end use

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, by standard type
8.3.6.2.2.Market size and forecast, by connectivity
8.3.6.2.3.Market size and forecast, by offering
8.3.6.2.4.Market size and forecast, by end use

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by standard type
8.3.6.3.2.Market size and forecast, by connectivity
8.3.6.3.3.Market size and forecast, by offering
8.3.6.3.4.Market size and forecast, by end use

8.3.6.4.Italy

8.3.6.4.1.Market size and forecast, by standard type
8.3.6.4.2.Market size and forecast, by connectivity
8.3.6.4.3.Market size and forecast, by offering
8.3.6.4.4.Market size and forecast, by end use

8.3.6.5.Rest of Europe

8.3.6.5.1.Market size and forecast, by standard type
8.3.6.5.2.Market size and forecast, by connectivity
8.3.6.5.3.Market size and forecast, by offering
8.3.6.5.4.Market size and forecast, by end use

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by standard type
8.4.3.Market size and forecast, by connectivity
8.4.4.Market size and forecast, by offering
8.4.5.Market size and forecast, by end use
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by standard type
8.4.6.1.2.Market size and forecast, by connectivity
8.4.6.1.3.Market size and forecast, by offering
8.4.6.1.4.Market size and forecast, by end use

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by standard type
8.4.6.2.2.Market size and forecast, by connectivity
8.4.6.2.3.Market size and forecast, by offering
8.4.6.2.4.Market size and forecast, by end use

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by standard type
8.4.6.3.2.Market size and forecast, by connectivity
8.4.6.3.3.Market size and forecast, by offering
8.4.6.3.4.Market size and forecast, by end use

8.4.6.4.South Korea

8.4.6.4.1.Market size and forecast, by standard type
8.4.6.4.2.Market size and forecast, by connectivity
8.4.6.4.3.Market size and forecast, by offering
8.4.6.4.4.Market size and forecast, by end use

8.4.6.5.Australia

8.4.6.5.1.Market size and forecast, by standard type
8.4.6.5.2.Market size and forecast, by connectivity
8.4.6.5.3.Market size and forecast, by offering
8.4.6.5.4.Market size and forecast, by end use

8.4.6.6.Rest of Asia-Pacific

8.4.6.6.1.Market size and forecast, by standard type
8.4.6.6.2.Market size and forecast, by connectivity
8.4.6.6.3.Market size and forecast, by offering
8.4.6.6.4.Market size and forecast, by end use

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by standard type
8.5.3.Market size and forecast, by connectivity
8.5.4.Market size and forecast, by offering
8.5.5.Market size and forecast, by end use
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by standard type
8.5.6.1.2.Market size and forecast, by connectivity
8.5.6.1.3.Market size and forecast, by offering
8.5.6.1.4.Market size and forecast, by end use

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by standard type
8.5.6.2.2.Market size and forecast, by connectivity
8.5.6.2.3.Market size and forecast, by offering
8.5.6.2.4.Market size and forecast, by end use

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by standard type
8.5.6.3.2.Market size and forecast, by connectivity
8.5.6.3.3.Market size and forecast, by offering
8.5.6.3.4.Market size and forecast, by end use

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Introduction

9.1.1.Market player positioning, 2020

9.2.Top winning strategies
9.3.Product mapping of top 10 player
9.4.Competitive heatmap

CHAPTER 10:COMPANY PROFILES

10.1.Accent Systems

10.1.1.Company overview
10.1.2.Company snapshot
10.1.3.Product portfolio
10.1.4.Key strategic moves and developments

10.2.Estimote, Inc.

10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Product portfolio
10.2.4.Key strategic moves and developments

10.3.Kontakt.io, Inc.

10.3.1.Company overview Company snapshot
10.3.2.Product portfolio
10.3.3.Key strategic moves and developments

10.4.Leantegra Inc.

10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Product portfolio

10.5.Fujitsu Components Ltd.

10.5.1.Company overview
10.5.2.Key executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.Business performance
10.5.7.Key strategic moves and developments

10.6.Radius Networks

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Product portfolio
10.6.6.Key strategic moves and developments

10.7.Cisco Systems

10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Operating business segments
10.7.5.Product portfolio
10.7.6.R&D expenditure
10.7.7.Business performance
10.7.8.Key strategic moves and developments

10.8.JAALEE Technology

10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Product portfolio

10.9.Sensoro Co Ltd

10.9.1.Company overview
10.9.2.Key executives
10.9.3.Company snapshot
10.9.4.Product portfolio

10.10.HID Global (Assa Abloy)

10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Product portfolio
10.10.5.R&D expenditure
10.10.6.Business performance
10.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 02.SMART BEACON MARKET FOR IBEACON, BY REGION, 2020–2030 ($MILLION)
TABLE 03.SMART BEACON MARKET FOR EDDYSTONE, BY REGION, 2020–2030 ($MILLION)
TABLE 04.SMART BEACON MARKET FOR OTHER, BY REGION, 2020–2030 ($MILLION)
TABLE 05.SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 06.SMART BEACON MARKET FOR BLUETOOTH LOW ENERGY (BLE), BY REGION, 2020–2030 ($MILLION)
TABLE 07.SMART BEACON MARKET FOR WI-FI, BY REGION, 2020–2030 ($MILLION)
TABLE 08.SMART BEACON MARKET FOR HYBRID, BY REGION, 2020–2030 ($MILLION)
TABLE 09.SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 10.SMART BEACON MARKET FOR HARDWARE, BY REGION, 2020–2030 ($MILLION)
TABLE 11.SMART BEACON MARKET FOR SOFTWARE, BY REGION, 2020–2030($MILLION)
TABLE 12.SMART BEACON MARKET FOR SERVICES, BY REGION, 2020–2030($MILLION)
TABLE 13.SMART BEACON MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 14.SMART BEACON MARKET FOR RETAIL, BY REGION, 2020–2030 ($MILLION)
TABLE 15.SMART BEACON MARKET FOR HOSPITALITY, BY REGION, 2020–2030 ($MILLION)
TABLE 16.SMART BEACON MARKET FOR TRANSPORTATION & LOGISTICS, BY REGION, 2020–2030 ($MILLION)
TABLE 17.SMART BEACON MARKET FOR HEALTHCARE, BY REGION, 2020–2030 ($MILLION)
TABLE 18.SMART BEACON MARKET FOR BFSI, BY REGION, 2020–2030 ($MILLION)
TABLE 19.SMART BEACON MARKET FOR EDUCATION, BY REGION, 2020–2030 ($MILLION)
TABLE 20.SMART BEACON MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 21.SMART BEACON MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 22.NORTH AMERICA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 23.NORTH AMERICA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 24.NORTH AMERICA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 25.NORTH AMERICA SMART BEACON MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 26.U.S. SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 27.U.S. SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 28.U.S. SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 29.U.S. SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 30.CANADA SMART BEACON MARKET, BY STANDARD TYPE 2020–2030 ($MILLION)
TABLE 31.CANADA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 32.CANADA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 33.CANADA SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 34.MEXICO SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 35.MEXICO SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 36.MEXICO SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 37.MEXICO SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 38.EUROPE SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 39.EUROPE SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 40.EUROPE SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 41.EUROPE SMART BEACON MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 42.UK SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 43.UK SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 44.UK SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 45.UK SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 46.GERMANY SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 47.GERMANY SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 48.GERMANY SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 49.GERMANY SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 50.FRANCE SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 51.FRANCE SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 52.FRANCE SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 53.FRANCE SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 54.ITALY SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 55.ITALY SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 56.ITALY SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 57.ITALY SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 58.REST OF EUROPE SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 59.REST OF EUROPE SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 60.REST OF EUROPE SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 61.REST OF EUROPE SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 62.ASIA-PACIFIC SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 63.ASIA-PACIFIC SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 64.ASIA-PACIFIC SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 65.ASIA-PACIFIC SMART BEACON MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 66.CHINA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 67.CHINA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 68.CHINA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 69.CHINA SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 70.JAPAN SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 71.JAPAN SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 72.JAPAN SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 73.JAPAN SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 74.INDIA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 75.INDIA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 76.INDIA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 77.INDIA SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 78.SOUTH KOREA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 79.SOUTH KOREA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 80.SOUTH KOREA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 81.SOUTH KOREA SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 82.AUSTRALIA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 83.AUSTRALIA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 84.AUSTRALIA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 85.AUSTRALIA SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 86.REST OF ASIA-PACIFIC SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 87.REST OF ASIA-PACIFIC SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 88.REST OF ASIA-PACIFIC SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 89.REST OF ASIA-PACIFIC SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 90.LAMEA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 91.LAMEA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 92.LAMEA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 93.LAMEA SMART BEACON MARKET, BY END USE, 2020–2030 ($MILLION)
TABLE 94.LATIN AMERICA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 95.LATIN AMERICA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 96.LATIN AMERICA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 97.LATIN AMERICA SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 98.MIDDLE EAST SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 99.MIDDLE EAST SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 100.MIDDLE EAST SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 101.MIDDLE EAST SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 102.AFRICA SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030 ($MILLION)
TABLE 103.AFRICA SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030 ($MILLION)
TABLE 104.AFRICA SMART BEACON MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 105.AFRICA SMART BEACON MARKET, BY END USE, 2020-2030 ($MILLION)
TABLE 106.ACCENT SYSTEMS: COMPANY SNAPSHOT
TABLE 107.ACCENT SYSTEMS: PRODUCT PORTFOLIO
TABLE 108.ESTIMOTE: COMPANY SNAPSHOT
TABLE 109.ESTIMOTE: PRODUCT PORTFOLIO
TABLE 110.KONTAKT.IO: COMPANY SNAPSHOT
TABLE 111.KONTAKT.IO: PRODUCT PORTFOLIO
TABLE 112.LEANTEGRA: COMPANY SNAPSHOT
TABLE 113.LEANTEGRA: PRODUCT PORTFOLIO
TABLE 114.FUJITSU COMPONENTS LTD: KEY EXECUTIVES
TABLE 115.FUJITSU COMPONENTS LTD: COMPANY SNAPSHOT
TABLE 116.FUJITSU COMPONENTS LTD: OPERATING SEGMENTS
TABLE 117.FUJITSU COMPONENTS LTD: PRODUCT PORTFOLIO
TABLE 118.FUJITSU COMPONENTS LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 119.RADIUS NETWORKS: KEY EXECUTIVES
TABLE 120.RADIUS NETWORKS: COMPANY SNAPSHOT
TABLE 121.RADIUS NETWORKS: PRODUCT PORTFOLIO
TABLE 122.RADIUS NETWORK: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 123.CISCO SYSTEMS: KEY EXECUTIVES
TABLE 124.CISCO SYSTEMS: COMPANY SNAPSHOT
TABLE 125.CISCO SYSTEMS: OPERATING SEGMENTS
TABLE 126.CISCO SYSTEMS: PRODUCT PORTFOLIO
TABLE 127.CISCO SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 128.JAALEE TECHNOLOGY: COMPANY SNAPSHOT
TABLE 129.JAALEE TECHNOLOGY: PRODUCT PORTFOLIO
TABLE 130.SENSORO CO LTD: KEY EXECUTIVES
TABLE 131.SENSORO CO LTD: COMPANY SNAPSHOT
TABLE 132.SENSORO CO LTD: PRODUCT PORTFOLIO
TABLE 133.HID GLOBAL (ASSA ABLOY): KEY EXECUTIVES
TABLE 134.HID GLOBAL (ASSA ABLOY): COMPANY SNAPSHOT
TABLE 135.HID GLOBAL (ASSA ABLOY): PRODUCT PORTFOLIO
TABLE 136.HID GLOBAL (ASSA ABLOY): KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.SEGMENT INFORMATION
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE TO HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE TO HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE INTENSITY OF RIVALRY
FIGURE 10.MODERATE TO HIGH BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.SMART BEACON MARKET, BY STANDARD TYPE, 2020–2030
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR IBEACON,  BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR EDDYSTONE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR OTHER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.SMART BEACON MARKET, BY CONNECTIVITY, 2020–2030
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR BLUETOOTH LOW ENERGY (BLE), BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR WI-FI, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR HYBRID, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.SMART BEACON MARKET, BY OFFERING, 2020–2030
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR HARDWARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR SOFTWARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF SMART BEACON MARKET FOR SERVICES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.SMART BEACON MARKET, BY APPLICATION, 2020–2030
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF SHARE SMART BEACON MARKET FOR RETAIL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SHARE SMART BEACON MARKET FOR HOSPITALITY, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF SHARE SMART BEACON MARKET FOR TRANSPORTATION & LOGISTICS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF SHARE SMART BEACON MARKET FOR HEALTHCARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF SHARE SMART BEACON MARKET FOR BFSI, BY COUNTRY, 2020 & 2030 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF SHARE SMART BEACON MARKET FOR EDUCATION, BY COUNTRY, 2020 & 2030 (%)
FIGURE 32.COMPARATIVE SHARE ANALYSIS OF SHARE SMART BEACON MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 33.SMART BEACON MARKET, BY REGION, 2020-2030 (%)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA SMART BEACON MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 35.U.S. SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 36.CANADA SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 37.MEXICO SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 38.COMPARATIVE SHARE ANALYSIS OF EUROPE SMART BEACON MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 39.UK SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 40.GERMANY SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 41.FRANCE SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 42.ITALY SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 43.REST OF EUROPE SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 44.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC SMART BEACON MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 45.CHINA SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 46.JAPAN SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 47.INDIA SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 48.SOUTH KOREA SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 49.AUSTRALIA SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 50.REST OF ASIA-PACIFIC SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 51.COMPARATIVE SHARE ANALYSIS OF LAMEA SMART BEACON MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 52.LATIN AMERICA SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 53.MIDDLE EAST SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 54.AFRICA SMART BEACON MARKET, 2020–2030 ($MILLION)
FIGURE 55.MARKET PLAYER POSITIONING, 2020
FIGURE 56.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 57.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 58.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 59.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 60.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 61.FUJITSU COMPONENTS LTD: REVENUE, 2018–2020 ($MILLION)
FIGURE 62.FUJITSU COMPONENTS LTD: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 63.FUJITSU COMPONENTS LTD: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 64.CISCO SYSTEMS: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 65.CISCO SYSTEMS. : REVENUE, 2018–2020 ($MILLION)
FIGURE 66.CISCO SYSTEMS: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 67.CISCO SYSTEMS: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 68.HID GLOBAL (ASSA ABLOY): R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 69.HID GLOBAL (ASSA ABLOY): REVENUE, 2018–2020 ($MILLION)
FIGURE 70.HID GLOBAL (ASSA ABLOY): REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 71.HID GLOBAL (ASSA ABLOY): REVENUE SHARE, BY REGION, 2020 (%)

 
 

The global smart beacon market is projected to witness significant growth in the near future, especially in North America and Europe, owing to rise in investment in proximity marketing. Companies in this retail industry adopt various innovative techniques to provide customers with advanced and innovative features.   

Asia-Pacific is expected to depict the fastest growth in the global smart beacon market during the forecast period owing, to increase in investment in smart beacon and high adoption of internet of things (IoT) technology. Also, Asia-Pacific has witnessed a wide-scale adoption of smart beacon in retail, hospitals, automotive, transportation, and education sectors.

The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Product launch, agreement, collaboration, and partnership are expected to be the prominent strategies adopted by the market players. Enhanced features of beacon solution such as employee & asset monitoring, data generation, resource optimization, and others drive the growth of the smart beacon market.

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A. The Smart Beacon Market is estimated to grow at a CAGR of 37.70% from 2021 to 2030.

A. The Smart Beacon Market is projected to reach $103.94 billion by 2030.

A. To get the latest version of sample report

A. Increase in advance communication technologies, and high in investments in proximity marketing etc. boost the Smart Beacon market growth.

A. The key players profiled in the report include Fujitsu Components Ltd. (Japan), Radius Networks (U.S.), Kontakt.io (U.S.), and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Smart Beacon Market is segmented on the basis of standard type, connectivity, offering, end use, and region.

A. The key growth strategies of Smart Beacon market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Asia-Pacific region would grow at a highest CAGR of 42.5% during the forecast period.

A. iBeacon segment will dominate the market by the end of 2030.

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