Bluetooth Beacons are one of the most interesting and useful innovations which has slowly started taking the market by a storm with a growth rate of above 90%. It has a very high ROI and it is simplifying marketing and advertisements. It is pretty compatible with almost all platforms and uses almost no power in comparison to conventional Bluetooth technology operation. They too have the ability to transfer the information collected to smartphones or any smart device within the specified range. These beacons are battery powered.
Factors such as very low power consumption, cost effective and growing number of smart accessories are some of the major reasons propelling the growth of global Bluetooth beacons market. Bluetooth Beacons are of great help for indoor navigation, for example the location of different departments of an office, college etc. inside the same building. It is also helpful in finding out exact locations of people or pets within short ranges. It has applications in healthcare too, for patient monitoring from home.
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The Bluetooth Beacons is expanding rapidly, with its applications in a wide range of fields like healthcare, Education, Resource management, monitoring and also for storing of the obtained data for analysis and forecasting. Another major advantage that Bluetooth Beacons can provide is in the field of logistics. Business optimization can be achieved up to a great extent by using this technology in almost all domains, starting from inventory management, operational optimization and finished product optimization. Services industry is also one of the major clients as well as driver for the service. The Bluetooth Beacons technology is still under continuous development and is being worked on for better scalability in its application and solve the minor security and uncertainty issues that lie.
Various notable players in the market include, BlueCats, BlueSense, Estimote, Gelo, Glimworm, Qualcomm, Kontakt, Sensorberg, Sonic Notify, EM Electronic among others.
The Global Bluetooth Beacons Market has been segmented on the basis of Application, type of platform, type of power provision and key geographies. Based on applications, the market comprises of Healthcare, Education, Monitoring, Resource optimization, Navigation, Data Collection, Marketing and Advertisement. The research report “Global Bluetooth Beacons Market” provides in-depth analysis of global Bluetooth Beacons market based on Applications, type of platform, type of power provision and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Bluetooth Beacons market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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Key questions answered in this research report:
1- At what pace is global Bluetooth Beacons Market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Bluetooth Beacons Market?
4- What are the various application areas and how they are poised to grow?
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