Global Smart Beacon Market: Key Highlights
Global Smart Beacon Market: Key Market Dynamics
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Global Smart Beacon Market: Regional Overview
Asia-Pacific is expected to dominate the smart beacon market during assessment period. India, China, Japan, and South Korea will drive the market during growth period. Increasing population, use of smartphones, BFSI industry, and transportation industry will drive the smart beacon market in APAC. St. George Bank in Australia tested iBeacon trials in three of its Sydney branches. In current situation, the technology delivers a personalized experience each time a customer enters a branch by sending a welcome message and tailored information directly to their iPhone. Customers can respond to the message or cancel the interaction.
North America is expected to grow at faster rate during growth period. US and Canada will drive the smart beacon market in North America and Mexico is expected to grow at stable rate during forecast period. Presence of Leading technology inventors such as Google and Apple Inc. and presence of leading hardware and solution providers such as HPE, Cisco Systems Inc., and HID Global Corporation will add fuel in the growth of the market. Moreover, early adoption of wireless infrastructures will give opportunities to leading players to develop new technologies to grow the market.
Global Smart Beacon Market: Key Players Overview
The company is one of leading provider of location IoT services and solutions. portfolio of complete IoT and location solutions combine hardware, software, and cloud to bring real-time visibility, analytics, and AI to operations. The company provides smart beacon, beacon pro, tough beacon, heavy-duty beacon for various applications: tracking, navigation, interaction, security, and analysis. For various end use industries such as retail, BFSI, healthcare, hospitality, aerospace, and education.
The company engages in the provision of products, software, and solutions of networking, wireless, security, cloud, data centers, and unified computing system. The company provide beacon point module, a Bluetooth Low Energy beacon module that is mounted on supported access points. With Cisco Beacon Point Module, smart client devices can receive different signal strengths from the multiple integrated beacon to improve location calculations. In 2016, the company launched beacon system which offers high accuracy. Moreover, it is a part of CMX mobile platform for providing and analyzing location data.
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