SAN FRANCISCO, Oct. 12, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Beacon Management Software – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 1033
Companies: 33 – Players covered include Aruba Networks; Beaconinside GmbH; BlueCats Australia Pty., Limited; Cisco Systems, Inc.; Estimote, Inc.; Gimbal Inc.; Glimworm Beacons; Kontakt.io; Onyx Beacon Ltd. (Romania); Quuppa Oy; Relution Inc.; Sensoro Co., Ltd.; Swirl Networks, Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Retail Sector, Non-Retail Sector)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Beacon Management Software Market to Reach $5.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Beacon Management Software estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$5.3 Billion by 2026, growing at a CAGR of 12.4% over the analysis period. Retail Sector, one of the segments analyzed in the report, is projected to record a 12.6% CAGR and reach US$4.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Retail Sector segment is readjusted to a revised 11.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $887.9 Million in 2021, While China is Forecast to Reach $940 Million by 2026
The Beacon Management Software market in the U.S. is estimated at US$887.9 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$940 Million by the year 2026 trailing a CAGR of 11.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 10.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9% CAGR. More
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SOURCE Global Industry Analysts, Inc.