Bluetooth Beacons Market Analysis By Technology

The global bluetooth beacon market size is expected to reach USD 58.7 billion by 2025, according to a new report by Grand View Research, Inc.

The introduction of next-generation software-based and virtual beacons is expected to boost the market demand.

This article on DigitalSignageConnection states that “The key factor driving the industry growth is the increased number of applications powered by beacons and Bluetooth Low Energy (BLE) tags. Beacons are witnessing growing penetration across asset tracking and machine/equipment status observation in high volume verticals. At the same time, the markets for both existing and new applications are maturing, leading to larger roll-outs. ”

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