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Bluetooth Beacon and iBeacon Market Estimated to grow at a CAGR of 91.4 % during Forecast Period 2017- 2025

Mar 5th 2019 at 4:11 AM

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Bluetooth Beacon and iBeacon Market Estimated to grow at a CAGR of 91.4 % during Forecast Period 2017- 2025”. The fact-based research report on the global Bluetooth Beacon and iBeacon market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

Global Bluetooth beacon and iBeacon market research report focuses on various opportunities, trends, drivers and restraints across key geographies in the globe. This delivers a global perspective by covering all the key areas presenting a holistic view of the market. This assists the reader to get a detailed understanding about the regions with optimum potential in order to slate investment decisions and expansion strategies. The research study eliminates all the biasness giving a more realistic shape to the market acumen.

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The Bluetooth beacon and iBeacon market experienced a sluggish growth initially during 2012-2016 period. However, it gained enormous steam after 2016 and is projected to grow at a gigantic CAGR of 91.4% throughout the period of assessment, 2017-2025. By the end of the assessment year, the global market for Bluetooth beacons and iBeacons is estimated to reach an enormous valuation of more than US$ 37 Bn from a mere US$ 207 Mn in 2017. This enormous growth can be attributed to various key aspects such as implementation of beacons in retail stores to engage customers, consistency in growth of smartphones and related technologies and increasing sue of beacons in industries for enhancement of safety. As per the research report, the players involved in this market can focus on expanding their reach in Asia Pacific and North America region in the coming years.

Credibility of the researched data and statistics lie in the uniqueness of the research methodology which ensures higher accuracy. In-depth assessment of the global Bluetooth beacon and iBeacon market is underpinned by an extensive research process that includes both secondary and primary research to obtain relevant numbers. The data collected undergoes several funnels of validation and re-examination at each step, as the research progresses. This ensures delivering value with data having higher degree of accuracy. The expert opinions of the market observers and the domain experts is extrapolated and triangulation of these enables the analysts to arrive at a much accurate global market representation.

The research report on global Bluetooth beacon and iBeacon market includes a dedicated chapter on competitive scenario which covers key players and their standing in the global market. The section involves strategies applied by major players, along with their product synopsis, new innovations and key developments, product lien expansions, their area wise spread and future expansion tactics, mergers and acquisitions taken place, the market shares and revenues of these tier players, financials, key personnel, etc. This intelligence dashboard completes with the inclusion of the analysis of the various aspects of the key competition in the market. Competitive assessment has been done in a systematic way to enable the reader to draw necessary conclusions.

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Market Taxonomy

By Technology

iBeacon

Eddystone

Others

By End User

Retail

Non-Retail

By Region

North America

Latin America

Europe

Asia Pacific (APAC)

Middle East and Africa (MEA)

Actionable acumen delivered

The comprehensive research report on global Bluetooth beacon and iBeacon market provides valuable insights with weighted analysis. Every organization has its own integral research team, which strives to gather sufficient research data of the market. Persistence Market Research aims at doing all the heavy lifting by providing unbiased insights which can be actioned by the research team thus supporting in achieving their research milestones.

Why should you invest in this report?

There are several reasons which reinforce the value of this research report, such as un-biasness in the research data collection, detailed and comprehensive and a weighted segmentation of the entire market, the key trends and developments taking place in the market, statistical analysis reaching maximum accuracy, global market forecasts which gives an idea about the future market scenario based on the current and the past market dynamics and assisting the reader in slating important strategies in order to maintain the right rhythm and overcome the challenges caused by the changing market dynamics to achieve competitive advantage.

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