World Industries Research On Geofencing Market Report 2018-2025

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.
The report also covers detailed competitive landscape including company profiles of key players
operating in the global market. The key players in the geofencing market include Apple, ESRI, Geomoby,
Simpli.Fi, Thumbvista, and others. An in-depth view of the competitive outlook includes future
capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product
launches, new product developments and other developments with information in terms of H.Q.
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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.
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.
Browse Global Geofencing Market Research Report with detailed TOC at
https://www.valuemarketresearch.com/report/geofencing-market
Market Segmentation
The broad geofencing market has been sub-grouped into service, product, and application. The report
studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed