Smart Beacon Market: Global Industry Analysis and Forecasts

Divya24 Jul, 2024Business

Smart Beacon Market was valued at US$ 5.70 Bn. in 2022. A smart beacon is a proximity device that uses Bluetooth low energy proximity sensing technology to send a signal to a compatible application or operating system. When a smartphone or tablet enters the beacon's range, it detects the device's physical location and tracks the consumer, triggering allocation-based notifications on the device.

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