Active Geofencing Market, Global Outlook and Forecast 2023-2035

The global Active Geofencing market was valued at US$ 770.7 million in 2022 and is projected to reach US$ 2985 million by 2035, at a CAGR of 21.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Geofencing is a technology that defines a virtual boundary around a real-world geographical area. In doing so, a radius of interest is established that can trigger an action in a geo-enabled phone or other portable electronic device.

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This report aims to provide a comprehensive presentation of the global market for Active Geofencing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Active Geofencing. This report contains market size and forecasts of Active Geofencing in global, including the following market information:

Global Active Geofencing Market Revenue, 2018-2023, 2024-2035, ($ millions)

Global top five companies in 2022 (%)

The use of smartphones has enabled small- and medium-scale businesses to reach out to customers visiting their premises. Access to applications, like Google Earth, has allowed people to know about the nearby places. A small business uses geofencing to let the customers in the locality know about its new products and offers and retain them, if they visit the locality. The demand in this segment is increasing, particularly in developed and emerging countries, mainly in urban areas.

We surveyed the Active Geofencing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Active Geofencing Market, by Type, 2018-2023, 2024-2035 ($ millions)

Global Active Geofencing Market Segment Percentages, by Type, 2022 (%)

• Fixed

• Mobile

Global Active Geofencing Market, by Application, 2018-2023, 2024-2035 ($ millions)

Global Active Geofencing Market Segment Percentages, by Application, 2022 (%)

• BFSI

• Retail

• Transportation and Logistics

• Healthcare

• Defense and Military

• Industrial Manufacturing

• Others

Global Active Geofencing Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions)

Global Active Geofencing Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

• The Middle East and Africa (Middle East, Africa)

• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Active Geofencing revenues in global market, 2018-2023 (estimated), ($ millions)

• Key companies Active Geofencing revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Google

• IBM

• Microsoft

• Samsung

• Bluedot Innovation

• Gimbal

• Verve

• Radar Labs

Outline of Major Chapters:

Chapter 1: Introduces the definition of Active Geofencing, market overview.

Chapter 2: Global Active Geofencing market size in revenue.

Chapter 3: Detailed analysis of Active Geofencing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Active Geofencing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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