Geofencing Market Outlook (2022-2032)

[309 Pages Report] From US$ 1,867.2 Million in 2022 to US$ 9,596.6 Million in 2032, the geofencing market is anticipated to reach. Adoption of geofencing is envisioned to accelerate at a CAGR of 17.8% over the course of the forecast period.

  • Due to its role in real-time monitoring, which is helpful for data analysis, geofencing is becoming more widely used.
  • By using technologies, geofencing produces precise data. The increased use of analytical and spatial tools is accelerating the growth of the geofencing market.
  • It is anticipated that the adoption of geofencing will be fueled by the technology's numerous applications for a variety of goals.
  • Since it enables businesses to display advertisements on social media sites by creating a virtual geofence, the demand for geofencing is expected to increase.
  • It can also monitor real-time data and allow businesses to evaluate their advertising activity, propelling the geofencing market forward.
  • The use of geofencing is expected to increase as small and medium-sized businesses increasingly use geofencing marketing to increase client retention and brand exposure.
Attributes Details
Geofencing Market Estimated Size (2022) US$ 1,867.2 Million
Geofencing Market CAGR (2022 to 2032) 17.8%
Geofencing Market Forecasted Size (2032) US$ 9,596.6 Million

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Key Elements of Geofencing Market Expansion

Geofencing Market Growth Will Be Bumped up by Extensive Use of Location-Based Marketing The latest 5G-enabled smartphones with high-speed data and location accuracy are likely to be the primary drivers of geofencing demand. The geofencing market is expected to expand as it enables businesses to target individual customers by customizing and distributing notifications and advertisements in real time.

Geofencing Facilitates Remote Employee Monitoring, Steering Demand

The coronavirus outbreak has significantly increased the demand for geofencing. Many organisations are shifting to long-term remote employment as working from home becomes the new standard. As a result, geofencing software that allows employees to clock in and out electronically is in high demand.

Employees become more productive as a consequence of geofencing because it allows them to better regulate their time. As a result, the geofencing market revenue is expected to rise as a result of this factor. Geofencing is being used more often for staff training and recruiting as a result of technological advancements.

A geofence is set up to find qualified candidates quickly. In the healthcare industry, geofencing can be used to provide patient updates to physicians and nurses in specific locations. This factor is ramping up the geofencing market expansion.

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Sudip Saha

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Market Landscape for Geofencing in North America

An estimated 35.2% of the geofencing market is likely to belong to North America. The majority of secure, developed economies with significant R&D spending can be found in North America, which promotes the adoption of new technologies.

North America's startup scene is growing more quickly than that of other countries. With a share of 18.2% in 2021, the U.S. dominated the North American geofencing market. The growth of the North American market has been aided by the rising number of new SMEs and the growing digitization within large corporations.

Large businesses must make significant investments in digitalization, whereas small and medium-sized businesses (SMEs) can quickly integrate new technology into their existing systems. The geofencing market in North America is booming as a result of all of these factors.

Geofencing Market Outlook for Europe

Similar incredible growth is predicted for the European region. In the upcoming years, it is anticipated that significant players and research and development efforts will generate greater profit. The rest of the world's nations are likely to continue to develop steadily. The majority of consumers regularly use smartphones.

It is anticipated that increased internet connectivity will hasten geofencing market expansion. It is simple to build the software framework required to manage communications. The Fintech industry in the area is growing quickly.

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Major Approaches are New Releases and Takeovers

Geofencing market participants are evolving as a result of widely spread smartphone use, increasing adoption of connected devices across industries, and growing global utilisation of location-based service platforms for a variety of applications. Major players have a powerful brand identity, a competitive strategy that collaborates, and distribution control. Overall, competition in the geofencing market is intense.

In August 2022, DJI received the world's first C1 EU-type drone assessment certificate under the European Drone Regulation. This has facilitated them in improving a trustworthy brand image and luring potential clients for the firm.

Samsung and Telus officially deployed Canada's first next-generation Mission Critical Push-to-X (MCPTX) services in March 2022, combining data and information with key organizational capabilities such as geofencing and video to keep the public safer.

The adoption of geofencing is rising as it contributes to real-time monitoring, which is useful for data analysis. Furthermore, geofencing provides accurate data by utilizing technologies such as RHD and GPS. In addition, the increased usage of analytical and spatial tools is propelling the geofencing market growth.

The varied applications of geofencing uses and technology for a variety of objectives are predicted to drive the adoption of geofencing during the forecast period.

However, the high pricing of the geofencing devices is one of the primary restrictions highlighted for the geofencing market projection. It also has various limitations in terms of radius coverage, and difficult maintenance, which limits the adoption of geofencing. Furthermore, installation expenses may significantly impede geofencing market expansion in the forecast period.

The demand for geofencing is projected to rise as it allows companies to show advertisements on social media sites by building a virtual geofence. It can also monitor real-time data and allow firms to assess their advertising activity, which propels the geofencing market growth.

Furthermore, the adoption of geofencing is anticipated to grow as small and medium-sized businesses are increasingly using geofencing marketing to boost client retention and brand exposure.

Geofencing increases the chance of a purchase by allowing marketers to target a specific population. As a result, these factors are anticipated to boost the geofencing market share during the forecast period. Furthermore, notifications that are relevant and location-based have a higher click rate which boosts consumer involvement, driving the adoption of geofencing.

What are the Key Factors Driving Geofencing Market Growth?

  • Widespread Usage of Location-Based Marketing to Boost Geofencing Market Growth

The latest 5G-enabled smartphones with high-speed data and location accuracy are likely to be the major factors fueling the demand for geofencing. The geofencing market is anticipated to grow as it allows businesses to target individual clients by customizing and distributing notifications and advertisements in real-time.

  • Geofencing Aids in Remote Employee Monitoring Which Propels the Demand

The coronavirus outbreak has increased the demand for geofencing dramatically. As working from home becomes the new standard, many organizations are shifting to long-term remote employment. As a result, there is a greater demand for geofencing software that allows employees to clock in and depart electronically.

Furthermore, geofencing makes employees more productive by allowing them to better manage their time. As a result, this aspect is projected to boost the geofencing market revenue. Due to technological advancements, geofencing is being used increasingly frequently for staff training and recruiting.

A geofence is set up to efficiently discover qualified applicants. Geofencing can be used in the healthcare industry to set up patient updates for physicians and nurses in certain places. This factor is hastening the geofencing market expansion.

Which Factors are Limiting the Geofencing Market Growth?

  • One of the key restrictions noted in the geofencing market projection is the high pricing of devices. It also has certain disadvantages, such as limited radius coverage, complex maintenance, and so on. Furthermore, installation costs may severely impede geofencing market growth in the next years.
  • A lack of competent staff and expertise among clients is projected to stymie geofencing market expansion. Rapid technological advancement may result in considerable misconceptions among consumers. The rigorous laws and limits imposed by various governments may make meeting deadlines challenging at times.

Latest Trends in Geofencing Market

  • Since geofenced data allows retailers to focus primarily on consumers who are most likely to connect with their services or products, geofenced marketing campaigns tend to produce a greater return on ad expenditure. As a result, retail groups' profits increase.
  • Furthermore, the demand for geofencing is rising as it has the ability to assist shops in connecting with their customers, increasing foot traffic, and strengthening customer loyalty. Personalizing and tailoring offerings based on client data enables companies to remain relevant and demonstrate a thorough awareness of their customers' demands.
  • Automotive retailers utilize geofencing to keep track of customers conducting test drives. If the customer attempts to leave the defined geofenced region, an immediate alarm can be sent, allowing for a timely response to avert asset loss.

Category-wise Insights of Geofencing Market

By Solution, Hardware Segment Dominates the Geofencing Market with a Share of 41.0%

The hardware segment led the geofencing market in 2021 as a result of widespread acceptance of these solutions by industries such as transportation and logistics, retail, automotive, and government. With firms extending solution capabilities in terms of analytics functions and interaction with other comparable location-based services, the hardware market now accounts for a sizable portion of the entire industry.

By Technology, Active Geofencing Dominates the Geofencing Market with a Share of 57.8%

Active geofencing has advanced in terms of technological flexibility and utility. Mobile marketing, focused clustering, autonomous automobiles, increased BYOD acceptance, and other trends are propelling the industry forward. As a result, the market under consideration is predicted to develop steadily, with market participants driving the majority of the increase.

By Industry, Transportation and Logistics to Lead the Geofencing Market

During the projection period, the transportation and logistics sector is predicted to have the greatest market share of 24.2%. Transportation and logistics segment is one of the most dominant sectors in terms of geofencing market solutions deployment. Asset monitoring, speed limitation, fleet and freight management, and commercial transportation management are some of the transportation and logistics industry applications of geofencing technologies.

Regional Analysis of Geofencing Market

North America Geofencing Market Landscape

During the forecast period, North America is likely to hold a 35.2% share of the market. North America has the majority of stable and established economies that invest heavily in R&D, hence fostering the introduction of new technologies.

When compared to other nations, North America's startup culture is expanding faster. The U.S dominated the North American geofencing market with a share of 18.2% in 2021. The expanding number of new SMEs and the increasing digitization inside big organizations have aided the growth of the North American geofencing market.

Small and medium-sized organizations (SMEs) may quickly integrate technology developments into their existing systems, but large enterprises must invest heavily in digitalization. As a consequence of all of these factors, the geofencing market in North America is expanding.

What is the Europe Geofencing Market Outlook?

The European region is likewise expected to see unprecedented growth. The important players and research and development efforts are expected to create greater profit in the next years. Countries in the Rest of the World, on the other hand, is likely to experience consistent development. Smartphones are being used on a regular basis by consumers.

Furthermore, improved internet connectivity is expected to accelerate market expansion. The software framework necessary to manage the communications is straightforward to build. The region's Fintech market is also rapidly expanding. Several banks are employing geofencing to match customer locations to card transactions to ensure that cardholder transactions are permitted and reduce the risk of fraud.

Asia Pacific Geofencing Market Landscape

During the projection period, the South Asia & Pacific region is estimated to develop at a CAGR of 22.5% during 2022-2032. The Asia Pacific region includes key nations with rapidly growing economies such as China and India. In 2021, India is held a second largest share of 10.5% in Asia Pacific geofencing market.

China dominated the Asia Pacific geofencing market with a share of 12.3% in 2021. These countries have a large number of SMBs. Furthermore, government projects such as Digital India have encouraged the use of technology in these countries' economic sectors. Small and medium-sized companies (SMBs) are using beacons and geofencing to increase client interactions. This technology is reasonably priced, with numerous beacon units costing around USD 20.

Furthermore, Walmart has already begun selling in India, and the country's large e-commerce presence presents further opportunities for the geofencing sector, since both Amazon and Walmart aim to deploy unmanned drones to carry items.

Startup Ecosystem

Startups in the geofencing market, such as Gimbal Inc. and Radar Labs Inc., are concentrating on creating better solutions to assist consumers make better decisions using location data in order to achieve momentum in the market. The adoption of advanced technologies like IoT, advanced analytics, edge computing, and blockchain has increased device connectivity, resulting in the rise of data.

This data includes consumer behavior in retail outlets, real-time marketing analysis, sensor-driven decision analytics, and instantaneous control response in complex autonomous systems. Implementation of IoT by startups connects businesses and governments to smart opportunities including smart cities, smart transportation, and smart projects.

Competitive Landscape

The geofencing market players are evolving in response to widespread smartphone use, rising adoption of connected devices in various industries (such as transportation and logistics), and rising global usage of location-based service platforms for various applications such as maps, check-ins, and so on.

Furthermore, major players like IBM, Microsoft, Google, and Samsung have a strong brand identification, effective competitive strategy, and distribution control. Overall, competitive rivalry is fierce in the geofencing market.

Some of the Key Players Operating in Geofencing Market Include

  • Apple, INC. (USA)
  • Bluedot Innovation (USA)
  • Pulsate (USA)
  • GPSWOX, Ltd. (USA)
  • Simpli.fi
  • Thumbvista (USA)
  • Fi Holdings Inc. (USA)
  • Localytics (USA)
  • Geomoby (Australia)
  • Plot Projects (Netherlands)
  • DreamOrbit (India)
  • LocationSmart (USA)
  • SuccorfishM2M (UK)
  • Embitel (India)
  • InVisage (USA)
  • MobiOcean (India)
  • Visioglobe (France)
  • Mobinius Technologies (India)
  • Raveon Technologies (USA)
  • Urban Airship (USA)
  • Maven Systems (India)
  • MAPCITE (UK)

Latest Developments in the Geofencing Market

  • August 2022 - Under the European Drone Regulation, DJI was given the world's first C1 EU-type drone assessment certificate. This has aided them in developing a trustworthy brand image and attracting new clients for the firm.
  • March 2022 - Using the Samsung Knox platform, Samsung and Telus successfully launched Canada's first next-generation Mission Critical Push-to-X (MCPTX) services that offer information and data with key operational capabilities like as geofencing and video to keep the public safer.

Geofencing Services, the Need of the Hour for Multiple Industries

Geofencing is a low-cost marketing method that provides numerous options dependents on budget. Geofencing campaigns are simple to deploy and generally available since they do not require technological skill, supporting business growth.

As a result, many firms are employing it regularly, which is boosting the demand for geofencing among multiple companies. Furthermore, it is also useful for responding to consumer problems and enquiries inside a certain geofence.

Buyers in the digital era demand a more digital-first, tailored shopping experience, when paired with geofencing and sophisticated technologies such as augmented reality (AR). The adoption of geofencing is projected to grow as more and more devices become wearable.

Over the predicted period, this is projected to increase the adoption of geofencing in retail. Furthermore, rising adoption among retailers for promotion of their deals and marketing bodes well for the growth of the geofencing market in the retail industry throughout the projection period.

Food delivery firms are growing as smartphone usage increases, and all delivery companies use geofencing technology in their applications for improved communication. In Singapore, for example, Grab Maps use geofencing to offer drivers safe transportation. Geofencing service is used by Grab to help delivery partners avoid places where traffic has been abruptly or briefly stopped.

What are the Competitors in Geofencing Market Doing?

  • Microsoft Corporation

Microsoft Corporation completed the acquisition of Nuance Communications, Inc., a US-based corporation, in March 2022 for a total purchase price of USD 18.8 billion, largely in cash. Nuance is an artificial intelligence software business with experience in healthcare and enterprise AI, and the purchase is likely to allow the company to extend its industry-specific offerings.

  • GroundTruth

GroundTruth announced cooperation and integration with Yext, Inc., an online brand Management Company, in May 2020, to produce tailored location-based advertising campaigns for Yext platform advertisers. Customers will be able to control their listings in the Yext platform while using GroundTruth's proprietary Blueprint mapping technology to recognize and target customers with customized products and adverts.

  • Foursquare

Foursquare and Factual Inc., a location data business, collaborated in April 2020 to offer location-based services globally. Furthermore, the agreement is projected to give its consumers with a united product portfolio, including offline attribution, developer tools, and Point of Interest (POI) data, allowing businesses to harness the data and insights that improve their business and marketing choices.

  • Simpli.fi

Simpli.fi offers geo-fencing solutions with immense values to help advertisers reach, measure, as well as validate the traffic and scale. The geofencing solution provider develops solutions that determine and target relevant audience with high precision.

These solutions can help target users using physical locations with their custom polygon geo-fence tool. In addition to this, household-level targeting is also possible using the demographical and behavioural intent insights.

Scope of the Report

Attribute Details
Growth Rate CAGR of 17.8% from 2022 to 2032
Base Year of Estimation 2022
Historical Data 2017 to 2021
Forecast Period 2022 to 2032
Quantitative Units Revenue in US$ Million and Volume in Units and F-CAGR from 2022-2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends and Pricing Analysis
Key Segments Covered By Solution, By Technology, By Industry, By Region
Regions Covered North America; Latin America; Europe; East Asia; South Asia; Middle East & Africa; Oceania
Key Countries Profiled USA, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Russia, China, Japan, India, GCC Countries, Australia
Key Companies Profiled Apple, INC. (USA); Bluedot Innovation (USA); Pulsate (USA); GPSWOX, Ltd. (USA); Thumbvista (USA); Fi Holdings Inc. (USA); Localytics (USA); Geomoby (Australia); Plot Projects (Netherlands); DreamOrbit (India); LocationSmart (USA); SuccorfishM2M (UK); Embitel (India); InVisage (USA); MobiOcean (India); Visioglobe (France); Mobinius Technologies (India); Raveon Technologies (USA); Urban Airship (USA); Maven Systems (India); MAPCITE (UK); Simpli.fi

Key Segments Covered in the Geofencing Market Report

By Solution:

  • Hardware
  • Software
  • Services

By Technology:

  • Active Geofencing
  • Passive Geofencing

By Industry:

  • Transportation and logistics
  • Retail
  • Healthcare and life sciences
  • Industrial manufacturing
  • Media and entertainment
  • Government and defense
  • Banking, Financial Services, and Insurance (BFSI)
  • Others (agriculture, education, construction and engineering, and energy and utilities)

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

Frequently Asked Questions

What is the Estimated Geofencing Market Value in 2022?

The global geofencing market is estimated to be valued at US$ 1,867.2 Mn in 2022.

What is the Growth Outlook of Global Geofencing Market?

The geofencing market is likely to grow at a CAGR of 17.8% during 2022-2032.

What is the Projected Value of Geofencing Market by 2032?

The geofencing market is projected to reach a valuation of US$ 9,596.6 Mn by 2032.

Which Region Dominates the Global Geofencing Market?

North America is projected to lead the global geofencing market by 2032.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Investment Feasibility Matrix
    3.5. PESTLE and Porter’s Analysis
    3.6. Regulatory Landscape
        3.6.1. By Key Regions
        3.6.2. By Key Countries
    3.7. Regional Parent Market Outlook
4. Global Market Analysis 2017-2021 and Forecast, 2022-2032
    4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
    4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Solution
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Mn) Analysis By Solution, 2017-2021
    5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Solution, 2022-2032
        5.3.1. Hardware
        5.3.2. Software
        5.3.3. Services
    5.4. Y-o-Y Growth Trend Analysis By Solution, 2017-2021
    5.5. Absolute $ Opportunity Analysis By Solution, 2022-2032
6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Technology
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Mn) Analysis By Technology, 2017-2021
    6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Technology, 2022-2032
        6.3.1. Active Geofencing
        6.3.2. Passive Geofencing
    6.4. Y-o-Y Growth Trend Analysis By Technology, 2017-2021
    6.5. Absolute $ Opportunity Analysis By Technology, 2022-2032
7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Industry 
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Mn) Analysis By Industry , 2017-2021
    7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Industry , 2022-2032
        7.3.1. Retail & CPG
        7.3.2. Transportation and Logistics
        7.3.3. Healthcare & Life Sciences
        7.3.4. Media & Entertainment
        7.3.5. BFSI
        7.3.6. Government & Defense
        7.3.7. Others
    7.4. Y-o-Y Growth Trend Analysis By Industry , 2017-2021
    7.5. Absolute $ Opportunity Analysis By Industry , 2022-2032
8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
    8.1. Introduction
    8.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
    8.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
        8.3.1. North America
        8.3.2. Latin America
        8.3.3. Europe
        8.3.4. South Asia & Pacific
        8.3.5. East Asia
        8.3.6. MEA
    8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        9.2.1. By Country
            9.2.1.1. U.S.
            9.2.1.2. Canada
        9.2.2. By Solution
        9.2.3. By Technology
        9.2.4. By Industry
    9.3. Market Attractiveness Analysis
        9.3.1. By Country
        9.3.2. By Solution
        9.3.3. By Technology
        9.3.4. By Industry
    9.4. Key Takeaways
10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        10.2.1. By Country
            10.2.1.1. Brazil
            10.2.1.2. Mexico
            10.2.1.3. Rest of Latin America
        10.2.2. By Solution
        10.2.3. By Technology
        10.2.4. By Industry
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Solution
        10.3.3. By Technology
        10.3.4. By Industry
    10.4. Key Takeaways
11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        11.2.1. By Country
            11.2.1.1. Germany
            11.2.1.2. U.K.
            11.2.1.3. France
            11.2.1.4. Spain
            11.2.1.5. Italy
            11.2.1.6. Rest of Europe
        11.2.2. By Solution
        11.2.3. By Technology
        11.2.4. By Industry
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Solution
        11.3.3. By Technology
        11.3.4. By Industry
    11.4. Key Takeaways
12. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        12.2.1. By Country
            12.2.1.1. India
            12.2.1.2. Malaysia
            12.2.1.3. Singapore
            12.2.1.4. Thailand
            12.2.1.5. Australia
            12.2.1.6. New Zealand
            12.2.1.7. Rest of South Asia & Pacific
        12.2.2. By Solution
        12.2.3. By Technology
        12.2.4. By Industry
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Solution
        12.3.3. By Technology
        12.3.4. By Industry
    12.4. Key Takeaways
13. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        13.2.1. By Country
            13.2.1.1. China
            13.2.1.2. Japan
            13.2.1.3. South Korea
        13.2.2. By Solution
        13.2.3. By Technology
        13.2.4. By Industry
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Solution
        13.3.3. By Technology
        13.3.4. By Industry
    13.4. Key Takeaways
14. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    14.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
    14.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
        14.2.1. By Country
            14.2.1.1. GCC Countries
            14.2.1.2. South Africa
            14.2.1.3. Israel
            14.2.1.4. Rest of MEA
        14.2.2. By Solution
        14.2.3. By Technology
        14.2.4. By Industry
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Solution
        14.3.3. By Technology
        14.3.4. By Industry
    14.4. Key Takeaways
15. Key Countries Market Analysis
    15.1. U.S.
        15.1.1. Pricing Analysis
        15.1.2. Market Share Analysis, 2021
            15.1.2.1. By Solution
            15.1.2.2. By Technology
            15.1.2.3. By Industry
    15.2. Canada
        15.2.1. Pricing Analysis
        15.2.2. Market Share Analysis, 2021
            15.2.2.1. By Solution
            15.2.2.2. By Technology
            15.2.2.3. By Industry
    15.3. Brazil
        15.3.1. Pricing Analysis
        15.3.2. Market Share Analysis, 2021
            15.3.2.1. By Solution
            15.3.2.2. By Technology
            15.3.2.3. By Industry
    15.4. Mexico
        15.4.1. Pricing Analysis
        15.4.2. Market Share Analysis, 2021
            15.4.2.1. By Solution
            15.4.2.2. By Technology
            15.4.2.3. By Industry
    15.5. Germany
        15.5.1. Pricing Analysis
        15.5.2. Market Share Analysis, 2021
            15.5.2.1. By Solution
            15.5.2.2. By Technology
            15.5.2.3. By Industry
    15.6. U.K.
        15.6.1. Pricing Analysis
        15.6.2. Market Share Analysis, 2021
            15.6.2.1. By Solution
            15.6.2.2. By Technology
            15.6.2.3. By Industry
    15.7. France
        15.7.1. Pricing Analysis
        15.7.2. Market Share Analysis, 2021
            15.7.2.1. By Solution
            15.7.2.2. By Technology
            15.7.2.3. By Industry
    15.8. Spain
        15.8.1. Pricing Analysis
        15.8.2. Market Share Analysis, 2021
            15.8.2.1. By Solution
            15.8.2.2. By Technology
            15.8.2.3. By Industry
    15.9. Italy
        15.9.1. Pricing Analysis
        15.9.2. Market Share Analysis, 2021
            15.9.2.1. By Solution
            15.9.2.2. By Technology
            15.9.2.3. By Industry
    15.10. India
        15.10.1. Pricing Analysis
        15.10.2. Market Share Analysis, 2021
            15.10.2.1. By Solution
            15.10.2.2. By Technology
            15.10.2.3. By Industry
    15.11. Malaysia
        15.11.1. Pricing Analysis
        15.11.2. Market Share Analysis, 2021
            15.11.2.1. By Solution
            15.11.2.2. By Technology
            15.11.2.3. By Industry
    15.12. Singapore
        15.12.1. Pricing Analysis
        15.12.2. Market Share Analysis, 2021
            15.12.2.1. By Solution
            15.12.2.2. By Technology
            15.12.2.3. By Industry
    15.13. Thailand
        15.13.1. Pricing Analysis
        15.13.2. Market Share Analysis, 2021
            15.13.2.1. By Solution
            15.13.2.2. By Technology
            15.13.2.3. By Industry
    15.14. China
        15.14.1. Pricing Analysis
        15.14.2. Market Share Analysis, 2021
            15.14.2.1. By Solution
            15.14.2.2. By Technology
            15.14.2.3. By Industry
    15.15. Japan
        15.15.1. Pricing Analysis
        15.15.2. Market Share Analysis, 2021
            15.15.2.1. By Solution
            15.15.2.2. By Technology
            15.15.2.3. By Industry
    15.16. South Korea
        15.16.1. Pricing Analysis
        15.16.2. Market Share Analysis, 2021
            15.16.2.1. By Solution
            15.16.2.2. By Technology
            15.16.2.3. By Industry
    15.17. Australia
        15.17.1. Pricing Analysis
        15.17.2. Market Share Analysis, 2021
            15.17.2.1. By Solution
            15.17.2.2. By Technology
            15.17.2.3. By Industry
    15.18. New Zealand
        15.18.1. Pricing Analysis
        15.18.2. Market Share Analysis, 2021
            15.18.2.1. By Solution
            15.18.2.2. By Technology
            15.18.2.3. By Industry
    15.19. GCC Countries
        15.19.1. Pricing Analysis
        15.19.2. Market Share Analysis, 2021
            15.19.2.1. By Solution
            15.19.2.2. By Technology
            15.19.2.3. By Industry
    15.20. South Africa
        15.20.1. Pricing Analysis
        15.20.2. Market Share Analysis, 2021
            15.20.2.1. By Solution
            15.20.2.2. By Technology
            15.20.2.3. By Industry
    15.21. Israel
        15.21.1. Pricing Analysis
        15.21.2. Market Share Analysis, 2021
            15.21.2.1. By Solution
            15.21.2.2. By Technology
            15.21.2.3. By Industry
16. Market Structure Analysis
    16.1. Competition Dashboard
    16.2. Competition Benchmarking
    16.3. Market Share Analysis of Top Players
        16.3.1. By Regional
        16.3.2. By Solution
        16.3.3. By Technology
        16.3.4. By Industry
17. Competition Analysis
    17.1. Competition Deep Dive
        17.1.1. Apple, Inc
            17.1.1.1. Overview
            17.1.1.2. Product Portfolio
            17.1.1.3. Profitability by Market Segments
            17.1.1.4. Sales Footprint
            17.1.1.5. Strategy Overview
                17.1.1.5.1. Marketing Strategy
        17.1.2. Bluedot Innovation
            17.1.2.1. Overview
            17.1.2.2. Product Portfolio
            17.1.2.3. Profitability by Market Segments
            17.1.2.4. Sales Footprint
            17.1.2.5. Strategy Overview
                17.1.2.5.1. Marketing Strategy
        17.1.3. Embertel
            17.1.3.1. Overview
            17.1.3.2. Product Portfolio
            17.1.3.3. Profitability by Market Segments
            17.1.3.4. Sales Footprint
            17.1.3.5. Strategy Overview
                17.1.3.5.1. Marketing Strategy
        17.1.4. DreamOrbit
            17.1.4.1. Overview
            17.1.4.2. Product Portfolio
            17.1.4.3. Profitability by Market Segments
            17.1.4.4. Sales Footprint
            17.1.4.5. Strategy Overview
                17.1.4.5.1. Marketing Strategy
        17.1.5. Esri
            17.1.5.1. Overview
            17.1.5.2. Product Portfolio
            17.1.5.3. Profitability by Market Segments
            17.1.5.4. Sales Footprint
            17.1.5.5. Strategy Overview
                17.1.5.5.1. Marketing Strategy
        17.1.6. Factual Inc.
            17.1.6.1. Overview
            17.1.6.2. Product Portfolio
            17.1.6.3. Profitability by Market Segments
            17.1.6.4. Sales Footprint
            17.1.6.5. Strategy Overview
                17.1.6.5.1. Marketing Strategy
        17.1.7. GPSWOX
            17.1.7.1. Overview
            17.1.7.2. Product Portfolio
            17.1.7.3. Profitability by Market Segments
            17.1.7.4. Sales Footprint
            17.1.7.5. Strategy Overview
                17.1.7.5.1. Marketing Strategy
        17.1.8. InVisage Technologies
            17.1.8.1. Overview
            17.1.8.2. Product Portfolio
            17.1.8.3. Profitability by Market Segments
            17.1.8.4. Sales Footprint
            17.1.8.5. Strategy Overview
                17.1.8.5.1. Marketing Strategy
        17.1.9. Upland Localytics
            17.1.9.1. Overview
            17.1.9.2. Product Portfolio
            17.1.9.3. Profitability by Market Segments
            17.1.9.4. Sales Footprint
            17.1.9.5. Strategy Overview
                17.1.9.5.1. Marketing Strategy
        17.1.10. LocationSmart
            17.1.10.1. Overview
            17.1.10.2. Product Portfolio
            17.1.10.3. Profitability by Market Segments
            17.1.10.4. Sales Footprint
            17.1.10.5. Strategy Overview
                17.1.10.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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