The Real-Time Location Systems (RTLS) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Real-Time Location Systems (RTLS) Market?
The market for real-time location systems (RTLS) has experienced substantial growth in the past years. It is expected to expand from $11.67 billion in 2024 to $14.93 billion in 2025, representing a compound annual growth rate (CAGR) of 27.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Real-Time Location Systems (RTLS) Industry?
The Real-Time Location Systems (RTLS) market is projected to reach $42.36 billion in 2029, with a compound annual growth rate (CAGR) of 29.8%.
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What are the Key Growth Drivers Fueling the Real-Time Location Systems (RTLS) Market?
The key drivers in the real-time location systems (rtls) market are:
• Expansion in retail for enhanced customer experiences
• Increasing demand for social distancing solutions
• Focus on sustainability in various sectors
• Government initiatives aimed at public safety
Global Market Segmentation: Identifying Major Real-Time Location Systems (RTLS) Industry Segments
The real-time location systems (RTLS) market covered in this report is segmented –
1) By Component: Hardware, Software, Service
2) By Technology: RFID, Wi-Fi, Ultra-wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS, Other Technologies
3) By Application: Inventory Or Asset Tracking And Management, Personnel Or Staff Locating And Monitoring, Access Control And Security, Environmental Monitoring, Supply Chain Management And Operational Automation Or Visibility, Other Applications
4) By End Use Industry: Transportation And Logistics, Healthcare, Retail, Manufacturing And Processing, Other End User Industries
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What are the Emerging Trends Shaping the Future of the Real-Time Location Systems (RTLS) Market?
The key trends in the golf cart and neighborhood electric vehicle (nev) market are:
• Indoor navigation solutions are becoming a key trend within RTLS.
• The growth and evolution of logistics and supply chain are increasingly impacting RTLS.
• The adoption of ultra-wideband (UWB) technology is a significant trend shaping the market.
• The integration of data analytics and AI with RTLS is an emerging trend.
Who Are the Top Competitors & Leading Players in the Real-Time Location Systems (RTLS) Market?
Major companies in the real-time location systems (rtls) market are:
• Zebra Technologies Corp.
• Stanley Healthcare
• CenTrak Inc.
• Ubisense Group PLC
• TeleTracking Technologies Inc.
• Sonitor Technologies AS
• AeroScout Industrial
• DecaWave Limited
• Midmark Rtls Solutions Inc.
• AiRISTA Flow Inc.
• Savi Technology
• Lockheed Martin Corporation
• GE HealthCare Technologies Inc.
• Impinj Inc.
• Identec Group AG
• Ekahau
• Securitas AB
• Aruba Networks
• Alien Technology LLC
• Mirion Technologies
• Axcess International Inc.
• Awarepoint Corporation
• Cerner Corporation
• Elpas Solutions
• Infor Inc.
• Intelligent InSites Inc.
• Mojix Inc.
• Navis
• PLUS Location Systems
• Redpine Signals Inc.
• RF Technologies Inc.
Regional Dominance: Which Area Leads the Global Real-Time Location Systems (RTLS) Market?
North America was the largest region in the real-time location systems (RTLS) in 2024
