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Geofencing Market Status, Future Forecast and Growth Opportunity 2017-2022

The report on the Global Geofencing market covers Industry Size, market valuation by segmentation as well as region, historical trends, dynamics, country-level analysis for every segment and supply chain analysis

(PresseBox) (Northbrook, IL, )
According to a new market research report” Geofencing Market by Component (Solution and Services), Geofencing Type (Fixed and Mobile), Organization Size, Vertical (Transportation & Logistics, Government & Defense, Retail, Healthcare & Life Sciences), and Region - Global Forecast to 2022", published by MarketsandMarkets™, The global geofencing market size is expected to grow from USD 542.7 Million in 2017 to USD 1,825.3 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 27.5%.

The major factors driving the growth of the geofencing market include technological advancements in use of spatial data and increasing applications in numerous industry verticals.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.