The Global Geofencing Market size is expected to grow at an annual average of 20.3% during 2021-2027. Geofencing is a virtual fencing created around a desired boundary location on the land. Geofencing consists primarily of software programs that run using data collected from Global Positioning Systems (GPS) or Radio Frequency Identification (RFID). Data includes location details based on geographic parameters of personal equipment.
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A full report of Global Geofencing Market is available at: https://www.orionmarketreports.com/geofencing-market-market/45523/
The following Segmentation are covered in this report:
By Component
- Solution
- Services
By Service:
- Deployment and integration services
- Support and maintenance services
- Consulting and advisory services
- API management and testing services
By Geofencing Type:
- Fixed geofencing
- Mobile geofencing
By Organization Size:
- Small and Medium-sized Enterprises (SMEs)
- Large enterprises
By Vertical:
- Transportation and logistics
- Retail
- Healthcare and life sciences
- Industrial manufacturing
- Media and entertainment
- Government and defense
- Banking, Financial Services, and Insurance (BFSI)
- Others
The report covers the following objectives:
- Proliferation and maturation of trade in the global Geofencing Market.
- The market share of the global Geofencing Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Geofencing Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Geofencing Market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
