Beacon technology has emerged as one of the fastest-growing forms of business technology in recent years. Beacon technology solutions are versatile and easy to install. It provides vital data for businesses across multiple industries, making it exponentially more important.
It is predicted that the global beacon technology market size was USD 1.36 billion in 2018 and will reach USD 31.61 billion in 2026. This increase reflects a 48.9% CAGR over the forecast period. (Click for more.)
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How Beacon Technology Works?
Beacon technology involves using small portable devices to send a radio signal that can be picked up by other devices in the plug. These wireless devices are powered by batteries and use Bluetooth Low Energy (BLE) technology to send radio signals. Beacon BLE technology provides access to very important data as a versatile system.
When a device detects the signal sent by beacons, it can establish a connection to a Cloud server or other data source. Basically, it can be said that beacon technology consists of three main components. These three components are the software development kit (SDK), backend management tools, and beacon devices.
These three main components are placed in spaces so that they can connect with each other. The collected data can be examined in detail on the display screen (tablet or phone). Beacon technology can take many different forms. Among the prominent ones; There are standard beacons, portable beacons, USB beacons, AL beacons, sticker beacons, and main and special beacon types. Beacon technology uses may differ according to industrial areas. In addition, the spatial analysis also affects beacon selection.
What Companies Use Beacon Technology?
Beacon technology was first introduced by Apple in 2013 with the introduction of iBeacon with iOS 7. Apple used beacon technology to send notifications to customers in-store. Since then, many retail stores have integrated beacon solutions. Not only retail but also many sectors such as construction, agriculture, and logistics continue to actively use beacons. Beacon technology also continues to produce different data collection solutions within the scope of IoT.
Beacon technology is actively used by many different brands in line with the advantages it offers. For example, Target, as the second largest retailer in the US, uses beacons to help shoppers find their way around stores and find specific products. Beacons that provide real-time location data enable the company to increase customer satisfaction in this context. Beacon technology continues to be used by many different companies in the retail industry, including Walmart and Macy’s.
Beacon technology examples continue to be seen frequently in the field of warehouse management. Warehouse management, which is the most important for logistics companies, aims to maximize efficiency when it meets beacon technology. Beacons, which affect the planning, organization, control, and coordination processes, provide real-time data tracking at affordable costs.
What are The Benefits of Beacon Technology?
It is possible to examine beacon technology from different perspectives according to sectors. However, as Boni Global, we will take a look at the benefits of this special technology, especially in the field of logistics. But these benefits also apply to other sectors. In this context, the prominent advantages of beacon technology are as follows.
1. Fast Installation with Affordable Cost; Time and Cost Savings
Beacon technology offers a more cost-effective installation advantage compared to other tracking systems with its high performance. Installation is quick as it comes with SDK and an administration panel. In addition, since it can connect with any compatible mobile device, it can create a wide area of use.
2. Reliable System Technology; Seamless Process Gain
Beacon devices manage to meet expectations in terms of reliability. They can receive and send signals from many areas, including underground areas or thick walls. They create a seamless experience as they have additional features such as waterproofing for external factors. The fact that the devices work without any problems allows the process to continue to run without any problems.
3. Instant Access to Accurate Information; Staying Up-to-Date
Beacon systems have a structure supported by most modern devices. Since they have the power to work continuously in a wide coverage area, it is also possible to reach the right information instantly. Mobile beacon technology monitoring systems allow you to analyze the data you need from anywhere. When we look at this perspective, beacon technology gives you the power to manage your system anywhere in the world.
Take Your Place Among the Leaders of Your Industry with Beacon Technology
Beacon technology has systems that trigger preset actions to deliver informative and personalized experiences. Defined as a modern touch of cutting-edge indoor monitoring, beacon devices send information to IoT devices that make location-based analytics and interactions much simpler. Connecting to each other makes it possible to transfer live and accurate information instantly.
Beacon devices, one of the prominent technologies in indoor monitoring, achieve many benefits for their users. Thanks to its smart system, it can understand how assets behave, especially in large spaces. Thus, employers can plan their space for a better and safer experience.
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Beacons continue to develop with their special working system and advantages. Considering all this, it is not difficult to predict the information that tracking devices will take place in many workplaces in the coming years. Its ease of management, live information transmission and low cost make this special technology stand out among other tracking systems.
At Boni Global, we are aware of the benefits of this special technology. We want to show that they have made incredible contributions to the productivity performance of companies with the gains they bring with them. In this context, we are happy to present our collaborations to you and conduct an earnings analysis.
You can also examine the beacon benefits, and adapt this special technology to your own company structure. Since it is a versatile system, it is possible to take shape according to the needs of your industry. Contact us to get detailed information about beacon technology and to meet this special system in cooperation with Boni Global!
