India Real-Time Location System Market

India Real-Time Location System Market Overview:

The India real-time location system market size reached USD 800 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 5,700 Million by 2033, exhibiting a growth rate (CAGR) of 21.2% during 2025-2033. The market is driven by the increasing adoption of IoT and smart technologies, demand for enhanced supply chain visibility, and the need for operational efficiency across industries. The India real-time location system market growth is further fueled by 5G expansion, declining IoT device costs, and government initiatives promoting smart cities and industrial digitization.

India Real-Time Location System Market Trends:

Increasing Adoption of IoT and Smart Technologies

The rising adoption of the internet of things (IoT) and smart technologies across various industries is majorly propelling the India real-time location system market share. Businesses are increasingly leveraging RTLS to enhance operational efficiency, optimize resource utilization, and improve asset tracking. Industries such as manufacturing, healthcare, logistics, and retail are integrating RTLS solutions to monitor the real-time movement of assets, personnel, and inventory. For instance, in healthcare, RTLS is being used to track medical equipment and monitor patient flow, thereby improving service delivery. The proliferation of 5G technology and the declining costs of IoT devices are further driving the demand for RTLS in India. According to an industry report, India's 5G user base is expected to reach 970 Million by 2030, which is equivalent to 74% of mobile subscribers. This expansion is driven by innovations in Generative AI and a growing appetite for high-quality services. By the end of 2024, 5G subscriptions were expected to touch 270 Million, pointing to rapid change in India's telecom industry. This expansion creates a huge opportunity in the real-time location system sector. As organizations continue to prioritize automation and digital transformation, the RTLS market is expected to expand rapidly, supported by government initiatives promoting smart cities and industrial digitization.

Growing Demand for Enhanced Supply Chain Visibility

The rise in demand due to the need for enhanced supply chain visibility and efficiency is creating a positive India real-time location system market outlook. With the rapid growth of e-commerce and the increasing complexity of supply chain operations, businesses are turning to RTLS to gain real-time insights into their logistics and inventory management processes. According to a research report distributed by the IMARC Group, the Indian supply chain analytics market reached a value of USD 385.4 Million in 2024. The market size reached USD 351.6 Million in 2025, and it is estimated to reach USD 2,394.1 Million by 2033, demonstrating a compound annual growth rate (CAGR) of 20.6% from 2025 to 2033. In confluence with this, RTLS enables companies to track shipments, monitor warehouse activities, and reduce delays, ensuring the timely delivery of goods. This trend is particularly prominent in sectors such as retail, automotive, and pharmaceuticals, where accurate tracking and timely delivery are critical. Additionally, the COVID-19 pandemic has accelerated the adoption of RTLS as businesses seek to minimize disruptions and improve resilience in their supply chains. As India continues to emerge as a global manufacturing and logistics hub, the demand for RTLS solutions is expected to grow, driven by the need for transparency, efficiency, and cost-effectiveness in supply chain operations.

India Real-Time Location System Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component, technology, application, and vertical.

Component Insights:

• Hardware
• Software
• Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware, software, and services.

Technology Insights:

• RFID
• Wi-Fi
• UWB
• BLE
• Infrared (IR)
• Ultrasound
• GPS
• Others

A detailed breakup and analysis of the market based on the technology have also been provided in the report. This includes RFID, Wi-Fi, UWB, BLE, infrared (IR), ultrasound, GPS, and others.

Application Insights:

• Inventory/Asset-Tracking and Management
• Personnel/Staff-Locating and Monitoring
• Access Control/Security
• Environmental Monitoring
• Yard, Dock, Fleet Warehouse-Management and Monitoring
• Supply Chain Management and Operational Automation/Visibility
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes inventory/asset-tracking and management, personnel/staff-locating and monitoring, access control/security, environmental monitoring, yard, dock, fleet warehouse-management and monitoring, supply chain management and operational automation/visibility, and others.

Vertical Insights:

• Healthcare
• Manufacturing and Automotive
• Retail
• Transportation and Logistics
• Government and Defense
• Education
• Oil and Gas, Mining
• Sports and Entertainment
• Others

A detailed breakup and analysis of the market based on the vertical have also been provided in the report. This includes healthcare, manufacturing and automotive, retail, transportation and logistics, government and defense, education, oil and gas, mining, sports and entertainment, and others.

Regional Insights:

• North India
• South India
• East India
• West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Real-Time Location System Market News:

• October 01, 2024: Snapchat launched a new feature, "Footsteps," which will allow users to track their real-time location on Snap Map. It is available for iOS users in India, while the Android version is expected to arrive soon. Additionally, this feature was previously available only to Snapchat+ subscribers and enables Snaps that have been saved to be used with real-time info to generate a map showing historical travel activity and interesting locations. Users also have functionality to turn off tracking or remove their data which highlights the growing importance of real-time location tech in digital navigation.

India Real-Time Location System Market Report Coverage:

Key Questions Answered in This Report:

• How has the India real-time location system market performed so far and how will it perform in the coming years?
• What is the breakup of the India real-time location system market on the basis of component?
• What is the breakup of the India real-time location system market on the basis of technology?
• What is the breakup of the India real-time location system market on the basis of application?
• What is the breakup of the India real-time location system market on the basis of vertical?
• What is the breakup of the India real-time location system market on the basis of region?
• What are the various stages in the value chain of the India real-time location system market? 
• What are the key driving factors and challenges in the India real-time location system?
• What is the structure of the India real-time location system market and who are the key players?
• What is the degree of competition in the India real-time location system market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India real-time location system market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India real-time location system market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India real-time location system industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.