iBeacon And Bluetooth Beacon Market Growth and Segments,2016-2026
Future Market Insights has announced the addition of the “iBeacon And Bluetooth Beacon Market: Global Industry Analysis and Opportunity Assessment 2016-2026” report to their offering.
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Global<br />
<strong>i<strong>Beacon</strong></strong> <strong>And</strong><br />
<strong>Bluetooth</strong> <strong>Beacon</strong><br />
<strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
<strong>2016</strong>-<strong>2026</strong><br />
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Report Description<br />
Nowadays, the world is going through the third industrial revolution i.e. the smart infrastructure<br />
development built around the Internet of Things (IoT). Continuous technology advancement is a<br />
key factor for the revolution of the global stores <strong>and</strong> business sectors. Over the last decade,<br />
various technological advancements in the electronics <strong>and</strong> information technology have<br />
occurred rapidly resulting in the development of the global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon<br />
market. <strong>i<strong>Beacon</strong></strong> is a protocol which was originally developed by Apple Inc. Since then, other<br />
vendors also have made <strong>i<strong>Beacon</strong></strong>-compatible hardware transmitters known as beacon. The<br />
technology enables tablets, smartphones <strong>and</strong> other devices to carry out activities such as to<br />
send or distribute messages <strong>and</strong> approximate location determination when there is nearness to<br />
an <strong>i<strong>Beacon</strong></strong>. Both software <strong>and</strong> hardware components are involved in <strong>i<strong>Beacon</strong></strong> technology.<br />
<strong>i<strong>Beacon</strong></strong> is compatible with OS 7, iPod touch (5th generation) or later, iPad mini or later <strong>and</strong> iPad<br />
(3rd generation), iPhone 4s or later or later devices. Also, with <strong>And</strong>roid 4.3+, Macintosh<br />
computers (OS X Mavericks 10.9 <strong>and</strong> <strong>Bluetooth</strong>) 4.0 <strong>and</strong> Windows Phone devices (Lumia Cyan<br />
update or above). Various applications offered by <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon include alert or<br />
push notification sending to <strong>i<strong>Beacon</strong></strong> enabled device, whenever the <strong>i<strong>Beacon</strong></strong> user is around a<br />
<strong>i<strong>Beacon</strong></strong>-enabled retail shop (special offers), museum (sporting event/closest display), bus stop<br />
<strong>and</strong> other locations.Travel industries are undergoing through major deployments of beacon<br />
technology in airports <strong>and</strong> hotels. The <strong>i<strong>Beacon</strong></strong>s <strong>and</strong> <strong>Bluetooth</strong> beacons are intensively used in<br />
smartphones. Thus, the global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon market is anticipated to witness<br />
significant CAGR during the forecast period.
Report Description<br />
Global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> <strong>Beacon</strong> <strong>Market</strong>: Drivers <strong>and</strong> Restraints<br />
Advancement in IT solutions such as Internet of Things (IoT), rising awareness about<br />
<strong>i<strong>Beacon</strong></strong> technology, growing number of appcessories, low power requirement <strong>and</strong> low<br />
cost, growing smartphone usage <strong>and</strong> increasing purchasing power of consumers resulting<br />
in increased smartphone usage are some of the key factors propelling the growth of the<br />
global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> <strong>Beacon</strong> market.<br />
However, with the use of <strong>i<strong>Beacon</strong></strong>s <strong>and</strong> <strong>Bluetooth</strong> beacon, users are expected to witness<br />
challenges related to limited transmit-only protocol (no bidirectional communications<br />
between two devices), frequency variance (do not have the same frequency <strong>and</strong> do not<br />
transmit signals of same power), privacy <strong>and</strong> security issues,fluctuation in signal accuracy<br />
due to weather conditions, device power, temperature <strong>and</strong> polling intervals. This limits<br />
adoption of <strong>i<strong>Beacon</strong></strong>s <strong>and</strong> <strong>Bluetooth</strong> beacon among users <strong>and</strong> restricts theglobal <strong>i<strong>Beacon</strong></strong><br />
<strong>and</strong> <strong>Bluetooth</strong> beacon market growth.<br />
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Global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> <strong>Beacon</strong><strong>Market</strong>: Segmentation<br />
The global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon market is segmented as follows:
Report Description<br />
•Global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> <strong>Beacon</strong><strong>Market</strong>, by Device Type<br />
•Smartphones<br />
• iPhone<br />
• <strong>And</strong>roid phones<br />
•Tablets or iPad/iPod<br />
•Laptops <strong>and</strong> Computers<br />
•Other devices (Apple TV, Small PCB, USB)<br />
•Global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> <strong>Beacon</strong><strong>Market</strong>, by End Use<br />
•Sports arena<br />
•Retail<br />
•Airports<br />
•Museum<br />
•Application development<br />
•Manufacturing & R&D<br />
•Transport<br />
•Building & Infrastructure
Report Description<br />
Global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> <strong>Beacon</strong><strong>Market</strong>: Regional Outlook<br />
Geographically, the global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon market is segmented into seven<br />
regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific<br />
Excluding Japan (APEJ), Japan, <strong>and</strong> the Middle East <strong>and</strong> Africa (MEA). North America is the<br />
prominent contributor in the global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon <strong>Market</strong>, owing to highest<br />
penetration of organized retail <strong>and</strong> growing adoption of <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon services.<br />
Western Europe & Eastern Europe collectively contribute significant share to the global <strong>i<strong>Beacon</strong></strong><br />
<strong>and</strong> <strong>Bluetooth</strong> beacon market. This is due to growing multichannel marketing <strong>and</strong> the product<br />
distribution in the retail industry across these regions. Also,<strong>Bluetooth</strong> beacon manufacturers are<br />
developing software apps for beacon as well as they are manufacturing beacon devices.<br />
Enormous market growth <strong>and</strong> high internet penetration, improvement in technology<br />
infrastructure are few factors boosting <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon market growth in MEA. In<br />
APEJ <strong>and</strong> Japan, countries such as India, China, Japan <strong>and</strong> Philippines are anticipated towitness<br />
robust adoption of<strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon. This is due to growing disposable income<br />
coupled with rising consumer awareness for <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon.<br />
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Global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> <strong>Beacon</strong><strong>Market</strong>: Key Players<br />
The key players in the global <strong>i<strong>Beacon</strong></strong> <strong>and</strong> <strong>Bluetooth</strong> beacon <strong>Market</strong> are<br />
Apple Inc.<br />
Cisco Systems, Inc.
Report Description<br />
Estimote, Inc.<br />
Kontakt.io<br />
Gimbal, Inc.<br />
BlueCats<br />
Gelo Inc.<br />
Blue Sense Networks<br />
Glimworm <strong>Beacon</strong>s
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