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Bluetooth Beacons Market, Global Outlook and Forecast 2023-2032

Bluetooth beacons are becoming increasingly popular across industries as they are a cost effective and simple deploy model. As these beacons are supported by almost all operating systems, their demand is expected to increase. Bluetooth beacons are deployed by businesses to send content and information, which are contextually relevant, to users at specific locations. They open up the probability of connecting the online virtual world with the offline, physical world by providing context ?aware information to mobile users. Bluetooth beacons devices broadcast signals and messages to smart devices under range, in the form of notifications. They basically consist of a chip and various electronic components on a small circuit board. As these devices offer a more personalized and enhanced user experience, the market for Bluetooth beacons is projected to grow at a healthy pace.
This report aims to provide a comprehensive presentation of the global market for Bluetooth Beacons, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bluetooth Beacons. This report contains market size and forecasts of Bluetooth Beacons in global, including the following market information:
Global Bluetooth Beacons Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Bluetooth Beacons market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key factor driving the industry growth is the increased number of applications powered by beacons and Bluetooth Low Energy (BLE) tags. Beacons are witnessing growing penetration across asset tracking and machine/equipment status observation in high volume verticals. At the same time, the markets for both existing and new applications are maturing, leading to larger roll-outs. Growing integration of beacons in cameras, LED lightings, point of sale (POS) devices, digital signage, and vending machines is expected to propel the industry growth over the forecast period. Apart from retail applications, beacons are also projected to become a common commodity in industrial applications.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bluetooth Beacons companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bluetooth Beacons Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Bluetooth Beacons Market Segment Percentages, by Type, 2022 (%)
IBeacon
Eddystone
Microsoft 10
Global Bluetooth Beacons Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Bluetooth Beacons Market Segment Percentages, by Application, 2022 (%)
Retail
Travel & Tourism
Healthcare
Financial Institutions
Global Bluetooth Beacons Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Bluetooth Beacons Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bluetooth Beacons revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Bluetooth Beacons revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BlueCats
Estimote
Kontakt.io
PayPal
Gimbal
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bluetooth Beacons, market overview.
Chapter 2: Global Bluetooth Beacons market size in revenue.
Chapter 3: Detailed analysis of Bluetooth Beacons company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bluetooth Beacons in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.