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Beacon Technology Market to Expand with Significant CAGR By 2026

  Beacon is a smart technology which can be compared to a lighthouse. It is a small radio transmitter functioned by Bluetooth. Like the lighthouse, a beacon repetitively transmits a single signal that is visible to other devices. A radio signal that is made up of an amalgamation of numbers and letters, transmits on a regular pause of approximately 1/10th of a second, instead of visible lights. Once it comes within range, devices such as Bluetooth-equipped smartphones can detect a blinking beacon. To quote  Hubspot , Beacon technology, first introduced by Apple in 2013, are small Bluetooth devices that can send alerts to smartphones based on location proximity. The most popular configurations of Beacon technology are the iBeacons and Eddystone beacons. iBeacon was created by Apple while Eddystone was built by Google.  The main differentiator of both types of the  Beacon technology  is the Unique IDs that are transmitted and the way their security features function. iBeacon’s Unique ID h

Beacon Technology Market outlook by product overview application and regions 2026

  Beacon is a smart technology which can be compared to a lighthouse. It is a small radio transmitter functioned by Bluetooth. Like the lighthouse, a beacon repetitively transmits a single signal that is visible to other devices. A radio signal that is made up of an amalgamation of numbers and letters, transmits on a regular pause of approximately 1/10th of a second, instead of visible lights. Once it comes within range, devices such as Bluetooth-equipped smartphones can detect a blinking beacon. To quote  Hubspot , Beacon technology, first introduced by Apple in 2013, are small Bluetooth devices that can send alerts to smartphones based on location proximity. The most popular configurations of Beacon technology are the iBeacons and Eddystone beacons. iBeacon was created by Apple while Eddystone was built by Google.  The main differentiator of both types of the  Beacon technology  is the Unique IDs that are transmitted and the way their security features function. iBeacon’s Unique ID h

How big is the Beacon Technology industry and how it will look like in the next 5 years?

  According to a study of Research Dive, the global   beacon technology market   forecast shall cross $45,213.7million by 2026, growing at a CAGR of 75.4%. The growing adoption of beacons for innovation in the business model is one of the significant factors for the growth of the beacon technology market.Beacon is a versatile product that has a key role in the application of retail, education, healthcare, and others. Moreover, to gain competitive advantages,market players are focusing high on business intelligence. For instance, FUJITSU has invented Bluetooth beacons which make indoor navigation accurate and it also provide an improved user experience.These beacons are cost-effective and provide valuable information such as bottlenecks, the effectiveness of offers and, customer movements.These factors are anticipated to boost the demand for beacons in the global market. In addition, beacons havegreat significance in the retail sector mainly because they provide key benefits of being hi