The Geofencing Market size is expected to grow at an annual average of 20% during 2021-2027. Geofencing is a virtual fencing created around a desired boundary location on the land. Geofencing consists primarily of software programs that run using data collected from Global Positioning Systems (GPS) or Radio Frequency Identification (RFID). Data includes location details based on geographic parameters of personal equipment.
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The following segmentation are covered in this report:
By Geofencing Type:
- Fixed geofencing
- Mobile geofencing
By Organization Size:
- Small and Medium-sized Enterprises (SMEs)
- Large enterprises
By Vertical:
- Transportation and logistics
- Retail
- Healthcare and life sciences
- Industrial manufacturing
- Media and entertainment
- Government and defense
- Banking, Financial Services, and Insurance (BFSI)
- Others
Company Profile
- Bluedot Innovation Pty Ltd
- Gimbal Inc.
- IBM Corporation
- Microsoft Corporation
- Radar Labs Inc.
- Google LLC
- Samsung Electronics Co.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Geofencing Market
- The market share of the global Geofencing Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Geofencing Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Geofencing Market
Scope of the report
The research study analyses the Geofencing Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Geofencing Market Report
- What was the Geofencing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of 20% Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Geofencing Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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