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Monday, October 13, 2014

FREE REPORT: The Beacons Report: Market Forecast For The Most Important Retail Technology Since Mobile Credit Card Readers

Business Insider

 
 
BI Intelligence
 

FREE REPORT — BEACONS: Exclusive Market Forecast And Top Strategies As Retailers Race To Adopt Them

More than half of the top 100 U.S. retailers are testing beacons in stores this year. How big will the beacons market become?

BI Intelligence finds that these small devices are the fastest-growing in-store technology since mobile credit card readers. The beacon installed base will see triple-digit growth rates over the next few years.

  • The beacon installed base will consist of 4.5 million active beacons overall by year end 2018, with 3.5 million of these in use by retailers. The full BI Intelligence report includes the five-year CAGR for beacons.
  • Half of the top 100 retailers in the U.S. are testing beacons this year, and we expect them to have this new technology installed in one-third of their store locations by the end of 2015.
  • Globally, we estimate that 570 million Android and Apple smartphones are compatible with Bluetooth low energy (BLE), the signal emitted by beacons to wake up smartphone apps, which translates to roughly one-third of the smartphone installed base.

Click here to download your free report »

For a limited time, you can download this BI Intelligence report for FREE, courtesy of UPS CONNECT.

UPS CONNECT is a free program with timesaving tools, exclusive discounts, and a dedicated team of experts to help your small business grow.

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