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Press Release:

Global Real Time Location System Market to Grow at 29.16% During 2022-2027, Impelled by Growing Product Application in Healthcare Sector

COVID-19
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Real Time Location System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global real time location system market reached a value of US$ 4.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.8 Billion by 2027, exhibiting a CAGR of 29.16% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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, along with forecasts at the global, regional and country level from 2022-2027. 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Technology, Application, Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates
Companies Covered 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 and Zebra Technologies
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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

List of Figures

Figure 1: Global: Real Time Location System Market: Major Drivers and Challenges
Figure 2: Global: Real Time Location System Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Real Time Location System Market: Breakup by Component (in %), 2021
Figure 4: Global: Real Time Location System Market: Breakup by Technology (in %), 2021
Figure 5: Global: Real Time Location System Market: Breakup by Application (in %), 2021
Figure 6: Global: Real Time Location System Market: Breakup by Vertical (in %), 2021
Figure 7: Global: Real Time Location System Market: Breakup by Region (in %), 2021
Figure 8: Global: Real Time Location System Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Real Time Location System (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Real Time Location System (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Real Time Location System (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Real Time Location System (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Real Time Location System (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Real Time Location System (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Real Time Location System (RFID) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Real Time Location System (RFID) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Real Time Location System (Wi-Fi) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Real Time Location System (Wi-Fi) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Real Time Location System (UWB) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Real Time Location System (UWB) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Real Time Location System (BLE) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Real Time Location System (BLE) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Real Time Location System (Infrared) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Real Time Location System (Infrared) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Real Time Location System (Ultrasound) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Real Time Location System (Ultrasound) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Real Time Location System (GPS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Real Time Location System (GPS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Real Time Location System (Other Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Real Time Location System (Other Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Real Time Location System (Inventory/Asset-Tracking & Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Real Time Location System (Inventory/Asset-Tracking & Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Real Time Location System (Personnel/Staff-Locating & Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Real Time Location System (Personnel/Staff-Locating & Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Real Time Location System (Access Control/Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Real Time Location System (Access Control/Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Real Time Location System (Environmental Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Real Time Location System (Environmental Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Real Time Location System (Yard, Dock, Fleet Warehouse-Management & Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Real Time Location System (Yard, Dock, Fleet Warehouse-Management & Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Real Time Location System (Supply Chain Management & Operational Automation/Visibility) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Real Time Location System (Supply Chain Management & Operational Automation/Visibility) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Global: Real Time Location System (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Global: Real Time Location System (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Global: Real Time Location System (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Global: Real Time Location System (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Global: Real Time Location System (Manufacturing & Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Global: Real Time Location System (Manufacturing & Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Global: Real Time Location System (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Global: Real Time Location System (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Global: Real Time Location System (Transportation & Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Global: Real Time Location System (Transportation & Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Global: Real Time Location System (Government & Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Global: Real Time Location System (Government & Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Global: Real Time Location System (Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Global: Real Time Location System (Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Global: Real Time Location System (Oil & Gas, Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Global: Real Time Location System (Oil & Gas, Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Global: Real Time Location System (Sports & Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Global: Real Time Location System (Sports & Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Global: Real Time Location System (Other Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Global: Real Time Location System (Other Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: North America: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: North America: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: United States: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: United States: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Canada: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Canada: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Europe: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Europe: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Germany: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Germany: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: France: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: France: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: United Kingdom: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: United Kingdom: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Italy: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Italy: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Spain: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Spain: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Russia: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Russia: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Others: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Others: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Asia Pacific: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Asia Pacific: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: China: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: China: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Japan: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Japan: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: India: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 92: India: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: South Korea: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 94: South Korea: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 95: Australia: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 96: Australia: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 97: Indonesia: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 98: Indonesia: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 99: Others: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 100: Others: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 101: Latin America: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 102: Latin America: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 103: Brazil: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 104: Brazil: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 105: Mexico: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 106: Mexico: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 107: Argentina: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 108: Argentina: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 109: Colombia: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 110: Colombia: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 111: Chile: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 112: Chile: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 113: Peru: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 114: Peru: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 115: Others: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 116: Others: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 117: Middle East and Africa: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 118: Middle East and Africa: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 119: Turkey: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 120: Turkey: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 121: Saudi Arabia: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 122: Saudi Arabia: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 123: Iran: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 124: Iran: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 125: United Arab Emirates: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 126: United Arab Emirates: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 127: Others: Real Time Location System Market: Sales Value (in Million US$), 2016 & 2021
Figure 128: Others: Real Time Location System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 129: Global: Real Time Location System Industry: SWOT Analysis
Figure 130: Global: Real Time Location System Industry: Value Chain Analysis
Figure 131: Global: Real Time Location System Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Real Time Location System Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Real Time Location System Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Real Time Location System Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Real Time Location System Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Real Time Location System Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 6: Global: Real Time Location System Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Real Time Location System Market: Competitive Structure
Table 8: Global: Real Time Location System Market: Key Players


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Key Questions Answered in This Report

The global real time location system market was valued at US$ 4.5 Billion in 2021.

We expect the global real time location system market to exhibit a CAGR of 29.16% during 2022-2027.

The increasing adoption of real-time location system across several industries to aid in identifying and
tracking the geographical location of objects and people in real-time is primarily driving the global real
time location system market.

The sudden outbreak of the COVID-19 pandemic has led to the rising demand for real time location
system across several end-use industries, specifically in the healthcare sector, owing to the increasing
patient influx and rising need for real-time tracking of several medical equipment.

Based on the component, the global real time location system market has been segmented into
hardware, software, and services. Currently, hardware holds the majority of the total market share.

Based on the technology, the global real time location system market can be divided into RFID, Wi-Fi,
UWB, BLE, Infrared (IR), ultrasound, GPS, and others. Among these, RFID currently exhibits a clear
dominance in the market.

Based on the application, the global real time location system market has been categorized into
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, and others. Currently, inventory/asset-tracking &
management accounts for the majority of the global market share.

Based on the vertical, the global real time location system market can be segregated into healthcare,
manufacturing & automotive, retail, transportation & logistics, government & defense, education, oil &
gas, mining, sports & entertainment, and others. Among these, the healthcare industry currently holds
the largest market share.

On a regional level, the market has been classified into North America, Europe, Asia Pacific, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global real time location system market include 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.

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