+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Real-Time Location System (RTLS) Solutions: Global Strategic Business Report

  • PDF Icon

    Report

  • 211 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 2228065
Description Jump to:

Global Real-Time Location System (RTLS) Solutions Market to Reach $42 Billion by 2030

The global market for Real-Time Location System (RTLS) Solutions estimated at US$7 Billion in the year 2022, is projected to reach a revised size of US$42 Billion by 2030, growing at a CAGR of 25.2% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 19.4% CAGR and reach US$14 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 26.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 24.6% CAGR

The Real-Time Location System (RTLS) Solutions market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$7.3 Billion by the year 2030 trailing a CAGR of 24.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.8% and 20.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR.

Select Competitors (Total 78 Featured) -

  • AiRISTA Flow
  • CenTrak
  • DecaWave Ltd.
  • GE Healthcare
  • IDENTEC Solutions AG
  • Midmark Corporation
  • Mojix Inc.
  • Savi Technology Inc.
  • Sonitor Technologies Inc.
  • Stanley Healthcare
  • TeleTracking Technologies Inc.
  • Ubisense Group plc
  • Zebra Technologies Corporation

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Asset Management Goes Hi-Tech with Location Awareness
  • Recent Market Activity
  • Positive Global Economy Buoys General Market Optimism
  • Real Time Location Systems (RTLS) - The Buzzword for Comprehensive Location Tracking of People & Physical Assets in Organizations
  • Issues with Traditional Location Tracking Solutions Drive Focus on RTLS Solutions
  • RTLS - Market Dynamics
  • Volatile Economic Environment Encourages Use of RTLS as a Mainstream Cost Rationalization Strategy
  • Outlook
  • Real-Time Location System (RTLS) Solutions - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • AiRISTA Flow (USA)
  • CenTrak (USA)
  • DecaWave Ltd. (Ireland)
  • GE Healthcare (USA)
  • IDENTEC Solutions AG (Austria)
  • Midmark Corporation (USA)
  • Mojix, Inc. (USA)
  • Savi Technology, Inc. (USA)
  • Sonitor Technologies, Inc. (USA)
  • Stanley Healthcare (USA)
  • TeleTracking Technologies, Inc. (USA)
  • Ubisense Group plc (UK)
  • Zebra Technologies Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Developing Markets - Hotspots for Growth
  • Manufacturing Industry - Traditional Revenue Contributor for RTLS
  • Global Manufacturing PMI - An Important Bellwether
  • Steady Production Outlook for Cars & Commercial Vehicles Augurs Well for RTLS Demand in Automotive Manufacturing
  • Emergence of Smart Factories - A Boon for RTLS Solutions Market
  • Healthcare Industry - A Market Laden with Immense Potential for RTLS Adoption
  • Growing Focus on Improving Patient and Work Flow Drives Business Case for RTLS
  • Need to Reduce Patient Waiting Time Drives Focus on Adoption of RTLS
  • Advanced Location and Monitoring for Improved Safety and Security of Patients and Staff
  • Location Based Intelligence Optimizes Inventory Management Costs
  • Automated Temperature Recording and Documentation for Compliance
  • Navigation Techniques and Forensics
  • Convergence of RTLS with Mobile Health to Pave Way for Smart Hospitals
  • Adoption of RTLS to Revolutionize Transportation and Logistics Operations
  • Expanding End-Use Markets to Drive Market for RTLS
  • Retail - A Highly Promising End-use Sector for RTLS Technologies
  • Sports - A Niche, Albeit Rapidly Emerging Application for RTLS Solutions
  • Opportunities Galore for RTLS in Safety and Security Applications Market
  • Agricultural Operations to Benefit from Growing Use of RTLS Solutions
  • Government Projects to Lend Traction to RTLS Market
  • Falling Upfront Costs to Spur Widespread Adoption and Implementation
  • RTLS - A Game Changer for the LBS Market
  • RTLS to Play Instrumental Role in Emerging World of Internet of Things
  • Technology Developments Boost Market Prospects for RTLS Solutions Market
  • Higher Degree of Customizability Increases Appeal for RTLS Solution
  • Integration of RTLS with ERP Boosts Return on Investment on Corporate IT Systems
  • Market Constraints
  • Lack of Awareness
  • Dragging Pace of Standardization, Lack of Interoperability of RTLS Products
  • High Total Cost of Ownership of RTLS Solutions
  • Growing Concerns Related to Data Privacy
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Real-Time Location System (RTLS) Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Real-Time Location System (RTLS) Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Real-Time Location System (RTLS) Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for UWB by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for UWB by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for UWB by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for RFID by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for RFID by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for RFID by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Wi-Fi by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Wi-Fi by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Wi-Fi by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Other Technologies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Other Technologies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Manufacture & Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Manufacture & Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for Manufacture & Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Transportation & Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 32: World Historic Review for Transportation & Logistics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 33: World 16-Year Perspective for Transportation & Logistics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 34: World Recent Past, Current & Future Analysis for Government & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 35: World Historic Review for Government & Defense by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 36: World 16-Year Perspective for Government & Defense by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 37: World Recent Past, Current & Future Analysis for Education by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 38: World Historic Review for Education by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 39: World 16-Year Perspective for Education by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 40: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 41: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 42: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2023 & 2030
  • Table 43: World Real-Time Location System (RTLS) Solutions Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
REST OF EUROPE
ASIA-PACIFIC
  • Real-Time Location System (RTLS) Solutions Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
REST OF WORLDIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AiRISTA Flow
  • CenTrak
  • DecaWave Ltd.
  • GE Healthcare
  • IDENTEC Solutions AG
  • Midmark Corporation
  • Mojix Inc.
  • Savi Technology Inc.
  • Sonitor Technologies Inc.
  • Stanley Healthcare
  • TeleTracking Technologies Inc.
  • Ubisense Group plc
  • Zebra Technologies Corporation

Table Information

Report AttributeDetails
No. of Pages211
PublishedApril 2024
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 7 Billion
Forecasted Market Value ( USD ) by 2030 $ 42 Billion
Compound Annual Growth Rate25.1%
Regions CoveredGlobal

Related Topics

Related Reports

Global Location-based Services (LBS) and Real-Time Location Systems (RTLS) Market by Offering (Platform, Services, Hardware), Location Type, Technology, Application (Tracking & Navigation, Marketing & Advertising), Vertical and Region - Forecast to 2028 - Product Image

Global Location-based Services (LBS) and Real-Time Location Systems (RTLS) Market by Offering (Platform, Services, Hardware), Location Type, Technology, Application (Tracking & Navigation, Marketing & Advertising), Vertical and Region - Forecast to 2028

  • Report
  • 286 Pages
  • Global
From
Global RTLS Market for Healthcare by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee), Application (Inventory/Asset Tracking, Personnel Monitoring), Facility Type, and Region - Forecast to 2028 - Product Image

Global RTLS Market for Healthcare by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee), Application (Inventory/Asset Tracking, Personnel Monitoring), Facility Type, and Region - Forecast to 2028

  • Report
  • 220 Pages
  • Global
From
Global RTLS In Healthcare Market Size, Share & Industry Trends Analysis Report By Facility Type, By Component (Hardware, Software, and Services), By Technology (RFID, Wi-Fi, UWB, BLE, and Others), By Application, By Regional Outlook and Forecast, 2023 - 2030 - Product Image

Global RTLS In Healthcare Market Size, Share & Industry Trends Analysis Report By Facility Type, By Component (Hardware, Software, and Services), By Technology (RFID, Wi-Fi, UWB, BLE, and Others), By Application, By Regional Outlook and Forecast, 2023 - 2030

  • Report
  • Global
From
Real-Time Location Systems (RTLS) Global Market Report 2024 - Product Image

Real-Time Location Systems (RTLS) Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Global Real-Time Location Systems (RTLS) Market 2023-2027 - Product Image

Global Real-Time Location Systems (RTLS) Market 2023-2027

  • Report
  • 171 Pages
  • Global
From
Copyright © 2002-2024 Research and Markets. All Rights Reserved.