UK Beacon Technology Market Trends, Size, Forecast - 2019-2025


Posted May 28, 2020 by pooja1919

UK beacon technology market is estimated to grow at an impressive rate during the forecast period.

 
UK beacon technology market is estimated to grow at an impressive rate during the forecast period. Increasing implementation of connected intelligent urban mobility, ubiquitous geolocation technologies, the emergence of new positioning technologies and multi-sensor positioning systems, and location-based marketing and advertising are the factors playing a pivotal role in the market growth in the region. The utilization of beacon technology-based systems in retail has gained significant prominence in the last few years with multiple retailers implementing indoor positioning and indoor navigation systems in their stores to bring improved customer experience and much more.

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In UK, several technologies such as Wi-Fi-based positioning, ultra-wideband indoor positioning, and Bluetooth beacon positioning, in particular, have been gaining prominence. These technologies are incorporated for positioning solutions. For instance, in 2017, 2,000 battery-powered beacons were placed in Gatwick Airport, London, to generate indoor navigation and provide location data to customers traveling through. The beacon positioning allows customers to turn on an AR (augmented reality) application to follow the arrows shown on the camera’s view, as well as translate signs into different dialects. The system at London airport reportedly supported the positioning with the accuracy of +/- 3m.

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Market Segmentation

By Beacon Protocol

iBeacon

Eddystone

AltBeacon

Others (GeoBeacon)

By Location Technology

Bluetooth Low Energy (BLE)

Wi-Fi

Ultrasound

Others (Combined Technology)

By Application

Retail

Healthcare

BFSI

Logistics and Warehouses

Others (Travel, Tourism & Hospitality)

Company Profiles

Accent Advanced Systems, SLU

Apple Inc.

BlueCats

Cisco Systems, Inc.

Estimote, Inc.

GeLo, Inc.

Glimworm Beacons

Google LLC

Hewlett Packard Enterprise Development LP (Aruba Networks, Inc.)

JAALEE Technology Co., Ltd.

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Last Updated May 28, 2020