Worldwide Smart Beacon Market Analysis Report store.rationalstat.com

During the forecast period 2022-2028, the global smart beacon market is expected to grow at a robust rate of more than 34.3%. Smart beacons are small, wireless transmitters that use Bluetooth to send signals to nearby smart devices. Upon detecting the location of the devices, the smart beacon begins tracking them. Many industries use them, including retail, hospitality, transportation, logistics, education, and others. Pivotal growth factors such as the growing need for spatial data for analytics, growth in proximity marketing, increasing adoption of smartphones, and the development of advanced communication technologies are driving the growth of the global smart beacon market.