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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