An international GEOFENCING market report is a window to the ABC industry which explains what market definition, classifications, applications, engagements and market trends are. This market report delivers comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market. The report also recognizes and analyses the rising trends along with major drivers, challenges and opportunities in the market. This market research report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. GEOFENCING report helps gain an extreme sense of evolving industry movements before competitors.

Nowadays, businesses get highly benefited with the different segments covered in the market research report which provides better market insights to them with which they can drive the business into the right direction. The universal GEOFENCING market analysis report serves a lot for the business and gives solution for the toughest business questions. Market drivers and market restraints help businesses to get idea about the production strategy. The report helps strengthen organization and make better decisions for driving business on the right track. With the use of integrated approaches and latest technology for the best results GEOFENCING report has been generated.

Surge in the rate of penetration of internet especially in the developing economies, growing focus on improving organizational performance and operational efficiency and rising adoption of cloud services by the small and medium scale enterprises are the major factors attributable to the growth of the geofencing market. Data Bridge Market Research analyses that the geofencing market will exhibit a CAGR of 27.40% for the forecast period of 2022-2029.  Therefore, the geofencing market value would stand tall by USD 12667.46 million by 2029.

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Driver:

Rising deployment by the defense industry for applications such as marine defense, drone management, air force defense, military vehicle management, law enforcement, and geographic event alerts will emerge as the major market growth driving factor. Surging demand for telematics, human resources, and child location services, growing number of small and medium scale enterprises especially in the developing economies, rising demand and need for the security and reliability by the various industry verticals and strengthening IT industry in developing economies such as India and China will further aggravate the growth of the market. Rising deployment of cloud services and growth in the demand from banking, financial services, and insurance (BFSI) are some other factors bolstering the growth of the market.

However, lack of skilled workforce and technological expertise in underdeveloped and developing economies will act as a growth restraint for the market. Also, limitation of radius in low coverage areas and device capacity and battery drainage issues will yet again hamper the market growth rate. Lack of strong infrastructural facilities in the backward economies and high costs related to implementation and maintenance will also derail the market growth rate.

Some key players mentioned in the report are:

Thumbvista, Simpli.fi, Esri, GeoMoby, Apple, Inc., Pulsate LTD., MAPCITE, Swirl Networks, Bluedot, Mobinius, GPSWOX, Char Software, Inc., DreamOrbit, Embitel., Invisage Creative Services, LocationSmart, Maven Systems Pvt. Ltd., MobiOcean., Nisos Technologies and PlotProjects B.V., among others.

Key Insights that Study is going to provide:

·        The 360-degree Geofencing overview based on a global and regional level

·        Market Share & Sales Revenue by Key Players & Emerging Regional Players

·        A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]

·        May vary depending upon availability and feasibility of data with respect to Industry targeted

·        Patent Analysis** No of patents / Trademark filed in recent years.

·        A complete and useful guide for new market aspirants

·        Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations

·        Various Geofencing industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

Key Market Segmentation:

Thumbvista, Simpli.fi, Esri, GeoMoby, Apple, Inc., Pulsate LTD., MAPCITE, Swirl Networks, Bluedot, Mobinius, GPSWOX, Char Software, Inc., DreamOrbit, Embitel., Invisage Creative Services, LocationSmart, Maven Systems Pvt. Ltd., MobiOcean., Nisos Technologies and PlotProjects B.V., among others.

The countries covered in the Global Geofencing Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Key leading countries

Vendor Landscape

Vendor Analysis

Appendix

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