The newest research report from Report Ocean, titled “Beacons Management Software Market” Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2023-2030,” presents a comprehensive analysis of the global market. This report offers a detailed examination of future revenue projections, market demands, regional analysis, and other crucial information about the target market, including drivers, restraints, opportunities, and threats. Additionally, the report provides insights into the key companies operating in the market, supply chain trends, financials, significant developments, and technological innovations. It also encompasses future strategies, acquisitions, and mergers that may impact the ASRS industry.
Beacon management software simplifies the administration of the beacon meshes within the given location. It maintains, registers, and checks the position of beacons within the map and monitors the battery status including past data such as downtimes. The software allows its users to change beacon settings as well as change profiles and alerts; both, individually or in bulk. The beacon management software keeps a track of data output from multiple beacons and gives information regarding battery status, last ping time, and alerts regarding visitor analytics.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Factors such as growth in need for technologically advanced platform to manage multiple beacons installed by the retailers or particular company, rise in adoption of beacons across various industries, increase in awareness about the proximity marketing, and large penetration of IoT drives the beacons management software market growth. Moreover, continuous technological advancements in the beacons as well as increase in adoption of beacons management software in the smart cities is expected to provide lucrative opportunities for the beacons management software market growth. However, limitations of beacon deployment hamper the growth of beacons management software market.
The global beacons management software market is segmented based on component, end user, and region. By component, the beacons management software market is divided into software and service. Based on end user, it is classified into retail and non-retail segments. Based on region, the beacons management software market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS
The study provides an in-depth analysis of the global beacons management software market along with current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
Quantitative analysis from 2018 to 2024 is provided to determine the market potential.
KEY MARKET PLAYERS
Aruba (HP)
Beaconinside GmbH
BlueCats
Estimote, Inc.
Glimworm Beacons
Kontakt.io
MobStac, Inc.
Quuppa Oy
Relution Inc.
Sensoro Co., Ltd.
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KEY MARKET SEGMENTS
BY COMPONENT
Software
Service
BY END USER
Retail
Non-retail
BY REGION
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Report Scope:
- This report provides a comprehensive segmentation of the market, offering the closest approximations of revenue for the overall market and its sub-segments across different verticals and regions.
- The report enables stakeholders to understand the market’s dynamics and provides valuable information on key drivers, restraints, challenges, and opportunities.
- Stakeholders can gain a better understanding of their competitors and acquire insights to improve their business position.
- The competitive landscape section includes the competitor ecosystem, new product development, agreements, and acquisitions.
Research Methodology:
Research Objectives: This section outlines the overall goals of the research study, including the research questions and hypotheses that will be addressed.
Research Design: This section describes the overall research design, including the research approach (e.g., quantitative, qualitative, mixed-methods), data collection methods (e.g., surveys, interviews, focus groups), and sampling strategy (e.g., random sampling, stratified sampling).
Data Collection: This section outlines the process used to collect data, including the sources of data (primary, secondary), the data collection instruments (e.g., survey questionnaire, interview guide), and the data collection procedures (e.g., data cleaning, coding, entry).
Data Analysis: This section describes the analytical methods used to analyze the data, such as statistical tests, qualitative coding, or content analysis.
Limitations: This section outlines the limitations of the study, including any potential biases, sources of error, or limitations in the data.
Ethical Considerations: This section describes any ethical considerations that were taken into account during the research process, such as obtaining informed consent from participants, protecting participant confidentiality, and minimizing any potential harm to participants.
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