The Beacon Management Software Market is projected to grow at 20.3% CAGR, reaching $11.73 Billion by 2029. Where is the industry heading next? Get the sample report now!

According to Cognitive Market Research, the global Smart Beacon market size will be USD 7351.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 33.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2940.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2205.36 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1690.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 367.55 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 147.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.2% from 2024 to 2031.
The iBeacon category is the fastest growing segment of the Smart Beacon industry

Market Dynamics of Smart Beacon Market

Key Drivers for Smart Beacon Market

Increasing the Use of Smartphones to Boost Market Growth

Smartphones and other mobile devices may pick up beacon signals, and the strength of the signal received is used to determine distance. The strength of the signals depends on the separation between the sending and receiving devices. It's noteworthy that both use beacons for business and financial objectives. Sales should rise, services should be enhanced, and shopping should be easier for potential customers. Using smart beacons has shown to be innovative in terms of technology. Beacon technology is being actively promoted by international tech behemoths like Google Inc. and Apple Inc.; successful corporate use cases in airports, retail stores, and other locations worldwide all suggest a bright future for the technology.

Rising Adoption of Smart Beacon to Drive Market Growth

The widespread use of smart beacons in the logistics and transportation sector will create chances for growth. This sector engages in complex and wide-ranging activities. Furthermore, it can be not easy to manage a diverse team. On the other hand, smart beacons are excellent solutions to these issues. It is a useful piece of technology for evaluating employee performance. Smart beacons simplify operations. Productivity growth is one advantage of this technology. It can also set goals and see operations in real-time. The growing demand in the logistics industry will increase the profitability of the smart beacon market. The retail sector is another business that offers a plethora of chances.

Restraint Factor for the Smart Beacon Market

Lack of Technological Resources will Limit Market Growth

The lack of technological resources and concerns about security and privacy are major obstacles to the global smart beacon market's expansion. Furthermore, the smart beacon industry is expected to gain from the expansion of organized retailing. The expansion of the organized retail business can be attributed to a number of factors, including the rise of consumerism, improved living conditions, increasing disposable income, the influence of technology, and the entry of foreign retailers. Additionally, it is anticipated that the market for beacon technology will grow as the number of organized retail establishments—such as supermarkets, department stores, hypermarkets, and discounters—increases, and these businesses become smarter due to beacon technology.

Impact of Covid-19 on the Smart Beacon Market

The industry and retail sectors have been severely impacted by COVID-19. Beacons industry sales have slowed down in the last few years due to this effect. Many shoppers shifted from in-store to internet buying throughout the pandemic. Following the trend of social separation, businesses and brands accelerated the process of establishing their digital footprint. In 2020, over 12,000 U.S. stores were expected to close permanently, according to forecasts from the retail industry. Sales of smart beacons have suffered greatly as a result of these closures. Introduction of the Smart Beacon Market

Smart beacons are wireless gadgets with sensors and com...

The liabilities of Beacon Roofing Supply with headquarters in the United States amounted to 4.38 billion U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 0.08 billion U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.

The total equity of Beacon Roofing Supply with headquarters in the United States amounted to 1.82 billion U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total decrease by approximately 0.02 billion U.S. dollars. The trend from 2019 to 2023 shows, however, that this decrease did not happen continuously.

The Beacon Market size was valued at USD 1.36 USD billion in 2023 and is projected to reach USD 4.46 USD billion by 2032, exhibiting a CAGR of 18.5 % during the forecast period. Beacons are little, radio devices that send Bluetooth signals to go with nearby smartphones and other devices. They can be of multiple types including iBeacon and Eddystone and follow a specific protocol to transfer data. Beacons, which provide the location-based information and personalized experiences to users when they are within a close range, are examples of the technologies that respond to individual needs. They have many applications such as in addition to the retail sector they are used for sending targeted notifications and in museums for making interactive exhibitions and in indoor navigation systems for directing the visitors. One of the key benefits of beacons is the increased engagement of the customer, the smooth operational performance and the rich haul of information for the businesses. Their features are often the long-lasting battery life , and low energy consumption and they can be utilized across a wide range of devices. Key drivers for this market are: Burgeoning Demand for Big Data Analytics among Organizations to Aid Market Growth. Potential restraints include: Lack of Awareness about Cyber Security and Vulnerability to Hinder Growth.

Global LED Beacon Light market size 2025 was XX Million. LED Beacon Light Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Type: BLE Wi-Fi Ultrasound Combined Technologies Application: Retail Travel, Tourism, and Hospitality Healthcare Financial Institutions Real Estate Education Others

The smart beacon market size is projected to be valued at US$ 6.25 billion in 2023 and is expected to rise to US$ 58.21 billion by 2033. The sales of smart beacons are anticipated to expand at a significant CAGR of 25.0% from 2023 to 2033.

Attribute	Details
Smart Beacon Market Estimated Size (2023)	US$ 6.25 billion
Smart Beacon Market CAGR (2023 to 2033)	25.0%
Smart Beacon Market Forecasted Size (2033)	US$ 58.21 billion

Scope of the Report

Attribute	Details
Growth Rate	CAGR of 25.0% from 2023 to 2033
Base Year of Estimation	2023
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	Revenue in US$ billion and Volume in Units and F-CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis
Key Segments Covered	Beacon Standard Connectivity Type Offerings By Region
Regions Covered	North America Latin America Europe East Asia South Asia The Middle East & Africa Oceania
Key Countries Profiled	The United States Canada Brazil Mexico Germany Italy France The United Kingdom Spain Russia China Japan India GCC Countries Australia
Key Companies Profiled	Hewlett Packard Enterprise (Aruba Networks), HID Global Corporation, Leantegra Inc., Cisco Systems Inc., Kontakt.io Inc., Gimbal Inc., Accent Systems, Sensoro Co. Ltd, Jaalee Technology, and Fujitsu Components Asia Pte Ltd.
Customization & Pricing	Available upon Request

Global Fixed Beacon Buoys Market Report 2021 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2021-2027. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.

The market for Avalanche Rescue Locator Beacons is expected to witness steady growth over the forecast period, driven by increasing participation in backcountry activities, such as skiing and snowboarding, and the growing awareness of avalanche risks. The rising number of backcountry enthusiasts has led to a higher demand for safety equipment, including avalanche rescue locator beacons. Moreover, government regulations and initiatives aimed at improving safety in backcountry areas are further contributing to market growth. The market is segmented based on application (recreational, professional) and type (analog, digital). Digital beacons are gaining popularity due to their advanced features, such as higher accuracy, longer range, and multiple burial capabilities. Prominent players in the market include Backcountry Access, Ortovox, Arva, Pieps, Mammut, Clarus Corporation, Pomoca, and Black Diamond. The Asia Pacific region is expected to witness significant growth due to the increasing popularity of backcountry activities in countries such as China, Japan, and South Korea.

North America Smart Beacon market size will be USD 2940.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.7% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 21444.4 Million by 2031. This growth is mainly attributed to the growth of the local market and the existence of major firms.

The global Bluetooth Low Energy (BLE) Beacon market is projected to witness significant growth in the coming years, driven by the increasing adoption of the Internet of Things (IoT), the proliferation of mobile devices, and the growing popularity of location-based services. The market is expected to expand at a CAGR of xx% over the forecast period of 2023-2030, reaching a valuation of USD xx million by 2030. North America is anticipated to dominate the market due to the presence of well-established players, technological advancements, and high demand for BLE beacons in various industries. Asia Pacific is projected to exhibit promising growth potential owing to the increasing adoption of IoT devices and the rapid growth of the retail and healthcare sectors. Key factors driving the growth of the BLE Beacon market include the rising demand for location-based services, such as asset tracking, indoor navigation, and proximity marketing. The increasing adoption of BLE beacons in various industries, including retail, healthcare, and manufacturing, is further fueling market growth. Additionally, the growing popularity of mobile payments and the proliferation of smart homes are creating new opportunities for BLE beacons. Despite the potential for growth, the market is also confronted with challenges such as data privacy concerns and security risks associated with beacon technology. Nevertheless, the ongoing advancements in beacon technology and the development of new applications are expected to overcome these challenges and drive the market forward in the years to come.

Beacon towns : the story continues : a report is a book. It was written by Claire Nichols and published by Countryside Agency in 2005.

About this dataset

Context

The dataset tabulates the Beacon population over the last 20 plus years. It lists the population for each year, along with the year on year change in population, as well as the change in percentage terms for each year. The dataset can be utilized to understand the population change of Beacon across the last two decades. For example, using this dataset, we can identify if the population is declining or increasing. If there is a change, when the population peaked, or if it is still growing and has not reached its peak. We can also compare the trend with the overall trend of United States population over the same period of time.

Key observations

In 2023, the population of Beacon was 431, a 0% decrease year-by-year from 2022. Previously, in 2022, Beacon population was 431, a decline of 0% compared to a population of 431 in 2021. Over the last 20 plus years, between 2000 and 2023, population of Beacon decreased by 120. In this period, the peak population was 559 in the year 2005. The numbers suggest that the population has already reached its peak and is showing a trend of decline. Source: U.S. Census Bureau Population Estimates Program (PEP).

Content

When available, the data consists of estimates from the U.S. Census Bureau Population Estimates Program (PEP).

Data Coverage:

• From 2000 to 2023

Variables / Data Columns

• Year: This column displays the data year (Measured annually and for years 2000 to 2023)
• Population: The population for the specific year for the Beacon is shown in this column.
• Year on Year Change: This column displays the change in Beacon population for each year compared to the previous year.
• Change in Percent: This column displays the year on year change as a percentage. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Beacon Population by Year. You can refer the same here

Latin America's Smart Beacon market will be USD 367.55 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 32.9% from 2024 to 2031. The market is foreseen to reach USD 2944.4 million by 2031 due to the growing popularity of location-based services and Bluetooth technology.

About this dataset

Context

The dataset presents a breakdown of households across various income brackets in Beacon, NY, as reported by the U.S. Census Bureau. The Census Bureau classifies households into different categories, including total households, family households, and non-family households. Our analysis of U.S. Census Bureau American Community Survey data for Beacon, NY reveals how household income distribution varies among these categories. The dataset highlights the variation in number of households with income, offering valuable insights into the distribution of Beacon households based on income levels.

Key observations

• For Family Households: In Beacon, the majority of family households, representing 21.17%, earn $200,000 or more, showcasing a substantial share of the community families falling within this income bracket. Conversely, the minority of family households, comprising 0.0%, have incomes falling $45,000 to $49,999, representing a smaller but still significant segment of the community.
• For Non-Family Households: In Beacon, the majority of non-family households, accounting for 12.99%, have income $75,000 to $99,999, indicating that a substantial portion of non-family households falls within this income bracket. On the other hand, the minority of non-family households, comprising 0.88%, earn $45,000 to $49,999, representing a smaller, yet notable, portion of non-family households in the community.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Income Level: The income level represents the income brackets ranging from Less than $10,000 to $200,000 or more in Beacon, NY (As mentioned above).
• All Households: Count of households for the specified income level
• % All Households: Percentage of households at the specified income level relative to the total households in Beacon, NY
• Family Households: Count of family households for the specified income level
• % Family Households: Percentage of family households at the specified income level relative to the total family households in Beacon, NY
• Non-Family Households: Count of non-family households for the specified income level
• % Non-Family Households: Percentage of non-family households at the specified income level relative to the total non-family households in Beacon, NY

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Beacon median household income. You can refer the same here

Report of Xs Topmarks Beacon Buoys Market is covering the summarized study of several factors encouraging the growth of the market such as market size, market type, major regions and end user applications. By using the report customer can recognize the several drivers that impact and govern the market. The report is describing the several types of Xs Topmarks Beacon Buoys Industry. Factors that are playing the major role for growth of specific type of product category and factors that are motivating the status of the market.

Analyze the market segmentation of the Beacon Technology industry. Gain insights into market share distribution with a detailed breakdown of key segments and their growth.

Beacon Roofing Supply's Q4 2024 revenue growth misses expectations at $2.40B, with flat EPS despite a strong business model and consistent long-term growth.

Snapshot img

Beacon Market Size 2024-2028

The beacon market size is forecast to increase by USD 90.41 billion at a CAGR of 77.6% between 2023 and 2028.

The market is experiencing significant growth, driven by the augmented adoption of beacon technology by a diversified range of end users. This includes retail, healthcare, education, and hospitality industries, among others, seeking to enhance customer engagement and improve operational efficiency through indoor positioning and navigation (IPIN) systems. The global market is projected to continue this trend, fueled by the increasing demand for location-based services and the integration of beacon technology into various applications. However, the market's growth is not without challenges. Concerns over data security and privacy remain a significant hurdle, as the use of beacon technology involves the collection and transmission of sensitive consumer information. Addressing these concerns through data protection measures and transparent communication with consumers will be crucial for market participants seeking to capitalize on the opportunities presented by this dynamic and evolving market. Companies must navigate these challenges effectively to ensure they remain competitive and maintain the trust of their customers.

What will be the Size of the Beacon Market during the forecast period?

Request Free SampleThe market encompasses coin-sized, keychain, and plug-in devices that leverage Bluetooth Low Energy (BLE) technology to transmit signals and enable proximity-based interactions between smart devices and physical environments. This market is experiencing significant growth, driven by technological advancements in beacon capabilities, such as Eddystone beacons and iBeacon technology, which expand functionalities beyond proximity marketing to include audio-based directions and data security. Market players are employing competitive strategies, including market penetration and diversification, to expand their reach and tap into untapped geographies. Manufacturing capabilities and pioneering product developments continue to shape the market landscape. In retail applications, beacons are increasingly integrated with shopping carts and wireless networks to enhance the shopping experience, while proximity zones enable targeted advertising and personalized offers. Despite data security concerns, the market's potential is vast, with opportunities in various sectors, including healthcare, education, and transportation.

How is this Beacon Industry segmented?

The beacon industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeiBeaconEddystoneOthersEnd-userRetailHealthcareBFSIOthersGeographyNorth AmericaUSAPACChinaIndiaEuropeGermanyUKSouth AmericaMiddle East and Africa

By Type Insights

The ibeacon segment is estimated to witness significant growth during the forecast period.Apple's iBeacon technology, introduced in 2013, utilizes Bluetooth Low Energy (BLE) wireless technology for providing location-specific services and information to iOS and Android devices. Unique beacon codes, consisting of numbers and letters, are recognized by mobile applications, triggering actions such as notifications or data transfer. Beacons, available in various forms including coin-sized, keychain, and plug-in models, employ proximity marketing, geolocation methods, and real-time alerts for managing assets, ensuring safety, optimizing resources, and enhancing user engagement. Beacon protocols like iBeacon and Eddystone enable proximity marketing, location tracking, indoor navigation, and asset tracking. BLE signals, data privacy, and cloud integration are essential considerations for beacon deployment in emerging markets, transportation and logistics, and mature segments. Technological advancements continue to drive market penetration and competitive strategies, with companies focusing on manufacturing capabilities, pioneering product developments, and market diversification in untapped geographies.

Get a glance at the market report of share of various segments Request Free Sample

The iBeacon segment was valued at USD 1.44 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 47% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size of various regions, Request Free Sample

The North American market is expected to dominate The market due to the presence of leading companies, including Estimote Inc. And Radius Networks Inc., and the region's rapid technological advancements. Beacons ar