Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 259

“Global Beacon Market – Forecasts from 2019 to 2024”

Posted by fidest press agency su venerdì, 17 maggio 2019

The global beacon market is projected to grow at a CAGR of 35.78% to reach US$5,637.021 million by 2024, from US$899.506 million in 2018.The major factors driving the demand for these transmitters are increasing investment in proximity marketing and growing penetration of smartphone. However, data security concerns will limit the growth potential of these devices.The Asia Pacific region is expected to grow at a substantial rate owing to the high demand for smartphone, rising disposable income and increasing marketing expenditure. North America and Europe held a significant market share in 2018 on account of the early adoption of technology and rising adoption across industry vertical over the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research.

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