Beacons Report Cover TrendFeedr

Beacons Report

: Analysis on the Market, Trends, and Technologies
8.5K
TOTAL COMPANIES
Expansive
Topic Size
Incremental
ANNUAL GROWTH
Surging
trending indicator
20.0B
TOTAL FUNDING
Average
Topic Maturity
Overhyped
TREND HYPE
138.6K
Monthly Search Volume
Published: March 25, 2024
Updated: June 29, 2024
Author: Samir Wilson

The business domain of beacons is characterized by a dynamic and innovative landscape that leverages location-based technologies to enhance a variety of services across industries. Beacons, as conspicuous devices, have evolved from traditional navigational aids to sophisticated tools for proximity marketing, asset tracking, and location-based services. With a total funding of $18.33 billion, the beacon sector demonstrates robust growth, marked by a significant surge in trending indicators and high current hype status. The sector’s maturity is reflected in its expansive topic size and diverse range of applications, including telecommunications, marketing, and construction. The upward trend in news coverage, funding, and new company growth indicates a promising future for beacon technology, with increasing integration across sectors and a rising presence in the media landscape.

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Topic Dominance Index of Beacons

To identify the Dominance Index of Beacons in the Trend and Technology ecosystem, we look at 3 different time series: the timeline of published articles, founded companies, and global search. These timelines are normalized and combined to show a comprehensive view of the Beacons evolution relative to all known Trends and Technologies.

Dominance Index growth in the last 5 years: 194.01%
Growth per month: 1.81%

Key Activities and Applications

  • Proximity marketing solutions that leverage beacon technology to target consumers based on location.
  • Asset tracking systems that utilize beacons for real-time monitoring and management of company resources.
  • Navigation and wayfinding platforms that guide users indoors, where GPS is less effective.
  • Machine learning capabilities combined with beacons to predict and prescribe business actions.
  • Integration of beacon technology in sectors such as telecommunications, marketing, advertising, and construction.

Technologies and Methodologies

  • Bluetooth Low Energy (BLE) as the predominant technology for beacon communication.
  • Development of cross-platform mobile applications that respond to beacon signals for a seamless user experience.
  • Cloud-based platforms that manage and analyze data from beacon deployments.
  • Adoption of beacon technology in Internet of Things (IoT) ecosystems for enhanced device interconnectivity.

Beacons Funding

A total of 703 Beacons companies have received funding.
Overall, Beacons companies have raised $20.0B.
Companies within the Beacons domain have secured capital from 1.6K funding rounds.
The chart shows the funding trendline of Beacons companies over the last 5 years

Funding growth in the last 5 years: 233.09%
Growth per month: 2.06%

Beacons Companies

The Companies feature is a crucial part of TrendFeedr. It offers in-depth information about 8.5K companies working within Beacons and other trends and technologies. Identify and analyze innovators and key players in relevant industries more easily with this feature.

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8.5K Beacons Companies

Discover Beacons Companies, their Funding, Manpower, Revenues, Stages, and much more

View all Companies

Beacons Investors

TrendFeedr’s investors tool offers a detailed view of investment activities that align with specific trends and technologies. This tool features comprehensive data on 754 Beacons investors, funding rounds, and investment trends, providing an overview of market dynamics.

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754 Beacons Investors

Discover Beacons Investors, Funding Rounds, Invested Amounts, and Funding Growth

View all Investors

Beacons News

Stay informed and ahead of the curve with TrendFeedr’s News feature, which provides access to 24.6K Beacons articles. The tool is tailored for professionals seeking to understand the historical trajectory and current momentum of changing market trends.

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24.6K Beacons News Articles

Discover Latest Beacons Articles, News Magnitude, Publication Propagation, Yearly Growth, and Strongest Publications

View all Articles

Executive Summary

The beacon technology sector stands at the forefront of location-based innovation, offering businesses a spectrum of applications that drive market opportunities and customer engagement. Key activities such as proximity marketing and asset tracking are underpinned by emergent trends like the integration of advanced analytics and real-time intelligence. With substantial investment and a diverse range of companies contributing to the sector's growth, beacon technology is poised to play a pivotal role in shaping the future of business, innovation, and technology. As the sector continues to mature, it will undoubtedly become an indispensable tool for enhancing offerings and services across various industries.

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