Global Geofencing Market Report 2018-2025 Contact : sales@valuemarketresearch.com
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Global Geofencing Market According to the global Geofencing Market report published by Value Market Research, the market is expected to touch USD 2,748.3 MN by 2025, with a CAGR of 22% growing from USD 683.2 MN (by revenue) in 2018. This is a tailored made research service providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends. Further, the report also offers evidence-based information that helps to transform clients business and achieve their business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this report covers a wide spectrum of services such as the latest technology trend, market opportunity analysis, and competitive landscape.
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Global Geofencing Market Dynamics The rising demand for location-based services (LBS) along with the rising penetration of mobile devices is expected to facilitate the growth of the geofencing market over the forecasted timeline. Rising demand for LBS for real-time, location-based navigation and tracking and for gathering market intelligence is again expected to fuel the market growth. Growing awareness about the benefits of location-based monitoring and management of mobile resources for increasing process and workforce productivity across the organization will definitely stimulate the market growth. Further, rising adoption of the technology across the transport and logistics sector coupled with the increasing demand from the retail industry for proximity-based promotion and marketing will also augment the geofencing market growth.
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This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of geofencing.
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Global Geofencing Market Segmentation By Service
By Application
• Deployment And Integration
• BFSI
• Support And Maintenance
• Healthcare
• Consulting And Advisory
• Retail and Hospitality
• API Management And Testing
• Industrial Manufacturing • Media & Entertainment
By product
• Transportation and Logistics
• Fixed Geofencing
• Government and Defense
• Mobile Geofencing
• Others (IT and Telecom, Human Resources, Audience engagement, Telematics, etc.)
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Global Geofencing Market Key Players
Apple ESRI Geomoby Simpli.Fi Thumbvista others
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Global Geofencing Market Regional Analysis The report comprises of the geographical segmentation which mainly focuses on current and forecast demand for geofencing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
METHODOLOGY: A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
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