Geofencing Market Research Report- Global Forecast 2023

Geofencing Market Research Report- Global Forecast 2023

ID: MRFR/ICT/3076-HCRR | September, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Geofencing Market, By Component (Solution, Services), By Geofencing Type (Fixed, Mobile), By Organization Size (SMEs, Large Enterprises), By Vertical (BFSI, Healthcare, Manufacturing, Retail, Media & Entertainment) - Forecast 2023


Market Synopsis of Geofencing Market:
Market Scenario:
Major giants like Apple, Thumbvista, Pulsate, and Bluedot Innovation are investing into the geofencing market due to increasing demand for geofencing solutions across various industry verticals. Increasing demand for location based applications among consumers is one major factor driving the growth of geofencing market. Rise in the use of spatial data and analytical tools is another major factor fueling the growth of geofencing market. Ease of integration and deployment of geofencing solutions is driving the growth of geofencing market.


North America region holds the largest market share of global geofencing market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for analytical tools and spatial data in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies. Increasing popularity and rise in adoption of business intelligence is one major factor responsible for driving the growth of geofencing market.


Geofencing market has been segmented on the basis of component, device type, deployment, organization size and vertical. The vertical segment is further bifurcated into BFSI, healthcare, manufacturing, retail, transportation, media & entertainment, government and others. Out of which, transportation sub segment is expected to hold the largest market share whereas, government sub segment is expected to hold the second largest market share of the geofencing market during the forecast period. Government vertical applications of geofencing solutions include law enforcement, military vehicle management and others. BFSI sub segment is also expected to witness significant growth rate during the forecast period.


Geofencing can help in increasing customer interactions, accountability and profits and employee productivity too. Geofencing is a very beneficial marketing tool and hence is gaining immense popularity.


The global geofencing market is expected to grow at approx. USD 2,387 Million by 2023, at 27% of CAGR between 2017 and 2023.


 


Geofencing Market
Geofencing Market

Key Players:
The prominent players in geofencing market are – Apple, INC. (U.S.), Thumbvista (U.S.), Pulsate (U.S.), Simpli.Fi Holdings Inc. (U.S.), Esri (U.S.), Bluedot Innovation (U.S.), Geomoby (Australia), GPSWOX, Ltd. (U.S.), Localytics (U.S.), Swirl Networks Inc. (U.S.) and others.


Also, Mobinius Technologies (India), Mapcite (U.K.), DreamOrbit (India), Factual (U.S.), InVisage (U.S.), LocationSmart (U.S.), Maven Systems (India), MobiOcean (India), Nisos Technologies (U.S.), Urban Airship (US), Plot Projects (Netherlands), Raveon Technologies (U.S.), Visioglobe (France) and SuccorfishM2M (U.K.) are few other major players in the geofencing market. These companies have not been profiled in our study, but it can be taken up as a part of customization, as per client requirements.



Segments:
Geofencing market can be segmented on the basis of following:


By Component



  • Solution

  • Services


         - Deployment & Integration Services
         - Support & Integration Services
         - Consulting & Advisory Services
          - API Management & Testing Services


By Geofencing Type



  • Fixed Geofencing

  • Mobile Geofencing




By Organization Size



  • SMEs

  • Large Enterprises




By Vertical



  • BFSI

  • Healthcare

  • Manufacturing

  • Retail

  • Transportation

  • Media & Entertainment

  • Government

  • Others




Regional Analysis:
The regional analysis of geofencing market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in geofencing market in North America is attributed to technical advancements and increasing demand for business intelligence and analytical tool with a rise in demand for spatial data in that region.



Intended Audience



  • Technology Investors

  • Research/Consultancy Firms

  • Original equipment manufacturers (OEMs)

  • Government Bodies

  • Consumers

  • IT & Telecommunication Companies

  • Geofencing solution providers

  • Geofencing service providers

  • System integrators

  • Managed service providers

  • Middleware companies

  • Wireless Infrastructure Providers and Service Providers

TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

3.5 MARKET RESTRAINTS

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 GEOFENCING MARKET, BY SEGMENTS

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY COMPONENT

6.2.1.1 SOLUTION

6.2.1.2 SERVICES

6.2.1.2.1 DEPLOYMENT & INTEGRATION SERVICES

6.2.1.2.2 SUPPORT & INTEGRATION SERVICES

6.2.1.2.3 CONSULTING & ADVISORY SERVICES

6.2.1.2.4 API MANAGEMENT & TESTING SERVICES

6.2.2 BY GEOFENCING TYPE

6.2.2.1 FIXED GEOFENCING

6.2.2.2 MOBILE GEOFENCING

6.2.3 BY ORGANIZATION SIZE

6.2.3.1 SMES

6.2.3.2 LARGE ENTERPRISES

6.2.4 BY VERTICAL

6.2.4.1 BFSI

6.2.4.2 HEALTHCARE

6.2.4.3 MANUFACTURING

6.2.4.4 RETAIL

6.2.4.5 TRANSPORTATION

6.2.4.6 MEDIA & ENTERTAINMENT

6.2.4.7 GOVERNMENT

6.2.4.8 OTHERS

6.2.5 BY REGION

6.2.5.1 NORTH AMERICA

6.2.5.1.1 U.S.

6.2.5.1.2 CANADA

6.2.5.1.3 MEXICO

6.2.5.2 EUROPE

6.2.5.2.1 U.K.

6.2.5.2.2 GERMANY

6.2.5.2.3 FRANCE

6.2.5.2.4 ITALY

6.2.5.2.5 REST OF EUROPE

6.2.5.3 ASIA PACIFIC

6.2.5.3.1 CHINA

6.2.5.3.2 JAPAN

6.2.5.3.3 SOUTH KOREA

6.2.5.3.4 INDIA

6.2.5.3.5 REST OF ASIA PACIFIC

6.2.5.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 APPLE, INC. (U.S.)

7.2.2 THUMBVISTA (U.S.)

7.2.3 PULSATE (U.S.)

7.2.4 SIMPLI.FI HOLDINGS INC. (U.S.)

7.2.5 ESRI (U.S.)

7.2.6 BLUEDOT INNOVATION (U.S.)

7.2.7 GEOMOBY (AUSTRALIA)

7.2.8 GPSWOX, LTD. (U.S.)

7.2.9 LOCALYTICS (U.S.)

7.2.10 SWIRL NETWORKS INC. (U.S.)

7.2.11 OTHERS



LIST OF TABLES

TABLE 1 GEOFENCING MARKET, BY COMPONENT

TABLE 2 GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 3 GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 4 GEOFENCING MARKET, BY VERTICAL

TABLE 5 GEOFENCING MARKET, BY REGIONS

TABLE 6 NORTH AMERICA GEOFENCING MARKET, BY COMPONENT

TABLE 7 NORTH AMERICA GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 8 NORTH AMERICA GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 9 NORTH AMERICA GEOFENCING MARKET, BY VERTICAL

TABLE 10 U.S. GEOFENCING MARKET, BY COMPONENT

TABLE 11 U.S. GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 12 U.S. GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 13 U.S. GEOFENCING MARKET, BY VERTICAL

TABLE 14 CANADA GEOFENCING MARKET, BY COMPONENT

TABLE 15 CANADA GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 16 CANADA GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 17 CANADA GEOFENCING MARKET, BY VERTICAL

TABLE 18 MEXICO GEOFENCING MARKET, BY COMPONENT

TABLE 19 MEXICO GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 20 MEXICO GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 21 MEXICO GEOFENCING MARKET, BY VERTICAL

TABLE 22 EUROPE GEOFENCING MARKET, BY COMPONENT

TABLE 23 EUROPE GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 24 EUROPE GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 25 EUROPE GEOFENCING MARKET, BY VERTICAL

TABLE 26 U.K. GEOFENCING MARKET, BY COMPONENT

TABLE 27 U.K. GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 28 U.K. GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 29 U.K. GEOFENCING MARKET, BY VERTICAL

TABLE 30 GERMANY GEOFENCING MARKET, BY COMPONENT

TABLE 31 GERMANY GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 32 GERMANY GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 33 GERMANY GEOFENCING MARKET, BY VERTICAL

TABLE 34 FRANCE GEOFENCING MARKET, BY COMPONENT

TABLE 35 FRANCE GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 36 FRANCE GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 37 FRANCE GEOFENCING MARKET, BY VERTICAL

TABLE 38 ITALY GEOFENCING MARKET, BY COMPONENT

TABLE 39 ITALY GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 40 ITALY GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 41 ITALY GEOFENCING MARKET, BY VERTICAL

TABLE 42 REST OF EUROPE GEOFENCING MARKET, BY COMPONENT

TABLE 43 REST OF EUROPE GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 44 REST OF EUROPE GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 45 REST OF EUROPE GEOFENCING MARKET, BY VERTICAL

TABLE 46 ASIA PACIFIC GEOFENCING MARKET, BY COMPONENT

TABLE 47 ASIA PACIFIC GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 48 ASIA PACIFIC GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 49 ASIA PACIFIC GEOFENCING MARKET, BY VERTICAL

TABLE 50 CHINA GEOFENCING MARKET, BY COMPONENT

TABLE 51 CHINA GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 52 CHINA GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 53 CHINA GEOFENCING MARKET, BY VERTICAL

TABLE 54 JAPAN GEOFENCING MARKET, BY COMPONENT

TABLE 55 JAPAN GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 56 JAPAN GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 57 JAPAN GEOFENCING MARKET, BY VERTICAL

TABLE 58 SOUTH KOREA GEOFENCING MARKET, BY COMPONENT

TABLE 59 SOUTH KOREA GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 60 SOUTH KOREA GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 61 SOUTH KOREA GEOFENCING MARKET, BY VERTICAL

TABLE 62 INDIA GEOFENCING MARKET, BY COMPONENT

TABLE 63 INDIA GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 64 INDIA GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 65 INDIA GEOFENCING MARKET, BY VERTICAL

TABLE 66 REST OF ASIA PACIFIC GEOFENCING MARKET, BY COMPONENT

TABLE 67 REST OF ASIA PACIFIC GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 68 REST OF ASIA PACIFIC GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 69 REST OF ASIA PACIFIC GEOFENCING MARKET, BY VERTICAL

TABLE 70 REST OF THE WORLD GEOFENCING MARKET, BY COMPONENT

TABLE 71 REST OF THE WORLD GEOFENCING MARKET, BY GEOFENCING TYPE

TABLE 72 REST OF THE WORLD GEOFENCING MARKET, BY ORGANIZATION SIZE

TABLE 73 REST OF THE WORLD GEOFENCING MARKET, BY VERTICAL







LIST OF FIGURES

FIGURE 1 RESEARCH TYPE

FIGURE 2 GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 3 GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 4 GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 5 GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 6 GEOFENCING MARKET, BY REGIONS (%)

FIGURE 7 NORTH AMERICA GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 8 NORTH AMERICA GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 9 NORTH AMERICA GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 10 NORTH AMERICA GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 11 U.S. GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 12 U.S. GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 13 U.S. GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 14 U.S. GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 15 CANADA GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 16 CANADA GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 17 CANADA GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 18 CANADA GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 19 MEXICO GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 20 MEXICO GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 21 MEXICO GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 22 MEXICO GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 23 EUROPE GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 24 EUROPE GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 25 EUROPE GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 26 EUROPE GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 27 U.K. GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 28 U.K. GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 29 U.K. GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 30 U.K. GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 31 GERMANY GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 32 GERMANY GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 33 GERMANY GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 34 GERMANY GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 35 FRANCE GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 36 FRANCE GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 37 FRANCE GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 38 FRANCE GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 39 ITALY GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 40 ITALY GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 41 ITALY GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 42 ITALY GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 43 REST OF EUROPE GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 44 REST OF EUROPE GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 45 REST OF EUROPE GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 46 REST OF EUROPE GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 47 ASIA PACIFIC GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 48 ASIA PACIFIC GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 49 ASIA PACIFIC GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 50 ASIA PACIFIC GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 51 CHINA GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 52 CHINA GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 53 CHINA GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 54 CHINA GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 55 JAPAN GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 56 JAPAN GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 57 JAPAN GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 58 JAPAN GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 59 SOUTH KOREA GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 60 SOUTH KOREA GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 61 SOUTH KOREA GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 62 SOUTH KOREA GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 63 INDIA GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 64 INDIA GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 65 INDIA GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 66 INDIA GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 67 REST OF ASIA PACIFIC GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 68 REST OF ASIA PACIFIC GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 69 REST OF ASIA PACIFIC GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 70 REST OF ASIA PACIFIC GEOFENCING MARKET, BY VERTICAL (%)

FIGURE 71 REST OF THE WORLD GEOFENCING MARKET, BY COMPONENT (%)

FIGURE 72 REST OF THE WORLD GEOFENCING MARKET, BY GEOFENCING TYPE (%)

FIGURE 73 REST OF THE WORLD GEOFENCING MARKET, BY ORGANIZATION SIZE (%)

FIGURE 74 REST OF THE WORLD GEOFENCING MARKET, BY VERTICAL (%)