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.
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.
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:
Beacon Market size
Beacon Market trends
Beacon Market industry analysis
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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CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist beacon market growth during the next five years
Estimation of the beacon market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the beacon market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of beacon market vendors
Table Of Contents :
Executive Summary
Market Overview
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Type
Market segments
Comparison by Type placement
iBeacon - Market size and forecast 2019-2024
Eddystone - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Type
Customer Landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Apple Inc.
BlueUp Srls
Estimote Inc.
Gimbal Inc.
Google LLC
Hewlett Packard Enterprise Co.
Kontakt.io Inc.
KS Technologies Inc.
Radius Networks Inc.
Texas Instruments Inc.
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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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