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North America Beacon Technology Market Revenue to Exceed USD 8 Billion by 2024

Author : Ronak Bora | Published Date : 2020-10-16 

The market study on North America Beacon Technology Market provides detailed analysis on this industry including substantial details subject to its overall position in the global landscape and applications across myriad end-user industries.

According to this report, the North America beacon technology industry was valued at USD 100 million in 2016 and is further projected to record a valuation of USD 8 billion by 2024 while depicting a growth rate of 70% over 2019-2024. In line with this, the study also constitutes of crucial information on the current market scenario, developing technologies, widespread competitive landscape, strategies undertaken by market rivals, prospects, and vivid market segmentations.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1121/sample

Moreover, details regarding growth rendering factors and ongoing technological trends that are expected to drive the overall North America beacon technology industry have also been accurately drafted in the research report. The North American beacon technology market has been potentially fragmented based on platform, deployment model, application, regions, and competitive landscape, whose in-depth study has also been covered in the report.

The Eddystone platform is expected to register an accelerated growth between 2017 and 2024 with an impressive CAGR of over 75%. The platform eliminates the need for native apps by directly leveraging the chrome app on smartphones for offering a contextual mobile experience.

As per the given document, North America beacon technology market has vividly been diversified into regions. The report also includes substantial information on various factors that contribute to the overall market growth, trending growth opportunities, current and predicted CAGRs, technologies being used, robust presence of top-notch companies, regulatory reforms, and individual market share.

The North America beacon technology market growth is attributed to the growing awareness regarding the benefits of proximity marketing among the retail and the healthcare sectors. According to a 2015 study of Canadian consumers’ awareness about location-based technology conducted by the Canadian Marketing Association (CMA), the consumers are ready to adopt the beacon technology and are over 85% of them are highly aware of its benefits.

The beacon technology market in North America is highly consolidated and claims the presence of prominent companies such as Beaconinside, Estimote, Sensorberg, Glimworm Beacons, Kontakt.io, blueSense Networks, Madison Beacons, Gimbal, BlueCats, Apple, Google, Swirl, Texas Instruments, Onyx Beacon, Radius Networks, and RECO. Additionally, the document drafted puts forth details on the sales spectrum of each of these firms, their market tactics to maintain strong foothold in the overall market, individual company profiles and market share, and their stance in the global ecosystem.

[TOC Chapters]

Chapter 4.North AmericaBeacon Technology Market Size, by Platform, 2013 – 2024

 

  • iBeacon
  • Eddystone
  • AltBeacon

 

Chapter 5.North AmericaBeacon Technology Market Size, by Deployment Model, 2013 – 2024

  • On-premise
  • Cloud

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1121/north-america-beacon-technology-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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