Europe Geofencing Market Size & Outlook, 2023-2030

The geofencing market in Europe is expected to reach a projected revenue of US$ 1,983.8 million by 2030. A compound annual growth rate of 20.7% is expected of Europe geofencing market from 2024 to 2030.
Revenue, 2023 (US$M)
$532.3
Forecast, 2030 (US$M)
$1,983.8
CAGR, 2024 - 2030
20.7%
Report Coverage
Europe

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Europe geofencing market, 2018-2030 (US$M)

Europe geofencing market, 2018-2030 (US$M)

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Europe geofencing market highlights

  • The Europe geofencing market generated a revenue of USD 532.3 million in 2023.
  • The market is expected to grow at a CAGR of 20.7% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating component in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, France is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 532.3 million
Market revenue in 2030USD 1,983.8 million
Growth rate20.7% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideApple Inc, Saksoft, Simpli.fi, Thumbvista, Gpswox, Esri, LocationSmart, Bluedot, GeoMoby, Upland Localytics, SuccorfishM2M, Visioglobe, Raveon, Urban Airship Inc, MAPCITE, MediaVision


Other key industry trends

  • In terms of revenue, Europe region accounted for 22.4% of the global geofencing market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,919.5 million by 2030.

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Geofencing Market Companies

Name Profile # Employees HQ Website
MediaVision View profile 51-100 London, England, United Kingdom, Europe http://www.mediavisioninteractive.com
MAPCITE View profile 11-50 Sydney, New South Wales, Australia, Oceania https://www.mapcite.com
Urban Airship Inc View profile 251-500 Portland, Oregon, United States, North America https://www.urbanairship.com
Raveon View profile 11-50 Vista, California, United States, North America https://www.raveon.com/
Visioglobe View profile 11-50 Montbonnot-saint-martin, Rhone-Alpes, France, Europe http://visioglobe.com/
SuccorfishM2M View profile 11-50 North Shields, North Tyneside, United Kingdom, Europe https://succorfish.com/
Upland Localytics View profile 1001-5000 Austin, Texas, United States, North America https://uplandsoftware.com/localytics
GeoMoby View profile 11-50 Perth, Western Australia, Australia, Oceania https://www.geomoby.com
Bluedot View profile 11-50 Austin, Texas, United States, North America https://bluedot.io/
LocationSmart View profile 11-50 Carlsbad, California, United States, North America https://www.locationsmart.com
Gpswox View profile 1-10 London, England, United Kingdom, Europe http://www.gpswox.com/
Thumbvista View profile 1-10 Charlotte, North Carolina, United States, North America http://Thumbvista.com
Simpli.fi View profile 1001-5000 Fort Worth, Texas, United States, North America http://www.simpli.fi
Saksoft View profile 1001-5000 Chennai, Tamil Nadu, India, Asia http://www.saksoft.com
Esri View profile 5001-10000 Redlands, California, United States, North America https://www.esri.com
Apple Inc View profile 161000 One Apple Park Way, Cupertino, CA, United States, 95014 https://www.apple.com

Europe geofencing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to geofencing market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 59.97% in 2023. Horizon Databook has segmented the Europe geofencing market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe geofencing market databook

  • Our clientele includes a mix of geofencing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe geofencing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe geofencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe geofencing market size, by country, 2018-2030 (US$M)

Europe Geofencing Market Outlook Share, 2023 & 2030 (US$M)

Europe geofencing market size, by country, 2018-2030 (US$M)

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