IBeacon And Bluetooth Beacon Market
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Report Description<br />
Nowadays, the world is going through the third industrial revolution i.e. the smart<br />
infrastructure development built around the Internet of Things (IoT). Continuous<br />
technology advancement is a key factor for the revolution of the global stores and<br />
business sectors. Over the last decade, various technological advancements in the<br />
electronics and information technology have occurred rapidly resulting in the<br />
development of the global i<strong>Beacon</strong> and <strong>Bluetooth</strong> beacon market. i<strong>Beacon</strong> is a protocol<br />
which was originally developed by Apple Inc. Since then, other vendors also have made<br />
i<strong>Beacon</strong>-compatible hardware transmitters known as beacon. The technology enables<br />
tablets, smartphones and other devices to carry out activities such as to send or<br />
distribute messages and approximate location determination when there is nearness to<br />
an i<strong>Beacon</strong>. Both software and hardware components are involved in i<strong>Beacon</strong><br />
technology. i<strong>Beacon</strong> is compatible with OS 7, iPod touch (5th generation) or later, iPad<br />
mini or later and iPad (3rd generation), iPhone 4s or later or later devices. Also, with<br />
<strong>And</strong>roid 4.3+, Macintosh computers (OS X Mavericks 10.9 and <strong>Bluetooth</strong>) 4.0 and<br />
Windows Phone devices (Lumia Cyan update or above). Various applications offered by<br />
i<strong>Beacon</strong> and <strong>Bluetooth</strong> beacon include alert or push notification sending to i<strong>Beacon</strong><br />
enabled device, whenever the i<strong>Beacon</strong> user is around a i<strong>Beacon</strong>-enabled retail shop<br />
(special offers), museum (sporting event/closest display), bus stop and other<br />
locations.Travel industries are undergoing through major deployments of beacon<br />
technology in airports and hotels. The i<strong>Beacon</strong>s and <strong>Bluetooth</strong> beacons are intensively<br />
used in smartphones. Thus, the global i<strong>Beacon</strong> and <strong>Bluetooth</strong> beacon market is<br />
anticipated to witness significant CAGR during the forecast period.