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Global Geofencing Market Growth (Status and Outlook) 2023-2029

March 2023 | 85 pages | ID: G277F40A472EN
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A geo-fence is a virtual perimeter for a real-world geographic area. A geo-fence could be dynamically generated—as in a radius around a point location, or a geo-fence can be a predefined set of boundaries (such as school zones or neighborhood boundaries). The use of a geo-fence is called geofencing, and one example of usage involves a location-aware device of a location-based service (LBS) user entering or exiting a geo-fence. This activity could trigger an alert to the device's user as well as messaging to the geo-fence operator. This info, which could contain the location of the device, could be sent to a mobile telephone or an email account.

LPI (LP Information)' newest research report, the “Geofencing Industry Forecast” looks at past sales and reviews total world Geofencing sales in 2022, providing a comprehensive analysis by region and market sector of projected Geofencing sales for 2023 through 2029. With Geofencing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Geofencing industry.

This Insight Report provides a comprehensive analysis of the global Geofencing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Geofencing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Geofencing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Geofencing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Geofencing.

The global Geofencing market size is projected to grow from US$ 732.7 million in 2022 to US$ 3144.7 million in 2029; it is expected to grow at a CAGR of 23.1% from 2023 to 2029.

United States market for Geofencing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Geofencing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Geofencing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Geofencing players cover Esri, Apple, Thumbvista, Localytics and Simpli.fi, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Geofencing market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
  • Fixed Geofencing
  • Mobile Geofencing
Segmentation by application
  • Healthcare
  • Retail
  • Defense and Military
  • Industrial Manufacturing
  • Transportation and Logistics
  • Others
This report also splits the market by region:
  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
    • GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
  • Esri
  • Apple
  • Thumbvista
  • Localytics
  • Simpli.fi
1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Geofencing Market Size 2018-2029
  2.1.2 Geofencing Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Geofencing Segment by Type
  2.2.1 Fixed Geofencing
  2.2.2 Mobile Geofencing
2.3 Geofencing Market Size by Type
  2.3.1 Geofencing Market Size CAGR by Type (2018 VS 2022 VS 2029)
  2.3.2 Global Geofencing Market Size Market Share by Type (2018-2023)
2.4 Geofencing Segment by Application
  2.4.1 Healthcare
  2.4.2 Retail
  2.4.3 Defense and Military
  2.4.4 Industrial Manufacturing
  2.4.5 Transportation and Logistics
  2.4.6 Others
2.5 Geofencing Market Size by Application
  2.5.1 Geofencing Market Size CAGR by Application (2018 VS 2022 VS 2029)
  2.5.2 Global Geofencing Market Size Market Share by Application (2018-2023)

3 GEOFENCING MARKET SIZE BY PLAYER

3.1 Geofencing Market Size Market Share by Players
  3.1.1 Global Geofencing Revenue by Players (2018-2023)
  3.1.2 Global Geofencing Revenue Market Share by Players (2018-2023)
3.2 Global Geofencing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
  3.3.1 Competition Landscape Analysis
  3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 GEOFENCING BY REGIONS

4.1 Geofencing Market Size by Regions (2018-2023)
4.2 Americas Geofencing Market Size Growth (2018-2023)
4.3 APAC Geofencing Market Size Growth (2018-2023)
4.4 Europe Geofencing Market Size Growth (2018-2023)
4.5 Middle East & Africa Geofencing Market Size Growth (2018-2023)

5 AMERICAS

5.1 Americas Geofencing Market Size by Country (2018-2023)
5.2 Americas Geofencing Market Size by Type (2018-2023)
5.3 Americas Geofencing Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Geofencing Market Size by Region (2018-2023)
6.2 APAC Geofencing Market Size by Type (2018-2023)
6.3 APAC Geofencing Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia

7 EUROPE

7.1 Europe Geofencing by Country (2018-2023)
7.2 Europe Geofencing Market Size by Type (2018-2023)
7.3 Europe Geofencing Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Geofencing by Region (2018-2023)
8.2 Middle East & Africa Geofencing Market Size by Type (2018-2023)
8.3 Middle East & Africa Geofencing Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 GLOBAL GEOFENCING MARKET FORECAST

10.1 Global Geofencing Forecast by Regions (2024-2029)
  10.1.1 Global Geofencing Forecast by Regions (2024-2029)
  10.1.2 Americas Geofencing Forecast
  10.1.3 APAC Geofencing Forecast
  10.1.4 Europe Geofencing Forecast
  10.1.5 Middle East & Africa Geofencing Forecast
10.2 Americas Geofencing Forecast by Country (2024-2029)
  10.2.1 United States Geofencing Market Forecast
  10.2.2 Canada Geofencing Market Forecast
  10.2.3 Mexico Geofencing Market Forecast
  10.2.4 Brazil Geofencing Market Forecast
10.3 APAC Geofencing Forecast by Region (2024-2029)
  10.3.1 China Geofencing Market Forecast
  10.3.2 Japan Geofencing Market Forecast
  10.3.3 Korea Geofencing Market Forecast
  10.3.4 Southeast Asia Geofencing Market Forecast
  10.3.5 India Geofencing Market Forecast
  10.3.6 Australia Geofencing Market Forecast
10.4 Europe Geofencing Forecast by Country (2024-2029)
  10.4.1 Germany Geofencing Market Forecast
  10.4.2 France Geofencing Market Forecast
  10.4.3 UK Geofencing Market Forecast
  10.4.4 Italy Geofencing Market Forecast
  10.4.5 Russia Geofencing Market Forecast
10.5 Middle East & Africa Geofencing Forecast by Region (2024-2029)
  10.5.1 Egypt Geofencing Market Forecast
  10.5.2 South Africa Geofencing Market Forecast
  10.5.3 Israel Geofencing Market Forecast
  10.5.4 Turkey Geofencing Market Forecast
  10.5.5 GCC Countries Geofencing Market Forecast
10.6 Global Geofencing Forecast by Type (2024-2029)
10.7 Global Geofencing Forecast by Application (2024-2029)

11 KEY PLAYERS ANALYSIS

11.1 Esri
  11.1.1 Esri Company Information
  11.1.2 Esri Geofencing Product Offered
  11.1.3 Esri Geofencing Revenue, Gross Margin and Market Share (2018-2023)
  11.1.4 Esri Main Business Overview
  11.1.5 Esri Latest Developments
11.2 Apple
  11.2.1 Apple Company Information
  11.2.2 Apple Geofencing Product Offered
  11.2.3 Apple Geofencing Revenue, Gross Margin and Market Share (2018-2023)
  11.2.4 Apple Main Business Overview
  11.2.5 Apple Latest Developments
11.3 Thumbvista
  11.3.1 Thumbvista Company Information
  11.3.2 Thumbvista Geofencing Product Offered
  11.3.3 Thumbvista Geofencing Revenue, Gross Margin and Market Share (2018-2023)
  11.3.4 Thumbvista Main Business Overview
  11.3.5 Thumbvista Latest Developments
11.4 Localytics
  11.4.1 Localytics Company Information
  11.4.2 Localytics Geofencing Product Offered
  11.4.3 Localytics Geofencing Revenue, Gross Margin and Market Share (2018-2023)
  11.4.4 Localytics Main Business Overview
  11.4.5 Localytics Latest Developments
11.5 Simpli.fi
  11.5.1 Simpli.fi Company Information
  11.5.2 Simpli.fi Geofencing Product Offered
  11.5.3 Simpli.fi Geofencing Revenue, Gross Margin and Market Share (2018-2023)
  11.5.4 Simpli.fi Main Business Overview
  11.5.5 Simpli.fi Latest Developments

12 RESEARCH FINDINGS AND CONCLUSION
LIST OF TABLES

Table 1. Geofencing Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
Table 2. Major Players of Fixed Geofencing
Table 3. Major Players of Mobile Geofencing
Table 4. Geofencing Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
Table 5. Global Geofencing Market Size by Type (2018-2023) & ($ Millions)
Table 6. Global Geofencing Market Size Market Share by Type (2018-2023)
Table 7. Geofencing Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
Table 8. Global Geofencing Market Size by Application (2018-2023) & ($ Millions)
Table 9. Global Geofencing Market Size Market Share by Application (2018-2023)
Table 10. Global Geofencing Revenue by Players (2018-2023) & ($ Millions)
Table 11. Global Geofencing Revenue Market Share by Player (2018-2023)
Table 12. Geofencing Key Players Head office and Products Offered
Table 13. Geofencing Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
Table 14. New Products and Potential Entrants
Table 15. Mergers & Acquisitions, Expansion
Table 16. Global Geofencing Market Size by Regions 2018-2023 & ($ Millions)
Table 17. Global Geofencing Market Size Market Share by Regions (2018-2023)
Table 18. Global Geofencing Revenue by Country/Region (2018-2023) & ($ millions)
Table 19. Global Geofencing Revenue Market Share by Country/Region (2018-2023)
Table 20. Americas Geofencing Market Size by Country (2018-2023) & ($ Millions)
Table 21. Americas Geofencing Market Size Market Share by Country (2018-2023)
Table 22. Americas Geofencing Market Size by Type (2018-2023) & ($ Millions)
Table 23. Americas Geofencing Market Size Market Share by Type (2018-2023)
Table 24. Americas Geofencing Market Size by Application (2018-2023) & ($ Millions)
Table 25. Americas Geofencing Market Size Market Share by Application (2018-2023)
Table 26. APAC Geofencing Market Size by Region (2018-2023) & ($ Millions)
Table 27. APAC Geofencing Market Size Market Share by Region (2018-2023)
Table 28. APAC Geofencing Market Size by Type (2018-2023) & ($ Millions)
Table 29. APAC Geofencing Market Size Market Share by Type (2018-2023)
Table 30. APAC Geofencing Market Size by Application (2018-2023) & ($ Millions)
Table 31. APAC Geofencing Market Size Market Share by Application (2018-2023)
Table 32. Europe Geofencing Market Size by Country (2018-2023) & ($ Millions)
Table 33. Europe Geofencing Market Size Market Share by Country (2018-2023)
Table 34. Europe Geofencing Market Size by Type (2018-2023) & ($ Millions)
Table 35. Europe Geofencing Market Size Market Share by Type (2018-2023)
Table 36. Europe Geofencing Market Size by Application (2018-2023) & ($ Millions)
Table 37. Europe Geofencing Market Size Market Share by Application (2018-2023)
Table 38. Middle East & Africa Geofencing Market Size by Region (2018-2023) & ($ Millions)
Table 39. Middle East & Africa Geofencing Market Size Market Share by Region (2018-2023)
Table 40. Middle East & Africa Geofencing Market Size by Type (2018-2023) & ($ Millions)
Table 41. Middle East & Africa Geofencing Market Size Market Share by Type (2018-2023)
Table 42. Middle East & Africa Geofencing Market Size by Application (2018-2023) & ($ Millions)
Table 43. Middle East & Africa Geofencing Market Size Market Share by Application (2018-2023)
Table 44. Key Market Drivers & Growth Opportunities of Geofencing
Table 45. Key Market Challenges & Risks of Geofencing
Table 46. Key Industry Trends of Geofencing
Table 47. Global Geofencing Market Size Forecast by Regions (2024-2029) & ($ Millions)
Table 48. Global Geofencing Market Size Market Share Forecast by Regions (2024-2029)
Table 49. Global Geofencing Market Size Forecast by Type (2024-2029) & ($ Millions)
Table 50. Global Geofencing Market Size Forecast by Application (2024-2029) & ($ Millions)
Table 51. Esri Details, Company Type, Geofencing Area Served and Its Competitors
Table 52. Esri Geofencing Product Offered
Table 53. Esri Geofencing Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 54. Esri Main Business
Table 55. Esri Latest Developments
Table 56. Apple Details, Company Type, Geofencing Area Served and Its Competitors
Table 57. Apple Geofencing Product Offered
Table 58. Apple Main Business
Table 59. Apple Geofencing Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 60. Apple Latest Developments
Table 61. Thumbvista Details, Company Type, Geofencing Area Served and Its Competitors
Table 62. Thumbvista Geofencing Product Offered
Table 63. Thumbvista Main Business
Table 64. Thumbvista Geofencing Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 65. Thumbvista Latest Developments
Table 66. Localytics Details, Company Type, Geofencing Area Served and Its Competitors
Table 67. Localytics Geofencing Product Offered
Table 68. Localytics Main Business
Table 69. Localytics Geofencing Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 70. Localytics Latest Developments
Table 71. Simpli.fi Details, Company Type, Geofencing Area Served and Its Competitors
Table 72. Simpli.fi Geofencing Product Offered
Table 73. Simpli.fi Main Business
Table 74. Simpli.fi Geofencing Revenue ($ million), Gross Margin and Market Share (2018-2023)
Table 75. Simpli.fi Latest Developments

LIST OF FIGURES

Figure 1. Geofencing Report Years Considered
Figure 2. Research Objectives
Figure 3. Research Methodology
Figure 4. Research Process and Data Source
Figure 5. Global Geofencing Market Size Growth Rate 2018-2029 ($ Millions)
Figure 6. Geofencing Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
Figure 7. Geofencing Sales Market Share by Country/Region (2022)
Figure 8. Geofencing Sales Market Share by Country/Region (2018, 2022 & 2029)
Figure 9. Global Geofencing Market Size Market Share by Type in 2022
Figure 10. Geofencing in Healthcare
Figure 11. Global Geofencing Market: Healthcare (2018-2023) & ($ Millions)
Figure 12. Geofencing in Retail
Figure 13. Global Geofencing Market: Retail (2018-2023) & ($ Millions)
Figure 14. Geofencing in Defense and Military
Figure 15. Global Geofencing Market: Defense and Military (2018-2023) & ($ Millions)
Figure 16. Geofencing in Industrial Manufacturing
Figure 17. Global Geofencing Market: Industrial Manufacturing (2018-2023) & ($ Millions)
Figure 18. Geofencing in Transportation and Logistics
Figure 19. Global Geofencing Market: Transportation and Logistics (2018-2023) & ($ Millions)
Figure 20. Geofencing in Others
Figure 21. Global Geofencing Market: Others (2018-2023) & ($ Millions)
Figure 22. Global Geofencing Market Size Market Share by Application in 2022
Figure 23. Global Geofencing Revenue Market Share by Player in 2022
Figure 24. Global Geofencing Market Size Market Share by Regions (2018-2023)
Figure 25. Americas Geofencing Market Size 2018-2023 ($ Millions)
Figure 26. APAC Geofencing Market Size 2018-2023 ($ Millions)
Figure 27. Europe Geofencing Market Size 2018-2023 ($ Millions)
Figure 28. Middle East & Africa Geofencing Market Size 2018-2023 ($ Millions)
Figure 29. Americas Geofencing Value Market Share by Country in 2022
Figure 30. United States Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 31. Canada Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 32. Mexico Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 33. Brazil Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 34. APAC Geofencing Market Size Market Share by Region in 2022
Figure 35. APAC Geofencing Market Size Market Share by Type in 2022
Figure 36. APAC Geofencing Market Size Market Share by Application in 2022
Figure 37. China Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 38. Japan Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 39. Korea Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 40. Southeast Asia Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 41. India Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 42. Australia Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 43. Europe Geofencing Market Size Market Share by Country in 2022
Figure 44. Europe Geofencing Market Size Market Share by Type (2018-2023)
Figure 45. Europe Geofencing Market Size Market Share by Application (2018-2023)
Figure 46. Germany Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 47. France Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 48. UK Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 49. Italy Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 50. Russia Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 51. Middle East & Africa Geofencing Market Size Market Share by Region (2018-2023)
Figure 52. Middle East & Africa Geofencing Market Size Market Share by Type (2018-2023)
Figure 53. Middle East & Africa Geofencing Market Size Market Share by Application (2018-2023)
Figure 54. Egypt Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 55. South Africa Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 56. Israel Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 57. Turkey Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 58. GCC Country Geofencing Market Size Growth 2018-2023 ($ Millions)
Figure 59. Americas Geofencing Market Size 2024-2029 ($ Millions)
Figure 60. APAC Geofencing Market Size 2024-2029 ($ Millions)
Figure 61. Europe Geofencing Market Size 2024-2029 ($ Millions)
Figure 62. Middle East & Africa Geofencing Market Size 2024-2029 ($ Millions)
Figure 63. United States Geofencing Market Size 2024-2029 ($ Millions)
Figure 64. Canada Geofencing Market Size 2024-2029 ($ Millions)
Figure 65. Mexico Geofencing Market Size 2024-2029 ($ Millions)
Figure 66. Brazil Geofencing Market Size 2024-2029 ($ Millions)
Figure 67. China Geofencing Market Size 2024-2029 ($ Millions)
Figure 68. Japan Geofencing Market Size 2024-2029 ($ Millions)
Figure 69. Korea Geofencing Market Size 2024-2029 ($ Millions)
Figure 70. Southeast Asia Geofencing Market Size 2024-2029 ($ Millions)
Figure 71. India Geofencing Market Size 2024-2029 ($ Millions)
Figure 72. Australia Geofencing Market Size 2024-2029 ($ Millions)
Figure 73. Germany Geofencing Market Size 2024-2029 ($ Millions)
Figure 74. France Geofencing Market Size 2024-2029 ($ Millions)
Figure 75. UK Geofencing Market Size 2024-2029 ($ Millions)
Figure 76. Italy Geofencing Market Size 2024-2029 ($ Millions)
Figure 77. Russia Geofencing Market Size 2024-2029 ($ Millions)
Figure 78. Spain Geofencing Market Size 2024-2029 ($ Millions)
Figure 79. Egypt Geofencing Market Size 2024-2029 ($ Millions)
Figure 80. South Africa Geofencing Market Size 2024-2029 ($ Millions)
Figure 81. Israel Geofencing Market Size 2024-2029 ($ Millions)
Figure 82. Turkey Geofencing Market Size 2024-2029 ($ Millions)
Figure 83. GCC Countries Geofencing Market Size 2024-2029 ($ Millions)
Figure 84. Global Geofencing Market Size Market Share Forecast by Type (2024-2029)
Figure 85. Global Geofencing Market Size Market Share Forecast by Application (2024-2029)


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