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What, Exactly, Is a Beacon? Apple iBeacons were the first to hit the market in 2014, closely followed by Google’s Eddystone beacons in 2015, and is now expected to surpass $25 billion by 2024. Beacons are small, wireless transmitters that use low-energy Bluetooth technology to send signals to other smart devices nearby. Simply put, devices utilizing this technology are able to connect and transmit location-based information quickly and accurately. Unlike GPS-based systems …

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Bluetooth’s power-hungry nature has made it impractical for many types of wireless devices in the past. Bluetooth Low Energy is changing this, enabling new types of devices that can operate for months or years with small batteries. For example, you’ll be able to put a cheap, small device on your keychain so you can track the location of your keys from your phone. The device’s battery will last an entire …

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