Real-time Location Systems Market by Offering (Hardware, Software, Services), Technology, Vertical (Healthcare, Manufacturing, Retail, Education, Govt, Sports), Application Use Case & Region - Global Forecast to 2026
The Real-time Location Systems Market in the current year (2022), is expected to be valued at USD 3.9 billion and reach USD 12.7 billion by 2026, at a CAGR of 26.5%. Real-time location systems (RTLS) are local positioning and tracking systems used to locate and identify objects/people/targets automatically in real time, usually for indoor applications such as within buildings or other contained areas.
Real-time location systems market tags/badges/sensors attached to objects or worn by people communicate wirelessly with fixed receivers/readers/trackers/exciters/reference points/access points installed in the vicinity. Real-time location systems is not a specific type of system or technology but rather a goal that can be accomplished with a variety of systems for locating and managing assets/people.
An RTLS may use different technologies for communication between tags and receivers, depending on the application/use case requirement. Various technologies, such as radio-frequency identification (RFID), wireless fidelity (Wi-Fi), ultrasound, infrared or infrared radiation (IR), ultra-wideband (UWB), and Bluetooth Low Energy (BLE), are used for precise locating or tracking applications in real time.
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Impact of Covid-19 on Real-time Location Systems Market
The RTLS market has been witnessing significant growth over the past years, mainly owing to the high adoption of RTLS solutions in the healthcare, manufacturing and automotive, retail, and transportation and logistics verticals and growing adoption in emerging use cases. However, COVID-19 resulted in lockdowns across various countries, which led to decreased demand for RTLS devices from various verticals, including manufacturing, automotive, retail, healthcare, and transportation and logistics. Nevertheless, in the current scenario, the negative impact of COVID-19 seems to have gone down, and companies are adopting RTLS technology worldwide.
There has been considerable demand for real-time monitoring across verticals such as healthcare, manufacturing, government, and defense. Due to this, companies are adopting RTLS technology at a faster pace. Also, the prices of hardware such as RFID, UWB, and software for real-time location systems have gone down and are estimated to go down in the coming years. These reasons will lead to RTLS market growth post covid.
Market Dynamics
Drivers: High return on investment
Installation of RTLS solutions may result in a reduced number of capital assets or inventory. Real-time location systems solutions precisely track the location of assets, thereby helping industries record when an item is out of service and how long it spends in maintenance, which is an important cost-saving measure. Thus, by leveraging real-time location systems to better understand real-time utilization (dwell times vs. time in use), customers can limit their purchase and avoid owning more equipment than required. Thus, a high return on investment (RoI) can be achieved by preventing unnecessary capital expenditure, ensuring on-time availability of equipment, and minimizing or avoiding maintenance downtime, loss, theft, and day-to-day misplacement.
RTLS solutions improve productivity results by shortening the time they take to locate an asset, which is particularly helpful for transportation, biomedical engineering, and nursing staff. Equipment searches and paperwork related to assets translate into delays for the overall process, adversely impacting productivity. RTLS systems minimize that timeframe and provide real-time data about all these assets with precise location, which leads to better productivity.
RTLS solutions are being increasingly deployed in supply chain operations of different industries to save time and minimize errors while improving the inventory turnover ratio, thereby saving costs and increasing return on investment. Real-time location systems solutions do not just track assets and personnel; they also enable enterprises to manage their assets to boost productivity by analyzing the data captured and forecasting any potential errors.
Many companies are offering big data analytics, along with RTLS, to provide enterprises with increased RoI and enable them to better manage their assets and personnel. In the healthcare industry, RTLS also helps save money by avoiding unnecessary rentals. Hospitals usually rent equipment from medical supply companies. However, the former can be smarter by knowing the location of their equipment and how frequently this equipment are used.
Restraints: Concerns regarding data security and privacy inhibit adoption of RTLS
Data security and privacy are among the major issues faced by personnel/staff in various industries, particularly in the healthcare domain. The threat of cyberattacks in healthcare has never been more prevalent and is a major issue for every organization looking to establish an RTLS entry point into their network and systems. RTLSs are revolutionizing various industries where the efficient utilization of resources is critical.
Real-time location systems provides the whereabouts of individuals at any time and offers the visibility required to keep people safe. However, union members in diverse industries complain that an RTLS solution can be used to monitor specific employees unfairly, that is, their break time and working hours, while in other cases, people are worried about the loss of their freedom.
Moreover, in the US, the amount of electronic data is doubling every three years, driven by the increased use of the Internet, smartphones, social networks, and the growth of machine-generated data, including RFID tags, sensors, and surveillance cameras. For example, the medical and health data of a patient can be disclosed outside the Health Insurance Portability and Accountability Act (HIPAA) protection by several sources while undertaking routine healthcare activities, such as credit card payments for physician visit copays and over-the-counter medications and visits to alternative medical practitioners. Therefore, with the expansion of the digital world, public concern regarding privacy is increasing.
Opportunities: BLE and UWB for indoor proximity services
Indoor location technologies are advancing as industries look for innovative ways to improve customer experiences and increase revenues. From indoor navigation, asset tracking, analytics, and proximity-based services, businesses and organizations are increasingly looking to capitalize on these services. In recent years, BLE Beacons have made a variety of indoor proximity services widely available through their low-cost, easy-to-use solutions. They are applicable for low-accuracy location services where the smartphone can detect proximity to beacons and know in which room or department the user is in. However, the beacons are not sufficient for use-cases with an inherent need for a more accurate position, and that is where the UWB solution comes in, providing accuracy indoors in centimeters.
The UWB spectrum was opened for commercial use in 2005 by the FCC for pulse-based transmission in the 3.1 to 10.6 GHz frequency range. Applications target sensor data collection and precision locating and tracking applications which is the focus here. With UWB, we measure the time it takes a signal to travel from a transmitter to a receiver to calculate the distance in centimeters. This method gives much better distance information than determining distance based on signal strength with iBeacons.
The apps can receive precise location data (less than 20 cm deviation), and location updates can be delivered every 100 ms, if necessary. A user will carry a small UWB tag to monitor their exact location. The tag is equipped with a UWB transmitter and can feed off the phone’s USB port or a coin-size battery with a one-year lifetime. It sends out a ping signal via UWB for every location update and is also equipped with an acceleration meter, which will keep it at rest if it is not moving.
Challenges: Designing RTLS solutions that fulfill high accuracy, high range, and low power consumption requirements
Various real-time location systems solution providers offer different technologies for different applications. These solutions offer various technological advantages, such as high range, low power, and high accuracy. However, RTLS solution providers face the challenge of providing one solution with all the benefits. RTLS comprises hardware and software that are used to continuously track and deliver real-time locations of assets and resources. Tags, readers, or sensors are used to instantly track and monitor assets, people, or any resource of value with extremely high accuracy and mobility anywhere in the area covered by the network. However, RTLS tags face challenges because of a complicated trade-off between accuracy, power consumption, and range. Narrowband tags do not provide the accuracy required by some applications, while wideband tags provide accuracy but offer a limited range; moreover, some wideband tags are large and consume more power.
RTLS vendors must focus on reducing/eliminating the trade-off between range, accuracy, and power consumption. In RTLSs, the number of tags per network cell is an important factor to be considered as they vary depending on the application, such as personnel tracking in a hospital or asset tracking in a warehouse or other facilities. Many tags required for some applications could prove challenging for RTLS systems. Two factors—duration of the transmitted packet and rate of transmission (blink rate)—are important while considering the tag density as these are closely related. By increasing the efficiency of the network protocol and blink rate (short blink interval), the loss of packets may be acceptable and leads to an increase in the overall number of tags while retaining the tracking speed.
Hardware segmentis expected to dominate in the Real-time Location Systems Market during the forecast period
The hardware segment accounted for ~40% share of the total RTLS market in 2020. Hardware such as tags, badges, and readers are critical components in an RTLS and make up for a major part of the cost of the solution, owing to which the segment captured the largest share of the market in 2019. The software segment accounted for ~31% of the total RTLS market in 2020 and is expected to witness the highest growth during the forecast period. Organizations or companies using RTLS are expected to spend a significant amount on support and maintenance services regularly; hence, the RTLS market for services is expected to grow at the highest CAGR during the forecast period.
UWB-based technology isexpected to witnessthe highest CAGRin the RTLS displaymarket during the forecastperiod
The market for UWB-based RTLS solutions is expected to grow at the highest CAGR of 33% during the forecast period. UWB technology based RTLS solutions provide more accurate data than real-time location systems solutions based on other technologies. UWB technology can support locating objects down to the range of a few centimeters. This is highly beneficial in high-intensity operations in the healthcare and manufacturing verticals. The rapid decline in the prices of UWB tags has also resulted in the increased implementation of these tags in RTLS solutions. The manufacturing and logistics industries are likely to be the major contributors to the market's growth for UWB-based RTLS solutions in the coming years.
North America is attributed to hold the largest share in overall RTLSmarket during the forecast period (2021-2026)
North America accounted for the largest share of the RTLS market, and a similar trend is likely to be observed during the forecast period. High demand from the healthcare sector is one of the key factors that has led to the leading position of this region in the RTLS market. Many hospitals and senior living facilities in North America, especially in the US, are using RTLS solutions for various applications. Additionally, several companies offering RTLS solutions have their presence in this region, which further adds to the growth of the RTLS market in North America. Stanley Black & Decker (US), Zebra Technologies (US), Aruba Networks (US), Impinj (US), Savi Technology (US), TeleTracking Technologies (US), and AiRISTA (US) are among a few of the key providers of RTLS solutions in North America.
Being technologically advanced and developed, North America is a leading market for cutting-edge technologies used in real-time applications of tracking and monitoring assets in industries. North America accounted for the largest share of ~44% of the global RTLS market in 2020. The region is one of the largest contributors to the RTLS market for the healthcare vertical due to the healthcare revolution in the region. Moreover, the US is the largest RTLS market in North America, and the growth of the market in the country can be attributed to its well-established economy, which allows for investments in new technologies. The rising adoption of RTLS solutions and increasing adoption of RTLS in healthcare, industrial, manufacturing, and commercial applications are also contributing to the growth of the market in North America.
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Key Market Players
Real-time Location Systems Market was dominated by Stanley Black & Decker (US), Zebra Technologies (US), Aruba Networks (US), Impinj (US), and Savi Technology (US).
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|
Report Metric |
Details |
| Market size value in 2022 | USD 3.9 Billion |
| Market size value in 2026 | USD 12.7 Billion |
| Growth rate | CAGR of 26.5% |
|
Market size available for years |
2017–2026 |
|
Base year |
2020 |
|
Forecast period |
2021–2026 |
|
Units |
Value USD Million and USD Billion |
|
Segments covered |
Offering, Application, Technology, Vertical and Region |
|
Geographic regions covered |
North America, Europe, APAC, and RoW |
|
Companies covered |
The companies covered in the RTLS market are Stanley Black & Decker (US), Zebra Technologies (US), Aruba Networks (US), Impinj (US), Savi Technology (US), TeleTracking Technologies (US), Ubisense (UK), AiRISTA Flow (US), Sonitor (Connecticut), Alien Technology (US), Decawave (Ireland), Redpine Signals (US) CenTrack (US), OpenRTLS (US), Litum Technologies (US), GE Healthcare (US), and BlueIOT (US). |
This report categorizes the Real-time location systems market based on application, panel size, resolution and brightness, vertical, and region.
RTLS Market, By Offering
- Hardware
- Software
- Services
Market, By Technology
- RFID
- Wi-Fi
- UWB
- Bluetooth Low Energy (BLE)
- Infrared (IR)
- Ultrasound
- GPS
- Others
RTLS Market, By Application
- Inventory/asset tracking & management
- Personnel/staff locating & monitoring (includes patient tracking)
- Access control/security
- Environmental monitoring
- Yard, dock, fleet & warehouse management & monitoring
- Supply chain management & operational automation/visibility (includes container tracking and work-in-progress tracking)
- Others
Market, By Vertical
- Healthcare
- Manufacturing and automotive
- Retail
- Transportation and logistics
- Government and defense
- Education
- Oil & gas, mining
- Sports & entertainment
- Others
RTLS Market, By Region
- North America
- Europe
- APAC
- Rest of the World (RoW)
Recent Developments
- In October 2021, Stanley Black & Decker and Eastman announced their partnership to create power tools with a sustainable focus.
- In October 2021, Zebra Technologies announced its partnership with Fetch robotics. This acquisition happened to accelerate the enterprise asset intelligence and growth in intelligent industrial automation by embracing new modes of empowering workflows.
- In November 2020, Datamars Textile ID and Impinj officially sealed their strategic partnership in the RAIN RFID laundry market. This was done to bring the laundry market continuous progress and innovations.
Frequently Asked Questions (FAQ):
Which are the major applications in RTLS market?
The major applications in RTLS market include Healthcare, Manufacturing & Automotive, Retail, Transportation & Logistics, Government & Defence, Education, Oil & Gas, Mining, Sports & Entertainment.
Which are the major companies in the RTLS market?
The Stanley Black & Decker (US), Zebra Technologies (US), Aruba Networks (US), Impinj (US), and Savi Technology (US).
Which are the leading countries in the RTLS market in North America?
US and Canada are the leading countries of North America region in the RTLS market. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 27)
1.1 OBJECTIVES OF STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS
1.3 SUMMARY OF CHANGES
1.4 SCOPE OF STUDY
1.4.1 MARKETS COVERED: REAL-TIME LOCATION SYSTEMS MARKET
FIGURE 1 RTLS MARKET
1.4.2 GEOGRAPHIC SCOPE
1.4.3 YEARS CONSIDERED FOR STUDY
1.5 CURRENCY
1.6 PACKAGE SIZE
1.7 LIMITATIONS
1.8 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 32)
2.1 RESEARCH DATA
FIGURE 2 PROCESS FLOW: MARKET SIZE ESTIMATION
FIGURE 3 RESEARCH APPROACH
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Secondary sources
2.1.2.2 Key secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Key industry insights
2.1.3.2 Primary interviews with experts
2.1.3.3 List of key primary respondents
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up approach
FIGURE 4 MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 5 MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
2.6 RISK ASSESSMENT
TABLE 2 RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 43)
3.1 MARKET: POST COVID-19
3.1.1 REALISTIC SCENARIO(POST-COVID-19)
FIGURE 6 REALISTIC SCENARIO: RTLS MARKET, 2017–2026 (USD MILLION)
3.1.2 PESSIMISTIC SCENARIO (POST-COVID-19)
FIGURE 7 PESSIMISTIC SCENARIO: MARKET, 2017–2026 (USD MILLION)
3.1.3 OPTIMISTIC SCENARIO (POST-COVID-19)
FIGURE 8 OPTIMISTIC SCENARIO: MARKET, 2017–2026 (USD MILLION)
FIGURE 9 IMPACT OF COVID-19 ON MARKET
FIGURE 10 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD
FIGURE 11 UWB TO BE FASTEST-GROWING TECHNOLOGY SEGMENT DURING FORECAST PERIOD
FIGURE 12 EDUCATION, FOLLOWED BY SPORTS & ENTERTAINMENT, TO BE FASTEST-GROWING VERTICALS DURING FORECAST PERIOD
FIGURE 13 NORTH AMERICA CAPTURED LARGEST MARKET SHARE IN 2020
4 PREMIUM INSIGHTS (Page No. - 49)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN REAL-TIME LOCATION SYSTEMS MARKET
FIGURE 14 INCREASING ADOPTION OF RTLS IN APAC DRIVING MARKET GROWTH
4.2 MARKET, BY OFFERING
FIGURE 15 SERVICES MARKET TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 MARKET, BY TECHNOLOGY
FIGURE 16 UWB SEGMENT EXPECTED TO LEAD MARKET IN 2026, IN TERMS OF MARKET SIZE AND CAGR
4.4 MARKET, BY APPLICATION
FIGURE 17 SUPPLY CHAIN MANAGEMENT & OPERATIONAL AUTOMATION/VISIBILITY SEGMENT PROJECTED TO GROW AT HIGHEST CAGR FROM 2021 TO 2026
4.5 MARKET, BY COUNTRY (2021)
FIGURE 18 US ESTIMATED TO HOLD LARGEST SHARE OF MARKET IN 2021
5 MARKET OVERVIEW (Page No. - 52)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 REAL-TIME LOCATION SYSTEMS MARKET : DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 20 IMPACT ANALYSIS: DRIVERS
5.2.1.1 Rise in market competitiveness leading to availability of cost-effective RTLS solutions
5.2.1.2 High return on investment
TABLE 3 TYPICAL RETURN ON INVESTMENT (ROI) IN HOSPITALS WITH RTLS DEPLOYMENT
5.2.1.3 Increase in regulations in various industries to improve safety, workflow, and security to drive market
5.2.1.4 Increase in popularity of UWB technology-based RTLS solutions
5.2.1.5 Ability of RTLS solutions to help healthcare organizations check spread of COVID-19
5.2.2 RESTRAINTS
FIGURE 21 IMPACT ANALYSIS: RESTRAINTS
5.2.2.1 Concerns regarding data security and privacy inhibit adoption of RTLS
5.2.2.2 High costs of installation and maintenance restricts market growth
5.2.2.3 Unsatisfactory results and negative feedback from RTLS end users
5.2.2.4 Stringent government rules and regulations
5.2.3 OPPORTUNITIES
FIGURE 22 IMPACT ANALYSIS: OPPORTUNITIES
5.2.3.1 Growing need for contact-tracing solutions due to COVID-19 pandemic
5.2.3.2 BLE and UWB for indoor proximity services
5.2.3.3 Growth of Hybrid RTLS solutions
5.2.3.4 Focus on Industry 4.0, IoT, and smart manufacturing
5.2.3.5 Emerging applications/use cases of RTLS
5.2.3.6 Soaring demand for RTLS solutions in developing regions
5.2.4 CHALLENGES
FIGURE 23 IMPACT ANALYSIS: CHALLENGES
5.2.4.1 Designing RTLS solutions that fulfill high accuracy, high range, and low power consumption requirements
5.2.4.2 System incompatibility, lack of uniform standards, and interoperability
5.2.4.3 Lack of awareness about RTLS solutions and expert workforce restricting market growth
5.2.4.4 Hindrance in market supply chain due to COVID-19
5.2.4.5 Lack of standards in RTLS market
5.3 VALUE CHAIN ANALYSIS
FIGURE 24 REAL-TIME LOCATION SYSTEMS MARKET VALUE CHAIN
5.3.1 ELECTRONIC EQUIPMENT AND COMPONENTS
5.3.2 CONNECTIVITY TECHNOLOGIES
5.3.3 RTLS HARDWARE AND SOFTWARE
5.3.4 SYSTEM INTEGRATION AND SERVICES
5.3.5 VERTICALS
5.3.6 APPLICATIONS
5.4 PRICING ANALYSIS
5.4.1 RTLS TAG PRICE COMPARISON, BY TECHNOLOGY, 2020
FIGURE 25 PRICE COMPARISON OF RTLS TAGS BASED ON DIFFERENT TECHNOLOGIES
FIGURE 26 COMPARISON OF COST, ACCURACY LEVEL, AND OPERATING RANGE OF RTLS TAGS BASED ON DIFFERENT TECHNOLOGIES
5.5 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 MARKET: PORTER’S FIVE FORCES ANALYSIS, 2020
5.5.1 THREAT OF NEW ENTRANTS
5.5.2 THREAT OF SUBSTITUTES
5.5.3 BARGAINING POWER OF BUYERS
5.5.4 BARGAINING POWER OF SUPPLIERS
5.5.5 DEGREE OF COMPETITION
5.6 TRADE ANALYSIS
FIGURE 27 CARDS INCORPORATING ONE OR MORE ELECTRONIC INTEGRATED CIRCUITS GLOBAL IMPORT DATA, 2016–2020 (USD THOUSAND)
TABLE 5 GLOBAL IMPORTS DATA: CARDS INCORPORATING ONE OR MORE ELECTRONIC INTEGRATED CIRCUITS, 2016-2020 (USD THOUSAND)
FIGURE 28 CARDS INCORPORATING ONE OR MORE ELECTRONIC INTEGRATED CIRCUITS, GLOBAL EXPORTS DATA, 2016–2020 (USD THOUSAND)
TABLE 6 GLOBAL EXPORTS DATA: CARDS INCORPORATING ONE OR MORE ELECTRONIC INTEGRATED CIRCUITS, 2016-2020 (USD THOUSAND)
5.7 ECOSYSTEM
FIGURE 29 REAL-TIME LOCATION SYSTEMS MARKET : ECOSYSTEM
TABLE 7 MARKET: ECOSYSTEM
FIGURE 30 REVENUE SHIFT IN RTLS Market
5.8 CASE STUDY ANALYSIS
5.8.1 UNITED HOSPITAL SERVICES MAINTAINS STRICT HYGIENE AND REDUCES WASTE
5.8.2 MANUFACTURING CHALLENGES SOLVED BY RTLS
5.8.3 SANFORD HEALTH IMPROVES PATIENT EXPERIENCES WITH RTLS TECHNOLOGY
5.8.4 SANFORD HEALTH SUCCESSFULLY IMPROVED EXPERIENCE OF PATIENTS BY IMPLEMENTING RTLS TECHNOLOGY
5.9 TECHNOLOGY ANALYSIS
5.9.1 RTLS TECHNOLOGY COMPARISON
TABLE 8 COMPARISON OF RTLS TAGS BASED ON DIFFERENT TECHNOLOGIES
5.9.2 ZEBRA IS ONE OF THE LARGEST RFID PATENT HOLDERS
5.9.3 HYBRID TECHNOLOGY-FUTURE OF RTLS
5.9.4 UBISENSE RTLS TECHNOLOGY – SOLUTION FOR AUTOMOTIVE
5.9.5 NEW RTLS MODULE TO CUT ACTIVE UWB TAG COST (RFID JOURNAL)
5.10 PATENT ANALYSIS
TABLE 9 NUMBER OF PATENTS REGISTERED IN MARKET IN LAST 10 YEARS
FIGURE 31 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 10 GLOBAL PATENTS PERTAINING TO MARKET
5.11 MARKET REGULATIONS AND STANDARDS
5.11.1 MARKET STANDARDS
5.11.1.1 Omlox
FIGURE 32 BENEFITS OF OMLOX
5.11.1.2 Recent update related to Omlox
5.11.1.3 Adoption of Omlox
5.11.2 MARKET REGULATIONS
TABLE 11 MARKET REGULATIONS IN REAL-TIME LOCATION SYSTEMS MARKET
6 RTLS MARKET, BY OFFERING (Page No. - 85)
6.1 INTRODUCTION
FIGURE 33 MARKET, BY OFFERING
FIGURE 34 HARDWARE SEGMENT TO CONTINUE TO ACCOUNT FOR LARGEST SIZE IN MARKET DURING FORECAST PERIOD
TABLE 12 MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 13 MARKET, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 14 MARKET, BY SOLUTION TYPE, 2017–2020 (USD MILLION)
TABLE 15 MARKET, BY SOLUTION TYPE, 2021–2026 (USD MILLION)
6.2 HARDWARE
6.2.1 IMPACT OF COVID-19 ON RTLS MARKET FOR HARDWARE
FIGURE 35 IMPACT OF COVID-19 ON MARKET FOR HARDWARE
TABLE 16 POST-COVID-19: MARKET FOR HARDWARE, 2017–2026 (USD BILLION)
TABLE 17 REAL-TIME LOCATION SYSTEMS MARKET FOR HARDWARE, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 18 MARKET FOR HARDWARE, BY TECHNOLOGY, 2021–2026 (USD MILLION)
6.2.2 TAGS/BADGES
6.2.2.1 Tags/badges deliver precise accuracy and long-range positioning for high-performance location tracking
6.2.3 READERS/TRACKERS/ACCESS POINTS
6.2.3.1 Readers/trackers/access points provide visibility into exact location of all tagged assets
6.2.4 OTHERS
TABLE 19 MARKET FOR HARDWARE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 20 MARKET FOR HARDWARE, BY TYPE, 2021–2026 (USD MILLION)
TABLE 21 MARKET FOR TAGS/BADGES, BY TECHNOLOGY, 2017–2020 (MILLION UNITS)
TABLE 22 MARKET FOR TAGS/BADGES, BY TECHNOLOGY, 2021–2026 (MILLION UNITS)
6.3 SOFTWARE
FIGURE 36 UWB SEGMENT TO EXHIBIT HIGHEST GROWTH IN MARKET FOR SOFTWARE DURING FORECAST PERIOD
TABLE 23 MARKET FOR SOFTWARE, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 24 REAL-TIME LOCATION SYSTEMS MARKET FOR SOFTWARE, BY TECHNOLOGY, 2021–2026 (USD MILLION)
6.3.1 APPLICATION
6.3.1.1 Application of RTLS software stores and analyzes data gathered by nodes deployed in films
6.3.2 MIDDLEWARE
6.3.2.1 Middleware acts as plumbing between core RTLS components and software applications
6.3.3 LOCATION ANALYTICS ENGINE
6.3.3.1 RTLS software and location engines are brainpower that makes RTLS location systems work
6.4 SERVICES
TABLE 25 RTLS MARKET FOR SERVICES, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 26 MARKET FOR SERVICES, BY TECHNOLOGY, 2021–2026 (USD MILLION)
6.4.1 CONSULTING
6.4.1.1 Consulting services to witness significant growth in market in coming years
6.4.2 SUPPORT AND MAINTENANCE
6.4.2.1 Superior equipment management and preventive maintenance is essential for proper functioning of RTLS
6.4.3 DEPLOYMENT AND INTEGRATION
6.4.3.1 Deployment and integration services ensure optimal performance of RTLS
TABLE 27 REAL-TIME LOCATION SYSTEMS MARKET FOR SERVICES, BY TYPE, 2017–2020 (USD MILLION)
TABLE 28 MARKET FOR SERVICES, BY TYPE, 2021–2026 (USD MILLION)
7 RTLS MARKET, BY TECHNOLOGY (Page No. - 101)
7.1 INTRODUCTION
FIGURE 37 MARKET, BY TECHNOLOGY
FIGURE 38 UWB TECHNOLOGY TO ACCOUNT FOR LARGEST SIZE OF MARKET DURING FORECAST PERIOD
TABLE 29 MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 30 MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION)
7.2 RFID
7.2.1 ACTIVE RFID TECHNOLOGY IS MOST PREFERRED IN RTLS MARKET
FIGURE 39 TYPES OF RFID
FIGURE 40 REAL-TIME LOCATION SYSTEMS MARKET FOR RFID TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 31 MARKET FOR RFID TECHNOLOGY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 32 MARKET FOR RFID TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 33 MARKET FOR RFID TECHNOLOGY, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 34 MARKET FOR RFID TECHNOLOGY, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 35 MARKET FOR RFID TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 36 MARKET FOR RFID TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
7.3 WI-FI
7.3.1 WI-FI BASED RTLS SYSTEMS WILL BE MORE POPULAR AS PRE-EXISTING WI-FI POINTS CAN BE LEVERAGED WITHOUT ANY ADDITIONAL HARDWARE COST
FIGURE 41 SERVICES TO EXHIBIT HIGHEST CAGR IN RTLS MARKET FOR WI-FI TECHNOLOGY DURING 2021–2026
TABLE 37 MARKET FOR WI-FI TECHNOLOGY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 38 MARKET FOR WI-FI TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 39 MARKET FOR WI-FI TECHNOLOGY, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 40 MARKET FOR WI-FI TECHNOLOGY, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 41 MARKET FOR WI-FI TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 42 MARKET FOR WI-FI TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
7.4 UWB
7.4.1 UWB IS POPULAR IN REAL-TIME LOCATION SYSTEMS MARKET DUE TO LOW LATENCY AND HIGH POSITIONING ACCURACY
FIGURE 42 HARDWARE SEGMENT TO HOLD LARGEST SIZE OF MARKET FOR UWB TECHNOLOGY-BASED RTLS SOLUTIONS BY 2026
TABLE 43 MARKET FOR UWB TECHNOLOGY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 44 MARKET FOR UWB TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 45 MARKET FOR UWB TECHNOLOGY, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 46 MARKET FOR UWB TECHNOLOGY, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 47 MARKET FOR UWB TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 48 MARKET FOR UWB TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
7.5 BLUETOOTH LOW ENERGY (BLE)
7.5.1 BLE IS GAINING POPULARITY IN RTLS MARKET, SUPPORTED BY GROWING NUMBER OF WI-FI ACCESS POINT VENDORS
FIGURE 43 SERVICES SEGMENT TO REGISTER HIGHEST CAGR IN MARKET FOR BLE-BASED RTLS SOLUTIONS DURING 2021–2026
TABLE 49 REAL-TIME LOCATION SYSTEMS MARKET FOR BLE TECHNOLOGY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 50 MARKET FOR BLE TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 51 MARKET FOR BLE TECHNOLOGY, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 52 MARKET FOR BLE TECHNOLOGY, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 53 MARKET FOR BLE TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 54 MARKET FOR BLE TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
7.6 INFRARED (IR)
7.6.1 IR IS BEING USED IN COMBINATION WITH WI-FI, RFID, OR UWB TECHNOLOGIES IN ROOM-LEVEL AND SUB-ROOM-LEVEL ACCURACY APPLICATIONS
FIGURE 44 HARDWARE SEGMENT TO HOLD LARGEST SIZE OF MARKET FOR IR-BASED RTLS SOLUTIONS BY 2026
TABLE 55 MARKET FOR INFRARED TECHNOLOGY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 56 MARKET FOR INFRARED TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 57 MARKET FOR INFRARED (IR) TECHNOLOGY, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 58 MARKET FOR INFRARED (IR) TECHNOLOGY, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 59 MARKET FOR INFRARED (IR) TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 60 MARKET FOR INFRARED (IR) TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
7.7 ULTRASOUND
7.7.1 NON-INVASIVE NATURE OF ULTRASOUND TECHNOLOGY HAS RESULTED IN ITS HIGH ADOPTION IN REAL-TIME LOCATION SYSTEMS MARKET
FIGURE 45 SERVICES TO EXHIBIT HIGHEST CAGR IN MARKET FOR ULTRASOUND RTLS SOLUTIONS DURING 2021–2026
TABLE 61 MARKET FOR ULTRASOUND TECHNOLOGY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 62 MARKET FOR ULTRASOUND TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 63 MARKET FOR ULTRASOUND TECHNOLOGY, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 64 MARKET FOR ULTRASOUND TECHNOLOGY, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 65 MARKET FOR ULTRASOUND TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 66 MARKET FOR ULTRASOUND TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
7.8 GPS
7.8.1 GPS COMBINED WITH OTHER TECHNOLOGIES ACHIEVES BETTER ACCURACY IN RTLS SOLUTIONS
FIGURE 46 SERVICES SEGMENT TO WITNESS HIGHEST CAGR IN RTLS MARKET FOR GPS-BASED RTLS SOLUTIONS DURING FORECAST PERIOD
TABLE 67 REAL-TIME LOCATION SYSTEMS MARKET FOR GPS TECHNOLOGY, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 68 MARKET FOR GPS TECHNOLOGY, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 69 MARKET FOR GPS TECHNOLOGY, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 70 MARKET FOR GPS TECHNOLOGY, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 71 MARKET FOR GPS TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 72 MARKET FOR GPS TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
7.9 OTHERS
FIGURE 47 SOFTWARE TO HOLD LARGEST SIZE OF MARKET FOR OTHER TECHNOLOGIES BY 2026
TABLE 73 MARKET FOR OTHER TECHNOLOGIES, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 74 MARKET FOR OTHER TECHNOLOGIES, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 75 MARKET FOR OTHER TECHNOLOGIES, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 76 MARKET FOR OTHER TECHNOLOGIES, BY VERTICAL, 2021–2026 (USD MILLION)
TABLE 77 MARKET FOR OTHER TECHNOLOGIES, BY REGION, 2017–2020 (USD MILLION)
TABLE 78 MARKET FOR OTHER TECHNOLOGIES, BY REGION, 2021–2026 (USD MILLION)
8 RTLS MARKET, BY APPLICATION (Page No. - 133)
8.1 INTRODUCTION
FIGURE 48 MARKET, BY APPLICATION
FIGURE 49 INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION TO LEAD REAL-TIME LOCATION SYSTEMS MARKET SHARE FROM 2021 TO 2026
TABLE 79 MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 80 MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
8.2 INVENTORY/ASSET TRACKING & MANAGEMENT
8.2.1 INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION TO CONTINUE TO CAPTURE LARGEST SIZE OF MARKET DURING FORECAST PERIOD
8.2.2 IMPACT OF COVID-19 ON MARKET FOR INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION
FIGURE 50 IMPACT OF COVID-19 ON RTLS MARKET FOR INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION
TABLE 81 REAL-TIME LOCATION SYSTEMS MARKET FOR INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION, BY POST-COVID SCENARIO, 2017–2026 (USD BILLION)
TABLE 82 MARKET FOR INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 83 MARKET FOR INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION, BY VERTICAL, 2021–2026 (USD MILLION)
8.3 PERSONNEL/STAFF LOCATING & MONITORING (INCLUDES PATIENT TRACKING)
8.3.1 REAL-TIME MONITORING IN HEALTHCARE SEGMENT EXPECTED TO HAVE HIGHEST MARKET SHARE FOR PERSONNEL/STAFF LOCATING & MONITORING APPLICATIONS DURING FORECAST PERIOD
8.3.2 IMPACT OF COVID-19 ON MARKET FOR PERSONNEL/STAFF LOCATION MONITORING APPLICATION
FIGURE 51 IMPACT OF COVID-19 ON MARKET FOR PERSONNEL/STAFF LOCATION MONITORING APPLICATION
TABLE 84 MARKET FOR PERSONNEL/STAFF LOCATION MONITORING APPLICATION, BY POST-COVID SCENARIO, 2017–2026 (USD BILLION)
TABLE 85 MARKET FOR PERSONNEL/STAFF LOCATING & MONITORING APPLICATION, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 86 MARKET FOR PERSONNEL/STAFF LOCATING & MONITORING APPLICATION, BY VERTICAL, 2021–2026 (USD MILLION)
8.4 ACCESS CONTROL/SECURITY
8.4.1 RTLS BEING USED INCREASINGLY FOR ACCESS CONTROL/SECURITY AS IT CAN REACT IN REAL TIME
TABLE 87 MARKET FOR ACCESS CONTROL/SECURITY APPLICATION, BY VERTICAL, 2017–2019 (USD MILLION)
TABLE 88 MARKET FOR ACCESS CONTROL/SECURITY APPLICATION, BY VERTICAL, 2021–2026 (USD MILLION)
8.5 ENVIRONMENTAL MONITORING
8.5.1 MANUFACTURING & AUTOMOTIVE VERTICAL TO WITNESS SIGNIFICANT GROWTH IN REAL-TIME LOCATION SYSTEMS MARKET FOR ENVIRONMENTAL MONITORING APPLICATION DURING FORECAST PERIOD
FIGURE 52 HEALTHCARE VERTICAL TO HOLD LARGEST SIZE OF RTLS MARKET FOR ENVIRONMENTAL MONITORING APPLICATION IN 2026
TABLE 89 MARKET FOR ENVIRONMENTAL MONITORING APPLICATION, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 90 MARKET FOR ENVIRONMENTAL MONITORING APPLICATION, BY VERTICAL, 2021–2026 (USD MILLION)
8.6 YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING
8.6.1 TRANSPORTATION & LOGISTICS AND RETAIL VERTICALS REQUIRE RTLS FOR YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING APPLICATIONS
FIGURE 53 RTLS MONITORING APPLICATIONS AT YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING
TABLE 91 MARKET FOR YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING APPLICATION, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 92 REAL-TIME LOCATION SYSTEMS MARKET FOR YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING APPLICATION, BY VERTICAL, 2021–2026 (USD MILLION)
8.7 SUPPLY CHAIN MANAGEMENT & OPERATIONAL AUTOMATION/VISIBILITY (INCLUDES CONTAINER TRACKING AND WORK-IN-PROGRESS TRACKING)
8.7.1 DATA AND RESULTING VISIBILITY INTO PROCESSES THAT RTLS PROVIDES MAKES IT CRITICAL FOR SUPPLY CHAIN MANAGEMENT
TABLE 93 MARKET FOR SUPPLY CHAIN MANAGEMENT & OPERATIONAL AUTOMATION/VISIBILITY APPLICATION, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 94 MARKET FOR SUPPLY CHAIN MANAGEMENT & OPERATIONAL AUTOMATION/VISIBILITY APPLICATION, BY VERTICAL, 2021–2026 (USD MILLION)
8.8 OTHERS
TABLE 95 MARKET FOR OTHER APPLICATIONS, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 96 MARKET FOR OTHERS, BY VERTICAL, 2021–2026 (USD MILLION)
9 RTLS MARKET, BY REGION (Page No. - 154)
9.1 INTRODUCTION
FIGURE 54 RAPIDLY GROWING MARKETS SUCH AS SOUTH KOREA, CHINA, AND AUSTRALIA TO EMERGE AS NEW HOTSPOTS IN MARKET
TABLE 97 MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 98 MARKET, BY REGION, 2021–2026 (USD MILLION)
9.2 NORTH AMERICA
FIGURE 55 REAL-TIME LOCATION SYSTEMS MARKET SNAPSHOT: NORTH AMERICA
9.2.1 IMPACT OF COVID-19 ON MARKET IN NORTH AMERICA
FIGURE 56 IMPACT OF COVID-19 ON RTLS MARKET IN NORTH AMERICA
TABLE 99 POST-COVID, MARKET IN NORTH AMERICA, 2017–2026 (USD BILLION)
TABLE 100 MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 101 MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 102 MARKET IN NORTH AMERICA, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 103 MARKET IN NORTH AMERICA, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 104 MARKET IN NORTH AMERICA, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 105 MARKET IN NORTH AMERICA, BY VERTICAL, 2021–2026 (USD MILLION)
9.2.2 US
9.2.2.1 US accounted for largest share of market in North America in 2020
9.2.3 CANADA
9.2.3.1 Healthcare and retail industries to generate high demand for RTLS solutions in Canada
9.2.4 MEXICO
9.2.4.1 Mexico to witness significant growth in market due to presence of key market players
9.3 EUROPE
FIGURE 57 REAL-TIME LOCATION SYSTEMS MARKET SNAPSHOT: EUROPE
TABLE 106 MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 107 MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 108 MARKET IN EUROPE, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 109 MARKET IN EUROPE, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 110 MARKET IN EUROPE, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 111 MARKET IN EUROPE, BY VERTICAL, 2021–2026 (USD MILLION)
9.3.1 UK
9.3.1.1 Rising expenditure of federal government on improvement of healthcare sector positively impacting RTLS market in UK
9.3.2 GERMANY
9.3.2.1 Germany to account for largest share of real-time location systems market in Europe by 2026
9.3.3 FRANCE
9.3.3.1 Adoption of RTLS solutions in aerospace manufacturing industry in France to propel growth of market
9.3.4 REST OF EUROPE
9.4 APAC
FIGURE 58 MARKET SNAPSHOT: APAC
9.4.1 IMPACT OF COVID-19 ON MARKET IN APAC
FIGURE 59 IMPACT OF COVID-19 ON MARKET IN APAC
TABLE 112 POST-COVID, MARKET IN APAC, 2017–2026 (USD BILLION)
TABLE 113 MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 114 MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 115 MARKET IN APAC, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 116 MARKET IN APAC, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 117 MARKET IN APAC, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 118 MARKET IN APAC, BY VERTICAL, 2021–2026 (USD MILLION)
9.4.2 JAPAN
9.4.2.1 Increasing concern in healthcare industry to grow RTLS market in Japan
9.4.3 CHINA
9.4.3.1 China to witness highest growth in market in APAC during forecast period
9.4.4 SOUTH KOREA
9.4.4.1 South Korea is expected to increasingly adopt RTLS solutions, especially in industrial manufacturing
9.4.5 AUSTRALIA
9.4.5.1 Sports and entertainment industries to offer lucrative growth opportunities for market in Australia
9.4.6 REST OF APAC
9.5 ROW
TABLE 119 REAL-TIME LOCATION SYSTEMS MARKET IN ROW, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 120 MARKET IN ROW, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 121 MARKET IN ROW, BY TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 122 MARKET IN ROW, BY TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 123 MARKET IN ROW, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 124 MARKET IN ROW, BY VERTICAL, 2021–2026 (USD MILLION)
10 COMPETITIVE LANDSCAPE (Page No. - 180)
10.1 OVERVIEW
10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
10.3 REVENUE ANALYSIS OF TOP PLAYERS
FIGURE 60 REVENUE ANALYSIS (USD MILLION), 2016–2020
10.4 MARKET SHARE ANALYSIS, 2020
TABLE 125 REAL-TIME LOCATION SYSTEMS MARKET : DEGREE OF COMPETITION (2020)
FIGURE 61 MARKET SHARE ANALYSIS: RTLS MARKET, 2020
10.5 COMPANY EVALUATION QUADRANT, 2020
10.5.1 STAR
10.5.2 EMERGING LEADER
10.5.3 PERVASIVE
10.5.4 PARTICIPANT
FIGURE 62 MARKET COMPANY EVALUATION QUADRANT, 2020
10.5.5 COMPANY FOOTPRINT
TABLE 126 COMPANY FOOTPRINT: MARKET
TABLE 127 OFFERING FOOTPRINT: MARKET
TABLE 128 TECHNOLOGY FOOTPRINT: MARKET
TABLE 129 REGION FOOTPRINT: MARKET
FIGURE 63 VERTICAL FOOTPRINT: MARKET
10.6 MARKET STARTUP/SME EVALUATION QUADRANT, 2020
10.6.1 PROGRESSIVE COMPANY
10.6.2 RESPONSIVE COMPANY
10.6.3 DYNAMIC COMPANY
10.6.4 STARTING BLOCK
FIGURE 64 RTLS MARKET, STARTUP/SME EVALUATION QUADRANT, 2020
10.7 COMPETITIVE SITUATIONS AND TRENDS
10.7.1 PRODUCT LAUNCHES
TABLE 130 PRODUCT LAUNCHES, 2020–2021
10.7.2 DEALS
TABLE 131 DEALS, 2019–2021
11 COMPANY PROFILES (Page No. - 193)
11.1 INTRODUCTION
11.2 KEY PLAYERS
(Business overview, Products offered, Products/solutions/services offered, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
11.2.1 STANLEY BLACK & DECKER
TABLE 132 STANLEY BLACK & DECKER: BUSINESS OVERVIEW
FIGURE 65 STANLEY BLACK & DECKER: COMPANY SNAPSHOT
11.2.2 ZEBRA TECHNOLOGIES
TABLE 133 ZEBRA TECHNOLOGIES: BUSINESS OVERVIEW
FIGURE 66 ZEBRA TECHNOLOGIES: COMPANY SNAPSHOT
11.2.3 ARUBA NETWORKS (HP ENTERPRISE)
TABLE 134 ARUBA NETWORKS (HP ENTERPRISE): BUSINESS OVERVIEW
11.2.4 IMPINJ
TABLE 135 IMPINJ: BUSINESS OVERVIEW
FIGURE 67 IMPINJ: COMPANY SNAPSHOT
11.2.5 SAVI TECHNOLOGY
TABLE 136 SAVI TECHNOLOGY (HP ENTERPRISE): BUSINESS OVERVIEW
11.2.6 TELETRACKING
TABLE 137 TELETRACKING: BUSINESS OVERVIEW
11.2.7 UBISENSE
ABLE 138 UBISENSE: BUSINESS OVERVIEW
11.2.8 AIRISTA FLOW
TABLE 139 AIRISTA FLOW: BUSINESS OVERVIEW
11.2.9 SONITOR TECHNOLOGIES
TABLE 140 SONITOR TECHNOLOGIES: BUSINESS OVERVIEW
11.2.10 ALIEN TECHNOLOGY
TABLE 141 ALIEN TECHNOLOGY: BUSINESS OVERVIEW
11.3 OTHER PLAYERS
11.3.1 DECAWAVE
11.3.2 REDPINE SIGNALS
11.3.3 VISIBLE ASSETS
11.3.4 CENTRAK
11.3.5 LEANTEGRA
11.3.6 OPENRTLS
11.3.7 LITUM TECHNOLOGIES
11.3.8 TRACKTIO
11.3.9 CERNER CORPORATION
11.3.10 GE HEALTHCARE
11.3.11 INFINITE LEAP
11.3.12 REDPOINT POSITIONING CORPORATION
11.3.13 BLUEIOT
11.3.14 SEWIO NETWORKS S.R.O
11.3.15 EKAHAU
*Details on Business overview, Products offered, Products/solutions/services offered, Product launches, Deals, MnM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats not be captured in case of unlisted companies.
12 APPENDIX (Page No. - 246)
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
The study involved 4 major activities in estimating the current size of RTLS market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.
Secondary Research
The research methodology used to estimate and forecast the RTLS market begins with capturing the data on revenues of the key vendors in the market through secondary research. This study involves the use of extensive secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for the technical and commercial study of the RTLS market. Secondary sources also include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly done to obtain key information about the industry’s supply chain, market’s value chain, total pool of key players, market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology oriented perspectives.
Primary Research
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to the RTLS market. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, application developers, application users, and related executives from various key companies and organizations operating in the ecosystem of the RTLS market.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the overall size of the RTLS market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:
- Key players in major applications and markets have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
RTLS Market: Top-Down Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, and forecast the real-time location system (RTLS) market, in terms of value, by offering, technology, application, vertical, and geography
- To analyze and forecast the market, by offering (hardware), in terms of volume
- To provide the market size estimation for North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW), along with their respective country-level market sizes, in terms of value
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges that influence the market growth
- To provide a detailed overview of the RTLS value chain
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To analyze key trends related to components, connectivity technologies, and applications that shape and influence the global RTLS market
- To profile key players and comprehensively analyze their ranking based on their revenues and core competencies
- To analyze opportunities in the market for stakeholders and provide a detailed competitive landscape of the market
- To analyze competitive developments such as expansions, agreements, partnerships, acquisitions, product developments, and research and development (R&D) in the RTLS market
- To strategically profile key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
- To analyze growth strategies such as product launches, acquisitions, expansions, and agreements adopted by major market players
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Real-time Location Systems Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Real-time Location Systems Market
Hello I need an RTLS solution to control the monitoring of our fleet of biomedical equipment. Cordially
Want to get to know more about this RTLS market
We would like to go through the Real-time Location Systems Market (RTLS) in greater details specifically for our region Saudi Arabian Market.
I want to put value proposition for RTLS integration companies
Good afternoon We are interested in this report on RTLS, as well as the one on Hospital Capacity Management Solutions but was curious how they are delivered and how single/corporate users are handled. Are these PDF documents or online only? Thank you, Aaron Huet
Using geomagnetic technology based RTLS systems usually eliminates the need for additional hardware, still the penetration of this technology is very less in this market. I wanted to get in-depth information about this technology with respect to real time tracking. Have you considered geomagnetic technologies in the study?
RFID is one of the oldest and most used technology in the RTLS market. We are currently in the business of providing passive RFID technology based products and are planning to includes active RFID products in our offerings. For this purpose I'm interested in knowing volume data of active RFID tags, is it covered in the study?
We are planning to expand our offerings in Asian market, so would like to get insights on UWB and BLE technologies for Asian region.
I can see that the RTLS market is witnessing significant growth in the APAC region. We are planning to expand our presence in this region, so would like to know if insights on drivers and restraints specific to market in APAC available in the report?
Healthcare is one of the key application area of RTLS. We want to expand our offerings to cater to clients from healthcare industry. Is the information on this industry available in the report?