Smart Beacon MarketA new market study, titled “Smart Beacon Market ” has been featured on Market Research Future.
More Information@Smart Beacon Market by Type, Size, Growth and Forecast – 2025 | MRFRSmart Beacon Market is expected to grow to USD ~25,000.0 Million by 2025, at a CAGR of ~54% during…Read moreAccording 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.