Top Geofencing Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Geofencing Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Geofencing industry players.

Geofencing Market Competitive Landscape

The global geofencing market's competitive landscape is dominated by major players providing innovative location-based solutions to multiple industries. Major players are Google, Apple, Verizon, and Geoblink. Google and Apple utilize their sophisticated mapping and mobile ecosystems, combining geofencing with AI for customized services. Verizon targets smart city solutions, whereas Geoblink provides geospatial analytics, extending its market reach through strategic partnerships and improved data-driven services to fuel growth and innovation.

The startup landscape in the global geofencing market is vibrant, with many innovative companies developing cutting-edge solutions. These startups target varied industries such as retail, transport, and property, with focused geofencing products. Their emphasis on integrating AI, IoT, and big data is shaping the market, allowing customized services and optimized efficiency. Startups are pushing location-based technology limits, delivering adaptive solutions for rising market demand.

  • Established in 2016, PlotProjects offers a complete mobile-based location intelligence platform, which makes it possible for companies to develop geofencing solutions for proximity marketing and customer engagement. PlotProjects Location Intelligence is one of their primary products, through which companies can push real-time promotions and notifications to users according to their geographical location.
  • Founded in 2017, Loom Systems is an artificial intelligence -based log management and predictive analytics vendor. It allows companies to automate root-cause analysis and yield actionable insights from machine data and logs.

Top Player’s Company Profiles

  • Google (USA)
  • Apple (USA)
  • Verizon (USA)
  • Geoblink (Spain)
  • PlotProjects (Netherlands)
  • Geoflex (France)
  • Blueshift (USA)
  • Mapbox (USA)
  • Radar (USA)
  • GroundLevel Insights (USA)
  • Zebra Medical Vision (Israel)
  • TomTom (Netherlands)
  • Geospark Analytics (USA)
  • Sonobi (USA)
  • Foursquare (USA)

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Global Geofencing Market size was valued at USD 5.83 Billion in 2023 poised to grow from USD 6.40 Billion in 2024 to USD 13.59 Billion by 2032, growing at a CAGR of 9.86% in the forecast period (2025-2032).

The global geofencing market's competitive landscape is dominated by major players providing innovative location-based solutions to multiple industries. Major players are Google, Apple, Verizon, and Geoblink. Google and Apple utilize their sophisticated mapping and mobile ecosystems, combining geofencing with AI for customized services. Verizon targets smart city solutions, whereas Geoblink provides geospatial analytics, extending its market reach through strategic partnerships and improved data-driven services to fuel growth and innovation. 'Google (USA)', 'Apple (USA)', 'Verizon (USA)', 'Geoblink (Spain)', 'PlotProjects (Netherlands)', 'Geoflex (France)', 'Blueshift (USA)', 'Mapbox (USA)', 'Radar (USA)', 'GroundLevel Insights (USA)', 'Zebra Medical Vision (Israel)', 'TomTom (Netherlands)', 'Geospark Analytics (USA)', 'Sonobi (USA)', 'Foursquare (USA)'

The rapid growth in smartphone penetration is a key driver for the global geofencing market growth. As more consumers increasingly use mobile phones, companies can utilize geofencing to boost customer interactions in the form of location-based services, offers, and messages. Increased use of mobiles by consumers makes more companies incorporate geofencing technology into targeted advertising.

Increased Integration of AI with Geofencing Technologies: Artificial intelligence integration is emerging as one of the emerging trends in the geofencing industry, allowing for more precise location tracking, targeted marketing, and predictive analytics. The integration helps companies optimize operations and enrich customer experiences using real-time information and automation of geofencing applications.

Why is North America's Digital Infrastructure Considered Mature for Geofencing Implementation?

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Global Geofencing Market
Geofencing Market

Report ID: SQMIG45A2553

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