Global Geofencing Market Insights and Forecast to 2028

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.

Market Analysis and Insights: Global Geofencing Market

The global Geofencing market size is projected to reach US$ 3156.2 million by 2028, from US$ 749 million in 2021, at a CAGR of 22.3% during 2022-2028.

Fully considering the economic change by this health crisis, Fixed Geofencing accounting for % of the Geofencing global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Healthcare segment is altered to an % CAGR throughout this forecast period.

China Geofencing market size is valued at US$ million in 2021, while the North America and Europe Geofencing are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Geofencing landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Geofencing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Geofencing market in terms of revenue.

Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Geofencing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Geofencing market.

Global Geofencing Scope and Market Size

Geofencing market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Geofencing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.

Fixed Geofencing

Mobile Geofencing

Healthcare

Retail

Defense and Military

Industrial Manufacturing

Transportation and Logistics

Others

Esri

Apple

Thumbvista

Localytics

Simpli.fi

North America

United States

Canada

Europe

Germany

France

UK

Italy

Russia

Nordic Countries

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Geofencing Market Size Growth Rate by Type, 2017 VS 2021 VS 2028

1.2.2 Fixed Geofencing

1.2.3 Mobile Geofencing

1.3 Market by Application

1.3.1 Global Geofencing Market Size Growth Rate by Application, 2017 VS 2021 VS 2028

1.3.2 Healthcare

1.3.3 Retail

1.3.4 Defense and Military

1.3.5 Industrial Manufacturing

1.3.6 Transportation and Logistics

1.3.7 Others

1.4 Study Objectives

1.5 Years Considered

2.1 Global Geofencing Market Perspective (2017-2028)

2.2 Geofencing Growth Trends by Region

2.2.1 Geofencing Market Size by Region: 2017 VS 2021 VS 2028

2.2.2 Geofencing Historic Market Size by Region (2017-2022)

2.2.3 Geofencing Forecasted Market Size by Region (2023-2028)

2.3 Geofencing Market Dynamics

2.3.1 Geofencing Industry Trends

2.3.2 Geofencing Market Drivers

2.3.3 Geofencing Market Challenges

2.3.4 Geofencing Market Restraints

3.1 Global Top Geofencing Players by Revenue

3.1.1 Global Top Geofencing Players by Revenue (2017-2022)

3.1.2 Global Geofencing Revenue Market Share by Players (2017-2022)

3.2 Global Geofencing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Geofencing Revenue

3.4 Global Geofencing Market Concentration Ratio

3.4.1 Global Geofencing Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Geofencing Revenue in 2021

3.5 Geofencing Key Players Head office and Area Served

3.6 Key Players Geofencing Product Solution and Service

3.7 Date of Enter into Geofencing Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Geofencing Historic Market Size by Type (2017-2022)

4.2 Global Geofencing Forecasted Market Size by Type (2023-2028)

5.1 Global Geofencing Historic Market Size by Application (2017-2022)

5.2 Global Geofencing Forecasted Market Size by Application (2023-2028)

6.1 North America Geofencing Market Size (2017-2028)

6.2 North America Geofencing Market Size by Type

6.2.1 North America Geofencing Market Size by Type (2017-2022)

6.2.2 North America Geofencing Market Size by Type (2023-2028)

6.2.3 North America Geofencing Market Share by Type (2017-2028)

6.3 North America Geofencing Market Size by Application

6.3.1 North America Geofencing Market Size by Application (2017-2022)

6.3.2 North America Geofencing Market Size by Application (2023-2028)

6.3.3 North America Geofencing Market Share by Application (2017-2028)

6.4 North America Geofencing Market Size by Country

6.4.1 North America Geofencing Market Size by Country (2017-2022)

6.4.2 North America Geofencing Market Size by Country (2023-2028)

6.4.3 U.S.

6.4.4 Canada

7.1 Europe Geofencing Market Size (2017-2028)

7.2 Europe Geofencing Market Size by Type

7.2.1 Europe Geofencing Market Size by Type (2017-2022)

7.2.2 Europe Geofencing Market Size by Type (2023-2028)

7.2.3 Europe Geofencing Market Share by Type (2017-2028)

7.3 Europe Geofencing Market Size by Application

7.3.1 Europe Geofencing Market Size by Application (2017-2022)

7.3.2 Europe Geofencing Market Size by Application (2023-2028)

7.3.3 Europe Geofencing Market Share by Application (2017-2028)

7.4 Europe Geofencing Market Size by Country

7.4.1 Europe Geofencing Market Size by Country (2017-2022)

7.4.2 Europe Geofencing Market Size by Country (2023-2028)

7.4.3 Germany

7.4.4 France

7.4.5 U.K.

7.4.6 Italy

7.4.7 Russia

7.4.8 Nordic Countries

8.1 Asia-Pacific Geofencing Market Size (2017-2028)

8.2 Asia-Pacific Geofencing Market Size by Type

8.2.1 Asia-Pacific Geofencing Market Size by Type (2017-2022)

8.2.2 Asia-Pacific Geofencing Market Size by Type (2023-2028)

8.2.3 Asia-Pacific Geofencing Market Share by Type (2017-2028)

8.3 Asia-Pacific Geofencing Market Size by Application

8.3.1 Asia-Pacific Geofencing Market Size by Application (2017-2022)

8.3.2 Asia-Pacific Geofencing Market Size by Application (2023-2028)

8.3.3 Asia-Pacific Geofencing Market Share by Application (2017-2028)

8.4 Asia-Pacific Geofencing Market Size by Region

8.4.1 Asia-Pacific Geofencing Market Size by Region (2017-2022)

8.4.2 Asia-Pacific Geofencing Market Size by Region (2023-2028)

8.4.3 China

8.4.4 Japan

8.4.5 South Korea

8.4.6 Southeast Asia

8.4.7 India

8.4.8 Australia

9.1 Latin America Geofencing Market Size (2017-2028)

9.2 Latin America Geofencing Market Size by Type

9.2.1 Latin America Geofencing Market Size by Type (2017-2022)

9.2.2 Latin America Geofencing Market Size by Type (2023-2028)

9.2.3 Latin America Geofencing Market Share by Type (2017-2028)

9.3 Latin America Geofencing Market Size by Application

9.3.1 Latin America Geofencing Market Size by Application (2017-2022)

9.3.2 Latin America Geofencing Market Size by Application (2023-2028)

9.3.3 Latin America Geofencing Market Share by Application (2017-2028)

9.4 Latin America Geofencing Market Size by Country

9.4.1 Latin America Geofencing Market Size by Country (2017-2022)

9.4.2 Latin America Geofencing Market Size by Country (2023-2028)

9.4.3 Mexico

9.4.4 Brazil

10.1 Middle East & Africa Geofencing Market Size (2017-2028)

10.2 Middle East & Africa Geofencing Market Size by Type

10.2.1 Middle East & Africa Geofencing Market Size by Type (2017-2022)

10.2.2 Middle East & Africa Geofencing Market Size by Type (2023-2028)

10.2.3 Middle East & Africa Geofencing Market Share by Type (2017-2028)

10.3 Middle East & Africa Geofencing Market Size by Application

10.3.1 Middle East & Africa Geofencing Market Size by Application (2017-2022)

10.3.2 Middle East & Africa Geofencing Market Size by Application (2023-2028)

10.3.3 Middle East & Africa Geofencing Market Share by Application (2017-2028)

10.4 Middle East & Africa Geofencing Market Size by Country

10.4.1 Middle East & Africa Geofencing Market Size by Country (2017-2022)

10.4.2 Middle East & Africa Geofencing Market Size by Country (2023-2028)

10.4.3 Turkey

10.4.4 Saudi Arabia

10.4.5 UAE

11.1 Esri

11.1.1 Esri Company Details

11.1.2 Esri Business Overview

11.1.3 Esri Geofencing Introduction

11.1.4 Esri Revenue in Geofencing Business (2017-2022)

11.1.5 Esri Recent Developments

11.2 Apple

11.2.1 Apple Company Details

11.2.2 Apple Business Overview

11.2.3 Apple Geofencing Introduction

11.2.4 Apple Revenue in Geofencing Business (2017-2022)

11.2.5 Apple Recent Developments

11.3 Thumbvista

11.3.1 Thumbvista Company Details

11.3.2 Thumbvista Business Overview

11.3.3 Thumbvista Geofencing Introduction

11.3.4 Thumbvista Revenue in Geofencing Business (2017-2022)

11.3.5 Thumbvista Recent Developments

11.4 Localytics

11.4.1 Localytics Company Details

11.4.2 Localytics Business Overview

11.4.3 Localytics Geofencing Introduction

11.4.4 Localytics Revenue in Geofencing Business (2017-2022)

11.4.5 Localytics Recent Developments

11.5 Simpli.fi

11.5.1 Simpli.fi Company Details

11.5.2 Simpli.fi Business Overview

11.5.3 Simpli.fi Geofencing Introduction

11.5.4 Simpli.fi Revenue in Geofencing Business (2017-2022)

11.5.5 Simpli.fi Recent Developments

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Author Details

13.3 Disclaimer

List of Tables

    Table 1. Global Geofencing Market Size Growth Rate by Type (US$ Million), 2017 VS 2021 VS 2028

    Table 2. Key Players of Fixed Geofencing

    Table 3. Key Players of Mobile Geofencing

    Table 4. Global Geofencing Market Size Growth Rate by Application (US$ Million), 2017 VS 2021 VS 2028

    Table 5. Global Geofencing Market Size by Region (US$ Million): 2017 VS 2021 VS 2028

    Table 6. Global Geofencing Market Size by Region (2017-2022) & (US$ Million)

    Table 7. Global Geofencing Market Share by Region (2017-2022)

    Table 8. Global Geofencing Forecasted Market Size by Region (2023-2028) & (US$ Million)

    Table 9. Global Geofencing Market Share by Region (2023-2028)

    Table 10. Geofencing Market Trends

    Table 11. Geofencing Market Drivers

    Table 12. Geofencing Market Challenges

    Table 13. Geofencing Market Restraints

    Table 14. Global Geofencing Revenue by Players (2017-2022) & (US$ Million)

    Table 15. Global Geofencing Revenue Share by Players (2017-2022)

    Table 16. Global Top Geofencing by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Geofencing as of 2021)

    Table 17. Ranking of Global Top Geofencing Companies by Revenue (US$ Million) in 2021

    Table 18. Global 5 Largest Players Market Share by Geofencing Revenue (CR5 and HHI) & (2017-2022)

    Table 19. Key Players Headquarters and Area Served

    Table 20. Key Players Geofencing Product Solution and Service

    Table 21. Date of Enter into Geofencing Market

    Table 22. Mergers & Acquisitions, Expansion Plans

    Table 23. Global Geofencing Market Size by Type (2017-2022) & (US$ Million)

    Table 24. Global Geofencing Revenue Market Share by Type (2017-2022)

    Table 25. Global Geofencing Forecasted Market Size by Type (2023-2028) & (US$ Million)

    Table 26. Global Geofencing Revenue Market Share by Type (2023-2028)

    Table 27. Global Geofencing Market Size by Application (2017-2022) & (US$ Million)

    Table 28. Global Geofencing Revenue Share by Application (2017-2022)

    Table 29. Global Geofencing Forecasted Market Size by Application (2023-2028) & (US$ Million)

    Table 30. Global Geofencing Revenue Share by Application (2023-2028)

    Table 31. North America Geofencing Market Size by Type (2017-2022) & (US$ Million)

    Table 32. North America Geofencing Market Size by Type (2023-2028) & (US$ Million)

    Table 33. North America Geofencing Market Size by Application (2017-2022) & (US$ Million)

    Table 34. North America Geofencing Market Size by Application (2023-2028) & (US$ Million)

    Table 35. North America Geofencing Market Size by Country (2017-2022) & (US$ Million)

    Table 36. North America Geofencing Market Size by Country (2023-2028) & (US$ Million)

    Table 37. Europe Geofencing Market Size by Type (2017-2022) & (US$ Million)

    Table 38. Europe Geofencing Market Size by Type (2023-2028) & (US$ Million)

    Table 39. Europe Geofencing Market Size by Application (2017-2022) & (US$ Million)

    Table 40. Europe Geofencing Market Size by Application (2023-2028) & (US$ Million)

    Table 41. Europe Geofencing Market Size by Country (2017-2022) & (US$ Million)

    Table 42. Europe Geofencing Market Size by Country (2023-2028) & (US$ Million)

    Table 43. Asia Pacific Geofencing Market Size by Type (2017-2022) & (US$ Million)

    Table 44. Asia Pacific Geofencing Market Size by Type (2023-2028) & (US$ Million)

    Table 45. Asia Pacific Geofencing Market Size by Application (2017-2022) & (US$ Million)

    Table 46. Asia Pacific Geofencing Market Size by Application (2023-2028) & (US$ Million)

    Table 47. Asia Pacific Geofencing Market Size by Region (2017-2022) & (US$ Million)

    Table 48. Asia Pacific Geofencing Market Size by Region (2023-2028) & (US$ Million)

    Table 49. Latin America Geofencing Market Size by Type (2017-2022) & (US$ Million)

    Table 50. Latin America Geofencing Market Size by Type (2023-2028) & (US$ Million)

    Table 51. Latin America Geofencing Market Size by Application (2017-2022) & (US$ Million)

    Table 52. Latin America Geofencing Market Size by Application (2023-2028) & (US$ Million)

    Table 53. Latin America Geofencing Market Size by Country (2017-2022) & (US$ Million)

    Table 54. Latin America Geofencing Market Size by Country (2023-2028) & (US$ Million)

    Table 55. Middle East and Africa Geofencing Market Size by Type (2017-2022) & (US$ Million)

    Table 56. Middle East and Africa Geofencing Market Size by Type (2023-2028) & (US$ Million)

    Table 57. Middle East and Africa Geofencing Market Size by Application (2017-2022) & (US$ Million)

    Table 58. Middle East and Africa Geofencing Market Size by Application (2023-2028) & (US$ Million)

    Table 59. Middle East and Africa Geofencing Market Size by Country (2017-2022) & (US$ Million)

    Table 60. Middle East and Africa Geofencing Market Size by Country (2023-2028) & (US$ Million)

    Table 61. Esri Company Details

    Table 62. Esri Business Overview

    Table 63. Esri Geofencing Product

    Table 64. Esri Revenue in Geofencing Business (2017-2022) & (US$ Million)

    Table 65. Esri Recent Developments

    Table 66. Apple Company Details

    Table 67. Apple Business Overview

    Table 68. Apple Geofencing Product

    Table 69. Apple Revenue in Geofencing Business (2017-2022) & (US$ Million)

    Table 70. Apple Recent Developments

    Table 71. Thumbvista Company Details

    Table 72. Thumbvista Business Overview

    Table 73. Thumbvista Geofencing Product

    Table 74. Thumbvista Revenue in Geofencing Business (2017-2022) & (US$ Million)

    Table 75. Thumbvista Recent Developments

    Table 76. Localytics Company Details

    Table 77. Localytics Business Overview

    Table 78. Localytics Geofencing Product

    Table 79. Localytics Revenue in Geofencing Business (2017-2022) & (US$ Million)

    Table 80. Localytics Recent Developments

    Table 81. Simpli.fi Company Details

    Table 82. Simpli.fi Business Overview

    Table 83. Simpli.fi Geofencing Product

    Table 84. Simpli.fi Revenue in Geofencing Business (2017-2022) & (US$ Million)

    Table 85. Simpli.fi Recent Developments

    Table 86. Research Programs/Design for This Report

    Table 87. Key Data Information from Secondary Sources

    Table 88. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Geofencing Market Share by Type: 2021 VS 2028

    Figure 2. Fixed Geofencing Features

    Figure 3. Mobile Geofencing Features

    Figure 4. Global Geofencing Market Share by Application: 2021 VS 2028

    Figure 5. Healthcare Case Studies

    Figure 6. Retail Case Studies

    Figure 7. Defense and Military Case Studies

    Figure 8. Industrial Manufacturing Case Studies

    Figure 9. Transportation and Logistics Case Studies

    Figure 10. Others Case Studies

    Figure 11. Geofencing Report Years Considered

    Figure 12. Global Geofencing Market Size (US$ Million), Year-over-Year: 2017-2028

    Figure 13. Global Geofencing Market Size, (US$ Million), 2017 VS 2021 VS 2028

    Figure 14. Global Geofencing Market Share by Region: 2021 VS 2028

    Figure 15. Global Geofencing Market Share by Players in 2021

    Figure 16. Global Top Geofencing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Geofencing as of 2021)

    Figure 17. The Top 10 and 5 Players Market Share by Geofencing Revenue in 2021

    Figure 18. North America Geofencing Market Size YoY (2017-2028) & (US$ Million)

    Figure 19. North America Geofencing Market Size Market Share by Type (2017-2028)

    Figure 20. North America Geofencing Market Size Market Share by Application (2017-2028)

    Figure 21. North America Geofencing Market Size Share by Country (2017-2028)

    Figure 22. United States Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 23. Canada Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 24. Europe Geofencing Market Size YoY (2017-2028) & (US$ Million)

    Figure 25. Europe Geofencing Market Size Market Share by Type (2017-2028)

    Figure 26. Europe Geofencing Market Size Market Share by Application (2017-2028)

    Figure 27. Europe Geofencing Market Size Share by Country (2017-2028)

    Figure 28. Germany Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 29. France Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 30. U.K. Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 31. Italy Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 32. Russia Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 33. Nordic Countries Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 34. Asia-Pacific Geofencing Market Size YoY (2017-2028) & (US$ Million)

    Figure 35. Asia Pacific Geofencing Market Size Market Share by Type (2017-2028)

    Figure 36. Asia Pacific Geofencing Market Size Market Share by Application (2017-2028)

    Figure 37. Asia Pacific Geofencing Market Size Share by Region (2017-2028)

    Figure 38. China Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 39. Japan Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 40. South Korea Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 41. Southeast Asia Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 42. India Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 43. Australia Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

List of Figures

    Figure 44. Latin America Geofencing Market Size YoY (2017-2028) & (US$ Million)

    Figure 45. Latin America Geofencing Market Size Market Share by Type (2017-2028)

    Figure 46. Latin America Geofencing Market Size Market Share by Application (2017-2028)

    Figure 47. Latin America Geofencing Market Size Share by Country (2017-2028)

    Figure 48. Mexico Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 49. Brazil Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 50. Middle East & Africa Geofencing Market Size YoY (2017-2028) & (US$ Million)

    Figure 51. Middle East and Africa Geofencing Market Size Market Share by Type (2017-2028)

    Figure 52. Middle East and Africa Geofencing Market Size Market Share by Application (2017-2028)

    Figure 53. Middle East and Africa Geofencing Market Size Share by Country (2017-2028)

    Figure 54. Turkey Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 55. Saudi Arabia Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 56. UAE Geofencing Market Size YoY Growth (2017-2028) & (US$ Million)

    Figure 57. Esri Revenue Growth Rate in Geofencing Business (2017-2022)

    Figure 58. Apple Revenue Growth Rate in Geofencing Business (2017-2022)

    Figure 59. Thumbvista Revenue Growth Rate in Geofencing Business (2017-2022)

    Figure 60. Localytics Revenue Growth Rate in Geofencing Business (2017-2022)

    Figure 61. Simpli.fi Revenue Growth Rate in Geofencing Business (2017-2022)

    Figure 62. Bottom-up and Top-down Approaches for This Report

    Figure 63. Data Triangulation

    Figure 64. Key Executives Interviewed