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Global Geofencing Market to Witness Significant Growth in the Coming Years

Global market for geofencing is poised to expand at a stellar CAGR of 30.0% and generate revenues worth over US$ 2 billion by the end of 2022.


Albany, NY -- (SBWIRE) -- 12/04/2017 -- Market Research Hub (MRH) has added a new publication in its repository named "Geofencing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2022." The report offers comprehensive insights and analysis that are covered by a several range of data and vital statistics. According to the report, significant progresses commenced by these competitors have also been considered to estimate their impact in the development of the worldwide geofencing market during the period of forecast 2017-2022.

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Global Geofencing Market: Report Outline

The study report presents comprehensive exploration on various factors persuading the growth aspects of the worldwide market for geofencing. The report also offers a potency map that highlights the existence of the key players across the region in the global geofencing market. These companies have been comprehensively described in the segment committed to revealing the competition background in the geofencing market. Present market strategic and upright accomplishments of market competitors have been included in this sector. The report also presents market overview and executive summary that provides an outlook on the estimated market size through and wide-ranging summary of the segmental development, the report gives the year-over-year growth statistics and total dollar prospects.

Global Geofencing Market: Research Methodology

The report leverages an exhaustive primary as well as secondary market research process to estimate the market valuation of the global geofencing market. This report provides market size projections in US dollars. Relevant market statistics have been derived after interviewing key stakeholders and manufacturers in the worldwide geofencing market. Data has also been acquired through in-depth secondary research that includes sources such as company annual reports, investor presentations, and company websites to derive near correct market statistics. The report offers a prediction by value for geofencing market. The report also analyzes the global geofencing market after studying metrics such as Y-o-Y growth to help key market stakeholders understand future prospects expected to emerge in the international geofencing market. However, tailor-made accredited interviews and formulas with company councils have instrumented the dependability of this corporate document. In-depth insights have been provided with their qualitative market size estimates to ensure the competitors in the worldwide genofencing market to take well-versed assessment via this report.

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Global Geofencing Market: Segmental Analysis

The world wide geofencing market is segmented on the basis of region, by end-use industry, on the basis of the component, and based on the type of network. Based on the component, the worldwide genofencing market is divided into smart sensors, software application and RFID tag. On the basis of network, the global genofencing market is bifurcated into unlicensed low power technology and cellular. Based on the end-use industries, the international market for geofencing is categorized into healthcare and life sciences, aerospace and defense, transportation and logistics, retail, and others. At last, the report segments the global market for geofencing on the basis of regions which include, MEA (Middle East & Africa) ,North America (US and Canada), Latin America (Brazil, Argentina, Mexico, etc.), APEJ (Asia-Pacific excluding Japan), Europe (Western, European and Eastern European countries), and Japan. Additionally, the supplementary facts are also been provided in this report which includes country-specific forecast and cross-segmental analysis.

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