openPR Logo
Press release

Geofencing Market: Industry Analysis And Detailed Profiles Of Top Industry Players

11-06-2017 05:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Geofencing Market: Industry Analysis And Detailed Profiles

Benefits of virtual perimeters that can trigger response when a mobile device enters the girded geographical area and send real-time messages automatically are being actively considered by end-users across the globe. Geofencing, the process for executing this, is emerging as an effective tool built on robust and advanced technologies such as GPS and RFID. According to Transparency Market Research’s latest report, the global geofencing market will continue to witness active participation of tech players who focusing on extending their capabilities in development of effective geofencing solutions.

Companies such as Mapcite, Thumbvista, Simpli.Fi, Swirl Networks, Inc., Apple Inc., Bluedot Innovation, Localytics, Mobinius Technologies Pvt. Ltd., and GeoMoby have profiled in the report as key players in the global Geofencing Market. While these companies strive to remain active through aggressive marketing strategies, product development and extension of development threshold, several of them are also expected to tap into the additional feature of geoconquesting, a marketing & advertising practice that uses geofencing tools to attract customers in the vicinity of the competition.

Sample With Latest Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=33449

Apropos the key findings from the report, the global geofencing market is anticipated to soar robustly at a CAGR of 30.0%, and rake over US$ 2 billion in revenues by the end of the forecast period, 2017-2022. During this period, the demand for geofencing is anticipated to remain concentered in the North American region. While North America is anticipated to represent the largest market for geofencing, regions such as Europe and APEJ are also expected to showcase promising growth in terms of adoption.

Benefits of virtual perimeters that can trigger response when a mobile device enters the girded geographical area and send real-time messages automatically are being actively considered by end-users across the globe. Geofencing, the process for executing this, is emerging as an effective tool built on robust and advanced technologies such as GPS and RFID. According to Transparency Market Research’s latest report, the global geofencing market will continue to witness active participation of tech players who focusing on extending their capabilities in development of effective geofencing solutions.

Browse Our Press Releases For More Information @ https://www.transparencymarketresearch.com/pressrelease/geofencing-market.htm

Companies such as Mapcite, Thumbvista, Simpli.Fi, Swirl Networks, Inc., Apple Inc., Bluedot Innovation, Localytics, Mobinius Technologies Pvt. Ltd., and GeoMoby have profiled in the report as key players in the global geofencing market. While these companies strive to remain active through aggressive marketing strategies, product development and extension of development threshold, several of them are also expected to tap into the additional feature of geoconquesting, a marketing & advertising practice that uses geofencing tools to attract customers in the vicinity of the competition.

Apropos the key findings from the report, the global geofencing market is anticipated to soar robustly at a CAGR of 30.0%, and rake over US$ 2 billion in revenues by the end of the forecast period, 2017-2022. During this period, the demand for geofencing is anticipated to remain concentered in the North American region. While North America is anticipated to represent the largest market for geofencing, regions such as Europe and APEJ are also expected to showcase promising growth in terms of adoption.

View Report @ https://www.transparencymarketresearch.com/geofencing-market.html

End-use of Geofencing in Transportation & Logistics to remain Predominant

On the basis of end-use industries, geofencing continues to be predominantly used in transportation and logistics operations. Efficiency of real-time fleet tracking and fleet management operations are enhanced by incorporating geofencing software applications and RFID tags on trucks and containers. In 2017, close to half of the revenues procured in the global geofencing market are anticipated to arise from their end-use in the transportation & logistics industry. By the end of 2022, these revenues are expected to exceed US$ 1 billion. The report also projects promising end-use of geofencing in the retail industry, particularly owing to their impact in triggering customer engagement. On the other hand, aerospace & defense and healthcare industries are likely to showcase close-matched shares on global revenues over the forecast period.

Cellular Networks and Software Applications: Promising Segments

The report has further segmented the global geofencing market on the basis of network and components. Robust infrastructure facilitated by cellular networks is observed to drive their use in the global geofencing market through 2022. Unlike unlicensed low power technology networks, cellular networks are enabling effective execution of geofencing operations. By 2022, over US$ 1.5 billion worth of global revenues are likely to be amassed from executing geofencing operations through cellular networks.

Software applications are recognized as the top-selling geofencing components in the global market. Over the next five years, geofencing software applications will remain in great demand, as they will enable the access to this tool across all individual customers. By 2017-end, the global geofencing market is estimated to witness close to 60% revenue share from software applications components. RFID tags are also observed to incur surplus demand in the upcoming years. The report expects that between 2017 and 2022, RFID tags will create an absolute dollar opportunity of more than US$ 400 million.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

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 Geofencing Market: Industry Analysis And Detailed Profiles Of Top Industry Players here

News-ID: 803960 • Views: 285

More Releases from Transparency Market Research

Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the

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 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 - Moderate Penetration in Unlicensed Low Power Technology Netw …
The global geofencing market is seeing active participation of tech companies keen upon creating cutting-edge solutions to address different needs of end users. Some such keen players that have made a mark in the competitive landscape are Apple Inc., Thumbvista, Mapcite, Swirl Networks, Inc., Simpli.Fi, Localytics, Mobinius Technologies Pvt. Ltd., GeoMoby, and Bluedot Innovation. Apart from product development and aggressive marketing strategies, such key players in the global market for geofencing
Geofencing Market: Set for Rapid Growth and Trend by 2025
Geofencing is a virtual fencing created around the desired boundary locations of a land. Geofencing primarily consists of the software programs which are executed using the data gathered from the GPS (Global Positioning Systems) or the RFID (Radio Frequency Identification). The data includes the location details as per the geographic parameters of the person’s equipment. The primary factor responsible for the increasing popularity of the Geo-fencing is that it allows
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