Global Active Geofencing Market - Segmented by Component Type (Near-to-Eye (NTE), Projection), Application (Automotive, Medical, Consumer Electronics) and Region - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4534525
  • Report
  • Region: Global
  • 78 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Gimbal Inc¸ Google LLC
  • IBM Corp.
  • Microsoft Corp.
  • Radar Labs Inc.
  • Samsung Electronics Co
  • Verve Inc
  • MORE
The global active geofencing market is projected to register at a CAGR of 24.1% over the forecast period of 2018-2023. The scope of the report includes insights on the solutions offered by major players, including providers of hardware, software platform, services, and integration solutions. The regions included in this study are - North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study also offers insights on various end users, such as healthcare, BFSI, retail, defense, etc. The organization size and type of geofencing have also been covered in the study.

Industry-based Demand is High Due to Increased Tracking of Asset and Stock Location

The real-time location and tracking of the movements of the materials in the industry provides the industry the most needed control over the flow of the process. The control allows the industry to track the movement of the inventory, semi-processed materials, and the processed materials in real time, thus allowing it to reduce the wastages of resources.

Small- and Medium-scale Businesses are Increasingly Adopting Geofencing

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.

Key Developments in the Market
  • January 2018 - Bluedot Innovation launched Bluedot Location Marketing on the Salesforce AppExchange. This has empowered businesses to connect with their customers, partners, and employees in entirely new ways. Bluedot Location Marketing offers accurate location services and geofencing, empowering brands to harness the power of location, to build personalized journeys.
Major Players : BLUEDOT INNOVATION, GIMBAL¸ GOOGLE LLC, IBM CORP., MICROSOFT CORP., RADAR LABS INC., SAMSUNG ELECTRONICS, VERVE, amongst others.

Reasons to Purchase this Report
  • Current and future global active geofencing market outlook.
  • Performance of various segments of the market.
  • Analyzing different perspectives of the market, with the help of Porter’s five forces analysis.
  • The segments and sub-segments that are expected to dominate the market.
  • The regions that are expected to witness expedited growth during the forecast period.
  • The latest developments, market shares, and strategies employed by the major market players.
  • 3 months analyst support along with the Market Estimate sheet (in excel)
Customization of the Report

This report can be customized to meet your requirements. Please contact us for more information.
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FEATURED COMPANIES

  • Gimbal Inc¸ Google LLC
  • IBM Corp.
  • Microsoft Corp.
  • Radar Labs Inc.
  • Samsung Electronics Co
  • Verve Inc
  • MORE
1. Introduction

1.1 Key Deliverables of the Study

1.2 Study Assumptions

1.3 Research Methodology

2. Executive Summary

3. Market Insights

3.1 Market Overview

3.2 Industry Value Chain Analysis

3.3 Industry Attractiveness - Porter's Five Forces Analysis

3.3.1 Bargaining Power of Suppliers

3.3.2 Bargaining Power of Consumers

3.3.3 Threat of New Entrants

3.3.4 Threat of Substitutes

3.3.5 Intensity of Competitive Rivalry

4. Market Dynamics

4.1 Drivers

4.1.1 Increased Use of Spatial Data and Improved Real-time Location Technology

4.1.2 Applications of Tracking Assets and Stocks

4.1.3 Higher Adoption of Location-based Application among Consumers

4.1.4 Rise in Sales of GPS or Location-enabled Smartphones and Devices

4.2 Restraints

4.2.1 Concerns about the Information Gathered by the Application and Pattern Detection

4.2.2 Rising Awareness Regarding Safety and Security among Consumers of Location Tracking

5. Global Active Geofencing Market Segmentation

5.1 Type

5.1.1 Fixed

5.1.2 Mobile

5.1.3 Others

5.2 Organization Size

5.2.1 Small- and Medium-scale Businesses

5.2.2 Large-scale Businesses

5.3 End User

5.3.1 BFSI

5.3.2 Defense, Government, and Military

5.3.3 Healthcare

5.3.4 Industrial Manufacturing

5.3.5 Retail

5.3.6 Transportation and Logistics

5.3.7 Others (Agriculture, Education, Engineering & Construction, and Energy & Utilities)

5.4 Region

5.4.1 North America

5.4.1.1 Canada

5.4.1.2 US

5.4.2 Europe

5.4.2.1 France

5.4.2.2 Germany

5.4.2.3 Russia

5.4.2.4 UK

5.4.2.5 Rest of Europe

5.4.3 Asia-Pacific

5.4.3.1 China

5.4.3.2 India

5.4.3.3 Japan

5.4.3.4 South Korea

5.4.3.5 Rest of Asia-Pacific

5.4.4 Latin America

5.4.4.1 Argentina

5.4.4.2 Brazil

5.4.4.3 Mexico

5.4.4.4 Rest of Latin America

5.4.5 Middle East & Africa

5.4.5.1 Saudi Arabia

5.4.5.2 South Africa

5.4.5.3 United Arab Emirates

5.4.5.4 Rest of Middle East & Africa

6. Competitive Intelligence - Company Profiles

6.1 Bluedot Innovation Pty Ltd

6.2 Gimbal Inc.

6.3 Google LLC

6.4 IBM Corporation

6.5 Microsoft Corporation

6.6 Radar Labs Inc.

6.7 Samsung Electronics Co.

6.8 Verve Inc.

*List not exhaustive

7. Investment Analysis
7.1 Recent Mergers and Acquisitions
7.2 Investor Outlook
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  • Bluedot Innovation Pty Ltd
  • Gimbal Inc¸ Google LLC
  • IBM Corp.
  • Microsoft Corp.
  • Radar Labs Inc.
  • Samsung Electronics Co
  • Verve Inc
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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