Global Beacon Management Software Market Growth (Status and Outlook) 2023-2029

Global Beacon Management Software Market Growth (Status and Outlook) 2023-2029

Beacon management software is an inevitable software for a company or an individual that has more than 30 deployed beacons. The deployment of numerous beacons makes it difficult to analyze the features that are associated with the beacons. These features include the battery status of several beacons located in multiple physical locations. The beacon management software tracks data output from multiple beacons and gives information regarding battery status, last ping time, and alerts regarding visitor analytics. It also provides insights on the behavior of visitors and their responses to the messages they receive.

LPI (LP Information)' newest research report, the “Beacon Management Software Industry Forecast” looks at past sales and reviews total world Beacon Management Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Beacon Management Software sales for 2023 through 2029. With Beacon Management Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Beacon Management Software industry.

This Insight Report provides a comprehensive analysis of the global Beacon Management Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Beacon Management Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Beacon Management Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Beacon Management Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Beacon Management Software.

The global Beacon Management Software market size is projected to grow from US$ 1930.3 million in 2022 to US$ 5361.7 million in 2029; it is expected to grow at a CAGR of 15.7% from 2023 to 2029.

Increase in need for managing platform for beacons, growth in awareness about proximity marketing among the retailers, and development in the market for smart cities drive the market. However, limitations on beacons installation is expected to hamper the beacons management software market share during the forecast period. The rise in implementation of beacons has amplified the number of beacons placement across different areas of store or company spaces for sending out the precise messages to target customers. Increase in the number of installed beacons complicates its management. Thus, companies find the need to use a platform, which facilitates management and control of deployed beacons. The increase in awareness of proximity marketing is witnessed in the retail sector due to the advancement of promotional strategies followed by major key players in the retail sector. America dominate the beacon management software market during the forecast period on account of increasing penetration of organized retail.

This report presents a comprehensive overview, market shares, and growth opportunities of Beacon Management Software market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Retail
Non-Retail

Segmentation by application
Hypermarkets
Supermarkets
Department Stores
Discounters
Specialty Stores
Cash and Carry Stores

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Estimote
Kontakt.io
Gimbal

Please note: The report will take approximately 2 business days to prepare and deliver.