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Geofencing Market Share

  • Report ID: GMI222
  • Published Date: Jan 2018
  • Report Format: PDF

Geofencing Market Share

Companies operating in the business are involved in expanding the capabilities of their solutions with enhanced accuracy and integration functionalities. With aggressive promotion and marketing strategies, these players are developing solutions for a diverse set of customer segments for promotion, asset tracking, workforce management and fleet monitoring applications.
 

Some of the players operating in the geofencing market are:

  • Google
  • Apple
  • Bluedot innovation
  • Thumbvista
  • Esri
  • Embitel
  • Simplifi.fi
  • Gimbal
  • Mapcite
  • UpSnap
  • Placecast
  • Swirl Networks
  • GeoMoby
  • Localytics
  • Urban Airship
  • Pulsate
  • PlotProjects
  • Radar Labs
  • DreamOrbit.
Authors: Suraj Gujar, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of geofencing was USD 200 million in 2016.

The industry share of geofencing is projected to witness more than 28% growth rate during 2017 to 2024.

Geofencing will witness considerable adoption across the transport and logistics applications, as well as in the retail sector for taking advantage of proximity-based marketing and promotional activities.

Mobile geofencing is gaining momentum among enterprises as the technology enables the collection of situational data which can be converted into actionable insights for effective retargeting campaigns.

GPS vehicle tracking strengthens the safety of the vehicles and other valuable assets, while allowing fleet managers to monitor real-time locations using portable devices like smartphones.

Managed services offered by geofencing providers will record significant demand owing to fast adoption of cloud computing and the need for efficient management of cloud-based deployment.

Geofencing Market Scope

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Premium Report Details

  • Base Year: 2016
  • Companies covered: 20
  • Tables & Figures: 1379
  • Countries covered: 20
  • Pages: 450
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