Global Geofencing Market Report By Service (Deployment And Integration, Support And Maintenance, Consulting And Advisory, And API Management And Testing), Product (Fixed Geofencing And Mobile Geofencing), Application (BFSI, Healthcare, Retail And Hospitality, Industrial Manufacturing, Media & Entertainment, Transportation And Logistics, Government And Defense, And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026
ID:VMR11210273
January 2020
Report Formats:

Rising adoption of wireless technologies such as GPS and location-based services is one of the factors driving the market growth. Gaining popularity of smart phones, tablets, and other mobile devices is also contributing the market growth. Geofencing offers real-time tracking and navigation of the predefined location, has expanded its application across various end-use industries. Moreover, the use of geofencing to enhance regional sales, provide personalization to customers and increase analytics & tools for metric analysis has generated its demand for mobile marketing. 

The latest report by Value Market Research expects the Global Geofencing Market to reach USD 2,748.3 million by 2025. It was valued USD 683.2 million in 2018. The report foresees a 22% CAGR from 2019 to 2025.
 
API MANAGEMENT AND TESTING DOMINATED THE SEGMENT
In 2018, API Management and Testing emerged as the leading segment by accounting major market share. API offers application access management, device data communication, and security services are driving the segment growth. In addition to this, it provides both automated and manual mobile application testing to the commercial customers, for testing native and hybrid mobile applications, is another factor pushing the segment growth.
 
FIXED GEOFENCING ACCOUNTED FOR MAJOR MARKET SHARE
By product, fixed geofencing led the segment and has grabbed the market share in 2018. Expanding application areas of static geofencing such as an advertisement, asset management, recreational services, and others are driving the segment growth.
 
TRANSPORTATION AND LOGISTICS EMERGED AS THE LEADING APPLICATION
On the basis of application, the transportation and logistics dominated the segment in 2018. Growing adoption of geofencing for managing a large-scale fleet across various geographies is driving the segment growth. In transportation and logistics, geofencing is rapidly adopted owing to excellent real-time coordination, higher security, and better planning of carrier movement and deliveries is again pushing the market growth.
 
NORTH AMERICA DOMINATED THE REGIONAL MARKET
Geographically, North America led the market in 2018. Excellent technological infrastructure with the growing adoption of smart phones, tablets and other smart mobile devices are driving the regional market growth. Increase in spending over R&D activities leading to the development of new location-based technologies is further propelling the market growth in North America.
 
PROMINENT PLAYERS OF THE MARKET
The geofencing market is booming due to the presence of players like Apple, ESRI, Geomoby, Simpli.Fi, Thumbvista, and many others.

As per this study, the Global Geofencing Market was valued USD XXX.X MN (by revenue) in 2019 and is anticipated to reach USD X,XXX.X MN by 2026 with a CAGR of XX%.
 
Geofencing can be referred to the virtual fencing that is created around the desired boundary locations of a land. Geofencing primarily composed of the software programs which are executed via using the gathering data from the GPS (Global Positioning Systems) or the RFID (Radio Frequency Identification). This data includes the location details as per the geographic parameters of the person’s mobile.
 
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.
 
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 insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Service

  • Deployment And Integration
  • Support And Maintenance
  • Consulting And Advisory
  • API Management And Testing
 
 
By product
  • Fixed Geofencing
  • Mobile Geofencing
 
 
By application
  • BFSI
  • Healthcare
  • Retail and Hospitality
  • Industrial Manufacturing
  • Media & Entertainment
  • Transportation and Logistics
  • Government and Defense
  • Others (IT and Telecom, Human Resources, Audience engagement, Telematics, etc.)
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for geofencing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Geofencing Market By Revenue (USD MN)
 

 
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.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Geofencing Market
       2.2. Global Geofencing Market Snapshot
 
3 . GEOFENCING – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Geofencing Market
       3.3. Market Restraints of Geofencing Market
       3.4. Opportunities of Geofencing Market
       3.5. Trends of Geofencing Market
       3.6. Porter’s Five Force Analysis of Geofencing Market
       3.7. Geofencing Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Service
           3.7.2 Market Attractive Analysis by product
           3.7.3 Market Attractive Analysis by application
           3.7.4 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Geofencing Value Chain Analysis
       4.2. Geofencing Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Geofencing Raw Material Manufactures List
           4.2.3. Price Trend of Geofencing Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . GLOBAL GEOFENCING MARKET ANALYSIS BY SERVICE
       5.1 Overview by Service
       5.2 Global Geofencing Market Analysis by Service
       5.3 Market Analysis of Deployment And Integration by Regions
       5.4 Market Analysis of Support And Maintenance by Regions
       5.5 Market Analysis of Consulting And Advisory by Regions
       5.6 Market Analysis of API Management And Testing by Regions
 
6 . GLOBAL GEOFENCING MARKET ANALYSIS BY PRODUCT
       6.1 Overview by product
       6.2 Global Geofencing Market Analysis by product
       6.3 Market Analysis of Fixed Geofencing by Regions
       6.4 Market Analysis of Mobile Geofencing by Regions
 
7 . GLOBAL GEOFENCING MARKET ANALYSIS BY APPLICATION
       7.1 Overview by application
       7.2 Global Geofencing Market Analysis by application
       7.3 Market Analysis of BFSI by Regions
       7.4 Market Analysis of Healthcare by Regions
       7.5 Market Analysis of Retail and Hospitality by Regions
       7.6 Market Analysis of Industrial Manufacturing by Regions
       7.7 Market Analysis of Media & Entertainment by Regions
       7.8 Market Analysis of Transportation and Logistics by Regions
       7.9 Market Analysis of Government and Defense by Regions
       7.10. Market Analysis of Others (IT and Telecom, Human Resources, Audience engagement, Telematics, etc.) by Regions
 
8 . GLOBAL GEOFENCING MARKET ANALYSIS BY GEOGRAPHY
       8.1. Regional Outlook
       8.2. Introduction
       8.3. North America
           8.3.1. Overview
           8.3.2. North America Geofencing Market Estimate by Country
           8.3.3. United State
           8.3.4. Rest of North America
       8.4. Europe
           8.4.1. Overview
           8.4.2. Europe Geofencing Market Estimate by Market Segment
           8.4.3. Europe Geofencing Market Estimate by Country
           8.4.4. United Kingdom
           8.4.5. France
           8.4.6. Germany
           8.4.7 Rest of Europe
       8.5. Asia Pacific
           8.5.1. Overview
           8.5.2. Asia Pacific Geofencing Market Estimate by Market Segment
           8.5.3. Asia Pacific Geofencing Market Estimate by Country
           8.5.4. China
           8.5.5. Japan
           8.5.6. India
           8.5.7. Rest of Asia Pacific
       8.6. Latin America
           8.6.1. Overview
           8.6.2. Latin America Geofencing Market Estimate by Market Segment
           8.6.3. Latin America Geofencing Market Estimate by Country
           8.6.4. Brazil
           8.6.5. Rest of Latin America
       8.7. Middle East & Africa
           8.7.1. Overview
           8.7.2. Middle East & Africa Geofencing Market Estimate by Market Segment
           8.7.3. Middle East & Africa Geofencing Market Estimate by Country
           8.7.4. Middle East
           8.7.5. Africa
 
9 . COMPETITIVE LANDSCAPE OF THE GEOFENCING COMPANIES
       9.1. Geofencing Market Competition
       9.2. Partnership/Collaboration/Agreement
       9.3. Merger And Acquisitions
       9.4. New Product Launch
       9.5. Other Developments
 
10 . COMPANY PROFILES OF GEOFENCING INDUSTRY
       10.1. Company Share Analysis
       10.2. Market Concentration Rate
       10.3. Apple
           10.3.1. Company Overview
           10.3.2. Financials
           10.3.3. Products
           10.3.4. Recent Developments
       10.4. ESRI
           10.4.1. Company Overview
           10.4.2. Financials
           10.4.3. Products
           10.4.4. Recent Developments
       10.5. Geomoby
           10.5.1. Company Overview
           10.5.2. Financials
           10.5.3. Products
           10.5.4. Recent Developments
       10.6. Simpli.Fi
           10.6.1. Company Overview
           10.6.2. Financials
           10.6.3. Products
           10.6.4. Recent Developments
       10.7. Thumbvista
           10.7.1. Company Overview
           10.7.2. Financials
           10.7.3. Products
           10.7.4. Recent Developments
       10.8. Others
           10.8.1. Company Overview
           10.8.2. Financials
           10.8.3. Products
           10.8.4. Recent Developments
 
11.  IMPACT ANALYSIS OF COVID-19 OUTBREAK
       11.1. Impact Analysis of Covid-19 Outbreak on the Market
           11.1.1. Direct Impact on Production
           11.1.2. Supply Chain and Market Disruption
           11.1.3. Financial Impact on Firms and Financial Markets
       11.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       11.3. Pre V/S Post COVID-19 Market
       11.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
       11.5. COVID-19: Micro and Macro Factor Analysis on the Market
    
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Global Market Snapshot
  • Drivers of the Global Market Impact Analysis
  • Restraints of the Global Market Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers 
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19 Market
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Market Size In 2020, By Scenario
  • COVID-19: Micro and Macro Factor Analysis on the Market
  • Global Geofencing Market Analysis by Service (USD MN)
  • Global Geofencing Market Analysis in Deployment And Integration by Geography (USD MN)
  • Global Geofencing Market Analysis in Support And Maintenance by Geography (USD MN)
  • Global Geofencing Market Analysis in Consulting And Advisory by Geography (USD MN)
  • Global Geofencing Market Analysis in API Management And Testing by Geography (USD MN)
  • Global Geofencing Market Analysis by product (USD MN)
  • Global Geofencing Market Analysis in Fixed Geofencing by Geography (USD MN)
  • Global Geofencing Market Analysis in Mobile Geofencing by Geography (USD MN)
  • Global Geofencing Market Analysis by application (USD MN)
  • Global Geofencing Market Analysis in BFSI by Geography (USD MN)
  • Global Geofencing Market Analysis in Healthcare by Geography (USD MN)
  • Global Geofencing Market Analysis in Retail and Hospitality by Geography (USD MN)
  • Global Geofencing Market Analysis in Industrial Manufacturing by Geography (USD MN)
  • Global Geofencing Market Analysis in Media & Entertainment by Geography (USD MN)
  • Global Geofencing Market Analysis in Transportation and Logistics by Geography (USD MN)
  • Global Geofencing Market Analysis in Government and Defense by Geography (USD MN)
  • Global Geofencing Market Analysis in Others (IT and Telecom, Human Resources, Audience engagement, Telematics, etc.) by Geography (USD MN)
  • Global Geofencing Market by Geography (USD MN)
  • North America Geofencing Market Analysis by Service (USD MN)
  • North America Geofencing Market Estimate by product (USD MN)
  • North America Geofencing Market Estimate by application (USD MN)
  • North America Geofencing Market Estimate by Country (USD MN)
  • United State Geofencing Market Analysis by Service (USD MN)
  • United State Geofencing Market Estimate by product (USD MN)
  • United State Geofencing Market Analysis by application (USD MN)
  • Rest of North America Geofencing Market Analysis by Service (USD MN)
  • Rest of North America Geofencing Market Estimate by product (USD MN)
  • Rest of North America Geofencing Market Estimate by application(USD MN)
  • Europe Geofencing Market Analysis by Service (USD MN)
  • Europe Geofencing Market Estimate by product (USD MN)
  • Europe Geofencing Market Estimate by application (USD MN)
  • United Kingdom Geofencing Market Analysis by Service (USD MN)
  • United Kingdom Geofencing Market Estimate by product (USD MN)
  • United Kingdom Geofencing Market Estimate by application (USD MN)
  • France Geofencing Market Analysis by Service (USD MN)
  • France Geofencing Market Estimate by product (USD MN)
  • France Geofencing Market Estimate by application (USD MN)
  • Germany Geofencing Market Analysis by Service (USD MN)
  • Germany Geofencing Market Estimate by product (USD MN)
  • Germany Geofencing Market Estimate by application (USD MN)
  • Rest of Europe Geofencing Market Analysis by Service (USD MN)
  • Rest of Europe Geofencing Market Estimate by product (USD MN)
  • Rest of Europe Geofencing Market Estimate by application (USD MN)
  • Asia Pacific Geofencing Market Analysis by Service (USD MN)
  • Asia Pacific Geofencing Market Estimate by product (USD MN)
  • Asia Pacific Geofencing Market Estimate by application (USD MN)
  • Asia Pacific Geofencing Market Estimate by Country (USD MN)
  • China Geofencing Market Analysis by Service (USD MN)
  • China Geofencing Market Estimate by product (USD MN)
  • China Geofencing Market Estimate by application (USD MN)
  • Japan Geofencing Market Analysis by Service (USD MN)
  • Japan Geofencing Market Estimate by product (USD MN)
  • Japan Geofencing Market Estimate by application (USD MN)
  • India Geofencing Market Analysis by Service (USD MN)
  • India Geofencing Market Estimate by product (USD MN)
  • India Geofencing Market Estimate by application (USD MN)
  • Rest of Asia Pacific Geofencing Market Analysis by Service (USD MN)
  • Rest of Asia Pacific Geofencing Market Estimate by product (USD MN)
  • Rest of Asia Pacific Geofencing Market Estimate by application (USD MN)
  • Latin America Geofencing Market Analysis by Service (USD MN)
  • Latin America Geofencing Market Estimate by product (USD MN)
  • Latin America Geofencing Market Estimate by application (USD MN)
  • Latin America Geofencing Market Estimate by Country (USD MN)
  • Brazil Geofencing Market Analysis by Service (USD MN)
  • Brazil Geofencing Market Estimate by product (USD MN)
  • Brazil Geofencing Market Estimate by application (USD MN)
  • Rest of Latin America Geofencing Market Analysis by Service (USD MN)
  • Rest of Latin America Geofencing Market Estimate by product (USD MN)
  • Rest of Latin America Geofencing Market Estimate by application (USD MN)
  • Middle East & Africa Geofencing Market Analysis by Service (USD MN)
  • Middle East & Africa Geofencing Market Estimate by product (USD MN)
  • Middle East & Africa Geofencing Market Estimate by application (USD MN)
  • Middle East & Africa Geofencing Market Estimate by Country (USD MN)
  • Middle East Geofencing Market Analysis by Service (USD MN)
  • Middle East Geofencing Market Estimate by product (USD MN)
  • Middle East Geofencing Market Estimate by application (USD MN)
  • Africa Geofencing Market Analysis by Service (USD MN)
  • Africa Geofencing Market Estimate by product (USD MN)
  • Africa Geofencing Market Estimate by application (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
  • New Product Launch
  • Other Developments
  • Company Market Share Analysis, 2019
 
 LIST OF FIGURES
 
  •  Research Scope of Geofencing Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Geofencing Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Service
  •  Market Attractiveness Analysis by product
  •  Market Attractiveness Analysis by application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Geofencing Market Analysis by Service (USD MN)
  •  Global Geofencing Market Analysis in Deployment And Integration by Geography (USD MN)
  •  Global Geofencing Market Analysis in Support And Maintenance by Geography (USD MN)
  •  Global Geofencing Market Analysis in Consulting And Advisory by Geography (USD MN)
  •  Global Geofencing Market Analysis in API Management And Testing by Geography (USD MN)
  •  Global Geofencing Market Analysis by product (USD MN)
  •  Global Geofencing Market Analysis in Fixed Geofencing by Geography (USD MN)
  •  Global Geofencing Market Analysis in Mobile Geofencing by Geography (USD MN)
  •  Global Geofencing Market Analysis by application (USD MN)
  •  Global Geofencing Market Analysis in BFSI by Geography (USD MN)
  •  Global Geofencing Market Analysis in Healthcare by Geography (USD MN)
  •  Global Geofencing Market Analysis in Retail and Hospitality by Geography (USD MN)
  •  Global Geofencing Market Analysis in Industrial Manufacturing by Geography (USD MN)
  •  Global Geofencing Market Analysis in Media & Entertainment by Geography (USD MN)
  •  Global Geofencing Market Analysis in Transportation and Logistics by Geography (USD MN)
  •  Global Geofencing Market Analysis in Government and Defense by Geography (USD MN)
  •  Global Geofencing Market Analysis in Others (IT and Telecom, Human Resources, Audience engagement, Telematics, etc.) by Geography (USD MN)
  •  Latin America Geofencing Market by Revenue
  •  Middle East & Africa Geofencing Market by Revenue
  •  Recent Development in Geofencing Industry
  •  Company Market Share Analysis, 2019
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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