Geofencing is a virtual fencing created around the desired boundary locations of a land. Geofencing primarily consists of the software programs which are executed using the data gathered from the GPS (Global Positioning Systems) or the RFID (Radio Frequency Identification). The data includes the location details as per the geographic parameters of the person’s equipment. The primary factor responsible for the increasing popularity of the Geo-fencing is that it allows an ... Read more
Geofencing can be defined as a virtual boundary in the geographical area in terms of RFID and GPS which triggers the software to activate a response when a mobile device leaves or enter the area. Since many years developers are taking the assistance of hardware and software to precisely locate the data related to geography.
The global geofencing market is seeing active participation of tech companies keen upon creating cutting-edge solutions to address different needs of end users. Some such keen players that have made a mark in the competitive landscape are Apple Inc., Thumbvista, Mapcite, Swirl Networks, Inc., Simpli.Fi, Localytics, Mobinius Technologies Pvt. Ltd., GeoMoby, and Bluedot ... Read more
The global geofencing market is seeing active participation of tech companies keen upon creating cutting-edge solutions to address different needs of end users. Some such keen players that have made a mark in the competitive landscape are Apple Inc., Thumbvista, Mapcite, Swirl Networks, Inc., Simpli.Fi, Localytics, Mobinius Technologies Pvt. Ltd., GeoMoby, and Bluedot Innovation.
Multiple advanced satellites deployed around the globe have bolstered the global network for global positioning system (GPS). Through the use of robust GPS network, penetration of GPS-enabled devices, and by employing RFID technology, a new exercise of creating virtual geographic boundaries has emerged to be identified as geofencing. Geofencing software are enabling advertisers and marketing professionals target a specific customer base by triggering a response when the user’s mobile device ... Read more
Multiple advanced satellites deployed around the globe have bolstered the global network for global positioning system (GPS). Through the use of robust GPS network, penetration of GPS-enabled devices, and by employing RFID technology, a new exercise of creating virtual geographic boundaries has emerged to be identified as geofencing. Geofencing software are enabling advertisers and marketing professionals target a specific customer base by triggering a response when the user’s mobile device ... Read more
According to a new market research report” Geofencing Market by Component (Solution and Services), Geofencing Type (Fixed and Mobile), Organization Size, Vertical (Transportation & Logistics, Government & Defense, Retail, Healthcare & Life Sciences), and Region - Global Forecast to 2022", published by MarketsandMarkets™, The global geofencing market ... Read more
According to experts from TMR, the global geofencing market is expected to gain revenue worth US$2 bn by the end of 2022. Experts project this growth to occur at a meteoric CAGR of 30% during the forecast period from 2017 to 2022.
Transparency Market Research (TMR) notes that the global geofencing market is categorized by the presence of several large and small ... Read more
According to a new market research report ”Geofencing Market by Component (Solution and Services), Geofencing Type (Fixed and Mobile), Organization Size, Vertical (Transportation & Logistics, Government & Defense, Retail, Healthcare & Life Sciences), and Region - Global Forecast to 2022", published by MarketsandMarkets™, The global geofencing market ... Read more
The geofencing market is gaining traction, due to the widespread adoption of mobile phones and the increase in internet penetration across various geographies. Penetration of latest technologies, rise in the use of spatial data, increasing applications in numerous industry verticals, and higher adoption of location-based applications among consumers are some of the other factors contributing to the growth of the overall geofencing market. MarketsandMarkets forecasts the global geofencing ... Read more
The geofencing market is gaining traction, due to the widespread adoption of mobile phones and the increase in internet penetration across various geographies. Penetration of latest technologies, rise in the use of spatial data, increasing applications in numerous industry verticals, and higher adoption of location-based applications among consumers are some of the other factors contributing to the growth of the overall geofencing market. MarketsandMarkets forecasts the global geofencing ... Read more
According to experts from TMR, the global geofencing market is expected to gain revenue worth US$2 bn by the end of 2022. Experts project this growth to occur at a meteoric CAGR of 30% during the forecast period from 2017 to 2022. ... Read more
The geofencing market is gaining traction, due to the widespread adoption of mobile phones and the increase in internet penetration across various geographies. Penetration of latest technologies, rise in the use of spatial data, increasing applications in numerous industry verticals, and higher adoption of location-based applications among consumers are some of the other factors contributing to the growth of the overall geofencing market. MarketsandMarkets forecasts the global geofencing ... Read more
The report "Geofencing Market by Component (Solution and Services), Geofencing Type (Fixed and Mobile), Organization Size, Vertical (Transportation & Logistics, Government & Defense, Retail, Healthcare & Life Sciences), and Region - Global Forecast to 2022", The global geofencing market size is expected to grow from USD 542.7 Million in 2017 to USD 1,825.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 27.5%. The major factors driving the growth of the geofencing ... Read more
