Title: Geofencing Market
1Global Geofencing Market Industry Trends and
Forecast to 2025
Global Geofencing Market, By Component (Solution,
Services), Service (Deployment And Integration
Services, Support And Maintenance Services,
Consulting And Advisory Services, API Management
And Testing Services) Geofencing Type (Fixed
Geofencing, Mobile Geofencing), Organization
(Small And Medium-Sized Enterprises, Large
Enterprise), Vertical (Transportation And
Logistics, Retail, Healthcare And Life Sciences,
Industrial Manufacturing, Media And Entertainment
And Other)
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2Report Description
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. Geofencing is a virtual surrounding
created around the lands boundary. It consists of
data software programs which are collected from
the GPS (Global Positioning Systems). It includes
the location details as per geographic
parameters. The essential factor in charge of
the expanding prevalence of the geofencing is
that it permits an overseer who has set up the
geofencing to set up the triggers for occasions.
3Major Key Players
- Some of the major players operating in this
market are - Apple, inc.
- Thumbvista, pulsate
- Simpli.fi Holdings inc.
- ESRI
- Bluedot Innovation
- Geomoby
- Gpswox, ltd.
- Localytics
- SWIRL Networks inc.
- Bluedot Innovation Pty Ltd
- Google LLC
- IBM Corporation
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4Market Segmentation
- By Component (Solution, Services)
- By Service (Deployment And Integration Services,
Support And Maintenance Services, Consulting And
Advisory Services, API Management And Testing
Services) - By Geofencing Type (Fixed Geofencing, Mobile
Geofencing), - By Organization (Small And Medium-Sized
Enterprises, Large Enterprise) - By Vertical (Transportation And Logistics,
Retail, Healthcare And Life Sciences, Industrial
Manufacturing, Media And Entertainment And Other)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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