Global Bluetooth Beacon Device Market in Retail Will Grow At A CAGR Of 17% During The Period 2017-2020
Researchmoz added Most up-to-date research on "Global Bluetooth Beacon Device Market in Retail 2016-2020" to its huge collection of research reports. Technavios market research analyst expects the global Bluetooth beacons market in retail to grow at a remarkable CAGR of around 17% during the forecast period. Since a substantial contribution in the retail industry comes from organized retail, which include hypermarkets, supermarkets, department stores, discounters, specialty stores, and cash & carry stores, the growth in organized retailing is expediting the growth of the Bluetooth beacons devices market. Multichannel marketing as well as in the product distribution in the retail industry has become one of the major trends, which is driving the growth of the market. Bluetooth beacons manufacturers are following this trend and are developing software apps for beacons as well as manufacturing beacon devices. One such example is that Estimote, a top beacon device manufactu...