Real-time Location Systems Market Size, Share Analysis

Report Code SE 3323
Published in Aug, 2024, By MarketsandMarkets™
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Real-time Location Systems Market Size, Share & Industry Trends Growth Analysis Report by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee, RuBee), Application (Inventory/Asset Tracking, Personnel Monitoring), Region - Global Forecast to 2029

Overview

The global real-time location system market size is projected to grow from USD 6.03 billion in 2024 to USD 15.79 billion by 2029, growing at a CAGR of 21.2% during the forecast period from 2024 to 2029. An RTLS is a system that comprises hardware and software to track or locate the real-time location of personnel or assets in a facility. RTLS solutions are integrated with several technologies, such as RFID, Wi-Fi, UWB, GPS, BLE, and infrared (IR), to ensure real-time tracking of assets or personnel. These solutions typically consist of several components, including tags or badges attached to objects carried by individuals, readers, or sensors deployed throughout the area. Additionally, there is a central software platform that processes and displays the location data in real time. RTLS solutions automatically locate and identify objects, people, or targets within a designated area. Furthermore, factors such as the increasing development of cost-effective and application-specific RTLS solutions by startups and the growing emphasis on maintaining patient and staff safety in healthcare facilities are driving the market growth. Additionally, the rising need for efficient resource utilization and workflow optimization and the increasing popularity of hybrid RTLS solutions are likely to create opportunities for market players.

Attractive Opportunities in the Real-time Location Systems Market

Asia Pacific

The Asia Pacific market is expected to be the fastest-growing market. The growth in Asia Pacific can be attributed to the growing trend of smart manufacturing and the increasing number of smart factories in the region.

The real-time location system market is driven by the increasing focus of several industries on adhering to safety and security compliance requirements.

Product launches, collaborations, and contracts are expected to offer lucrative growth opportunities for market players during the forecast period.

BLE technology is anticipated to exhibit the highest CAGR due to its low power consumption, cost-effectiveness, and high precision in indoor location tracking.

The evolution of hybrid RTLS and its increasing demand across various applications, such as warehouse management and asset tracking, present a significant opportunity for market players in the next five years.

Global Real-time Location Systems Market Dynamics

Driver: Rising adoption of RTLS tags for asset tracking to improve return on investment

Several organizations in almost all sectors, such as healthcare, manufacturing, and retail, rely on RTLS solutions to track asset location. For instance, the RTLS helps accurately record when an item is out of service and under maintenance, allowing an organization to limit its purchase and avoid owning more equipment than necessary. Thus, it helps provide a high return on investment.Further, the RTLS system also helps increase the productivity of the organizations by readily locating and monitoring the assets in real-time, thereby minimizing the time taken in equipment search, reducing paperwork, and contributing to the increased efficiency and productivity of the organizations. Furthermore, RTLS asset tracking is also used in supply chain operations to save time by improving the inventory turnover ratio, capturing the asset-related data, and significantly tracking the location. Further, by analyzing this data, the enterprises effectively manage their assets and hence increase their productivity along with a high return on investment.

Restraint: Data security and privacy issues

The most critical concerns regarding the industry, such as healthcare, are based on data security and privacy. Cyberattacks are a big threat; therefore, it is vital for an organization to have a secure entry point into their networks and systems, which can act as the limiting factor for the implementation of RTLS.Another fear expressed by professionals in different industries is that an RTLS solution may be used to monitor the activities of individual workers, such as their breaks and work timings. This makes people afraid of losing their freedom. Electronic data in the US doubled in three years and could be attributed to the rise of internet use, smartphones, social networks, machine-generated data, etc.However, it can be seen that most of the regular healthcare activities, including credit card payments for co-pays and over-the-counter medications, often tend to reveal patient medical and health data outside HIPAA protection. With the constant growth in the digital world, public concerns about privacy seem to grow. Despite efforts by companies to educate their customers and staff about RTLS, data privacy and security remain a huge concern.

 

Opportunity: Rising need for efficient resource utilization and workflow optimization

Many organizations struggle to manage resources in the best possible way to optimize workflows, increase production, track assets, and monitor them to reduce costs. This is exactly where an RTLS comes into play as a tracking system for assets and personnel.Enterprises can save costs and consequently increase profits if existing resources are utilized efficiently. An RTLS implements real-time tracking and asset management, consequently decreasing inventory and stock management costs. Asset tracking benefits the healthcare sector in terms of better patient safety and improved bed utilization ratios.The technology also facilitates supply chain operations by rendering them error-free and less time-consuming than manual stock-and-inventory-based work. Increasing awareness about different advantages associated with automatic asset tracking and management is due to expected growth within the healthcare sector in the next few years

Challenges: Interoperability issues due to lack of standardization

RTLS solutions are offered to end users in various sectors, but the existence of several protocols does not allow for integration. The infrastructures used in various organizations are not the same, and they lack interoperability which presents a challenge for end users.A few companies, such as Zebra Technologies Corporation (US) and Securitas Technology (US), deliver RTLS solutions that support more than a single protocol, but the majority of the market players are focused on providing a solution that supports one protocol. As there are several technologies operating on different protocols and frequency bands, such as the frequency band for Wi-Fi is 4 GHz and 5 GHz and that of UWB is 3.1 to 10.6 GHz, there is limited or no interoperability among RTLS solutions.Thus, the main challenge in the real time location system market is to combine multiple interoperable technologies in solutions. Organizations deploying RTLS solutions also need to make drastic changes in their infrastructure, which include installing more servers and middleware. This includes the installation of location readers in various doorways and hallways within the premises and the modification of the existing asset location protocol. Failure to standardize these protocols will hinder interoperability with different providers. Furthermore, vendors’ non-compliance with existing standards and the use of proprietary technologies, such as specialized tags or custom readers, for tracking have been identified as significant barriers to adopting RTLS technology.

Global Real-time Location Systems Market Ecosystem Analysis

Real-time Location System Market Ecosystem The RTLS ecosystem comprises key components, such as hardware and software, which include tags, readers, antennas, and positioning software, utilizing RFID, UWB, BLE, Wi-Fi, and GPS technologies. These systems are applied in asset and personnel tracking, workflow optimization, and inventory management across healthcare, manufacturing, logistics, and retail industries. It involves various services, including installation, integration, maintenance, and data analytics. The hardware components include tags, sensors, gateways, and handheld readers, all working to deliver real-time location data, enhancing visibility and operational efficiency.

Services Segment to Grow at Significant CAGR During Forecast Period.

The services segment in the real-time location system market is expected to record a significant CAGR during the forecast period. This growth is directly linked to the increasing demand for customized solutions that meet the specific needs of businesses. In addition to customization, there is a strong need for comprehensive installation, ongoing maintenance, and robust support services.These elements are crucial in ensuring that RTLS solutions not only meet the high standards required by modern enterprises but also maintain optimal performance over time. As organizations continue to realize the substantial benefits of customized RTLS solutions in terms of enhanced efficiency, improved safety, and cost savings, the services segment emerges as a key driver of growth and innovation in the real time location system market. Additionally, the rise in complex RTLS deployments across several industries, such as healthcare, manufacturing, and logistics, drives the demand for professional services, fueling segmental growth.

Wi-Fi Technology to Hold Major Market Share During Forecast Period.

Wi-Fi RTLS is anticipated to dominate the market across all technologies. This can be attributed to the large number of installations, its cost-effectiveness, and seamless integration with the existing infrastructure. RTLS solutions enabled by Wi-Fi fully cover indoor environments in accurate location tracking, including warehouses, hospitals, and retail spaces, making them preferable for many applications, such as inventory or asset tracking and access control & security.Moreover, their compatibility with a wide range of devices and systems in an existing Wi-Fi infrastructure in the vicinity increases their adoption across many sectors, such as manufacturing and automotive, logistics, and retail.

Asia Pacific Region Holds the Largest Share of the Real-time Location Systems Market.

Asia Pacific is one of the key future potential regions for the real-time location system market. The market in this region is expected to exhibit the highest CAGR during the forecast period.

 
 

Recent Developments of Real-time Location Systems Market industry

  • In June 2024, Twinzo, a provider of no-code live digital twin technology, partnered with Quuppa to revolutionize the location-based services market with innovative technologies that enhance efficiency and innovation across various industries, such as manufacturing, logistics, and healthcare.
  • In March 2024, Sonitor Technologies launched SonitorONE, the latest advancement in locating technology. It offers more flexibility than existing real-time locating systems by giving customers a choice of tags and accuracy levels to enable their desired use cases.

Key Market Players

KEY PLAYERS IN THE Real-time Location Systems Market INCLUDE

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Scope of the Report

Report Attribute Details
Estimated Market Size USD 6.03 billion in 2024
Projected Market Size USD 15.79 billion by 2029
Growth Rate CAGR of 21.2%
Market Size Availability for Years 2020–2029
Base Year 2023
Forecast Period 2024–2029
Forecast Units Value (USD Million)
Segments Covered By Offering, Technology, Application, Vertical, and Region
Geographies Covered North America, Europe, Asia Pacific, and RoW
Companies Covered The major players include Securitas Technology (Sweden), Zebra Technologies Corporation (US), HPE Aruba Networking  (US), Impinj, Inc. (US), Savi Technology (US), TeleTracking Technologies, Inc. (US), CenTrak, Inc. (US), GE HealthCare (US), UBISENSE  (UK)

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
24
RESEARCH METHODOLOGY
29
EXECUTIVE SUMMARY
40
PREMIUM INSIGHTS
44
MARKET OVERVIEW
47
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Increasing development of cost-effective and application-specific RTLS solutions by startups
    - Rising adoption of RTLS tags for asset tracking to improve return on investment
    - Growing emphasis on maintaining patient and staff safety in healthcare facilities
    - Burgeoning demand for ultra-wideband-powered RTLS solutions due to high accuracy
    RESTRAINTS
    - Data security and privacy issues
    - High installation and maintenance costs
    OPPORTUNITIES
    - Rising need for efficient resource utilization and workflow optimization
    - Increasing popularity of hybrid RTLS solutions
    - Escalating adoption of healthcare IoT solutions
    - Increasing application of RTLS technology in sports and entertainment sector
    - Rapid industrialization and economic growth in developing countries
    CHALLENGES
    - Concerns regarding trade-off between range and accuracy
    - Interoperability issues due to lack of standardization
  • 5.3 IMPACT OF AI/GEN AI ON RTLS MARKET
    INTRODUCTION
    MARKET POTENTIAL IN RTLS APPLICATIONS
    - Healthcare
    - Manufacturing & logistics
    AI USE CASES IN RTLS
    KEY COMPANIES IMPLEMENTING AI
    FUTURE OF GENERATIVE AI IN RTLS ECOSYSTEM
    INTERCONNECT ADJACENT ECOSYSTEM
    - Impact on IoT market
  • 5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.5 VALUE CHAIN ANALYSIS
  • 5.6 ECOSYSTEM ANALYSIS
  • 5.7 INVESTMENT AND FUNDING SCENARIO
  • 5.8 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Hybrid RTLS
    COMPLEMENTARY TECHNOLOGIES
    - IoT
    - Artificial intelligence
  • 5.9 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 852352)
    EXPORT SCENARIO (HS CODE 852352)
  • 5.10 PATENT ANALYSIS
  • 5.11 KEY CONFERENCES AND EVENTS, 2024–2025
  • 5.12 CASE STUDY ANALYSIS
    NGK CERAMICS ADOPTS QUUPPA’S RTLS TAGS TO STREAMLINE INVENTORY MANAGEMENT AND ADDRESS PRODUCTION DELAYS
    ADVENTIST HEALTH WHITE MEMORIAL PARTNERED WITH TAGNOS TO OPTIMIZE OPERATING ROOM EFFICIENCY USING RTLS TAGS
    PIEDMONT HEALTHCARE ADOPTS VIZZIA’S RTLS SOLUTION TO STANDARDIZE ASSET MANAGEMENT
    DYER ENGINEERING LEVERAGES THINKIN’S QUUPPA TECHNOLOGY-BASED RTLS FOR REAL-TIME ASSET TRACKING
  • 5.13 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    STANDARDS
  • 5.14 PORTER’S FIVE FORCES ANALYSIS
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
  • 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.16 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND OF RTLS
    INDICATIVE PRICING TREND OF KEY PLAYERS, BY OFFERING
    INDICATIVE PRICING TREND, BY REGION
RTLS MARKET, BY OFFERING
80
  • 6.1 INTRODUCTION
  • 6.2 HARDWARE
    TAGS/BADGES
    - Rising use of tags to track assets in real time to drive market
    READERS/TRACKERS/ACCESS POINTS
    - Growing focus on enhancing precision in RTLS to boost demand
    OTHER HARDWARE PRODUCTS
  • 6.3 SOFTWARE
    ELEVATING DEMAND FOR CUSTOMIZED RTLS TO FUEL SEGMENTAL GROWTH
  • 6.4 SERVICES
    DEPLOYMENT & INTEGRATION
    - Adoption of hybrid RTLS in hospitals to drive segmental growth
    SUPPORT & MAINTENANCE
    - Need for uninterrupted operations of RTLS to boost demand
    CONSULTING
    - Increasing importance of workplace security to fuel segmental growth
RTLS MARKET, BY TECHNOLOGY
92
  • 7.1 INTRODUCTION
  • 7.2 RFID
    ABILITY TO TRACK VALUABLE ASSETS WITH GREATER ACCURACY TO DRIVE MARKET
  • 7.3 WI-FI
    EASY AVAILABILITY AND COMPATIBILITY WITH EXISTING INFRASTRUCTURE TO ACCELERATE DEMAND
  • 7.4 UWB
    FAST UPDATE RATES AND LONG BATTERY LIFE TO BOOST DEMAND
  • 7.5 BLE
    LONG LIFE AND LOW POWER CONSUMPTION TO PROPEL ADOPTION
  • 7.6 ULTRASOUND
    ESCALATED DEMAND FROM SENIOR LIVING FACILITIES TO FOSTER MARKET GROWTH
  • 7.7 INFRARED
    DEPLOYMENT IN SUB-ROOM-LEVEL ACCURACY APPLICATIONS TO SUPPORT MARKET GROWTH
  • 7.8 GPS
    UTILIZATION IN SURVEYING AND MAPPING APPLICATIONS TO STIMULATE MARKET EXPANSION
  • 7.9 OTHER TECHNOLOGIES
RTLS MARKET, BY APPLICATION
115
  • 8.1 INTRODUCTION
  • 8.2 INVENTORY/ASSET TRACKING & MANAGEMENT
    CRITICAL NEED FOR REAL-TIME TRACKING OF MEDICAL EQUIPMENT IN HOSPITALS TO DRIVE MARKET
  • 8.3 PERSONNEL LOCATING & MONITORING
    STRONG FOCUS ON ENSURING PATIENT AND STAFF SAFETY TO FUEL MARKET GROWTH
  • 8.4 ACCESS CONTROL & SECURITY
    IMMEDIATE NEED TO PREVENT UNAUTHORIZED ACCESS TO RESTRICTED AREAS TO SPIKE DEMAND
  • 8.5 ENVIRONMENTAL MONITORING
    GROWING IMPLEMENTATION TO ENSURE SAFE STORAGE OF PHARMACEUTICALS AND VACCINES TO DRIVE MARKET
  • 8.6 YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING
    PRESSING NEED FOR EFFICIENT WAREHOUSE MANAGEMENT TO FOSTER MARKET GROWTH
  • 8.7 SUPPLY CHAIN MANAGEMENT & AUTOMATION
    SIGNIFICANT FOCUS ON IMPROVING SUPPLY CHAIN VISIBILITY TO DRIVE MARKET
  • 8.8 OTHER APPLICATIONS
RTLS MARKET, BY VERTICAL
130
  • 9.1 INTRODUCTION
  • 9.2 HEALTHCARE
    INCREASING NEED TO TRACK PATIENTS, ASSETS, AND INVENTORY IN HOSPTIAL PREMISES TO PROPEL MARKET
  • 9.3 MANUFACTURING & AUTOMOTIVE
    RISING ADOPTION TO OPTIMIZE WORKFLOW ACTIVITIES TO FOSTER MARKET GROWTH
  • 9.4 RETAIL
    GROWING IMPORTANCE OF INVENTORY TRACKING AND MANAGEMENT IN RETAIL TO BOOSTS DEMAND
  • 9.5 TRANSPORTATION & LOGISTICS
    URGENT REQUIREMENT TO STREAMLINE BUSINESS OPERATIONS TO FUEL MARKET GROWTH
  • 9.6 GOVERNMENT
    INCREASING SAFETY CONCERNS FOR HIGH-VALUE ASSETS TO STIMULATE DEMAND
  • 9.7 EDUCATION
    INCREASING FOCUS ON TRACKING REAL-TIME MOVEMENTS AND AUTOMATING STUDENT AND STAFF ATTENDANCE TO FUEL MARKET GROWTH
  • 9.8 OIL & GAS AND MINING
    NECESSITY TO TRACK AND CONTROL HIGH-RISK ENVIRONMENTS AND ENHANCE WORKER SAFETY TO DRIVE ADOPTION
  • 9.9 SPORTS & ENTERTAINMENT
    GROWING IMPORTANCE OF DATA ANALYTICS IN SPORTS INDUSTRY TO ACCELERATE MARKET GROWTH
  • 9.10 OTHER VERTICALS
RTLS MARKET, BY REGION
143
  • 10.1 INTRODUCTION
  • 10.2 NORTH AMERICA
    MACROECONOMIC OUTLOOK FOR NORTH AMERICA
    US
    - Strong presence of well-established RTLS companies to support market growth
    CANADA
    - Growing focus on establishing smart hospitals to drive market
    MEXICO
    - Rising demand from automotive industry to contribute to market growth
  • 10.3 EUROPE
    MACROECONOMIC OUTLOOK FOR EUROPE
    GERMANY
    - Growing deployment of advanced manufacturing and communications technologies to spur demand
    UK
    - Rising implementation of UWB and IR technology-based RTLS solutions in healthcare industry to fuel market growth
    FRANCE
    - Increasing demand from aerospace & defense sector to offer growth opportunities
    ITALY
    - Growing emphasis on modernizing healthcare sector to accelerate demand
    SPAIN
    - Increasing focus on improving inventory management to drive market
    REST OF EUROPE
  • 10.4 ASIA PACIFIC
    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC
    CHINA
    - Increasing investment in advanced location tracking and identification technologies to drive market
    JAPAN
    - Rapid adoption of IT in home nursing care settings to offer lucrative growth opportunities
    SOUTH KOREA
    - Growing adoption of smart factories to drive market
    AUSTRALIA
    - Rising demand from mining sector to foster market growth
    SINGAPORE
    - Ongoing developments in transportation sector to drive demand
    PHILIPPINES
    - Expanding manufacturing sector to offer lucrative growth opportunities
    MALAYSIA
    - Rapid urbanization and smart city initiatives to boost demand
    REST OF ASIA PACIFIC
  • 10.5 ROW
    MACROECONOMIC OUTLOOK FOR ROW
    MIDDLE EAST
    - Pressing need to ensure workplace safety and security to drive market
    - GCC countries
    - Rest of Middle East
    SOUTH AMERICA
    - Rising demand for RTLS solutions from petroleum companies to drive market
    AFRICA
    - Rising use in mining facilities to offer growth opportunities
COMPETITIVE LANDSCAPE
176
  • 11.1 INTRODUCTION
  • 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
  • 11.3 REVENUE ANALYSIS, 2019–2023
  • 11.4 MARKET SHARE ANALYSIS, 2023
  • 11.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 11.6 BRAND/PRODUCT COMPARISON
  • 11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2023
    - Company footprint
    - Application footprint
    - Offering footprint
    - Technology footprint
    - Vertical footprint
    - Region footprint
  • 11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 11.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
COMPANY PROFILES
199
  • 12.1 KEY PLAYERS
    SECURITAS TECHNOLOGY
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    ZEBRA TECHNOLOGIES CORP.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    HPE ARUBA NETWORKING
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    IMPINJ, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SAVI TECHNOLOGY
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    AIRISTA
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    ALIEN TECHNOLOGY, LLC
    - Business overview
    - Products/Solutions/Services offered
    CENTRAK, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    GE HEALTHCARE
    - Business overview
    - Products/Solutions/Services offered
    QUUPPA
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    QORVO, INC.
    - Business overview
    - Products/Solutions/Services offered
    SONITOR TECHNOLOGIES
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    SIEMENS AG
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    TELETRACKING TECHNOLOGIES, INC.
    - Business overview
    - Products/Solutions/Services offered
    UBISENSE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
  • 12.2 OTHER PLAYERS
    BLUEIOT (BEIJING) TECHNOLOGY CO., LTD.
    MIDMARK CORPORATION
    LITUM
    ELIKO
    REDPOINT POSITIONING CORP.
    LINK LABS, INC.
    POZYX
    SEWIO
    TRACKTIO
    VISIBLE ASSETS, INC.
    BORDA TECHNOLOGY
    MYSPHERA S.L.
    SECURE CARE PRODUCTS, LLC
    KONTAKT.IO
    NAVIGINE
    INPIXON
    KINEXON
    LEANTEGRA INC.
    NANJING WOXU WIRELESS CO., LTD.
ADJACENT AND RELEVANT MARKET
259
  • 13.1 INTRODUCTION
  • 13.2 RFID MARKET, BY REGION
    NORTH AMERICA
    - US
    - Canada
    - Mexico
APPENDIX
266
  • 14.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 14.2 DISCUSSION GUIDE
  • 14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 14.4 CUSTOMIZATION OPTIONS
  • 14.5 RELATED REPORTS
  • 14.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 RTLS MARKET: RISK ASSESSMENT
  • TABLE 2 ROLE OF COMPANIES IN RTLS ECOSYSTEM
  • TABLE 3 LIST OF PATENTS, 2022–2024
  • TABLE 4 KEY CONFERENCES AND EVENTS, 2024–2025
  • TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 8 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 9 KEY STANDARDS
  • TABLE 10 PORTER’S FIVE FORCES ANALYSIS
  • TABLE 11 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS (%)
  • TABLE 12 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
  • TABLE 13 INDICATIVE PRICING TREND OF RTLS TAGS/BADGES OFFERED BY KEY PLAYERS (USD)
  • TABLE 14 INDICATIVE PRICING TREND OF RTLS TAGS/BADGES, BY TECHNOLOGY, 2023 (USD)
  • TABLE 15 RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 16 RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 17 HARDWARE: RTLS MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 18 HARDWARE: RTLS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 19 RTLS MARKET FOR TAGS/BADGES, BY TECHNOLOGY 2020–2023 (MILLION UNITS)
  • TABLE 20 RTLS MARKET FOR TAGS/ BADGES, BY TECHNOLOGY, 2024–2029 (MILLION UNITS)
  • TABLE 21 HARDWARE: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION))
  • TABLE 22 HARDWARE: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 23 SOFTWARE: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
  • TABLE 24 SOFTWARE: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 25 SERVICES: RTLS MARKET, BY TYPE, 2020–2023 (USD MILLION)
  • TABLE 26 SERVICES: RTLS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 27 SERVICES: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
  • TABLE 28 SERVICES: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 29 RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
  • TABLE 30 RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 31 RFID: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 32 RFID: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 33 RFID: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 34 RFID: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 35 RFID: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 36 RFID: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 37 WI-FI: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 38 WI-FI: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 39 WI-FI: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 40 WI-FI: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 41 WI-FI: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 42 WI-FI: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 43 UWB: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 44 UWB: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 45 UWB: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 46 UWB: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 47 UWB: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 48 UWB: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 49 BLE: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 50 BLE: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 51 BLE: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 52 BLE: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 53 BLE: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 54 BLE: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 55 ULTRASOUND: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 56 ULTRASOUND: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 57 ULTRASOUND: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 58 ULTRASOUND: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 59 ULTRASOUND: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 60 ULTRASOUND: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 61 INFRARED: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 62 INFRARED: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 63 INFRARED: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 64 INFRARED: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 65 INFRARED: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 66 INFRARED: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 67 GPS: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 68 GPS: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 69 GPS: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 70 GPS: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 71 GPS: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 72 GPS: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 73 OTHER TECHNOLOGIES: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 74 OTHER TECHNOLOGIES: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 75 OTHER TECHNOLOGIES: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 76 OTHER TECHNOLOGIES: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 77 OTHER TECHNOLOGIES: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 78 OTHER TECHNOLOGIES: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 79 RTLS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 80 RTLS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 81 INVENTORY/ASSET TRACKING & MANAGEMENT: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 82 INVENTORY/ASSET TRACKING & MANAGEMENT: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 83 PERSONNEL LOCATING & MONITORING: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 84 PERSONNEL LOCATING & MONITORING: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 85 ACCESS CONTROL & SECURITY: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 86 ACCESS CONTROL & SECURITY: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 87 ENVIRONMENTAL MONITORING: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 88 ENVIRONMENTAL MONITORING: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 89 YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 90 YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 91 SUPPLY CHAIN MANAGEMENT & AUTOMATION: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 92 SUPPLY CHAIN MANAGEMENT & AUTOMATION: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 93 OTHER APPLICATIONS: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 94 OTHER APPLICATIONS: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 95 RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 96 RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 97 HEALTHCARE: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 98 HEALTHCARE: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 99 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 100 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 101 RETAIL: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 102 RETAIL: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 103 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 104 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 105 GOVERNMENT: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 106 GOVERNMENT: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 107 EDUCATION: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 108 EDUCATION: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 109 OIL & GAS AND MINING: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 110 OIL & GAS AND MINING: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 111 SPORTS & ENTERTAINMENT: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 112 SPORTS & ENTERTAINMENT: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 113 OTHER VERTICALS: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 114 OTHER VERTICALS: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 115 RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 116 RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 117 NORTH AMERICA: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 118 NORTH AMERICA: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 119 NORTH AMERICA: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
  • TABLE 120 NORTH AMERICA: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 121 NORTH AMERICA: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 122 NORTH AMERICA: RTLS MARKET, BY VERTICAL,2024–2029 (USD MILLION)
  • TABLE 123 EUROPE: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 124 EUROPE: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 125 EUROPE: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
  • TABLE 126 EUROPE: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 127 EUROPE: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 128 EUROPE: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 129 ASIA PACIFIC: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 130 ASIA PACIFIC: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 131 ASIA PACIFIC: RTLS MARKET, BY TECHNOLOGY,2020–2023 (USD MILLION)
  • TABLE 132 ASIA PACIFIC: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 133 ASIA PACIFIC: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 134 ASIA PACIFIC: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 135 ROW: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 136 ROW: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 137 ROW: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)
  • TABLE 138 ROW: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
  • TABLE 139 ROW: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 140 ROW: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 141 MIDDLE EAST: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 142 MIDDLE EAST: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 143 RTLS MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2024
  • TABLE 144 RTLS MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 145 RTLS MARKET: APPLICATION FOOTPRINT
  • TABLE 146 RTLS MARKET: OFFERING FOOTPRINT
  • TABLE 147 RTLS MARKET: TECHNOLOGY FOOTPRINT
  • TABLE 148 RTLS MARKET: VERTICAL FOOTPRINT
  • TABLE 149 RTLS MARKET: REGION FOOTPRINT
  • TABLE 150 RTLS MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 151 RTLS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 152 RTLS MARKET: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2024
  • TABLE 153 RTLS MARKET: DEALS, JANUARY 2020–JUNE 2024
  • TABLE 154 SECURITAS TECHNOLOGY: COMPANY OVERVIEW
  • TABLE 155 SECURITAS TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 156 SECURITAS TECHNOLOGY: DEALS
  • TABLE 157 ZEBRA TECHNOLOGIES CORP.: COMPANY OVERVIEW
  • TABLE 158 ZEBRA TECHNOLOGIES CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 159 ZEBRA TECHNOLOGIES CORP.: DEALS
  • TABLE 160 HPE ARUBA NETWORKING: COMPANY OVERVIEW
  • TABLE 161 HPE ARUBA NETWORKING: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 162 IMPINJ, INC.: COMPANY OVERVIEW
  • TABLE 163 IMPINJ, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 164 IMPINJ, INC.: PRODUCT LAUNCHES
  • TABLE 165 IMPINJ, INC.: DEALS
  • TABLE 166 SAVI TECHNOLOGY: COMPANY OVERVIEW
  • TABLE 167 SAVI TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 168 AIRISTA: COMPANY OVERVIEW
  • TABLE 169 AIRISTA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 170 AIRISTA: PRODUCT LAUNCHES
  • TABLE 171 ALIEN TECHNOLOGY, LLC: COMPANY OVERVIEW
  • TABLE 172 ALIEN TECHNOLOGY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 173 CENTRAK, INC.: COMPANY OVERVIEW
  • TABLE 174 CENTRAK, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 175 CENTRAK, INC.: PRODUCT LAUNCHES
  • TABLE 176 CENTRAK, INC.: DEALS
  • TABLE 177 GE HEALTHCARE: COMPANY OVERVIEW
  • TABLE 178 GE HEALTHCARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 179 QUUPPA: COMPANY OVERVIEW
  • TABLE 180 QUUPPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 181 QUUPPA: DEALS
  • TABLE 182 QORVO, INC.: COMPANY OVERVIEW
  • TABLE 183 QORVO, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 184 SONITOR TECHNOLOGIES: COMPANY OVERVIEW
  • TABLE 185 SONITOR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 186 SONITOR TECHNOLOGIES: PRODUCT LAUNCHES
  • TABLE 187 SIEMENS AG: COMPANY OVERVIEW
  • TABLE 188 SIEMENS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 189 SIEMENS AG: PRODUCT LAUNCHES
  • TABLE 190 TELETRACKING TECHNOLOGIES, INC.: COMPANY OVERVIEW
  • TABLE 191 TELETRACKING TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 192 UBISENSE: COMPANY OVERVIEW
  • TABLE 193 UBISENSE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 194 UBISENSE: PRODUCT LAUNCHES
  • TABLE 195 UBISENSE: DEALS
  • TABLE 196 RFID TAGS MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 197 RFID TAGS MARKET, BY REGION, 2023–2032 (USD MILLION)
  • TABLE 198 RFID MARKET, BY REGION, 2019–2022 (USD MILLION)
  • TABLE 199 RFID MARKET, BY REGION, 2023–2032 (USD MILLION)
  • TABLE 200 NORTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
  • TABLE 201 NORTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2023–2032 (USD MILLION)
  • TABLE 202 NORTH AMERICA: RFID TAGS MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
  • TABLE 203 NORTH AMERICA: RFID TAGS MARKET, BY APPLICATION, 2023–2032 (USD MILLION)
LIST OF FIGURES
 
  • FIGURE 1 RTLS MARKET SEGMENTATION
  • FIGURE 2 RTLS MARKET: RESEARCH DESIGN
  • FIGURE 3 RTLS MARKET: RESEARCH APPROACH
  • FIGURE 4 RTLS MARKET: TOP-DOWN APPROACH
  • FIGURE 5 RTLS MARKET: BOTTOM-UP APPROACH
  • FIGURE 6 RTLS MARKET SIZE ESTIMATION METHODOLOGY
  • FIGURE 7 RTLS MARKET: DATA TRIANGULATION
  • FIGURE 8 RTLS MARKET: RESEARCH ASSUMPTIONS
  • FIGURE 9 RTLS MARKET SIZE, 2020–2029 (USD MILLION)
  • FIGURE 10 SERVICES SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 11 WI-FI TECHNOLOGY TO GAIN MAJORITY OF MARKET SHARE IN 2029
  • FIGURE 12 HEALTHCARE SEGMENT TO HOLD LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD
  • FIGURE 13 NORTH AMERICA DOMINATED RTLS MARKET IN 2023
  • FIGURE 14 INCREASING SAFETY AND SECURITY CONCERNS IN INDUSTRIES TO FUEL DEMAND FOR RTLS DURING FORECAST PERIOD
  • FIGURE 15 WI-FI TECHNOLOGY-BASED RTLS SOLUTIONS TO ACCOUNT FOR LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD
  • FIGURE 16 INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION TO CAPTURE LARGEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 17 US AND HEALTHCARE SEGMENT TO BE LARGEST SHAREHOLDERS OF NORTH AMERICAN MARKET IN 2029
  • FIGURE 18 CHINA TO RECORD HIGHEST CAGR IN GLOBAL RTLS MARKET FROM 2024 TO 2029
  • FIGURE 19 RTLS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 20 IMPACT ANALYSIS: DRIVERS
  • FIGURE 21 IMPACT ANALYSIS: RESTRAINTS
  • FIGURE 22 IMPACT ANALYSIS: OPPORTUNITIES
  • FIGURE 23 IMPACT ANALYSIS: CHALLENGES
  • FIGURE 24 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 25 VALUE CHAIN ANALYSIS
  • FIGURE 26 RTLS ECOSYSTEM
  • FIGURE 27 INVESTMENT AND FUNDING SCENARIO, 2017–2022
  • FIGURE 28 IMPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023
  • FIGURE 29 EXPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023
  • FIGURE 30 PATENTS APPLIED AND GRANTED, 2014–2023
  • FIGURE 31 PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS
  • FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 VERTICALS
  • FIGURE 34 AVERAGE SELLING PRICE TREND OF RTLS TAGS/BADGES, 2020–2023
  • FIGURE 35 INDICATIVE PRICING TREND OF RTLS TAGS/BADGES OFFERED BY KEY PLAYERS
  • FIGURE 36 AVERAGE SELLING PRICE TREND OF RTLS TAGS/BADGES, BY REGION, 2020−2023
  • FIGURE 37 RTLS MARKET, BY OFFERING
  • FIGURE 38 SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 39 RTLS MARKET, BY TECHNOLOGY
  • FIGURE 40 WI-FI SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
  • FIGURE 41 TYPES OF RFID TAGS
  • FIGURE 42 RTLS MARKET, BY APPLICATION
  • FIGURE 43 INVENTORY ASSET TRACKING & MANAGEMENT SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029
  • FIGURE 44 RTLS MARKET, BY VERTICAL
  • FIGURE 45 HEALTHCARE VERTICAL TO CAPTURE LARGEST SHARE OF RTLS MARKET IN 2029
  • FIGURE 46 RTLS MARKET, BY REGION
  • FIGURE 47 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL RTLS MARKET DURING FORECAST PERIOD
  • FIGURE 48 NORTH AMERICA: RTLS MARKET SNAPSHOT
  • FIGURE 49 US TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
  • FIGURE 50 EUROPE: RTLS MARKET SNAPSHOT
  • FIGURE 51 GERMANY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 52 ASIA PACIFIC: RTLS MARKET SNAPSHOT
  • FIGURE 53 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 54 SOUTH AMERICA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 55 RTLS MARKET: REVENUE ANALYSIS OF THREE KEY PLAYERS, 2019–2023
  • FIGURE 56 RTLS MARKET SHARE ANALYSIS, 2023
  • FIGURE 57 COMPANY VALUATION
  • FIGURE 58 FINANCIAL METRICS
  • FIGURE 59 BRAND/PRODUCT COMPARISON
  • FIGURE 60 RTLS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 61 RTLS MARKET: COMPANY FOOTPRINT
  • FIGURE 62 RTLS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 63 ZEBRA TECHNOLOGIES CORP.: COMPANY SNAPSHOT
  • FIGURE 64 IMPINJ, INC.: COMPANY SNAPSHOT
  • FIGURE 65 GE HEALTHCARE: COMPANY SNAPSHOT
  • FIGURE 66 QORVO, INC.: COMPANY SNAPSHOT
  • FIGURE 67 SIEMENS AG: COMPANY SNAPSHOT

The study involved four major activities for estimating the real-time location system market size. Exhaustive secondary research has been conducted to collect information relevant to the market, its peer markets, and its child market. Primary research has been undertaken to validate key findings, assumptions, and sizing with industry experts across the value chain of the real-time location system market. Both top-down and bottom-up approaches have been employed to estimate the complete market size. It has been followed by the market breakdown and data triangulation methods to estimate the size of different segments and subsegments of the market.

Secondary Research

The research methodology used to estimate and forecast the size of the real-time location system market began with the acquisition of data related to the revenues of key vendors in the market through secondary research. Various secondary sources have been referred to in the secondary research process for identifying and collecting information for this study. Secondary sources include annual reports, press releases, and investor presentations of companies; white papers, journals, certified publications, and articles by recognized authors; websites; directories; and databases. Secondary research has mainly been used to obtain key information about the supply chain of the real-time location system market, the value chain of the market, key players, market classification, and segmentation according to the industry trends to the bottom-most level, geographic markets, and key developments from both market and technology-oriented perspectives. Secondary data has been collected and analyzed to determine the overall market size, further validated through primary research. The secondary research referred to for this research study involves the RFID Journal, Healthtech Magazine, UWB Alliance, and others. Moreover, the study involved extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect valuable information for a technical, market-oriented, and commercial study of the real-time location system market. Vendor offerings have been taken into consideration to determine market segmentation.

Primary Research

In the primary research, various primary sources from both the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include the key industry participants, subject-matter experts (SMEs), and C-level executives and consultants from various key companies and organizations in the real-time location systems ecosystem. After the complete market engineering (including calculations for the market statistics, the market breakdown, the market size estimations, the market forecasting, and the data triangulation), extensive primary research has been conducted to verify and validate the critical market numbers obtained. Extensive qualitative and quantitative analyses have been performed during the market engineering process to list key information/insights throughout the report. Extensive primary research has been conducted after understanding the real-time location system market scenario through secondary research. Several primary interviews have been conducted with market experts from the demand and supply-side players across key regions, namely, the Americas, Europe, Asia Pacific, and the Rest of the World (Middle East,  Africa, and South America). Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. Following is the breakdown of the primary respondents.

Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report. After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This and the in-house subject matter experts’ opinions have led us to the findings described in the remainder of this report.

Real-time Location Systems Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The total size of the real-time location system market has been estimated and validated using both top-down and bottom-up approaches. Furthermore, these methods have also been used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size is as follows:

  • Identifying different entities influencing the value chain of the real-time location system market
  • Identifying major companies, system integrators, and service providers operating in the market
  • Estimating the size of the real-time location system market for each region based on demand for RTLS.
  • Tracking the ongoing and upcoming real-time location system projects to forecast the market size based on these developments and other critical parameters
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • Qualitative aspects such as market drivers, restraints, opportunities, and challenges have been taken into consideration while calculating and forecasting the market size.

Global Real-time Location System Market Size: Bottom-Up Approach

Real-time Location Systems Market
 Size, and Bottom-Up Approach

Global Real-time Location System Market Size: Top-down Approach

Real-time Location Systems Market
 Size, and Top-down Approach

Data Triangulation

After arriving at the overall size of the real-time location system market from the market size estimation process explained above, the total market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using both top-down and bottom-up approaches.

Market Definition

An RTLS automatically locates and identifies objects, people, or targets within a designated area in real time. RTLS systems typically consist of several components, including tags or badges, attached to objects or carried by individuals, readers, or sensors deployed throughout the area, and a central software platform that processes and displays the location data in real-time. RTLS tags/badges/sensors attached to objects or worn by people communicate wirelessly with readers/trackers/access points installed in the vicinity.

RTLS solutions utilize various technologies, such as radio-frequency identification (RFID), wireless fidelity (Wi-Fi), ultrasound, infrared (IR), or global positioning systems (GPS), to determine the position and movement of assets or individuals with a high level of accuracy. The primary purpose of RTLS is to provide real-time visibility and monitoring of assets or people in industries such as healthcare, manufacturing, logistics, warehousing, and transportation. It enables organizations to track the location of valuable items, monitor the flow of goods, enhance operational efficiency, improve safety, prevent theft or loss, and optimize resource allocation.

Stakeholders:

  • RTLS Hardware Providers
  • RTLS Software Providers
  • RTLS-related Service Providers
  • Government Bodies and Policymakers
  • Industry-standard Organizations, Forums, Alliances, and Associations
  • Market Research and Consulting Firms
  • Raw Material Suppliers and Distributors
  • Research Institutes and Organizations
  • Testing, Inspection, and Certification Providers
  • Distributors and Resellers
  • End Users

Report Objectives

  • To define, describe, segment, and forecast the size of the real-time location system market by offering, technology, application, and vertical in terms of value
  • To describe and forecast the market for four main regions, namely, the North America, Asia Pacific, Europe, and RoW, in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To provide a detailed overview of the value chain of the real-time location system ecosystem
  • To strategically analyze micro-markets with respect to individual growth trends, prospects, and their contributions to the overall market
  • To strategically analyze the ecosystem, Porter’s five forces, regulations, region-wise regulations, upcoming technologies in the market, revenue shift model in the market, patent landscape, trade landscape, and case studies pertaining to the market under study
  • To analyze opportunities in the market for the stakeholders by identifying high-growth segments in the market
  • To strategically profile key players and provide details of the current competitive landscape
  • To analyze strategic approaches adopted by players in the real-time location system market, such as product launches and developments, acquisitions, collaborations, agreements, contracts, expansions, and partnerships

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 based on various blocks of the value chain.

Previous Versions of this Report

Real-time Location Systems Market by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee), Application (Inventory/Asset Tracking, Personnel Monitoring), Vertical, Region - Global Forecast to 2028

Report Code SE 3323
Published in Jun, 2023, By MarketsandMarkets™

Real-time Location Systems Market (RTLS) with Covid-19 impact analysis by Offering (Hardware, Software, Services), Technology, Vertical (Healthcare, Manufacturing, Retail, Education, Govt, Sports), Application Use Case & Region - Global Forecast to 2026

Report Code SE 3323
Published in Jan, 2022, By MarketsandMarkets™

Real-Time Location Systems Market (RTLS) with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), Technology, Vertical (Healthcare, Manufacturing, Retail, Education, Govt., Sports), Application/Use case, Geography- Global Forecast to 2025

Report Code SE 3323
Published in Sep, 2020, By MarketsandMarkets™

Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, Services), Technology (RFID, W-Fi, UWB, BLE), Vertical (Healthcare, Manufacturing, Retail, Education, Govt., Sports), Application/Use case, and Geography - Global Forecast to 2023

Report Code SE 3323
Published in Jul, 2018, By MarketsandMarkets™

Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, and Service), Technology (RFID, W-Fi, UWB, BLE, Infrared), Application (Inventory & Asset - Tracking & Management), Vertical, and Geography - Global Forecast to 2022

Report Code SE 3323
Published in Dec, 2016, By MarketsandMarkets™

Real-Time Location System (RTLS) Market Product (Hardware, Software, & Service), Technology (RFID, Wi-Fi, UWB, Infrared & Others), Application (Healthcare, Manufacturing, Process Industries, Govt & Defense, Retail, & Others), and Geography - Forecasts & Analysis to 2020

Report Code SE 3323
Published in Apr, 2015, By MarketsandMarkets™

Real-Time Location System (RTLS) Market Product (Hardware, Software, & Service), Technology (RFID, Wi-Fi, UWB, Infrared & Others), Application (Healthcare, Manufacturing, Process Industries, Govt & Defense, Retail, & Others), and Geography - Forecasts & Analysis to 2020

Report Code SE 3323
Published in Jan, 2011, By MarketsandMarkets™

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Growth opportunities and latent adjacency in Real-time Location Systems Market

Sagar

Apr, 2022

I want to put value proposition for RTLS integration companies.

SYED

Apr, 2022

We would like to go through the Real-time Location Systems Market (RTLS) in greater details specifically for our region Saudi Arabian Market..

Marcus

Apr, 2022

Want to get to know more about this RTLS market .

Aaron

Apr, 2022

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.

User

Sep, 2019

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?.

User

Sep, 2019

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?.

User

Sep, 2019

We are planning to expand our offerings in Asian market, so would like to get insights on UWB and BLE technologies for Asian region..

User

Nov, 2019

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?.

Abdessamad

Sep, 2022

Hello I need an RTLS solution to control the monitoring of our fleet of biomedical equipment. Cordially .

User

Mar, 2019

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?.

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