The global beacon market is likely to gain traction in the coming years with impetus from technological advancements. According to a report by Fortune Business Insights, titled "Beacon Market Size, Share and Global Trend by Technology (BLE, Wi-Fi, Ultrasound), Industry Vertical (IT and Communication, BFSI, Manufacturing, Healthcare, Power and Energy, Travel, Tourism & Hospitality, Retail), and Geography Forecast till 2025," the market is likely to expand at a considerable rate, due to the impact of real-time advancements in information technology and communication industry.