Beacon Market, Report Explains all about Industry Growth, Size and Worldwide Outlook – 2030

The Global Beacon Market size was valued at USD 1.35 billion in 2019 and is predicted to reach USD 49.31 billion by 2030 with a CAGR of 38.6% from 2020-2030. Beacon is a small, battery-powered, electronic device that runs on Wi-Fi, low energy Bluetooth, ultrasound, or hybrid technologies. It is used for transmitting digital information to nearby devices such smartphones, tablets, laptops, and other smart gadgets.