IBeacon And Bluetooth Beacon Market size and forecast, 2016-2026 IBeacon And Bluetooth Beacon Market size and forec | Page 6

Report
Description
Report Description
Global iBeacon and Bluetooth BeaconMarket: Regional Outlook
Geographically, the global iBeacon and Bluetooth beacon market is segmented into seven
regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia
Pacific Excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North
America is the prominent contributor in the global iBeacon and Bluetooth beacon
Market, owing to highest penetration of organized retail and growing adoption of
iBeacon and Bluetooth beacon services. Western Europe & Eastern Europe collectively
contribute significant share to the global iBeacon and Bluetooth beacon market. This is
due to growing multichannel marketing and the product distribution in the retail industry
across these regions. Also,Bluetooth beacon manufacturers are developing software apps
for beacon as well as they are manufacturing beacon devices. Enormous market growth
and high internet penetration, improvement in technology infrastructure are few factors
boosting iBeacon and Bluetooth beacon market growth in MEA. In APEJ and Japan,
countries such as India, China, Japan and Philippines are anticipated towitness robust
adoption ofiBeacon and Bluetooth beacon. This is due to growing disposable income
coupled with rising consumer awareness for iBeacon and Bluetooth beacon.
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