Real-Time Location Systems (RTLS) Global Market Report 2022 – By Component (Solutions, Services), By Technology (RFID, Wi-Fi, Ultra-wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS), 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), By End Use Industry (Transportation And Logistics, Healthcare, Retail, Manufacturing And Processing) – Market Size, Trends, And Global Forecast 2022-2026

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Description Table Of Contents Tables & Figures Market Insights Related Reports

The real-time location systems (RTLS) market consists of sales of real-time location systems by entities (organizations, sole traders, and partnerships) that are used to automatically recognize and track the location in real-time. A real-time location system is one of several systems that recognizes a target's present geolocation, which can range from a vehicle to a manufacturing plant product to a human. The RTLS is used for fleet tracking, navigation, inventory and asset tracking, personnel tracking, and network security.

The main types of components in real-time location systems (RTLS) are hardware, software, and service. In RTLS hardware, a transmitter is attached to an individual or property and uses a wireless signal to provide identification and location data to receivers. Signals from tagged assets are received by RTLS receivers placed across the facility, which identify the location. They can detect location either by the tag's proximity to receivers or by a mathematical technique called trilateration, based on the wireless technology employed. The different technologies include RFID, Wi-Fi, ultra-wideband (UWB), bluetooth low energy (BLE), ultrasound, infrared (IR), GPS and others and is used in 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 and others. It is implemented in various verticals such as transportation and logistics, healthcare, retail, manufacturing and processing, and others.

The global real-time location system (RTLS) market size is expected to grow from $5.37 billion in 2021 to $7.11 billion in 2022 at a compound annual growth rate (CAGR) of 32.6%. The change in the RTLS market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $19.20 billion in 2026 at a CAGR of 28.6%.

The increasing demand for smartphones is expected to propel the growth of the real-time location system (RTLS) market in the coming years. A smartphone is a portable electronic device that connects to a cellular network. Smartphones enable users to make phone calls, deliver text messages and connect to the internet. The growing population across the globe has led to an increase in the demand for the smartphone. Smartphones are used for incident response and emergency management because of real-time location system innovation, which is used to automatically spot and track the destination of objects or people in real-time. For instance, according to the Mobile User Statistics report, in 2021, there was 3.8 billion smartphone users worldwide, accounting for 48.33% of the global population. Therefore, the increasing demand for smartphones drives the growth of the RTLS market.

The growing technological advancements are shaping the real-time location system (RTLS) market. Major firms operating in the RTLS sector are focused on developing technological solutions for real-time locating and monitoring of assets and employees. For instance, in July 2020, Advantech, a China-based provider of industrial computing platform solutions launched a real-time location system solution-ready package (SRP) based on multi-mode sensing dynamic fusion (MSDF) technology. The MSDF technology, which uses a software algorithm to decrease interference from barriers, improves positioning effectiveness in challenging indoor environments, making it perfect for hospitals, nursing homes, and clinics.

In February 2020, Qorvo, a US-based company that designs, develops, manufactures and markets a variety of high-performance analog and mixed-signal integrated circuits acquired Decawave for an undisclosed amount. With this acquisition, the Decawave team has become the Ultra-Wideband Business Unit (UWBU) within Qorvo Mobile Products. Decawave is a Europe-based company that provides real-time location tracking services.

Major players in the real-time location system (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, Impinj, Identec Group AG and Ekahau.

North America was the largest region in the real-time location systems in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the RTLS market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the real-time location system (RTLS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The global real-time location system (RTLS) market 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, Others

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, Others

4) By End-Use Industry: Transportation and Logistics, Healthcare, Retail, Manufacturing and Processing, Others

    Table Of Contents

    1. Executive Summary

    2. Real-Time Location Systems Market Characteristics

    3. Real-Time Location Systems Market Trends And Strategies

    4. Impact Of COVID-19 On Real-Time Location Systems

    5. Real-Time Location Systems Market Size And Growth

    5.1. Global Real-Time Location Systems Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Real-Time Location Systems Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Real-Time Location Systems Market Segmentation

    6.1. Global Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Hardware

    Software

    Service

    6.2. Global Real-Time Location Systems Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    RFID

    Wi-Fi

    Ultra-wideband (UWB)

    Bluetooth Low Energy (BLE)

    Ultrasound

    Infrared (IR)

    GPS

    Others

    6.3. Global Real-Time Location Systems Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    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

    Others

    6.4. Global Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Transportation And Logistics

    Healthcare

    Retail

    Manufacturing And Processing

    Others

    7. Real-Time Location Systems Market Regional And Country Analysis

    7.1. Global Real-Time Location Systems Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Real-Time Location Systems Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Real-Time Location Systems Market  

    8.1. Asia-Pacific Real-Time Location Systems Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Real-Time Location Systems Market  

    9.1. China Real-Time Location Systems Market Overview  

    9.2. China Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Real-Time Location Systems Market  

    10.1. India Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Real-Time Location Systems Market  

    11.1. Japan Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Real-Time Location Systems Market  

    12.1. Australia Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Real-Time Location Systems Market  

    13.1. Indonesia Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Real-Time Location Systems Market  

    14.1. South Korea Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Real-Time Location Systems Market  

    15.1. Western Europe Real-Time Location Systems Market Overview

    15.2. Western Europe Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Real-Time Location Systems Market  

    16.1. UK Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Real-Time Location Systems Market  

    17.1. Germany Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Real-Time Location Systems Market  

    18.4. France Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Real-Time Location Systems Market  

    19.1. Eastern Europe Real-Time Location Systems Market Overview

    19.2. Eastern Europe Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Real-Time Location Systems Market  

    20.1. Russia Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Real-Time Location Systems Market  

    21.1. North America Real-Time Location Systems Market Overview

    21.2. North America Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Real-Time Location Systems Market  

    22.1. USA Real-Time Location Systems Market Overview

    22.2. USA Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Real-Time Location Systems Market  

    23.1. South America Real-Time Location Systems Market Overview

    23.2. South America Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Real-Time Location Systems Market  

    24.1. Brazil Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Real-Time Location Systems Market  

    25.1. Middle East Real-Time Location Systems Market Overview

    25.2. Middle East Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Real-Time Location Systems Market  

    26.1. Africa Real-Time Location Systems Market Overview

    26.2. Africa Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Real-Time Location Systems Market Competitive Landscape And Company Profiles

    27.1. Real-Time Location Systems Market Competitive Landscape

    27.2. Real-Time Location Systems Market Company Profiles

    27.2.1. Zebra Technologies Corp.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Stanley Healthcare

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. CenTrak Inc.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Ubisense Group PLC.

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. TeleTracking Technologies Inc.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Real-Time Location Systems Market

    29. Real-Time Location Systems Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Real-Time Location Systems Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Real-Time Location Systems Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Real-Time Location Systems Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Global Real-Time Location Systems Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: Asia-Pacific, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: China, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: India, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Japan, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Australia, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Indonesia, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: South Korea, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Western Europe, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: UK, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: Germany, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: France, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Eastern Europe, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: Russia, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: North America, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: USA, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: South America, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Brazil, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Middle East, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Real-Time Location Systems Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Africa, Real-Time Location Systems Market, Segmentation By End Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 47: Zebra Technologies Corp. Financial Performance
  • Table 48: Stanley Healthcare Financial Performance
  • Table 49: CenTrak Inc. Financial Performance
  • Table 50: Ubisense Group PLC. Financial Performance
  • Table 51: TeleTracking Technologies Inc. Financial Performance

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