Product Code: SR1523A90_Report
The global real time location system market size reached US$ 5.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 24.2 Billion by 2028, exhibiting a growth rate (CAGR) of 28.5% during 2023-2028.
The Real Time Location System (RTLS) assists in identifying and tracking the geographical location of objects and people in real time. It is primarily used in navigation, and vehicle, inventory and personnel tracking and consists of location sensors, readers, battery-powered tags, network infrastructure and application software. It operates by attaching tags and badges to objects or people through which the signals are transmitted and received by a fixed reference point. This system is extensively used to boost productivity, accuracy and operational excellence. It also enhances staff safety and provides effective logistics and supply chain operations, owing to which it is deemed beneficial for evacuation procedures and accounting for all the resources present inside a closed space.
The market is significantly driven by the increasing usage of smartphones and mobile, gaming, communication and health and wellness applications that require constant access to user information. Additionally, rapid urbanization and increasing requirement for advanced security systems are further driving the product demand. Moreover, increased application in various end use industries such as transportation, inventory and warehouse management, along with inbound and outbound logistics management, is also expected to propel the growth of the market. RTLS is also finding wide applicability in warehouses, correctional facilities, and retail stores, where it assists in monitoring the location of a target and tracking any misplaced items. Along with this, the implementation of favorable government policies that promote the use of advanced monitoring systems along with various technological advancements and increasing focus on research and development (R&D) is also catalyzing the growth of the market globally.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global real time location system market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, technology, application and vertical.
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Technology:
- RFID
- Wi-Fi
- UWB
- BLE
- Infrared (IR)
- Ultrasound
- GPS
- Others
Breakup by Application:
- Inventory/Asset-Tracking & Management
- Personnel/Staff-Locating & Monitoring
- Access Control/Security
- Environmental Monitoring
- Yard, Dock, Fleet Warehouse-Management & Monitoring
- Supply Chain Management & Operational Automation/Visibility
- Others
Breakup by Vertical:
- Healthcare
- Manufacturing & Automotive
- Retail
- Transportation & Logistics
- Government & Defense
- Education
- Oil & Gas, Mining
- Sports & Entertainment
- Others
- Breakup by Region
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
- Middle East and Africa
- Turkey
- Saudi Arabia
- Iran
- United Arab Emirates
- Others
Competitive Landscape:
- The competitive landscape of the industry has also been examined with some of the key players being AeroScout Inc., AiRISTA, Alien Technology, Axcess International Inc., CenTrak Healthcare Company, DecaWave Limited, Ekahau Inc., Identech Group AG, Impinj, Savi Technology, Sonitor Technologies, Stanley Healthcare, TeleTracking Technologies, Ubisense Group, Zebra Technologies, etc.
- IMARC Group's latest report provides a deep insight into the global real time location system market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the real time location system market in any manner.
Key Questions Answered in This Report:
- 1. What was the size of the global real time location system market in 2022?
- 2. What is the expected growth rate of the global real time location system market during 2023-2028?
- 3. What are the key factors driving the global real time location system market?
- 4. What has been the impact of COVID-19 on the global real time location system market?
- 5. What is the breakup of the global real time location system market based on the component?
- 6. What is the breakup of the global real time location system market based on the technology?
- 7. What is the breakup of the global real time location system market based on application?
- 8. What is the breakup of the global real time location system market based on the vertical?
- 9. What are the key regions in the global real time location system market?
- 10. Who are the key players/companies in the global real time location system market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Real Time Location System Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Services
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Technology
- 7.1 RFID
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Wi-Fi
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 UWB
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 BLE
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Infrared (IR)
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Ultrasound
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 GPS
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
- 7.8 Others
- 7.8.1 Market Trends
- 7.8.2 Market Forecast
8 Market Breakup by Application
- 8.1 Inventory/Asset-Tracking & Management
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Personnel/Staff-Locating & Monitoring
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Access Control/Security
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Environmental Monitoring
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Yard, Dock, Fleet Warehouse-Management & Monitoring
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Supply Chain Management & Operational Automation/Visibility
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Vertical
- 9.1 Healthcare
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Manufacturing & Automotive
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Retail
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Transportation & Logistics
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Government & Defense
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Education
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Oil & Gas, Mining
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.8 Sports & Entertainment
- 9.8.1 Market Trends
- 9.8.2 Market Forecast
- 9.9 Others
- 9.9.1 Market Trends
- 9.9.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Europe
- 10.2.1 Germany
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 France
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 United Kingdom
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 Italy
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Spain
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Russia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Asia Pacific
- 10.3.1 China
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 Japan
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 India
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 South Korea
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Australia
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Indonesia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Argentina
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.4 Colombia
- 10.4.4.1 Market Trends
- 10.4.4.2 Market Forecast
- 10.4.5 Chile
- 10.4.5.1 Market Trends
- 10.4.5.2 Market Forecast
- 10.4.6 Peru
- 10.4.6.1 Market Trends
- 10.4.6.2 Market Forecast
- 10.4.7 Others
- 10.4.7.1 Market Trends
- 10.4.7.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Turkey
- 10.5.1.1 Market Trends
- 10.5.1.2 Market Forecast
- 10.5.2 Saudi Arabia
- 10.5.2.1 Market Trends
- 10.5.2.2 Market Forecast
- 10.5.3 Iran
- 10.5.3.1 Market Trends
- 10.5.3.2 Market Forecast
- 10.5.4 United Arab Emirates
- 10.5.4.1 Market Trends
- 10.5.4.2 Market Forecast
- 10.5.5 Others
- 10.5.5.1 Market Trends
- 10.5.5.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 AeroScout Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 AiRISTA
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Alien Technology
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Axcess International Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 CenTrak Healthcare Company
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 DecaWave Limited
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Ekahau Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Identech Group AG
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Impinj
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Savi Technology
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Sonitor Technologies
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Stanley Healthcare
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 TeleTracking Technologies
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.14 Ubisense Group
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.15 Zebra Technologies
- 14.3.15.1 Company Overview
- 14.3.15.2 Product Portfolio
- 14.3.15.3 Financials
- 14.3.15.4 SWOT Analysis