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Description
Beacon Market Report: Trends, Insights, and Forecast for 2030According to the study by Next Move Strategy Consulting, the global Beacon Market size is predicted to reach USD 49. 31 billion with a CAGR of 38. 6% by 2030. Beacon is a small, battery powered, electronic device that runs on Wi Fi, low energy Bluetooth, ultrasound, or hybrid technologies. The major factors driving the global beacon technology market growth are, upsurge in location based services, improved efficacy of targeted marketing, hybridization
According to the study by Next Move Strategy Consulting, the global Beacon Market size is predicted to reach USD 49.31 billion with a CAGR of 38.6% by 2030.
Beacon is a small, battery-powered, electronic device that runs on Wi-Fi, low energy Bluetooth, ultrasound, or hybrid technologies.
The major factors driving the global beacon technology market growth are, upsurge in location-based services, improved efficacy of targeted marketing, hybridization of advanced communication technologies, as well as commencement of smart city projects.
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