The Global Geofencing Market is expected to reach USD 3,965.24 million by 2025 from USD 582.2 million in 2017 and is projected to grow at a CAGR of 27.01% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The geofencing market research presents an extensive outline of the geofencing market. This report additionally includes significant vital advances of the market alongside new product launch, associations, acquisitions and mergers, understandings, examine and improvement coordinated efforts and joint endeavors, and territorial extension of real market players on a worldwide and local premise. The report contains a creative device trying to assess the overall situation of the business and investigate openings and supporting key basic leadership. The report uses top-notch research tools and techniques and methodology for gathering information, for example, studies, feeling surveys, or polls, or organize to get existing information.
Key Players: Global Geofencing Market
The renowned players in geofencing market are Apple, inc., Thumbvista, pulsate, Simpli.fi Holdings inc., ESRI, Bluedot Innovation, Geomoby, Gpswox, ltd., Localytics, SWIRL Networks inc., Bluedot Innovation Pty Ltd, Gimbal Inc., Google LLC, IBM Corporation, Microsoft Corporation, Radar Labs Inc., Samsung Electronics Co., Verve Inc., Mapcite, Pulsate, Mobinius Technologies, and many more.
Market Drivers and Restraints:
Technological advancements and rise in the use of spatial data and analytical tools
Increasing applications in numerous industry sectors
Rising adoption of location-based application among consumers
Increasing awareness regarding safety and security among consumers
Table of Contents
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
9. Industry Type
Market Segmentation: Global Geofencing Market
The market is based on component, service, geofencing type, organization size, vertical and geographical segments.
Based on component, the market is segmented into solution and services.
Based on service, the market is segmented into deployment and integration services, support and maintenance services, consulting and advisory services, API management and testing services.
Based on geofencing type, the market is segmented into fixed geofencing, mobile geofencing.
Based on organization size, the market is segmented into small and medium-sized enterprises, large enterprise.
Based on vertical, the market is segmented into transportation and logistics, retail, healthcare and life sciences, industrial manufacturing, media and entertainment and other.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil are among others.
Competitive Analysis: Global Geofencing Market
The global circuit breaker market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of geofencing market for global, Europe, North America, Asia Pacific and South America.
In 2018, Bluedot Innovation launched launched Bluedot Location Marketing on the Salesforce App Exchange; it will help them to empowered businesses to connect with their customers, partners, and employees in entirely new ways.
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