Beacon Technology is a small device that allows you to create contextual experiences near or in an area where it’s installed.
Beacon Technology has been around for some years, and has been growing exponentially ever since its origin. Originally used by retailers to attract customers within a certain range of their store, the Bluetooth Low Energy (BLE) beacon transmits signals to compatible mobile devices (phones, tablets, smartwatches, etc.) to trigger an incentive to prospective customers. The beacon can assist marketers in building and optimizing their strategies. In beacon theory, a successful marketing strategy involves breaking down the barrier between physical and digital, as well as taking advantage of physical location and proximity. Beacons can assist your business in multiple ways.

Market Analysis and Insights: Global Beacon Technology Market
The global Beacon Technology market size is projected to reach US$ 6227.4 million by 2027, from US$ 1211.5 million in 2020, at a CAGR of 25.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Beacon Technology market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Beacon Technology market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Beacon Technology market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Beacon Technology market.

Global Beacon Technology Scope and Market Size
Beacon Technology market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Beacon Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
BLE
Wi-Fi
Ultrasound
Combined Technologies

Segment by Application
Retail
Travel, Tourism and Hospitality
Healthcare
Financial Institutions
Real-estate
Education
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Accent Systems
Apple
Beaconinside
BlueCats
Bluense Networks
Estimote
Gimbal
Glimworm Beacons
Google
Kontakt.io
KS Technologies
Madison Beacons
Onyx Beacon
Radius Networks
RECO
Swirl Networks
Sensorberg
Texas Instruments