English Press Release Reportedtimes Research Newswire

BLE Beacons Market Revenue, Growth Analysis, Key Players, Opportunities and Impact of COVID

Global BLE Beacons Market

Globally, it has been marked that the BLE Beacon market occupied a market value of about USD 3.12 million during the market forecast period. It occupied a CAGR value of 26.8 percent. It has been a wireless broadcasting device that provides signals to nearby devices. The customers provide certain promotional messages. Notifications, advertising, video messages, and then link them to provide new products or certain services which are being available in certain tore of the units. BLE has been used in retail establishments, travel, and tourism, and in certain educational units. The rise in demand for sending out certain emergency alerts and notifications in the medical units. BLE has advantages as it has less impact on battery life, gives a high level of certain personalized advertising to the clients, and does not require a proper internet connection for communication. The high rise in disposable income and the technological effect on customers have helped in promoting the growth of the market.

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Global BLE Beacons Market – Segments

The BLE beacon market has been segmented into various segments which have helped in market development. This segment has helped in promoting the CAGR value by the end of the forecast period. The market is being segmented based on type, application, and region. Based on type, the market is classified into Ibeacon, Eddystone, and many more. As per the application segment, the industry is being divided into retail, travel and manufacturing, healthcare, media entertainment, manufacturing unit, and education. Based on region, the beacon market Has been extended into the region of North America, South America, Asia Pacific, Europe, and some regions of the Middle East and Africa.

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Global BLE Beacons Market – Regional Analysis

Adopting proximity marketing, depending on highly used smartphone ownership, the presence of certain retail outlets, and the rise in travel tourism have pampered the rising economy in this region. The region of the United States and Canada has occupied a major share of 40% of the market share and has been found to be the largest contributors. The region of Europe has been marked to be the second contributor of blue devices. In the case of traveling, tourists, and in certain healthcare units some of the regions of the United Kingdom, Italy, France, and Germany have become the major users of Ble beacon devices. The region of Asia Pacific holds a major CAGR value during the forecast period.

Industry News

Some of the existing players playing a huge role in the promotion of market growth help the suppliers to cope fiercely with market development. The improvement in cost, accuracy, and product reliability has helped the key players cover major market share. Some of them are UFO Beacons, Apple Inc., Blue cats, Silicon labs, Proximity solutions, Uber, Mobstac Inc. Estimote Inc., K2B solutions, Google LLC, Gelo, Hewlett Packard Enterprise Development LP, JK Technosoft, and others. Uber has launched beacon 2.0 and its more improved version which will help in flashing specific hues for the riders and help them in choosing the proper car in busy schedules. The digitalization of the beacon has helped in advising the passengers for buckling up, to close the car doors gently, and exit the curbside.

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+44 2035 002 764 (UK)
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