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| Data Timeline | Historical Data: 2022–2025 | Base Year: 2025 | Forecast Period: 2026–2034 |
|---|---|
| Beacon Standard Segment | iBeacon, Eddystone, Others |
| Connectivity Type Segment | Bluetooth Low Energy (BLE), Hybrid |
| Offering Segment | Hardware, Software, Service |
|---|---|
| End-use Segment | Retail, Public Gatherings & Spaces, Hospitality, Transportation & Logistics, Sports, Aviation, Healthcare, Automotive, Bank, Financial Services, Insurance (BFSI), Education, Others |
| Regions & Countries |
|
The number of people using location-based services is growing Smartphones and other mobile gadgets are increasingly popular Beacon technology is increasingly being used in the transportation industry
Inadequate access to technology High chances of cyber attacks
Beacons are becoming more commonly used in the healthcare industry Indoor navigation technologies are growing in popularity
Country-level data · Company profiles · Editable dataset · Analyst consultation included.
| Region / Country | 2021 (A) | 2025 (A) | 2033 (P) | CAGR |
|---|
A = Actual · E = Estimated · P = Projected · 🔒 Locked values require full access. Click headers to sort.
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With a number of significant companies, the smart beacon industry is quite fragmented. Market participants are implementing tactics like joint ventures, mergers, and acquisitions to expand their range of products and secure a long-term edge over competitors. Developing and providing cutting-edge smart beacon solutions to meet the changing demands of enterprises in different industries is the primary emphasis of these firms.
January 2023: The new optofluidic device for cell line production, Beacon Select, was released, according to Berkeley Lights, Inc., a company that specializes in life science instruments. Established in 2017, the original Beacon System boasts over 130 installed systems globally as of this writing, and Beacon Select is based on the same state-of-the-art technology. (Source: https://www.news-medical.net/news/20230119/Berkeley-Lights-launches-Beacon-Selecte284a2-a-new-optofluidic-system-for-cell-line-development.aspx ) August 2022: In order to precisely track train locations and guarantee on-time departures, the Belgian national railway company, NMBS/SNCB, has successfully implemented a real-time location service platform with HID BEEKs Bluetooth Low-Energy (BLE) beacons. HID Global is one of the world's leading providers of tracked identity and RFID solutions. (Source: https://newsroom.hidglobal.com/belgiums-railway-company-ensures-time-departures-improves-security-hid-globals-real-time-location ) June 2022: Together, Axians and Cisco will help companies in Germany and the Netherlands extend and digitize their Internet of Things (loT) via Cisco's exclusive 5G network. (Source: https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2022/m06/axians-teams-with-cisco-to-help-enterprises-in-germany-and-the-netherlands-digitize-and-expand-iot-with-cisco-private-5g.html ) December 2021: A novel light beacon that can transmit the precise position of a car failure was launched by Sigfox and CAR-LITE. By using its 0G network technology, Sigfox is able to transmit the information even in the absence of a SIM card, Wi-Fi, or internet connection. (Source: https://www.sigfox.com/car-lite-sigfox-intelligent-light-beacon-0g-network-replace-emergency-triangles/ )
| Company | 2022 (A) | 2023 (A) | 2024 (A) | 2025 (A) |
|---|---|---|---|---|
| Estimate | ••• | ••• | ••• | ••• |
| Inc. (US) | ••• | ••• | ••• | ••• |
| io (Poland) | ••• | ••• | ••• | ••• |
| Cisco Systems Inc. (US) | ••• | ••• | ••• | ••• |
| Aruba-Hewlett Packard Enterprise Company (US) | ••• | ••• | ••• | ••• |
| Bluvision-HID Global Company (US) | ••• | ••• | ••• | ••• |
| Leantegra Inc. (US) | ••• | ••• | ••• | ••• |
| Gimbal | ••• | ••• | ••• | ••• |
| Inc. (US) | ••• | ••• | ••• | ••• |
| Bluvision-HID Global Company (US) | ••• | ••• | ••• | ••• |
| Accent Advanced Systems | ••• | ••• | ••• | ••• |
| Sensor Co. | ••• | ••• | ••• | ••• |
| Ltd (US) | ••• | ••• | ••• | ••• |
| SLU (Spain) | ••• | ••• | ••• | ••• |
| Swirl Networks (US) | ••• | ••• | ••• | ••• |
Revenue data requires full access. *2nd & 3rd tier companies available on enquiry.
Request company profile for validation →According to Cognitive Market Research, the global Smart Beacon market size was USD 7351.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 33.50% from 2024 to 2031.
Smart beacons are wireless gadgets with sensors and communication capabilities that produce signals that can be communicated with by other compatible devices or nearby cellphones. These beacons make it possible for location-based services to be provided, like proximity marketing, navigation, and contextual data. They also improve user experience across a range of industries, like retail and tourism. The market will develop primarily due to two factors: the demand from the automobile industry and the acceleration of globalization. An increased focus on business intelligence to gain a competitive advantage, the exploding use of spatial data in analytics, the growing need for smart beacons for indoor navigation, and broad industrialization will all further damage the market value. The market will continue to grow as a result of increasing investment in R&D capabilities and the emergence and growth of various end-user verticals, especially in emerging countries.
For instance, to facilitate access to AI and ML solutions and promote a sustainable society, Fujitsu introduced the "Fujitsu Kozuchi" AI platform. With a suite of tools and software components built on top of Fujitsu's cutting-edge AI technologies, the new platform helps clients in a variety of industries, such as manufacturing, retail, finance, and healthcare, expedite the testing and implementation of advanced AI technologies for the particular business challenges they encounter. (Source: https://www.fujitsu.com/global/about/resources/news/press-releases/2023/0420-02.html )
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| Beacon Standard | iBeacon, Eddystone, Others |
| Connectivity Type | Bluetooth Low Energy (BLE), Hybrid |
| Offering | Hardware, Software, Service |
| End-use | Retail, Public Gatherings & Spaces, Hospitality, Transportation & Logistics, Sports, Aviation, Healthcare, Automotive, Bank, Financial Services, Insurance (BFSI), Education, Others |
| List of Competitors | Estimate, Inc. (US), io (Poland), Cisco Systems Inc. (US), Aruba-Hewlett Packard Enterprise Company (US), Bluvision-HID Global Company (US), Leantegra Inc. (US), Gimbal, Inc. (US), Bluvision-HID Global Company (US), Accent Advanced Systems, Sensor Co., Ltd (US), SLU (Spain), Swirl Networks (US) |
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
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