Growing Market Adoption The increasing acceptance and usage of QR codes and NFC technology, as evidenced by Blue Bite's 2022 Consumer Trend Report, indicate a strong demand among brands for connected product solutions. This trend presents opportunities to target companies seeking to enhance customer engagement through digital experiences.
Recent Product Launches Blue Bite's recent launch of Blue Bite Connect and collaboration with premium brands like Louis XIII showcase a focus on accessible, scalable digital experience solutions. These offerings appeal to brands looking for easy-to-deploy connected product strategies, creating sales prospects in various industry segments.
Industry Recognition Awards and recognition, including the NFC Forum Innovation Award and a Platinum Award for QR code applications, establish Blue Bite as a leading innovator in connected products. This positioning can be leveraged to approach brands committed to adopting cutting-edge technology for brand differentiation.
Strategic Acquisition Support Since partnering with Markem-Imaje, a Dover Corporation company, Blue Bite has expanded its market reach and technical capabilities. Companies seeking reliable, established solutions for product engagement can be encouraged to explore Blue Bite’s offerings for enhanced credibility and support.
Financial Growth Potential With revenue estimates between 10 million and 25 million dollars and ongoing innovation, Blue Bite is positioned for growth. Engaging with mid-sized brands looking to adopt or scale connected product solutions could unlock substantial revenue opportunities aligned with the company's development trajectory.