Australia Geofencing Market Size & Outlook, 2023-2030
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Australia geofencing market highlights
- The Australia geofencing market generated a revenue of USD 79.5 million in 2023 and is expected to reach USD 330.6 million by 2030.
- The Australia market is expected to grow at a CAGR of 22.6% 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.
Geofencing market data book summary
| Market revenue in 2023 | USD 79.5 million |
| Market revenue in 2030 | USD 330.6 million |
| Growth rate | 22.6% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | Apple 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, Australia accounted for 3.4% of the global geofencing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China geofencing market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 564.2 million by 2030.
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Geofencing Market Scope
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 |
Australia 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 62.26% in 2023. Horizon Databook has segmented the Australia geofencing market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of geofencing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia geofencing market , including forecasts for subscribers. This country databook contains high-level insights into Australia geofencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia geofencing market size, by component, 2018-2030 (US$M)
Australia Geofencing Market Outlook Share, 2023 & 2030 (US$M)
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