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Geofencing Market to Be Worth $12.7 Billion by 2031 – Exclusive Report by Meticulous Research®

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REDDING, Calif., Nov. 25, 2024 /PRNewswire/ — According to a new market research report titled ‘Geofencing Market by Offering (Solutions, Services), Type (Fixed Geofencing, Mobile Geofencing), Connectivity Technology (Passive Geofencing), Organization Size, End-use Industry (Retail & Consumer Goods) and Geography—Global Forecast to 2031.’

The geofencing market is projected to reach $12.7 billion by 2031, at a CAGR of 23.6% during the forecast period 2024–2031.

Geofencing is a technology that establishes a virtual perimeter around a physical location using geographic coordinates. It enables automated responses or notifications when a device enters or exits this designated area. This method is widely utilized for various purposes, including targeted marketing, security monitoring, fleet management, and enhancing personalized user experiences.

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The market’s growth is driven by factors such as the rising demand for location-based services, the increasing use of spatial data and analytics tools, and the growing demand for geofencing solutions within the retail sector. However, concerns regarding privacy and data security restrain this growth.

Additionally, the growing adoption of geofencing solutions by small and medium-sized enterprises (SMEs) and the integration of these solutions with Internet of Things (IoT) devices are expected to offer market growth opportunities. However, misconceptions and a lack of understanding about geofencing solutions are some of the challenges hindering the market’s growth.

The geofencing market is segmented by offering (solutions, services (deployment & integration services, support & maintenance services, consulting and advisory services, and API management and testing services), type (fixed geofencing, mobile geofencing), connectivity technology (active geofencing, passive geofencing), organization size (large enterprises, small & medium-sized enterprises), end-use industry (transportation & logistics, retail & consumer goods, healthcare, media and entertainment, BFSI, government, industrial manufacturing, and other end-use industries). The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Among the Offerings studied in this report, the services segment is expected to register a higher CAGR during the forecast period. The rising demand for geofencing services that provide real-time location-based insights, an increasing need for comprehensive implementation and support services to optimize the performance of location-based applications, and a growing need for API management and testing services are expected to support the growth of this segment.

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Among the types studied in this report, the mobile geofencing segment is expected to register a higher CAGR during the forecast period. The increasing number of smartphone users, the rising demand for mobile geofencing to deliver real-time notifications and alerts based on user movements, the integration of mobile geofencing with IoT devices, and the growing use of mobile geofencing to enhance in-store customer experiences are expected to support the growth of this segment.

Among the connectivity technology types studied in this report, the passive geofencing segment is expected to register a higher CAGR during the forecast period. The increasing demand for passive geofencing in attendance tracking, its applications in the retail sector, and the rising need to monitor patients’ locations within healthcare settings are expected to support the growth of this segment.

Among the organization sizes studied in this report, the small & medium enterprises segment is expected to register a higher CAGR during the forecast period. The increasing demand for geofencing solutions to enhance operational efficiency and a growing reliance on these technologies to boost productivity are expected to support the growth of this segment.

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Among the end-use industries studied in this report, the transportation & logistics segment is expected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing demand for real-time monitoring of vehicles and the need for geofencing to manage traffic conditions. Additionally, geofencing offers numerous benefits to the transportation & logistics industry, including enhanced fleet management, improved operational efficiency, increased safety, and higher customer satisfaction.

Among the regions studied in this report, Asia-Pacific is expected to register the highest CAGR of 25.0% during the forecast period. The growth of this regional market is driven by the increasing demand for geofencing solutions in the retail & consumer goods sector, the rising adoption of these solutions among SMEs, and the integration of geofencing with machine learning and IoT technologies. Additionally, significant infrastructure development in countries such as China, South Korea, Japan, and India, along with the rapid growth of regional economies, technological advancements, and increased investment from market players, are contributing to the growth of this market.

The key players operating in the geofencing market include Bluedot Innovation (U.S.), Radar Labs, Inc. (U.S.), Infillion (U.S.), Mapsted Corp. (Canada), Geomoby Pty Ltd. (Australia), Esri (U.S.), LocationSmart (U.S.), Apple, Inc. (U.S.), GeoComply Solutions Inc. (Canada), Raveon Technologies (U.S.), PlotProjects B.V. (Netherlands), and IBM Corporation (U.S.).

Geofencing Industry Overview: Latest Developments from Key Market Players

In October 2023, Radar Labs, Inc. (U.S.) launched its fraud detection and geo-compliance solution, a developer-friendly and cost-effective geolocation tool designed for the gaming industry and other sectors.In March 2022, Radar Labs, Inc. (U.S.) partnered with Olo (U.S.) to reduce wait times for order-ahead and pickup services for leading quick-service restaurants (QSRs). Radar’s geofencing and trip tracking solutions automatically send orders placed through Olo to a restaurant’s kitchen when customers are nearing arrival, ensuring order freshness and minimizing customer wait times.

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Scope of the Report:

Geofencing Market Assessment—by Offering

SolutionsServicesDeployment & Integration ServicesSupport & Maintenance ServicesConsulting and Advisory ServicesAPI Management and Testing Services

Geofencing Market Assessment—by Type

Fixed GeofencingMobile Geofencing

Geofencing Market Assessment—by Connectivity Technology

Active GeofencingPassive Geofencing

Geofencing Market Assessment—by Organization Size

Large EnterprisesSmall & Medium-sized Enterprises

Geofencing Market Assessment—by End-use Industry

Transportation & LogisticFleet ManagementAsset MonitoringRoute OptimizationOther Transportation & Logistic ApplicationsRetail & Consumer GoodsMarketing and PromotionsIn-store NavigationInventory ManagementOther Retail & Consumer Goods ApplicationsHealthcarePatient Management and EngagementEmergency Response and ManagementOther Healthcare ApplicationsMedia & EntertainmentEvent Management and PromotionLocation-Based AdvertisingBehavior TrackingOther Media and Entertainment ApplicationsGovernment and DefenseSecurity and SurveillanceAccess ControlOther Government and Defense ApplicationsIndustrial ManufacturingWorkforce ManagementAsset Tracking and ManagementOther Industrial Manufacturing ApplicationsBFSICustomer Engagement and MarketingInsuranceOther BFSI ApplicationsOther End-use Industries

Geofencing Market Assessment—by Geography

North AmericaU.S.CanadaEuropeU.K.GermanyFranceSpainItalySwitzerlandPolandRest of EuropeAsia-PacificChinaJapanIndiaSingaporeSouth KoreaAustralia & New ZealandRest of Asia-PacificLatin AmericaMexicoBrazilRest of Latin AmericaMiddle East & AfricaUAEIsraelRest of Middle East & Africa

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Location-based Services Market by Component, Technology (GNSS, GPS), Application (Navigation, Tracking), Location Type, End-use Industry (Government and Public Sector, Transportation & Logistics, Smart Cities), and Geography – Global Forecast to 2031 – https://www.meticulousresearch.com/product/location-based-services-market-5252

Asia-Pacific Location-based Services Market by Component, Technology (GNSS, GPS), Application (Navigation, Mapping, GIS), Location Type, End-use Industry (Transportation & Logistics, Retail & E-commerce), and Geography – Forecast to 2031 – https://www.meticulousresearch.com/product/asia-pacific-location-based-services-market-5784

Real Time Location Systems Market by Offering (Hardware, Software, Services), Technology (RFID, BLE, UWB, NB-IoT), Deployment, Location, Application (Asset Tracking, Sensing & Monitoring, Vehicle, Security), Sector, and Geography – Global Forecast to 2030 – https://www.meticulousresearch.com/product/real-time-location-systems-market-5586

Connected Logistics Market by Offering, Transportation Mode (Roadways, Railways), Application (Inventory Tracking, Real-Time Fleet Management, others), End-use Industry (Automotive, Healthcare & Pharmaceuticals, Others), and Geography – Global Forecast to 2029 – https://www.meticulousresearch.com/product/connected-logistics-market-5363

Artificial Casings Market Research Summary

Particulars

Details

Number of Pages

350

Format

PDF

Forecast Period

2024–2031

Base Year

2024

CAGR (Value)

23.6 %

Market Size (Value)

$12.7 Billion by 2031

Segments Covered

By Offering

SolutionsServicesDeployment & Integration ServicesSupport & Maintenance ServicesConsulting and Advisory ServicesAPI Management and Testing Services

By Type

Fixed GeofencingMobile Geofencing

By Connectivity Technology

Active GeofencingPassive Geofencing

By Organization Size

Large EnterprisesSmall & Medium-sized Enterprises

By End-use Industry

Transportation & LogisticFleet Management   Asset Monitoring   Route Optimization   Other Transportation & Logistic Applications   Retail & Consumer Goods     Marketing and Promotions   In-store Navigation   Inventory Management   Other Retail & Consumer Goods Applications   Healthcare     Patient Management and Engagement   Emergency Response and Management   Other Healthcare Applications   Media and Entertainment     Event Management and Promotion   Location-Based Advertising   Behavior Tracking   Other Media and Entertainment Applications   Government and Defense     Security and Surveillance   Access Control   Other Government and Defense Applications   Industrial Manufacturing     Workforce Management   Asset Tracking and Management   Other Industrial Manufacturing Applications   BFSICustomer Engagement and MarketingInsuranceOther BFSI ApplicationsOther End-use Industries

Countries Covered

North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Switzerland, Poland, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Singapore, South Korea, Australia & New Zealand, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America) and the Middle East & Africa (UAE, Israel, Rest of Middle East & Africa)

Key Companies

Bluedot Innovation (U.S.), Radar Labs, Inc. (U.S.), Infillion (U.S.), Mapsted Corp. (Canada), Geomoby Pty Ltd. (Australia), Esri (U.S.), LocationSmart (U.S.), Apple, Inc. (U.S.), GeoComply Solutions Inc. (Canada), Raveon Technologies (U.S.), PlotProjects B.V. (Netherlands), and IBM Corporation (U.S.).

Contact:
Meticulous Market Research Pvt.Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Meticulousblog.org | Top Market Research Reports Blog – https://meticulousblog.org/
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Cambium Networks Introduces High Density Wi-Fi 7 Solution for the Enterprise

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New tri-band, software-definable Wi-Fi 7 solution delivers precision directive coverage with AI optimization for exhibition halls, auditoriums, warehouses, and other high-density environments.

HOFFMAN ESTATES, Ill., July 22, 2026 /PRNewswire/ — Cambium Networks, a leading global provider of networking solutions, today announced a new Wi-Fi 7 high-density access point – the X7-56X – engineered to deliver high-performance wireless connectivity in the most demanding environments. Designed to meet the needs of large public venues, exhibition halls, busy public spaces, and educational campuses, the solution combines focused RF coverage, AI-driven optimization, and cloud-managed simplicity in a high-capacity platform.

The X7-56X extends Cambium Networks’ Wi-Fi 7 portfolio with a software-definable tri-band architecture featuring 60° x 60° directive antennas designed for precision coverage and reduced co-channel interference in congested RF environments. The platform supports up to 1,280 clients per access point and up to 17.9 Gbps aggregate wireless capacity across the three Wi-Fi spectrum bands.

“The X7-56X performed very well in our ticket scanning points that have high ceilings and see significant foot traffic volume,” said Jonathan West from the National Ice Centre in Nottingham, UK. “What makes this AP practical for a venue like ours is the integrated 60×60 degree antennas that eliminate separate antennas and cabling and can add significant cost, complexity, and footprint to every mount. Engineering all of that into one unit expedites installation and improves aesthetics as well. This form factor will extend to applications in our seating bowl as well.” 

“What excites me about the X7-56X is how well its directional approach works for some of our toughest spaces, such as auditoriums at capacity or the basketball arena on game night,” said Jeremy Petticrew, Network Engineer at University of Mary Hardin-Baylor. “Precisely controlling Wi-Fi coverage has always been the hard part, and having an AP designed specifically for that, inside a platform we already trust, is a real advantage as device counts keep climbing.”

The X7-56X integrates with Cambium’s ONE Network architecture comprised of Wi-Fi, switching, security, SD-WAN, wireless backhaul, and fiber – all managed through the cloud via cnMaestro™ X. This unified approach provides centralized visibility and control across the entire network infrastructure from a single source of truth.

The new solution provides a compelling Total Cost of Ownership (TCO) proposition by reducing the amount of equipment required in typical installations. These advantages are enabled by:

Directive antennas that focus Wi-Fi coverage only where needed – a spotlight approach vs. the floodlight type of inefficiencies of omni-directional antennas

Integrated Wi-Fi controller in every AP, eliminating the need for separate appliance or VM-based controller solutions

Software-defined radios that enable flexible deployment of the 5GHz and 6GHz Wi-Fi bands matched to environment needs, reducing the number of APs required

Key capabilities of the X7-56X include:

Tri-radio, tri-band Wi-Fi 7 architecture

4×4 MU-MIMO support with ten total spatial streams

60° x 60° directive antenna for precision coverage

Air Cleaner technology for high-density RF optimization

AI-based Assurance for improved operational efficiency and problem resolution

Software-definable radios supporting flexible 5 GHz and 6 GHz migration

Built-in IoT radio supporting BLE 5.1, Zigbee, Matter, and Thread

Simplified installation with the MarketApps Installer mobile-based app and flexible mounting options

Cloud-based management through cnMaestro™

“High-performance Wi-Fi requires more than just raw throughput,” said Bruce Miller, VP Enterprise Product Management at Cambium Networks. “Intelligent RF management, flexible deployment options, and simplified operations are key to support growing device counts, IoT proliferation, and AI-powered applications. The X7-56X was purpose-built for these challenges while at the same time delivering compelling economics for enterprise IT and managed service providers.”

“The X7-56X brings together several technologies that are particularly valuable in high-density environments,” said Kevin Tolly, Founder of The Tolly Group. “The directive antenna design, Wi-Fi 7 architecture, integrated IoT capabilities, and cloud-managed operation provide organizations with a practical approach to supporting growing connectivity requirements while maintaining operational simplicity.”

View the Tolly Group preview video of the X7-56X, showcasing the access point’s ultra-high-density design, Wi-Fi 7 capabilities, deployment flexibility, and performance advantages for demanding enterprise environments.

Cambium Networks’ directional Wi-Fi 7 innovation was recently highlighted by Wi-Fi NOW in an Expert Insights article by CEO and Chairman Claus Hetting.

Watch our webinar replay, “High-Performance Wi-Fi with New Wi-Fi 7 and 6 GHz Solutions.”

About Cambium Networks

Cambium Networks enables service providers, enterprises, industrial organizations, and governments to deliver exceptional digital experiences, and device connectivity, with compelling economics. Our ONE Network platform simplifies management of Cambium Networks’ wired and wireless broadband and network edge technologies. Our customers can focus more resources on managing their business rather than the network. We make connectivity that just works.

Media Contact

pr@cambiumnetworks.com

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OCEAN Launches Portal, the First End-to-End Encrypted Pool Dashboard for Bitcoin Miners

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New customizable dashboard gives miners operation-wide tools without surrendering privacy or identity

MIAMI, July 22, 2026 /PRNewswire/ — Today OCEAN announced the launch of OCEAN Portal, a customizable, end-to-end encrypted dashboard that gives Bitcoin miners a complete view of their operation. PORTAL was unveiled on stage at Mining Disrupt 2026, the world’s largest Bitcoin mining expo and conference, held July 21-23 at the Miami Airport Convention Center, by OCEAN President Mark Artymko. PORTAL is available now, for free, to all miners on OCEAN at portal.ocean.xyz.

OCEAN was built permissionless from the ground up, a deliberate design choice that, like Bitcoin itself, gives miners unhindered access to their own information. Traditional pools organize miner data by storing it on their own servers. OCEAN Portal delivers that same organized, polished experience while keeping miners fully in control: a permissionless, encrypted view of your mining addresses with the look and feel of an enterprise-style dashboard. Miners can combine multiple Bitcoin addresses into a single view, organize addresses by site, and assign human-readable names to sites, workers, and teams. Portal includes site-specific statistics, worker insights, payout information in Bitcoin and fiat, robust reporting tools, and access controls that let operators share full dashboards with their teams or generate expiring read-only links for clients. No account or email is required. Miners sign in with a Bitcoin address and a password they create. The convenience of enterprise dashboards, with the security of OCEAN.

“PORTAL was built in direct response to miner feedback,” said Mark Artymko, President of OCEAN. “Some of our miners told us that a customizable dashboard was the only thing standing between their full stack of hashrate and the pool. OCEAN heard them, and built it.”

PORTAL is powered by Sub-space Locker, an application-independent encrypted storage and access-control system developed by OCEAN. Built on public-key cryptography, Sub-space Locker authenticates users, stores encrypted application data, and controls what each user can access. Encryption and decryption happen locally in the user’s browser, leaving OCEAN and other intermediaries unable to read the underlying data.

“Every mining pool dashboard on earth makes the same trade: your tooling for your identity,” said Jason Hughes, VP of Engineering at OCEAN. “PORTAL refuses that trade. Miners get pool-grade information in the most sovereign way possible. We couldn’t read their data even if we tried.”

Since launching in 2023, OCEAN has focused on returning sovereignty to Bitcoin miners through permissionless, non-custodial pooled mining, fully transparent and auditable TIDES payouts, and DATUM, which puts block template construction back in miners’ hands. PORTAL extends that mission from the pool to the mining operation itself.

OCEAN Portal is available now at portal.ocean.xyz.

About OCEAN

OCEAN is a Bitcoin mining pool built on miner sovereignty. Operated by Mummolin, Inc., OCEAN offers non-custodial payouts, transparent reward accounting, and DATUM, the only pool technology that lets individual miners construct their own block templates.

Media Contact Ian Northon media@ocean.xyz

 

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PlayVS and Scouting America Announce Gaming Activation at the 2026 National Jamboree

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New immersive gaming hub will bring structured esports competition, casual play, and digital citizenship programming to Scouts at Summit Bechtel Reserve

LOS ANGELES, July 22, 2026 /PRNewswire/ — PlayVS, North America’s leading scholastic gaming platform, today announced a partnership with Scouting America to bring a state-of-the-art gaming activation to the 2026 National Jamboree, taking place July 22–31, 2026. One of Scouting America’s premier youth gatherings, the National Jamboree at Summit Bechtel Reserve in West Virginia, brings Scouts together from across the country for adventure, fellowship, skill-building, and shared experiences.

Running throughout the National Jamboree, the PlayVS Arena will offer a rotating schedule of competitive tournaments, leaderboard challenges, casual gaming, and hands-on technology experiences. Designed for Scouts of all experience levels, the activation promotes teamwork, digital citizenship, sportsmanship, and healthy competition while creating a welcoming space for Scouts to connect over a shared passion for gaming. The arena gives Scouts the opportunity to connect with friends, test their skills, and experience organized esports in an environment designed for participation, sportsmanship, and fun.

“At PlayVS, we believe gaming can be a powerful way for young people to build confidence, practice teamwork, and develop meaningful connections,” said Andrew Barnett, Partnership Lead. “Partnering with Scouting America allows us to bring that experience to one of the country’s most iconic youth gatherings and show how structured gaming can complement the values of leadership, fellowship, and skill-building that Scouting has championed for generations.”

The gaming activation will feature a high-tech mobile gaming trailer outfitted with gaming stations, virtual reality experiences, and a professional racing simulator. A dedicated event tent located alongside the trailer will expand the experience with additional console stations for free play, spectating, and community engagement throughout the Jamboree.

PlayVS aims to deliver a memorable gaming experience that brings together the excitement of play with the values of leadership, teamwork, and community.

About PlayVS

PlayVS is North America’s leading scholastic and collegiate gaming platform, helping students unlock the educational, social, and personal benefits of competitive gaming. The company brings together students, coaches, educators, and schools through structured, education-aligned competition across K–12 and college. PlayVS is the official esports partner of the NFHS Network, the Special Olympics, and state and regional organizations across the U.S. and Canada. To learn more, visit playvs.com.

Media Contact:
press@playvs.com

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