A complete analysis of the Geofencing market is been done in this intelligence report. It includes the investigations done of the past progress, present ongoing market scenarios and future prospects. In this particular market report an accurate data of the products, strategies and market shares of leading companies are mentioned clearly.
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Our analysts forecast the Global Geofencing Market to grow at a CAGR of more than 27% over the period 2018-2023.
The geofencing market growth is attributed to the popularity of mobility trend leading to extensive proliferation of mobile devices such as smartphones and tablets, along with rising demand for proximity marketing solutions. The utility of mobile devices is widening as they are consolidating their role as central medium to reach an ever-expanding portfolio of applications and services.
With the growing popularity of AR and beacon technologies, geofencing is being integrated with them to effectively improve proximity marketing campaigns.
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These technologies are also being leveraged to improve gaming experience of gamers by integrating location-based capabilities with app-based games for mobile devices.
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The prime factor responsible for the growth of the Geofencing market is increasing technological advancements in maintaining the security and safety majors for the organizations and also part of the geographies. Also, the constant technological advancements going on in the cloud computing applications, Global Navigation Satellite System (GNSS), and the wireless technologies which are supporting the Location-Based Services (LBS), Global Positioning System (GPS), are contributing significantly in driving the demand for the geofencing.
The other rare and indirect applications of the geo-fencing such as it is virtual perimeter which can be used by the malls or other profit-making organization to attract the customers who are present within their geo fencing boundaries by sending them notifications on their mobile devices. This is one of the emerging parameter driving the demand for geo-fencing in the different industry verticals.
Key Players: Simpli.fi, Embitel, Thumbvista, Pulsate, Mobinius Technologies, Esri, Bluedot Innovation, GeoMoby, GPSWOX, Apple, Localytics, Swirl Networks, DreamOrbit, Factual, InVisage, LocationSmart, MAPCITE, Maven Systems, MobiOcean, Nisos Technologies, Urban Airship, Plot Projects, Raveon Technologies, SuccorfishM2M.
North America, Europe, China, Japan, Southeast Asia, India.
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In the direction of ensuring that the data gathered is consistent, sources of information used are declared as genuine and legal. The sources include twelve-monthly reports on the Geofencing market, management reports, international news, and business credit reports.
Similarly there were conferences held with the customers, market specialists and so forth. Perceptions from them were important in classifying and understanding the inner workings of the Global Geofencing Market.
In addition, market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most talented or commercial areas for investments. The report also provides a detailed synopsis of the competitive scenario, wherein complete business profiles of some of the prime companies in the Geofencing market are included.
The intensity of rivalry in the market, threat of new players, entry obstacles for new competitive, and areas of development based on earlier data about popular approaches observed in the past few years are also inspected in detail.
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Table of Contents
Global Geofencing Market Research Report
Chapter 1 Global Geofencing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Geofencing Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
With all the gathered data analyzed using SWOT analysis, there is a clear understanding of the economic landscape of the Geofencing market. Prospective for the markets growth was uncovered and out-of-the-way economical threats also became apparent.
Likewise, the research study provides the earlier demonstration of this market along with the prediction facts with the help of tables, graphs, charts, and infographics.
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