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COVID-19 Impact & Recovery Analysis- Beacon Market 2020-2024 | The Rising Adoption of Premium Smartphones in Emerging Economies to Boost Growth | Technavio

Technavio has been monitoring the beacon market and it is poised to grow by $ 15.99 bn during 2020-2024, progressing at a CAGR of almost 57% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Apple Inc., BlueUp Srls, Estimote Inc., Gimbal Inc., Google LLC, Hewlett Packard Enterprise Co., Kontakt.io Inc., KS Technologies Inc., Radius Networks Inc., and Texas Instruments Inc are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The rising adoption of premium smartphones in emerging economies has been instrumental in driving the growth of the market. However, concerns over data security and privacy might hamper market growth.

Beacon Market 2020-2024 : Segmentation

Beacon Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40392

Beacon Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our beacon market report covers the following areas:

This study identifies the benefits of proximity beacon marketing as one of the prime reasons driving the beacon market growth during the next few years.

Beacon Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the beacon market, including some of the vendors such as Apple Inc., BlueUp Srls, Estimote Inc., Gimbal Inc., Google LLC, Hewlett Packard Enterprise Co., Kontakt.io Inc., KS Technologies Inc., Radius Networks Inc., and Texas Instruments Inc. Backed with competitive intelligence and benchmarking, our research reports on the beacon market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Beacon Market 2020-2024 : Key Highlights

Table Of Contents :

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Type

Customer Landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis


About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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