Geofencing Market Headed for Growth and Global Expansion by 2022

MarketsandMarkets forecast โ€œthe 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%.โ€ The major factors driving the growth of the geofencing market include penetration of the …