Press release
ZGeofencing Market: The global market is expected to grow at a CAGR of 17.2% during the forecasted period.
The geofencing market continues to evolve with advancements in technology and the increasing adoption of location-based services. Businesses are leveraging geofencing solutions to enhance customer engagement, improve operational efficiency, and create innovative experiences based on real-time location data.
Request Free Sample Report or https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=020098
Key Highlights:
• The global Geofencing Market size was valued at USD 1.5billion in 2022 growing at a CAGR of 17.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has recently released a new market research report on the Global Geofencing Market. The report covers a wide range of aspects, such as market size and forecast, market dynamics, analysis of competitors' market share, value and volume of the market, SWOT analysis, product benchmarking, recent developments of key players, and potential opportunities. Additionally, the market has been assessed based on four indicators in the market dynamic chapter, including Drivers, Restraints, Key Trends, and Challenges.
In terms of COVID 19 impact, the Geofencing Market report also includes the following data points:
• COVID19 Impact on Geofencing Market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Geofencing Market
Buy Latest Copy of Report Now at Higher Discount: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=020098
Key Players
Some of the major Geofencing Market players holding high market share include Esri, Bluedot Innovation, Factual Inc. and DreamOrbit. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Esri
• Bluedot Innovation
• Factual Inc.
• DreamOrbit
• Embertel
• LocationSmart
• Apple Inc
• InVisage Technologies
• GPSWOX
• Upland Localytics
Segmental Analysis
Market Segment By Type with focus on market share, consumption trend, and growth rate of Geofencing Market:
• Fixed Geofencing
• Mobile Geofencing
Market Segment By Size with focus on market share, consumption trend, and growth rate of Geofencing Market:
• Small and Medium-sized Enterprises
• Large Enterprises
Market Segment By end-user with focus on market share, consumption trend, and growth rate of Geofencing Market:
• Transportation and logistics
• Retail
• Healthcare and life sciences
• Industrial manufacturing
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=020098
Global Geofencing Market Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning
Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/
About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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 ZGeofencing Market: The global market is expected to grow at a CAGR of 17.2% during the forecasted period. here
News-ID: 3147211 • Views: …
More Releases from Evolve Business Intelligence
Capsules: Encapsulating Opportunity in the Self-Healing Concrete Market
The self-healing concrete market is gaining momentum, driven by the need for durable and sustainable infrastructure. Within this innovative field, the capsule segment stands out as a high-opportunity area, offering a promising approach to automatically repair rifts and extend the lifespan of concrete structures.
Market Dynamics and Growth Drivers
Capsule-based self-healing concrete incorporates micro or macro capsules containing healing agents, such as bacteria, polymers, or mineral precursors, into the concrete mix. When…
Flow and Level Sensors: Navigating High Opportunity in the Marine Sensors Market
The marine sensors market is experiencing significant growth, driven by the increasing demand for enhanced vessel safety, operational efficiency, and environmental monitoring. Among the diverse array of marine sensors, the flow and level sensors segment presents a high-opportunity area, playing a vital role in ensuring optimal vessel performance and preventing critical failures.
Market Dynamics and Growth Drivers
Flow and level sensors provide real-time data on fluid levels and flow rates within various…
Seat Mounts: Anchoring Growth in the Dynamic Marine Seats Market
The marine seats market is driven by the demand for comfort, safety, and durability in various marine applications, from recreational boating to commercial vessels. Within this dynamic sector, the seat mount segment presents a high-opportunity area, playing a crucial role in ensuring secure and adaptable seating solutions for diverse marine environments.
Market Dynamics and Growth Drivers
Seat mounts provide the essential connection between marine seats and the vessel's deck, offering stability, adjustability,…
PE100 Pipes: The High-Pressure Powerhouse Driving Growth in the HDPE Pipes Marke …
The HDPE (High-Density Polyethylene) pipes market is experiencing robust expansion, fueled by its versatility and durability across various applications. Within this thriving sector, the PE100 pipe segment stands out as a high-opportunity area, offering superior performance for high-pressure applications in water, gas, and industrial pipelines.
Market Dynamics and Growth Drivers
PE100 pipes, characterized by their high density and excellent long-term hydrostatic strength, are designed to withstand demanding operating pressures…
More Releases for Geofencing
Emerging Trends to Reshape the Geofencing Market: Increasing Focus On Enhancing …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Geofencing Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The scale of the geofencing market has expanded dramatically in the past few years. The progress from $2.73 billion in 2024 to $3.41 billion in 2025 represents a compound annual growth rate (CAGR) of 24.7%. Various…
Mobile Device Penetration Driving The Geofencing Market Growth: Key Factor Drivi …
The Geofencing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Geofencing Market Size During the Forecast Period?
In recent years, the size of the geofencing market has witnessed exponential growth. The market is estimated to expand from $2.73 billion in 2024 to…
Internet Of Things (IoT) Contribution To Geofencing Software Market Momentum: An …
The Geofencing Software Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Geofencing Software Market?
The market scale for geofencing software has witnessed rapid expansion lately. The market value is predicted to surge from $49.63 billion in 2024 to $55.54…
Internet Of Things (IoT) Contribution To Geofencing Software Market Momentum Dri …
What industry-specific factors are fueling the growth of the geofencing software market?
The geofencing software market is projected to expand due to the escalating demand for the Internet of Things (IoT). IoT, which refers to a network of interconnected physical objects equipped with sensors, software and other technology to collect and share data via the internet, is seeing heightened demand. This is attributed to a number of factors such as the…
Key Influencer in the Geofencing Market 2025: Mobile Device Penetration Driving …
What combination of drivers is leading to accelerated growth in the geofencing market?
Expected advancements in the geofencing market are being powered by the rising prevalence of mobile devices. These wireless, portable electronic tools, primarily utilized for communication and data transmission, are increasingly popular due to ongoing growth in e-commerce, usage of social media and messaging apps, and cost-effective data packages. Geofencing employs mobile device GPS technology to develop location-aware apps…
Major Market Shift in Geofencing Industry: Increasing Focus On Enhancing Cyberse …
"What Is the Forecasted Market Size and Growth Rate for the Geofencing Market?
The geofencing market will grow from $2.73 billion in 2024 to $3.41 billion in 2025, at a CAGR of 24.7%. The rise in location-aware marketing, the growing adoption of IoT devices, and the increased use of smartphones and mobile apps are key growth drivers.
The geofencing market is set for rapid expansion, growing to $8.14 billion by 2029 at…
