Smart Beacon Market
A new market study, titled “Smart Beacon Market ” has been featured on Market Research Future.
More Information@
According to Market Research Future, the global smart beacon market has been segmented on the basis of beacon standard, connectivity type, component, end user, and region.
Smart beacons are easily scalable and have improved logistics operations with asset tracking, leading to improvements in capacity sensing, planning, reporting, and fault detection. Magnetic beacons and receiver with magnetic sensors are mostly adopted for a wide range of indoor events and applications such as pedestrian and robot navigation. Also, smart beacons in a wireless sensor network (WSN) helps in providing forest fire detection and animal tracking. For instance, during the preparations for the 2018 World Cup, the Russian Railways partnered with Navigine, a provider of software tools for mobile developers, and Kontakt.io, a provider of proximity technologies, to use Kontakt.io’s Bluetooth low-energy beacons, with smartphone sensors, accelerometers, gyroscopes, barometers, and magnetometers, and Navigine’s app to determine the user’s position in the station down to 1 meter. The app also incorporated relevant information like train schedules, platforms numbers, locations, and ticket purchasing capabilities.
The global smart beacon market has been segmented on the basis of beacon standard, connectivity type, component, end user, and region.
On the basis of beacon standard, the market has been segmented into iBeacon, Eddystone, others. The Eddystone beacon standard is projected to show the highest CAGR during the forecast period owing to enhanced and a number of new features as compared to iBeacon standard. Also, this standard is expected to be used by the retail industry for proximity marketing.
Based on connectivity type, the market has been segmented into Bluetooth low energy (BLE), Wi-Fi, and hybrid. Among these, Bluetooth low energy (BLE) is dominating the market owing to its low power consumption capabilities. Moreover, BLE modules are cheaper to manufacture, which brings down the overall cost of the BLE hardware, making it the most preferred choice for operating beacons.
By component, the market has been segmented into hardware, software, and services. Among these, the software segment is expected to be the fastest-growing during the forecast period as most of the companies are developing software such as mobile apps, analytical systems, content management systems, among others for beacon-enabled proximity platforms to make the beacons system cost-effective, durable, and efficient.
By end user, the market has been segmented into retail, hospitality, transportation & logistics, healthcare, BFSI, automotive, aviation, education, and others. Among these, the retail segment holds the largest market share in 2018 as the use of smart beacon for advertising and marketing has effectively impacted this sector. However, the transport and logistics segment is expected to show the highest CAGR during the forecast period owing to smart beacons ability to provide real-time asset tracking of delivery of goods to end users at a lower cost.
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Key Players
The key players in the smart beacon market are Estimote, Inc. (US), Aruba-Hewlett Packard Enterprise Company) (US), Kontakt.io (Poland), Cisco Systems Inc. (US), Bluvision-HID Global Company) (US), Leantegra Inc. (US), Gimbal, Inc. (US), Accent Advanced Systems, SLU (Spain), Swirl Networks (US), and Sensoro Co., Ltd (US).
Other prominent players studied for the Smart Beacon Market are Blue Cats (Australia), JAALEE Technology (China), Square Metrics GmbH (Germany), BlueUp Srls (Italy), Bleesk Benelux Sprl (Spain), Radius Networks Inc. (US), Resono (Netherlands) among others.
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Smart Beacon Market A new market study, titled “Smart Beacon Market ” has been featured on Market Research Future.More Information@ https://www.marketresearchfuture.com/reports/smart-beacon-market-8181According to Market Research Future, the global smart beacon market has been segmented on the basis of beacon standard, connectivity type, component, end user, and region.Smart beacons are easily scalable and have improved logistics operations with asset tracking, leading to improvements in capacity sensing, planning, reporting, and fault detection.
Magnetic beacons and receiver with magnetic sensors are mostly adopted for a wide range of indoor events and applications such as pedestrian and robot navigation.
For instance, during the preparations for the 2018 World Cup, the Russian Railways partnered with Navigine, a provider of software tools for mobile developers, and Kontakt.io, a provider of proximity technologies, to use Kontakt.io’s Bluetooth low-energy beacons, with smartphone sensors, accelerometers, gyroscopes, barometers, and magnetometers, and Navigine’s app to determine the user’s position in the station down to 1 meter.
The app also incorporated relevant information like train schedules, platforms numbers, locations, and ticket purchasing capabilities.
The global smart beacon market has been segmented on the basis of beacon standard, connectivity type, component, end user, and region.On the basis of beacon standard, the market has been segmented into iBeacon, Eddystone, others.
The Eddystone beacon standard is projected to show the highest CAGR during the forecast period owing to enhanced and a number of new features as compared to iBeacon standard.
The global Magnetic Sensors Market is estimated to touch US$ 3.22 billion by the year 2025.
Growing consciousness concerning security of automobile together with a general drop in prices of sensors is boosting the demand for magnetic sensors.
The Magnetic Sensors Market is expected to develop by a CAGR of 6.8% for the duration of the prediction.Promising guidelines by the government relating to the setting up of magnetic sensors in automobiles and their security apparatus are too expected to deliver the boost to the market in the approaching years.
These sensors are set in a number of electronic instruments, for example Laptops, Tablets, Printers, Smartphones, Camera, Scanners.
These sensing devices proposes an extensive variety of paybacks, comprising simplicity of putting into practice, diversity of output preferences, an extensive variety of working voltage, greater dependability, and compacted design.The subdivision of Tunnel Magnetoresistance [TMR] is expected to be the speedily developing section above the period of prediction.
This machinery proposes sensitivity, great productivity and delivers exceptional competencies of sensing like the Wheel Speed Sensors [WSS] utilized in Anti - lock Braking Systems [ABS].
"Upsurge in requirement all over the automotive sector is considered to be a foremost aspect driving magnetic field sensors market development all over the years to come.
These sensors are utilized widely over various security frameworks, for example, Anti-Lock Braking Systems (ABS) and Electronic Stability Control (ESC), torque and power detecting, steering angle sensing amid others.
E-compasses or electronic compasses are picking up footing because of their capacity to upgrade user navigation and is likewise anticipated that would fuel market development.Increasing requirement in consumer electronics because of smartphone proliferation is in addition considered to fuel the market for magnetic field sensors expansion over the years to follow.
The magnetic field sensors provides better competence as well as sensing performance as a result of which the market is foreseen to witness remarkable expansion all over the following next years.
Increased adoption of magnetic field sensors and technological progressions in the electric vehicles provides avenues for market expansion throughout the approaching next years.
The Asia Pacific region is likely to see fast expansion over the years to come because of rising domestic automotive need in the developing markets of China and India.Support from the government for utilizing eco- friendly vehicle is anticipated to fuel the worldwide magnetic field sensor market.
