Indoor Location Retail Market on Track To Reach 1 Million Deployments by 2020
Bluetooth Low Energy beacons are key building blocks for indoor location, a market that’s expected to reach 1 million retail deployments by 2020, ABI Research said in a report. Beacons are spreading into all 11 retail/venue verticals in the ABI…
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database with the fastest growth occurring in QSR (quick-service restaurant) and convenience stores at 84 percent and 47 percent clips, said ABI. Total beacon shipments, said ABR, are expected to approach 200 million by 2020 as categories including connected home, personal tracking and enterprise take hold. Google's UriBeacon technology is expected to have a big impact on those verticals, it said. Other indoor location technologies such as Wi-Fi, audio/ultrasound and small cells/LTE are also viable, said ABI.