IT & Communication

+90% CAGR growth to be archived by Ibeacon Market 2023 According to New Research Focusing on top key vendors like Apple Inc., Estimote, Inc., Kontakt.io, Inc., Gimbal, Inc., BlueCats, Gelo Inc., Blue Sense Networks and others

Big Data Storage and Server market

Rapid advancements in wireless communication technologies in the recent years has led to the emergence and growth of Bluetooth beacons, which is a distinctive field of proximity connectivity.

The beacons technology market will take a couple of years to reach its full market potential and commercialization. Currently, beacons are dependent on Bluetooth enabled mobile devices with a compatible software application. Increase in the Internet of Things (IoT) spending, a rise in the demand for beacons for providing location-based marketing, and development visions for smart cities across the globe are driving the growth of the market.

Advancement in IT solutions such as Internet of Things (IoT), rising awareness about iBeacon technology, growing number of appcessories, low power requirement and low cost, growing smartphone usage and increasing purchasing power of consumers resulting in increased smartphone usage are some of the key factors propelling the growth of the global iBeacon and Bluetooth Beacon market.

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Key Vendors:

Apple Inc., Estimote, Inc., Kontakt.io, Inc., Gimbal, Inc., BlueCats, Gelo Inc., Blue Sense Networks, Glimworm Beacon, Sensorberg GmbH, Accent Advanced Systems, SLU., Aruba

The market share evaluation of the primary players of the Ibeacon market given in the report offers a thorough evaluation of the market shares of the companies profiled in this report. The report fuses an analysis of the company profiles as well as the industry patterns for Ibeacon market used transversely over diverse end-use businesses.

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The research report further makes use of graphical representations such as tables, info graphics, and charts to forecast figures and historical data of the global Ibeacon market. The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively.

The report takes a close and analytical look at the various companies that strive for a higher share of the global Ibeacon market. For this purpose, a section dedicated to company profiles has been included in the report. The profiling of the leading players is done in order to judge the current competitive scenario. The competitive landscape is assessed by taking into consideration many important factors such as business growth, recent developments, product pipeline, and others.

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The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. Recent trends and developments in the global Ibeacon market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. The report focuses on the global Ibeacon market, and answers some of the most critical questions stakeholders are currently facing across the globe. Information about the size of the market (by the end of the forecast year), companies that are most likely to scale up their competitive abilities, leading segments, and challenges impeding the growth of the market are given.

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Trusted current state analysis tools, such as Porter’s five forces analysis and SWOT analysis are employed in the report to assess the Ibeacon market data to deploy a complete overview of the market. Furthermore, this report gives a complete review of the magnitude and application scope of the Ibeacon market around the world. A detailed overview of the purchasing criteria and difficulties confronted in the Ibeacon business sector is also elaborated in this report.

This report provides comprehensive analysis of:

Key market segments and sub-segments

Evolving market trends and dynamics

Changing supply and demand scenarios

Quantifying market opportunities through market sizing and market forecasting

Tracking current trends/opportunities/challenges

Competitive insights

Opportunity mapping in terms of technological breakthroughs

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