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News  ›  GlobeNewswire Inc.

Geofencing Market Set for Strong Growth to USD 15.97 Billion by 2033, Driven by Expanding Location-Based Marketing and IoT Adoption | Research by SNS Insider

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Sns Insider
Geofencing Market Set for Strong Growth to USD 15.97 Billion by 2033, Driven by Expanding Location-Based Marketing and IoT Adoption | Research by SNS Insider

The geofencing market is projected to grow from USD 3.37 billion in 2025 to USD 15.97 billion by 2033, driven by advancements in GPS, mobile, and IoT technologies, with significant adoption in marketing, asset tracking, and security applications.

Insights
NVDA   positive

Key GPU provider for AI infrastructure, mentioned as critical hardware supplier for neocloud services


AAPL   neutral

Mentioned as a key player in the geofencing market without specific recent developments