New York , United States – The global smart badge market size was valued at ~$17.49 billion in 2020. The market is forecast to grow at a CAGR of ~8.9% during the forecast period from 2021-2027.
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Smart badges are multi-mode trackers embedded with GPS, Wi-Fi sniffers, low-power GPS, BLE, and LoRaWAN TDoA geolocation technologies that provide fast and accurate geolocation. Smart badges are ideal devices for tracking, zone notifications, and monitoring worker safety and security. This device is portable, lightweight, easy to operate, and comes equipped with a single button that gives access to multiple features which can be customized to fit customer needs.
There are two types of the smart badge: the smart badge with display and the smart badge without display. Smart badges can be classified as contact badges or contactless badges based on communication. Unlike magnetic badges, contactless badges have a chip inserted into the antenna and encased inside the badge body. A smart badge can be used for a number of purposes. Among them are government & healthcare, corporate, events & entertainment, and retail and hospitality.
Factors Affecting the Global Smart Badge Market
Covid-19 Impact on the Global Smart Badge Market
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Regional Analysis: The Global Smart Badge Market
Key Players: The Global Smart Badge Market
The prominent players in the global smart badge market are:
Aim of the Report: The Global Smart Badge Market
The global smart badge market is segmented based on Industry, Type, Offering, Communication, and Region.
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What are the key findings of the report?
?This report provides comprehensive information on factors expected to influence the market growth and market share in the future. ?The report offers the current state of the market and future prospects for various geographical regions. ?This report provides both qualitative and quantitative information about the competitive landscape of the market.
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