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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/
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Meticulousblog.org | Top Market Research Reports Blog – https://meticulousblog.org/
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RhythMedix Launches Next-Generation RhythmStar® SL Cardiac Monitor

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Advancing Remote Cardiac Monitoring with Faster Insights, Greater Comfort, and Seamless Connectivity

MOUNT LAUREL, N.J., April 22, 2026 /PRNewswire/ — RhythMedix, LLC (RhythMedix), a nationwide U.S.-based cardiac monitoring company, today announced the launch of its next-generation RhythmStar® SL cardiac monitoring wearable. The third-generation design significantly enhances the patient experience, improving comfort, wearability, and patient adherence. These advancements are enabled by a compact lead configuration, waterproof IPX-6 rating, and increased battery life.

RhythmStar continues to differentiate through its built-in cellular connectivity, enabling ECG data to be automatically transmitted to the cloud for seamless, prompt review across all monitoring modes – without requiring device return by mail for data processing.

When paired with the company’s proprietary Augmented Arrhythmia Intelligence™ (AAI), RhythmStar SL delivers precise arrhythmia detection by combining advanced algorithms with a multi-layered data review process.

“RhythmStar represents our commitment to delivering a better way to monitor, one that prioritizes both patient comfort and clinical performance,” said Brian Pike, CEO of RhythMedix. “By combining a more wearable design with seamless data transmission and expert review, we’re helping clinicians access the insights they need, when they need them.”

“RhythMedix is taking a truly visionary approach to cardiac monitoring by combining patient-friendly design with advanced technology and expert oversight, helping clinicians make more confident, timely decisions,” stated George Shaw, MD, Electrophysiologist at AHN Allegheny Health Network. “It’s a meaningful step forward in how we deliver and manage cardiac care.”

With over 2 million hearts monitored to date, RhythMedix continues to advance remote cardiac monitoring through technology designed to improve both patient adherence and clinical workflow. The company will be exhibiting at HRS 2026 (Booth #531), including in-booth discussions with leading electrophysiologists.

About RhythMedix

Founded in 2013 and headquartered in Mount Laurel, New Jersey, RhythMedix is a fully integrated cardiac monitoring company providing end-to-end device manufacturing, software development, and 24/7 U.S.-based monitoring services. With no third-party dependence, RhythMedix delivers a seamless and secure remote cardiac monitoring experience for clinics, health systems, and patients nationwide.

To learn more, visit rhythmedix.com.

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SOURCE RHYTHMEDIX

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Copyright Enforcement Dialogue 2026 in Taipei Reinforces Regional Public-Private Cooperation Against Digital Piracy

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TAIPEI, April 23, 2026 /PRNewswire/ — On April 22, 2026, the Motion Picture Association (MPA) Asia Pacific concluded the Copyright Enforcement Dialogue: Taipei 2026, convening senior policymakers, law enforcement authorities, judicial representatives, and industry experts from across Asia–Pacific to advance coordinated action against copyright infringement and digital piracy, ahead of World Intellectual Property Day on April 26.

Organised in collaboration with the Alliance for Creativity and Entertainment (ACE) and the Homeland Security Investigations (HSI), with the participation of international and local enforcement agencies, the dialogue reinforced the importance of cross border collaboration, effective regulatory frameworks, and public–private partnerships to protect intellectual property and support the creative economy.

In her welcome address, Sue Wang, Deputy Minister of Culture and Chairperson of the Taiwan Creative Content Agency (TAICCA), underscored the role of copyright protection in sustaining a healthy creative ecosystem: “The foundation of culture is copyright protection. If there was no copyright protection, there would no culture in the world. Therefore, copyright protection is the core of every culture.”

Across four expert panels, participants examined the evolving piracy landscape, shared regulatory and enforcement challenges, the role of public–private collaboration in real–world enforcement, and the growing threat posed by illegal streaming devices, drawing on legal, technical, and investigative perspectives. A dedicated piracy case study session led by Taiwan’s law enforcement authorities showcased recent investigative efforts and reinforced the value of information–sharing and technical cooperation.

Addressing Taiwan’s enforcement framework, Hung Sheng-I, Director of the Copyright Division at the Intellectual Property Office, Ministry of Economic Affairs, said, “By integrating the Set-Top Box Act with domain seizure and follow-the-money mechanisms, Taiwan has established a comprehensive and enforceable framework that serves as a powerful shield for IP protection in the digital environment.”

Itae Choi, Executive Director of the Copyright Overseas Promotion Association (COA), said: “We must be grateful to all users who love and enjoy our content. It is essential to widely communicate the value of their voluntary and legal use, so that those who consume it unlawfully may be encouraged to join them. To this end, we will intensify our efforts in raising awareness and fostering a culture of respect among content users.”

Choi also emphasized the central role of cooperation in effective copyright enforcement: “Cooperation is vital in every field, but it is especially crucial in addressing copyright infringement. Private sector efforts cannot succeed without the collaboration of public authorities such as law enforcement and the judiciary. We are, in effect, running a three–legged race together — and to win, we must stay in step with one another.”

Noting the level of international participation, James Cheatley, Vice President, VOD, Digital Affairs and Intellectual Property, Asia Pacific at the Motion Picture Association, said the dialogue reflected the shared nature of the challenge posed by piracy: “We have industry leaders, government policymakers, and law enforcement experts from five countries taking part in this dialogue. That level of international cooperation reflects the reality that piracy is a shared challenge — one that requires coordinated approaches and collective solutions across governments, enforcement authorities, and industry.”

Tatsuya Otsuka, Deputy Senior Director of International Affairs of Content Overseas Distribution Association (CODA), said, “Strengthening cross-border collaboration is essential to ensure effective anti-piracy measures. This dialogue provided a wonderful opportunity for us to share challenges and insights and continue to advance international efforts to combat piracy.”

Toshinao Yamazaki, Director of the Intellectual Property Affairs Division at Japan’s Ministry of Foreign Affairs, said sustained dialogue was key to long–term protection of creative industries: “Ultimately, protecting the creative ecosystem hinges on robust public-private collaboration and sustained international dialogue. I am confident this Copyright Enforcement Dialogue 2026 will serve as a pivotal step to further enrich the global IP ecosystem and collectively build a more prosperous and sustainable future.”

In closing remarks, Dawn Barriteau, Vice President, Content Protection, Asia Pacific, Motion Picture Association, reaffirmed MPA and ACE’s commitment to working with governments and enforcement partners across the region to strengthen copyright protection and disrupt piracy networks.

“Effective copyright enforcement is not just about protecting content — it is about protecting jobs, investment, and the long-term health of the creative industries. Today’s dialogue demonstrates how industry, governments, and law enforcement can work together to address piracy with practical, coordinated solutions.” Barriteau added that continued regional cooperation is essential as piracy networks become increasingly sophisticated and transnational: “No single stakeholder can address digital piracy alone. Meaningful progress depends on sustained public–private collaboration, information–sharing, and strong policy frameworks that keep pace with technological change.”

The Copyright Enforcement Dialogue: Taipei 2026, held in the lead-up to World Intellectual Property Day, builds on MPA’s longstanding collaboration with regional stakeholders and reflects a continued focus on practical enforcement solutions, policy dialogue, and capacity building to support Asia Pacific’s creative economy.

View images here.

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SOURCE Motion Picture Association (MPA) Asia Pacific

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Form.io Launches Enterprise-Grade Toolset for Governed Agentic Coding

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New MCP Server, Skills, Agentic Coding Plugin, and Universal Agent Gateway (UAG) keep AI-generated applications on the rails for enterprise development teams.

DALLAS, April 22, 2026 /PRNewswire/ — Form.io, the enterprise data platform trusted by regulated industries and government agencies worldwide, today announced the introduction of its Model Context Protocol (MCP) Server, Skills, and Agentic Coding Plugin, adding to the existing Universal Agent Gateway (UAG). Together, this comprehensive purpose-built toolset brings schema-governed infrastructure to agentic coding environments. The release equips enterprise development teams with the tools to harness AI coding agents like Claude Code, Cursor, and Windsurf, while maintaining the architectural consistency, compliance posture, and data governance required by regulated organizations.

As agentic coding accelerates across the enterprise, organizations are discovering that velocity without standardization creates technical debt at an unprecedented pace. Applications generated across independent teams can diverge in architecture, data handling, and compliance posture — creating fragmentation at scale and introducing the need for additional resources and controls to manage the process. This ultimately undermines the efficiency gains of new agentic coding processes.

“Labor used to be the pain point for enterprises. Now it’s chaos”, said Heather Hornor, COO of Form.io. “Five teams solving the same problem, five different ways, without any standardization, because each AI agent made a different decision, is a problem. This problem isn’t new, but it’s surfacing faster and more disruptively than ever before. Thankfully, it’s solvable at the infrastructure layer – where systems can be governed, monitored, and audited continuously over time. Form.io provides that layer, from development through runtime. And we’re the only company delivering it inside the customer’s own self-hosted development and runtime environments.”

The Toolset

MCP Server: Connects to the customer’s self-hosted Form.io deployment. AI coding agents receive governed access to read, create, and scaffold the full data layer — forms, resources, actions, APIs — without data leaving the enterprise security boundary.Skills: Platform specific guidance that teaches AI agents how to build applications leveraging Form.io — applying standardized compliance-ready data patterns by default instead of improvising per project.Agentic Coding Plugin: Integrates Form.io’s MCP Server and Skills directly into the developer’s coding environment, enabling AI agents to automatically trigger tools and apply standardized patterns based on prompt context. Coordinates interactions between MCP tools and Skills so complex, form-based applications can be built entirely within the agentic coding interface.

“This is the logical extension of the JSON-based, open-source platform we’ve been building for more than a decade,” said Travis Tidwell, CTO and Co-founder of Form.io. “The same open architecture that made Form.io extensible for human developers makes it the natural foundation for agentic development processes.”

The new build-time toolset operates independently from Form.io’s Universal Agent Gateway (UAG), the company’s runtime governance layer for production agentic workflows. Together, they provide enterprises with governance and auditability across the full lifecycle of agentic coded software — from the first prompt in a developer’s Agentic Coding Plugin to the production workflows running in regulated environments.

For organizations adopting governed agentic coding, the Form.io MCP Server, Skills, Agentic Coding Plugin, and UAG are part of Form.io’s enterprise-grade agentic coding toolset. Explore the full toolset at https://form.io/ai/

For agentic workflows in production, visit the Universal Agent Gateway at https://form.io/uag/

Enterprises can learn more, request a demo, or get started at form.io

About Form.io: Form.io is the enterprise application infrastructure platform where a single JSON schema governs everything a modern application needs — including data collection UIs, validation rules, workflow actions, data models, and auto-generated APIs with RBAC.

One schema. One source of truth. One governance layer. That’s a form.

Form.io’s self-hosted platform serves regulated industries and government agencies requiring architectural consistency, data sovereignty, and formal compliance — including central banking groups across the US, EU, and Australia, global government agencies, and leading organizations in healthcare, financial services, and insurance.

Headquartered in Dallas, Texas. Visit form.io.

For press inquiries and additional information, please contact: media@form.io

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SOURCE Form.io LLC

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