openPR Logo
Press release

Worldwide Geofencing Market Size At CAGR of 16.3% | Recent Industry Updates in Technology, Growth Factors, Analysis By Top Manufacturers Like Apple, INC. (U.S.), Thumbvista (U.S.), Pulsate (U.S.), Simpli.Fi Holdings Inc. (U.S.)

10-07-2021 03:48 PM CET | IT, New Media & Software

Press release from: StraitsResearch

Geofencing Market

Geofencing Market

Geofencing Market Snapshot

Geofencing technology helps determine geographical boundaries with the help of GPS, Wi-Fi, and RFID and allows users to set up triggers based on location information. With technological advancements, geofencing is increasingly being implemented in various applications such as Facebook and WhatsApp and travel services applications such as Uber.

Global Geofencing Market 2021 debates the report moreover centers around global giant manufacturers of the Geofencing with dynamic information like company profiles, market segmentation statistics, demanding situations and limitations, industry value, cost, sales, income, and much more information. This study provides key facts at the state of the industry and is a valuable supply of steerage and path for organizations and people inquisitive regards the market

The objective of the study is to outline market sizes of various segments and nations in previous years and to estimate the values for the next five years. The report is Intended to offers the most segmented consumption and sales data of diverse types of Geofencing, downstream consumption fields, and competitive landscape in numerous regions and countries around the globe, this report studies the latest market data from the primary and secondary imposing sources.

The geofencing market was valued at USD 580.65 million and expected to grow at a CAGR of 16.3% during the forecast period (2019–2026).

Download Our Free Request Sample Pdf to Know More Regards the Latest Price Trends @ https://straitsresearch.com/report/geofencing-market/request-sample

Geofencing Market, By Company

Apple, INC. (U.S.), Thumbvista (U.S.), Pulsate (U.S.), Simpli.Fi Holdings Inc. (U.S.), Esri (U.S.), Bluedot Innovation (U.S.), Geomoby (Australia), GPSWOX, Ltd. (U.S.), Localytics (U.S.), Swirl Networks Inc. (U.S.) and others.

Geofencing Market Report Highlights:
• Comprehensive summary of parent market & supernumerary market
• Shifting market dynamics in the industry (like COVID & Economic Impact Analysis)
• In-depth market segmentation (Trends, Drivers, Restraints, Growth with Historical & Forecast Analysis)
• Recent industry updates and growth activity
• Competitive landscape (Emerging Vendors & Market Share Analysis for Major Players along with complete Profiles)

Market players are focusing on enhanced accuracy and integration functionalities to improve their existing offerings. With aggressive promotion and marketing strategies, companies are developing solutions for various customer segments for promotion, asset tracking, workforce management, and fleet monitoring applications.

The report also offered market size (value and volume). Furthermore, the report also provides detailed information regards crucial aspects like drivers and restraining factors, which will describe the future growth of the Geofencing market.

The Geofencing Market Has Been Segmented as Below:

By Type, Fixed Geofencing, Mobile Geofencing
By Component, Solution, Service
By Technology, GPS, RFID, Wi-Fi, cellular network
By Deployment, On Premise, Cloud
By Vertical, Transportation and Logistics, Retail, Healthcare, Industrial Manufacturing, Media and Entertainment, Government and Defence, Banking, Financial Services, And Insurance (BFSI), Others

Request Customized Report as Per Your Choices @ https://straitsresearch.com/buy-now/geofencing-market/global

Market Study and Insights: Global Geofencing Market

Since the worldwide COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the world with the WHO (World Health Organization) stating it a public health emergency. The global effects of the coronavirus disease 2019 (COVID-19) are already preliminary to be felt, and will expressively affect the Geofencing market in 2021.
COVID-19 can disturb the global economy in three major ways: by directly affecting production and demand, by generating supply chain and market disruption, and by its financial influence on companies and financial markets.
The outbreak of COVID-19 has transported effects on various aspects such as flight cancellations; travel bans, and quarantines; restaurants closed; all indoor events constrained; over forty countries state of emergency declared; huge slowing of the supply chain; stock market instability; falling business confidence, rising panic among the population, and uncertainty regards future.

Direct Visit Our Full Report Below @ https://straitsresearch.com/report/geofencing-market

Geographically, this report is segmented into various key regions, with industry sales, revenue, global market shares, and growth rate of Geofencing in these regions, from 2017 to 2029, covering

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What does the Geofencing Market Report Offer?

The market report provides qualitative and quantitative visions on the industry and an in-depth analysis of the size & growth rate for all segments impacting the market growth. Also, the report offers an insightful study of market dynamics, opportunities, evolving trends, and competitive landscape. The valuable insights obtainable are based on the latest trends, latest industry developments like mergers & acquisitions, partnerships, and others by adopting various research methodologies that will affect the development of the now and future market growth during the estimated period.

Get Full Report TOC Below @ https://straitsresearch.com/report/geofencing-market/toc

More Trending Reports by StraitsResearch:

Digital Map Market | Straits Research
https://straitsresearch.com/report/digital-map-market/

HD Maps for Autonomous Vehicles Market 2029 | Straits Research
https://straitsresearch.com/report/hd-maps-for-autonomous-vehicles-market/

Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: +1 6464807505, +44 203 318 2846
Website: https://straitsresearch.com/

StraitsResearch.com is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Worldwide Geofencing Market Size At CAGR of 16.3% | Recent Industry Updates in Technology, Growth Factors, Analysis By Top Manufacturers Like Apple, INC. (U.S.), Thumbvista (U.S.), Pulsate (U.S.), Simpli.Fi Holdings Inc. (U.S.) here

News-ID: 2421391 • Views: 481

More Releases from StraitsResearch

Maleic Anhydride Market 2022: Explore Top Factors that Will Boost the Global Mar …
Maleic Anhydride Market The research methodology of Straits Research involves an ideal combination of primary and secondary research with the help of which the experts' inferences and calculations are derived. Our reports are revised at regular intervals to be able to give recent information to our clients and help them make efficient business decisions. The information provided in the reports is verified in terms of quality and reliability. The Major Players Covered in this
Blood Glucose Lancets Market Emerging Technological Growth, Future Growth and Bu …
Blood Glucose Lancets Market The research methodology of Straits Research involves an ideal combination of primary and secondary research with the help of which the experts' inferences and calculations are derived. Our reports are revised at regular intervals to be able to give recent information to our clients and help them make efficient business decisions. The information provided in the reports is verified in terms of quality and reliability. The Major Players Covered in
Graphic Film Market: Business Class Seating Type To Rising at 4.6% During 2022-2 …
Graphic Film Market The research methodology of Straits Research involves an ideal combination of primary and secondary research with the help of which the experts' inferences and calculations are derived. Our reports are revised at regular intervals to be able to give recent information to our clients and help them make efficient business decisions. The information provided in the reports is verified in terms of quality and reliability. The Major Players Covered in this
Digital PCR Market to See Wonderful Rise during 2022-2029 with High CAGR Growth
Digital PCR Market The research methodology of Straits Research involves an ideal combination of primary and secondary research with the help of which the experts' inferences and calculations are derived. Our reports are revised at regular intervals to be able to give recent information to our clients and help them make efficient business decisions. The information provided in the reports is verified in terms of quality and reliability. The Major Players Covered in this

All 5 Releases


More Releases for Geofencing

Geofencing: Technology and Market Dynamics
Geofencing Market: Drivers and Restraints The prime factor responsible for the growth of the Geofencing market is increasing technological advancements in maintaining the security and safety majors for the organizations and also part of the geographies. Also, the constant technological advancements going on in the cloud computing applications, Global Navigation Satellite System (GNSS), and the wireless technologies which are supporting the Location-Based Services (LBS), Global Positioning System (GPS), are contributing significantly
Geofencing Industry 2019: Manufacturers and Market Future Outlook
The Global Geofencing Industry Report 2019 is a professional and in-depth study on the current state of the Geofencing Market. Key #Companies Analysis- Esri, Apple, Thumbvista, Localytics, Simpli.fi, Sample Study @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=2042488 The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Geofencing market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The 2019
Geofencing Market share growth trends and Forecast
Geofencing market is projected to surpass USD 1.7 billion by 2024. The technology combines the awareness of user’s current location with that of their proximity to a location of interest. The market is witnessing rapid growth due to increasing global penetration of mobile devices and favorable growth of location-based services implementation. As businesses are increasingly realizing the benefits of location-based monitoring and management of mobile resources for increasing workforce and
Geofencing Market expected to grow significantly
Geofencing market is projected to surpass USD 1.7 billion by 2024. The technology combines the awareness of user’s current location with that of their proximity to a location of interest. The market is witnessing rapid growth due to increasing global penetration of mobile devices and favorable growth of location-based services implementation. As businesses are increasingly realizing the benefits of location-based monitoring and management of mobile resources for increasing workforce and
Geofencing Market Evaluation Targets Advancement Anticipated until 2022
Market Research Reports Search Engine has developed an exclusive market study on geofencing, analyzing the market from a global perspective and deriving forecast on its expansion for the assessment period, 2017-2022. Key players in the global geofencing market have been identified and profiled to create baseline for market size forecasting. By aggregating the revenues of these players for the past five years, the report offers a comprehensive analysis on the
Geofencing
The Insight Partners added “Geofencing Market 2025 – Global Analysis and Forecasts by Connectivity (Active and Passive), Type (Fixed and Mobile); Enterprise Size (Small and Medium-Sized Enterprise, and Large Enterprise); and Application (Healthcare, Industrial Manufacturing, Banking, Financial Services, and Insurance (BFSI), Government and Defense, Transportation and Logistics, Retail, and Others) Geofencing is a location-based applications which use technologies of global positioning system (GPS) and radio frequency identification (RFID) to create virtual