조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년08월
Real-time Location Systems Market – Global Forecast to 2029
실시간 위치 추적 시스템(RTLS) 시장 – 하드웨어(태그/배지, 리더/트래커), 기술(RFID, Wi-Fi, UWB, BLE, 적외선, 초음파, GPS, Zigbee, RuBee), 애플리케이션(재고/자산 추적, 개인 모니터링), 지역별 – 2029년까지의 세계 예측
Real-time Location Systems Market by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee, RuBee), Application (Inventory/Asset Tracking, Personnel Monitoring), Region – Global Forecast to 2029
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Report Overview
The global real-time location systems market is estimated to grow from USD 6.03 billion in 2024 and is projected to reach USD 15.79 billion by 2029, at a CAGR of 21.2% during the forecast period.
세계의 실시간 위치 추적 시스템 시장은 2024년 60억 3000만 달러에서 성장할 것으로 추정되며 예측 기간 동안 CAGR은 21.2%로 2029년까지 157억 9000만 달러에 도달할 것으로 예측됩니다.
Real-time location systems (RTLS), also known as local positioning and tracking systems, are primarily used to automatically identify and locate the real-time position of objects/people in diverse environments and industries. RTLS tags or badges, attached to objects or worn by people, communicate wirelessly with fixed receivers/readers/or access points installed in the vicinity. Different wireless technologies, such as radiofrequency identification (RFID), wireless fidelity (Wi-Fi), ultrasound, infrared (IR), ultra-wideband (UWB), and Bluetooth Low Energy (BLE), are used in modern-day RTLS solutions, depending on the use case or application.
“Software segment is expected to grow with a significant CAGR during the forecast period.”
By offering, the software segment held a significant share of the real-time location systems market in 2022. RTLS software is used in several industries, including healthcare, manufacturing, logistics, hospitality, and education. RTLS helps manage many purposes, including maximizing workflow efficiency, safety, wayfinding, and inventory and asset control. The web interface of RTLS software manages and oversees data, sensors, and elements and controls every reader device. The RTLS software web interface allows a real-time user-friendly monitoring system incorporating an intuitive autonomous rule engine that functions 24/7. All these features are expected to drive the software market growth during the forecast period
“Yard, dock, fleet, and warehouse management & monitoring segment likely to gain a significant market share between 2024 and 2029.”
Maximizing yard operations, loading docks, and gate check-in are vital for companies, although they can be labor-intensive and involve multiple authorization steps. RTLS solutions provide real-time intelligence to synchronize these operations, helping companies forecast with precision and maintain a steady flow of materials, parcels, and goods to their distribution centers or manufacturing plants at a lower cost. These solutions offer more thoughtful planning, increased yard throughput, and accurate real-time data, allowing optimized space planning and movement tracking. By managing the switcher and implementing fast gate systems, RTLS solutions can reduce costs by decreasing switcher deadhead time and increasing trailer moves.
RTLS solutions are also beneficial in warehouse management, providing better visibility of assets and optimizing space usage. By efficiently using space, resources, and time, RTLS solutions can achieve higher throughput and eliminate operational errors. They also allow for flexible storage plans, promoting leaner operations and improved performance in end-use verticals.
“Manufacturing & Automotive segment to gain the largest market share during the forecast period.”
The manufacturing vertical includes automotive; aerospace; heavy equipment; and tire, glass, and other manufacturing companies. This vertical has a vast market potential for RTLS solutions mainly because of the increasing awareness about asset/staff safety and rapid industrialization, especially in developing regions such as Asia Pacific and RoW. The RTLS solution helps improve safety in manufacturing plants by tracking every movement of assets, staff, and vehicles. RTLS can also monitor the proximity between workers and forklifts, ensuring the safety of assets and the workforce by preventing accidents, collisions, and controlling overspeed. Moreover, the RTLS increases operational efficiency by optimizing workflows and improving employee productivity with the help of AI-integrated smart systems. RTLS can also be utilized in other applications, such as visitor location tracking, visitor wayfinding, staff location tracking, secure restricted areas, production/manufacturing process tracking, condition monitoring, cold chain monitoring, equipment tracking, evacuation, and emergency accountability.
“Europe is anticipated to gain a substantial market share by 2029.”
Europe is projected to grow at a significant CAGR during the forecast period. The tremendous growth of the automotive and manufacturing industries in Europe is the major driving factor for developing the RTLS market in this region. The UK, Germany, and France are the major countries spending the highest on RTLS solutions in Europe. Additionally, the other European markets are slowly gaining traction with the gradual increase in the adoption of RTLS solutions. RTLS solutions will gain traction in the coming years as companies seek to integrate these solutions to improve their processes further and drive growth. Europe is one of the significant regions for research and development (R&D) in location-based solutions. Most of the individual customers or enterprises in Europe extensively use location-based and mapping services, driving the growth of the RTLS market in Europe.
Breakdown of primaries
A variety of executives from key organizations operating in the real-time location systems market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.
- By Company Type: Tier 1 – 45%, Tier 2 – 20%, and Tier 3 – 35%
- By Designation: C-level Executives = 35%, Directors = 25%, and Others (sales, marketing, and product managers, as well as members of various organizations) = 40%
- By Region: North America = 40%, Europe = 25%, Asia Pacific =30%, and RoW = 5%
Key players profiled in this report
Securitas Technology (Sweden), Zebra Technologies Corporation (US), HPE Aruba Networking (US), Impinj, Inc. (US), and Savi Technology (US), are the key players in the real-time location system market. These leading companies possess a robust portfolio of products and establish a strong presence in established and emerging markets. The study provides a comprehensive competitive analysis of these key players in the real-time location system market, presenting their company profiles, recent developments, and key market strategies.
Research Coverage
This report has segmented the real-time location systems market based on offering, technology, application, vertical, and region. The real-time location systems market based on offerings has been segmented into hardware, software, and services. Based on technology, the market has been segmented into RFID, Wi-Fi, UWB, BLE, ultrasound, infrared, GPS, and other technologies. Based on application, the market has been segmented into inventory/asset tracking & management, personnel locating & monitoring, access control & security, environmental monitoring, yard, dock, fleet, & warehouse management & monitoring, supply chain management & automation, and others. Based on vertical, the market has been segmented into healthcare, manufacturing & automotive, retail, transportation & logistics, government & defense, education, oil & gas, mining, sports & entertainment, and other verticals. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.
Reasons to buy the report:
The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the real-time location system market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing development of cost-effective and application-specific RTLS solutions by startups, rising adoption of RTLS tags for asset tracking to improve return on investment, growing emphasis on maintaining patient and staff safety in healthcare facilities, burgeoning demand for ultra-wideband-powered RTLS solutions due to high accuracy), restraints (data security and privacy concerns, high installation and maintenance costs), opportunities (rising need for efficient resource utilization and workflow optimization, increasing popularity of hybrid RTLS solutions, escalating adoption of healthcare IoT solutions
Increasing applications of RTLS technology in sports and entertainment sector, rapid industrialization and economic growth in developing countries) and challenges (concerns regarding trade-offs between range and accuracy and interoperability issues due to lack of standardization).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the real-time location system market
- Market Development: Comprehensive information about lucrative markets – the report analyses the real-time location system market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the real-time location system market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Securitas Technology (Sweden), Zebra Technologies Corporation (US), and HPE Aruba Networking (US) among others.
Table of Contents
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 25
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 25
1.3.2 INCLUSIONS AND EXCLUSIONS 26
1.3.3 YEARS CONSIDERED 27
1.4 CURRENCY CONSIDERED 27
1.5 UNITS CONSIDERED 27
1.6 STAKEHOLDERS 28
1.7 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY AND PRIMARY RESEARCH 30
2.1.2 SECONDARY DATA 31
2.1.2.1 List of key secondary sources 31
2.1.2.2 Key data from secondary sources 31
2.1.3 PRIMARY DATA 32
2.1.3.1 Intended participants in primary interview participants 32
2.1.3.2 List of major participants in primary interviews 32
2.1.3.3 Key data from primary sources 33
2.1.3.4 Key industry insights 33
2.1.3.5 Breakdown of primaries 34
2.2 MARKET SIZE ESTIMATION METHODOLOGY 34
2.2.1 TOP-DOWN APPROACH 34
2.2.1.1 Approach to arrive at market size using top-down analysis
(supply side) 35
2.2.2 BOTTOM-UP APPROACH 35
2.2.2.1 Approach to arrive at market size using bottom-up analysis
(demand side) 35
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 37
2.4 RESEARCH ASSUMPTIONS 38
2.5 RESEARCH LIMITATIONS 38
2.6 RISK ASSESSMENT 39
3 EXECUTIVE SUMMARY 40
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN RTLS MARKET 44
4.2 RTLS MARKET, BY TECHNOLOGY 44
4.3 RTLS MARKET, BY APPLICATION 45
4.4 RTLS MARKET IN NORTH AMERICA, BY COUNTRY AND VERTICAL 45
4.5 RTLS MARKET, BY COUNTRY 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
5.2.1 DRIVERS 47
5.2.1.1 Increasing development of cost-effective and application-specific RTLS solutions by startups 47
5.2.1.2 Rising adoption of RTLS tags for asset tracking to improve return on investment 48
5.2.1.3 Growing emphasis on maintaining patient and staff safety in healthcare facilities 49
5.2.1.4 Burgeoning demand for ultra-wideband-powered RTLS solutions due to high accuracy 49
5.2.2 RESTRAINTS 50
5.2.2.1 Data security and privacy issues 50
5.2.2.2 High installation and maintenance costs 50
5.2.3 OPPORTUNITIES 51
5.2.3.1 Rising need for efficient resource utilization and workflow optimization 51
5.2.3.2 Increasing popularity of hybrid RTLS solutions 51
5.2.3.3 Escalating adoption of healthcare IoT solutions 52
5.2.3.4 Increasing application of RTLS technology in sports and entertainment sector 52
5.2.3.5 Rapid industrialization and economic growth in developing countries 52
5.2.4 CHALLENGES 53
5.2.4.1 Concerns regarding trade-off between range and accuracy 53
5.2.4.2 Interoperability issues due to lack of standardization 54
5.3 IMPACT OF AI/GEN AI ON RTLS MARKET 54
5.3.1 INTRODUCTION 54
5.3.2 MARKET POTENTIAL IN RTLS APPLICATIONS 55
5.3.2.1 Healthcare 55
5.3.2.2 Manufacturing & logistics 55
5.3.3 AI USE CASES IN RTLS 56
5.3.4 KEY COMPANIES IMPLEMENTING AI 56
5.3.5 FUTURE OF GENERATIVE AI IN RTLS ECOSYSTEM 57
5.3.6 INTERCONNECT ADJACENT ECOSYSTEM 58
5.3.6.1 Impact on IoT market 58
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 58
5.5 VALUE CHAIN ANALYSIS 59
5.6 ECOSYSTEM ANALYSIS 61
5.7 INVESTMENT AND FUNDING SCENARIO 63
5.8 TECHNOLOGY ANALYSIS 63
5.8.1 KEY TECHNOLOGIES 63
5.8.1.1 Hybrid RTLS 63
5.8.2 COMPLEMENTARY TECHNOLOGIES 64
5.8.2.1 IoT 64
5.8.2.2 Artificial intelligence 64
5.9 TRADE ANALYSIS 64
5.9.1 IMPORT SCENARIO (HS CODE 852352) 64
5.9.2 EXPORT SCENARIO (HS CODE 852352) 65
5.10 PATENT ANALYSIS 66
5.11 KEY CONFERENCES AND EVENTS, 2024–2025 67
5.12 CASE STUDY ANALYSIS 68
5.12.1 NGK CERAMICS ADOPTS QUUPPA’S RTLS TAGS TO STREAMLINE INVENTORY MANAGEMENT AND ADDRESS PRODUCTION DELAYS 68
5.12.2 ADVENTIST HEALTH WHITE MEMORIAL PARTNERED WITH TAGNOS TO OPTIMIZE OPERATING ROOM EFFICIENCY USING RTLS TAGS 68
5.12.3 PIEDMONT HEALTHCARE ADOPTS VIZZIA’S RTLS SOLUTION TO STANDARDIZE ASSET MANAGEMENT 69
5.12.4 DYER ENGINEERING LEVERAGES THINKIN’S QUUPPA TECHNOLOGY-BASED RTLS FOR REAL-TIME ASSET TRACKING 70
5.13 REGULATORY LANDSCAPE 71
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
5.13.2 STANDARDS 72
5.14 PORTER’S FIVE FORCES ANALYSIS 73
5.14.1 BARGAINING POWER OF SUPPLIERS 74
5.14.2 BARGAINING POWER OF BUYERS 74
5.14.3 INTENSITY OF COMPETITIVE RIVALRY 75
5.14.4 THREAT OF NEW ENTRANTS 75
5.14.5 THREAT OF SUBSTITUTES 75
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 75
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 75
5.15.2 BUYING CRITERIA 76
5.16 PRICING ANALYSIS 77
5.16.1 AVERAGE SELLING PRICE TREND OF RTLS 77
5.16.2 INDICATIVE PRICING TREND OF KEY PLAYERS, BY OFFERING 78
5.16.3 INDICATIVE PRICING TREND, BY REGION 79
6 RTLS MARKET, BY OFFERING 80
6.1 INTRODUCTION 81
6.2 HARDWARE 83
6.2.1 TAGS/BADGES 86
6.2.1.1 Rising use of tags to track assets in real time to drive market 86
6.2.2 READERS/TRACKERS/ACCESS POINTS 86
6.2.2.1 Growing focus on enhancing precision in RTLS to boost demand 86
6.2.3 OTHER HARDWARE PRODUCTS 87
6.3 SOFTWARE 87
6.3.1 ELEVATING DEMAND FOR CUSTOMIZED RTLS TO FUEL SEGMENTAL GROWTH 87
6.4 SERVICES 89
6.4.1 DEPLOYMENT & INTEGRATION 90
6.4.1.1 Adoption of hybrid RTLS in hospitals to drive segmental growth 90
6.4.2 SUPPORT & MAINTENANCE 91
6.4.2.1 Need for uninterrupted operations of RTLS to boost demand 91
6.4.3 CONSULTING 91
6.4.3.1 Increasing importance of workplace security to fuel segmental growth 91
7 RTLS MARKET, BY TECHNOLOGY 92
7.1 INTRODUCTION 93
7.2 RFID 94
7.2.1 ABILITY TO TRACK VALUABLE ASSETS WITH GREATER ACCURACY TO DRIVE MARKET 94
7.3 WI-FI 98
7.3.1 EASY AVAILABILITY AND COMPATIBILITY WITH EXISTING INFRASTRUCTURE TO ACCELERATE DEMAND 98
7.4 UWB 100
7.4.1 FAST UPDATE RATES AND LONG BATTERY LIFE TO BOOST DEMAND 100
7.5 BLE 102
7.5.1 LONG LIFE AND LOW POWER CONSUMPTION TO PROPEL ADOPTION 102
7.6 ULTRASOUND 105
7.6.1 ESCALATED DEMAND FROM SENIOR LIVING FACILITIES TO FOSTER MARKET GROWTH 105
7.7 INFRARED 107
7.7.1 DEPLOYMENT IN SUB-ROOM-LEVEL ACCURACY APPLICATIONS TO SUPPORT MARKET GROWTH 107
7.8 GPS 109
7.8.1 UTILIZATION IN SURVEYING AND MAPPING APPLICATIONS TO STIMULATE MARKET EXPANSION 109
7.9 OTHER TECHNOLOGIES 112
8 RTLS MARKET, BY APPLICATION 115
8.1 INTRODUCTION 116
8.2 INVENTORY/ASSET TRACKING & MANAGEMENT 118
8.2.1 CRITICAL NEED FOR REAL-TIME TRACKING OF MEDICAL EQUIPMENT IN HOSPITALS TO DRIVE MARKET 118
8.3 PERSONNEL LOCATING & MONITORING 120
8.3.1 STRONG FOCUS ON ENSURING PATIENT AND STAFF SAFETY TO FUEL MARKET GROWTH 120
8.4 ACCESS CONTROL & SECURITY 121
8.4.1 IMMEDIATE NEED TO PREVENT UNAUTHORIZED ACCESS TO RESTRICTED AREAS TO SPIKE DEMAND 121
8.5 ENVIRONMENTAL MONITORING 123
8.5.1 GROWING IMPLEMENTATION TO ENSURE SAFE STORAGE OF PHARMACEUTICALS AND VACCINES TO DRIVE MARKET 123
8.6 YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING 125
8.6.1 PRESSING NEED FOR EFFICIENT WAREHOUSE MANAGEMENT TO FOSTER MARKET GROWTH 125
8.7 SUPPLY CHAIN MANAGEMENT & AUTOMATION 126
8.7.1 SIGNIFICANT FOCUS ON IMPROVING SUPPLY CHAIN VISIBILITY TO DRIVE MARKET 126
8.8 OTHER APPLICATIONS 127
9 RTLS MARKET, BY VERTICAL 130
9.1 INTRODUCTION 131
9.2 HEALTHCARE 132
9.2.1 INCREASING NEED TO TRACK PATIENTS, ASSETS, AND INVENTORY IN HOSPTIAL PREMISES TO PROPEL MARKET 132
9.3 MANUFACTURING & AUTOMOTIVE 134
9.3.1 RISING ADOPTION TO OPTIMIZE WORKFLOW ACTIVITIES TO FOSTER MARKET GROWTH 134
9.4 RETAIL 135
9.4.1 GROWING IMPORTANCE OF INVENTORY TRACKING AND MANAGEMENT IN RETAIL TO BOOSTS DEMAND 135
9.5 TRANSPORTATION & LOGISTICS 136
9.5.1 URGENT REQUIREMENT TO STREAMLINE BUSINESS OPERATIONS TO FUEL MARKET GROWTH 136
9.6 GOVERNMENT 137
9.6.1 INCREASING SAFETY CONCERNS FOR HIGH-VALUE ASSETS TO STIMULATE DEMAND 137
9.7 EDUCATION 138
9.7.1 INCREASING FOCUS ON TRACKING REAL-TIME MOVEMENTS AND AUTOMATING STUDENT AND STAFF ATTENDANCE TO FUEL MARKET GROWTH 138
9.8 OIL & GAS AND MINING 139
9.8.1 NECESSITY TO TRACK AND CONTROL HIGH-RISK ENVIRONMENTS AND ENHANCE WORKER SAFETY TO DRIVE ADOPTION 139
9.9 SPORTS & ENTERTAINMENT 140
9.9.1 GROWING IMPORTANCE OF DATA ANALYTICS IN SPORTS INDUSTRY TO ACCELERATE MARKET GROWTH 140
9.10 OTHER VERTICALS 141
10 RTLS MARKET, BY REGION 143
10.1 INTRODUCTION 144
10.2 NORTH AMERICA 146
10.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 146
10.2.2 US 150
10.2.2.1 Strong presence of well-established RTLS companies to support market growth 150
10.2.3 CANADA 151
10.2.3.1 Growing focus on establishing smart hospitals to drive market 151
10.2.4 MEXICO 151
10.2.4.1 Rising demand from automotive industry to contribute to market growth 151
10.3 EUROPE 152
10.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 152
10.3.2 GERMANY 158
10.3.2.1 Growing deployment of advanced manufacturing and communications technologies to spur demand 158
10.3.3 UK 158
10.3.3.1 Rising implementation of UWB and IR technology-based RTLS solutions in healthcare industry to fuel market growth 158
10.3.4 FRANCE 159
10.3.4.1 Increasing demand from aerospace & defense sector to offer growth opportunities 159
10.3.5 ITALY 159
10.3.5.1 Growing emphasis on modernizing healthcare sector to accelerate demand 159
10.3.6 SPAIN 160
10.3.6.1 Increasing focus on improving inventory management to drive market 160
10.3.7 REST OF EUROPE 160
10.4 ASIA PACIFIC 161
10.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 161
10.4.2 CHINA 166
10.4.2.1 Increasing investment in advanced location tracking and identification technologies to drive market 166
10.4.3 JAPAN 167
10.4.3.1 Rapid adoption of IT in home nursing care settings to offer lucrative growth opportunities 167
10.4.4 SOUTH KOREA 167
10.4.4.1 Growing adoption of smart factories to drive market 167
10.4.5 AUSTRALIA 168
10.4.5.1 Rising demand from mining sector to foster market growth 168
10.4.6 SINGAPORE 168
10.4.6.1 Ongoing developments in transportation sector to drive demand 168
10.4.7 PHILIPPINES 169
10.4.7.1 Expanding manufacturing sector to offer lucrative growth opportunities 169
10.4.8 MALAYSIA 169
10.4.8.1 Rapid urbanization and smart city initiatives to boost demand 169
10.4.9 REST OF ASIA PACIFIC 169
10.5 ROW 170
10.5.1 MACROECONOMIC OUTLOOK FOR ROW 170
10.5.2 MIDDLE EAST 174
10.5.2.1 Pressing need to ensure workplace safety and security to drive market 174
10.5.2.2 GCC countries 174
10.5.2.3 Rest of Middle East 175
10.5.3 SOUTH AMERICA 175
10.5.3.1 Rising demand for RTLS solutions from petroleum companies to drive market 175
10.5.4 AFRICA 175
10.5.4.1 Rising use in mining facilities to offer growth opportunities 175
11 COMPETITIVE LANDSCAPE 176
11.1 INTRODUCTION 176
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024 176
11.3 REVENUE ANALYSIS, 2019–2023 178
11.4 MARKET SHARE ANALYSIS, 2023 178
11.5 COMPANY VALUATION AND FINANCIAL METRICS 180
11.6 BRAND/PRODUCT COMPARISON 181
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 182
11.7.1 STARS 182
11.7.2 EMERGING LEADERS 182
11.7.3 PERVASIVE PLAYERS 182
11.7.4 PARTICIPANTS 182
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 184
11.7.5.1 Company footprint 184
11.7.5.2 Application footprint 185
11.7.5.3 Offering footprint 186
11.7.5.4 Technology footprint 187
11.7.5.5 Vertical footprint 188
11.7.5.6 Region footprint 189
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 190
11.8.1 PROGRESSIVE COMPANIES 190
11.8.2 RESPONSIVE COMPANIES 190
11.8.3 DYNAMIC COMPANIES 190
11.8.4 STARTING BLOCKS 191
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 192
11.8.5.1 Detailed list of key startups/SMEs 192
11.8.5.2 Competitive benchmarking of key startups/SMEs 193
11.9 COMPETITIVE SCENARIO 194
11.9.1 PRODUCT LAUNCHES 194
11.9.2 DEALS 196
12 COMPANY PROFILES 199
12.1 KEY PLAYERS 199
12.1.1 SECURITAS TECHNOLOGY 199
12.1.1.1 Business overview 199
12.1.1.2 Products/Solutions/Services offered 200
12.1.1.3 Recent developments 201
12.1.1.3.1 Deals 201
12.1.1.4 MnM view 201
12.1.1.4.1 Key strengths/Right to win 201
12.1.1.4.2 Strategic choices 201
12.1.1.4.3 Weaknesses/Competitive threats 202
12.1.2 ZEBRA TECHNOLOGIES CORP. 203
12.1.2.1 Business overview 203
12.1.2.2 Products/Solutions/Services offered 205
12.1.2.3 Recent developments 206
12.1.2.3.1 Deals 206
12.1.2.4 MnM view 207
12.1.2.4.1 Key strengths/Right to win 207
12.1.2.4.2 Strategic choices 207
12.1.2.4.3 Weaknesses/Competitive threats 207
12.1.3 HPE ARUBA NETWORKING 208
12.1.3.1 Business overview 208
12.1.3.2 Products/Solutions/Services offered 208
12.1.3.3 MnM view 209
12.1.3.3.1 Key strengths/Right to win 209
12.1.3.3.2 Strategic choices 209
12.1.3.3.3 Weaknesses/Competitive threats 209
12.1.4 IMPINJ, INC. 210
12.1.4.1 Business overview 210
12.1.4.2 Products/Solutions/Services offered 211
12.1.4.3 Recent developments 212
12.1.4.3.1 Product launches 212
12.1.4.3.2 Deals 213
12.1.4.4 MnM view 213
12.1.4.4.1 Key strengths/Right to win 213
12.1.4.4.2 Strategic choices 213
12.1.4.4.3 Weaknesses/Competitive threats 213
12.1.5 SAVI TECHNOLOGY 214
12.1.5.1 Business overview 214
12.1.5.2 Products/Solutions/Services offered 214
12.1.5.3 MnM view 215
12.1.5.3.1 Key strengths/Right to win 215
12.1.5.3.2 Strategic choices 215
12.1.5.3.3 Weaknesses/Competitive threats 216
12.1.6 AIRISTA 217
12.1.6.1 Business overview 217
12.1.6.2 Products/Solutions/Services offered 217
12.1.6.3 Recent developments 218
12.1.6.3.1 Product launches 218
12.1.7 ALIEN TECHNOLOGY, LLC 220
12.1.7.1 Business overview 220
12.1.7.2 Products/Solutions/Services offered 220
12.1.8 CENTRAK, INC. 222
12.1.8.1 Business overview 222
12.1.8.2 Products/Solutions/Services offered 222
12.1.8.3 Recent developments 223
12.1.8.3.1 Product launches 223
12.1.8.3.2 Deals 224
12.1.9 GE HEALTHCARE 225
12.1.9.1 Business overview 225
12.1.9.2 Products/Solutions/Services offered 226
12.1.10 QUUPPA 227
12.1.10.1 Business overview 227
12.1.10.2 Products/Solutions/Services offered 228
12.1.10.3 Recent developments 229
12.1.10.3.1 Deals 229
12.1.11 QORVO, INC. 230
12.1.11.1 Business overview 230
12.1.11.2 Products/Solutions/Services offered 231
12.1.12 SONITOR TECHNOLOGIES 232
12.1.12.1 Business overview 232
12.1.12.2 Products/Solutions/Services offered 232
12.1.12.3 Recent developments 233
12.1.12.3.1 Product launches 233
12.1.13 SIEMENS AG 234
12.1.13.1 Business overview 234
12.1.13.2 Products/Solutions/Services offered 235
12.1.13.3 Recent developments 236
12.1.13.3.1 Product launches 236
12.1.14 TELETRACKING TECHNOLOGIES, INC. 237
12.1.14.1 Business overview 237
12.1.14.2 Products/Solutions/Services offered 238
12.1.15 UBISENSE 239
12.1.15.1 Business overview 239
12.1.15.2 Products/Solutions/Services offered 239
12.1.15.3 Recent developments 240
12.1.15.3.1 Product launches 240
12.1.15.3.2 Deals 240
12.2 OTHER PLAYERS 241
12.2.1 BLUEIOT (BEIJING) TECHNOLOGY CO., LTD. 241
12.2.2 MIDMARK CORPORATION 242
12.2.3 LITUM 243
12.2.4 ELIKO 244
12.2.5 REDPOINT POSITIONING CORP. 245
12.2.6 LINK LABS, INC. 246
12.2.7 POZYX 247
12.2.8 SEWIO 248
12.2.9 TRACKTIO 249
12.2.10 VISIBLE ASSETS, INC. 250
12.2.11 BORDA TECHNOLOGY 251
12.2.12 MYSPHERA S.L. 252
12.2.13 SECURE CARE PRODUCTS, LLC 253
12.2.14 KONTAKT.IO 254
12.2.15 NAVIGINE 254
12.2.16 INPIXON 255
12.2.17 KINEXON 256
12.2.18 LEANTEGRA INC. 257
12.2.19 NANJING WOXU WIRELESS CO., LTD. 258
13 ADJACENT AND RELEVANT MARKET 259
13.1 INTRODUCTION 259
13.2 RFID MARKET, BY REGION 259
13.2.1 NORTH AMERICA 261
13.2.1.1 US 263
13.2.1.1.1 Presence of numerous RFID vendors to support market growth 263
13.2.1.2 Canada 264
13.2.1.2.1 Healthcare sector to generate growth opportunities for RFID solution providers 264
13.2.1.3 Mexico 265
13.2.1.3.1 Focus on reducing industrial accidents to fuel adoption of RFID solutions 265
14 APPENDIX 266
14.1 INSIGHTS FROM INDUSTRY EXPERTS 266
14.2 DISCUSSION GUIDE 266
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 271
14.4 CUSTOMIZATION OPTIONS 273
14.5 RELATED REPORTS 273
14.6 AUTHOR DETAILS 274
LIST OF TABLES
TABLE 1 RTLS MARKET: RISK ASSESSMENT 39
TABLE 2 ROLE OF COMPANIES IN RTLS ECOSYSTEM 62
TABLE 3 LIST OF PATENTS, 2022–2024 67
TABLE 4 KEY CONFERENCES AND EVENTS, 2024–2025 67
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 8 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 72
TABLE 9 KEY STANDARDS 72
TABLE 10 PORTER’S FIVE FORCES ANALYSIS 73
TABLE 11 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS (%) 76
TABLE 12 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 76
TABLE 13 INDICATIVE PRICING TREND OF RTLS TAGS/BADGES OFFERED
BY KEY PLAYERS (USD) 78
TABLE 14 INDICATIVE PRICING TREND OF RTLS TAGS/BADGES,
BY TECHNOLOGY, 2023 (USD) 78
TABLE 15 RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 82
TABLE 16 RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 82
TABLE 17 HARDWARE: RTLS MARKET, BY TYPE, 2020–2023 (USD MILLION) 83
TABLE 18 HARDWARE: RTLS MARKET, BY TYPE, 2024–2029 (USD MILLION) 84
TABLE 19 RTLS MARKET FOR TAGS/BADGES, BY TECHNOLOGY 2020–2023 (MILLION UNITS) 84
TABLE 20 RTLS MARKET FOR TAGS/ BADGES, BY TECHNOLOGY,
2024–2029 (MILLION UNITS) 84
TABLE 21 HARDWARE: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION)) 85
TABLE 22 HARDWARE: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 85
TABLE 23 SOFTWARE: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 88
TABLE 24 SOFTWARE: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 88
TABLE 25 SERVICES: RTLS MARKET, BY TYPE, 2020–2023 (USD MILLION) 89
TABLE 26 SERVICES: RTLS MARKET, BY TYPE, 2024–2029 (USD MILLION) 89
TABLE 27 SERVICES: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 90
TABLE 28 SERVICES: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 90
TABLE 29 RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 94
TABLE 30 RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 94
TABLE 31 RFID: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 96
TABLE 32 RFID: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 96
TABLE 33 RFID: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 96
TABLE 34 RFID: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 97
TABLE 35 RFID: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 97
TABLE 36 RFID: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 97
TABLE 37 WI-FI: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 98
TABLE 38 WI-FI: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 98
TABLE 39 WI-FI: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 99
TABLE 40 WI-FI: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 99
TABLE 41 WI-FI: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 99
TABLE 42 WI-FI: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 100
TABLE 43 UWB: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 100
TABLE 44 UWB: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 101
TABLE 45 UWB: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 101
TABLE 46 UWB: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 101
TABLE 47 UWB: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 102
TABLE 48 UWB: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 102
TABLE 49 BLE: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 103
TABLE 50 BLE: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 103
TABLE 51 BLE: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 103
TABLE 52 BLE: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 104
TABLE 53 BLE: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 104
TABLE 54 BLE: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 104
TABLE 55 ULTRASOUND: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 105
TABLE 56 ULTRASOUND: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 105
TABLE 57 ULTRASOUND: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 106
TABLE 58 ULTRASOUND: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 106
TABLE 59 ULTRASOUND: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 106
TABLE 60 ULTRASOUND: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 107
TABLE 61 INFRARED: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 107
TABLE 62 INFRARED: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 108
TABLE 63 INFRARED: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 108
TABLE 64 INFRARED: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 108
TABLE 65 INFRARED: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 66 INFRARED: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 109
TABLE 67 GPS: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 110
TABLE 68 GPS: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 110
TABLE 69 GPS: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 110
TABLE 70 GPS: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 111
TABLE 71 GPS: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 111
TABLE 72 GPS: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 111
TABLE 73 OTHER TECHNOLOGIES: RTLS MARKET, BY OFFERING, 2020–2023 (USD MILLION) 112
TABLE 74 OTHER TECHNOLOGIES: RTLS MARKET, BY OFFERING, 2024–2029 (USD MILLION) 112
TABLE 75 OTHER TECHNOLOGIES: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 113
TABLE 76 OTHER TECHNOLOGIES: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 113
TABLE 77 OTHER TECHNOLOGIES: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 113
TABLE 78 OTHER TECHNOLOGIES: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 114
TABLE 79 RTLS MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 117
TABLE 80 RTLS MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 118
TABLE 81 INVENTORY/ASSET TRACKING & MANAGEMENT: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 119
TABLE 82 INVENTORY/ASSET TRACKING & MANAGEMENT: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 119
TABLE 83 PERSONNEL LOCATING & MONITORING: RTLS MARKET, BY VERTICAL,
2020–2023 (USD MILLION) 121
TABLE 84 PERSONNEL LOCATING & MONITORING: RTLS MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 121
TABLE 85 ACCESS CONTROL & SECURITY: RTLS MARKET, BY VERTICAL,
2020–2023 (USD MILLION) 122
TABLE 86 ACCESS CONTROL & SECURITY: RTLS MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 122
TABLE 87 ENVIRONMENTAL MONITORING: RTLS MARKET, BY VERTICAL,
2020–2023 (USD MILLION) 124
TABLE 88 ENVIRONMENTAL MONITORING: RTLS MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 124
TABLE 89 YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 125
TABLE 90 YARD, DOCK, FLEET, AND WAREHOUSE MANAGEMENT & MONITORING: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 126
TABLE 91 SUPPLY CHAIN MANAGEMENT & AUTOMATION: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 127
TABLE 92 SUPPLY CHAIN MANAGEMENT & AUTOMATION: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 127
TABLE 93 OTHER APPLICATIONS: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 128
TABLE 94 OTHER APPLICATIONS: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 129
TABLE 95 RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 132
TABLE 96 RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 132
TABLE 97 HEALTHCARE: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 133
TABLE 98 HEALTHCARE: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 134
TABLE 99 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY REGION,
2020–2023 (USD MILLION) 135
TABLE 100 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY REGION,
2024–2029 (USD MILLION) 135
TABLE 101 RETAIL: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 136
TABLE 102 RETAIL: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 136
TABLE 103 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY REGION,
2020–2023 (USD MILLION) 137
TABLE 104 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY REGION,
2024–2029 (USD MILLION) 137
TABLE 105 GOVERNMENT: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 138
TABLE 106 GOVERNMENT: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 138
TABLE 107 EDUCATION: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 139
TABLE 108 EDUCATION: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 139
TABLE 109 OIL & GAS AND MINING: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 140
TABLE 110 OIL & GAS AND MINING: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 140
TABLE 111 SPORTS & ENTERTAINMENT: RTLS MARKET, BY REGION,
2020–2023 (USD MILLION) 141
TABLE 112 SPORTS & ENTERTAINMENT: RTLS MARKET, BY REGION,
2024–2029 (USD MILLION) 141
TABLE 113 OTHER VERTICALS: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 142
TABLE 114 OTHER VERTICALS: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 142
TABLE 115 RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 145
TABLE 116 RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 146
TABLE 117 NORTH AMERICA: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 148
TABLE 118 NORTH AMERICA: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 148
TABLE 119 NORTH AMERICA: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 149
TABLE 120 NORTH AMERICA: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 149
TABLE 121 NORTH AMERICA: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 150
TABLE 122 NORTH AMERICA: RTLS MARKET, BY VERTICAL,2024–2029 (USD MILLION) 150
TABLE 123 EUROPE: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 155
TABLE 124 EUROPE: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 155
TABLE 125 EUROPE: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 156
TABLE 126 EUROPE: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 156
TABLE 127 EUROPE: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 157
TABLE 128 EUROPE: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 157
TABLE 129 ASIA PACIFIC: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 163
TABLE 130 ASIA PACIFIC: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 164
TABLE 131 ASIA PACIFIC: RTLS MARKET, BY TECHNOLOGY,2020–2023 (USD MILLION) 164
TABLE 132 ASIA PACIFIC: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 165
TABLE 133 ASIA PACIFIC: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 165
TABLE 134 ASIA PACIFIC: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 166
TABLE 135 ROW: RTLS MARKET, BY REGION, 2020–2023 (USD MILLION) 171
TABLE 136 ROW: RTLS MARKET, BY REGION, 2024–2029 (USD MILLION) 171
TABLE 137 ROW: RTLS MARKET, BY TECHNOLOGY, 2020–2023 (USD MILLION) 172
TABLE 138 ROW: RTLS MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION) 172
TABLE 139 ROW: RTLS MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 173
TABLE 140 ROW: RTLS MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 173
TABLE 141 MIDDLE EAST: RTLS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 174
TABLE 142 MIDDLE EAST: RTLS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 174
TABLE 143 RTLS MARKET: OVERVIEW OF STRATEGIES ADOPTED BY
KEY PLAYERS, 2020–2024 176
TABLE 144 RTLS MARKET: DEGREE OF COMPETITION, 2023 179
TABLE 145 RTLS MARKET: APPLICATION FOOTPRINT 185
TABLE 146 RTLS MARKET: OFFERING FOOTPRINT 186
TABLE 147 RTLS MARKET: TECHNOLOGY FOOTPRINT 187
TABLE 148 RTLS MARKET: VERTICAL FOOTPRINT 188
TABLE 149 RTLS MARKET: REGION FOOTPRINT 189
TABLE 150 RTLS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 192
TABLE 151 RTLS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 193
TABLE 152 RTLS MARKET: PRODUCT LAUNCHES, JANUARY 2020–JUNE 2024 194
TABLE 153 RTLS MARKET: DEALS, JANUARY 2020–JUNE 2024 196
TABLE 154 SECURITAS TECHNOLOGY: COMPANY OVERVIEW 199
TABLE 155 SECURITAS TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 156 SECURITAS TECHNOLOGY: DEALS 201
TABLE 157 ZEBRA TECHNOLOGIES CORP.: COMPANY OVERVIEW 203
TABLE 158 ZEBRA TECHNOLOGIES CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 205
TABLE 159 ZEBRA TECHNOLOGIES CORP.: DEALS 206
TABLE 160 HPE ARUBA NETWORKING: COMPANY OVERVIEW 208
TABLE 161 HPE ARUBA NETWORKING: PRODUCTS/SOLUTIONS/SERVICES OFFERED 208
TABLE 162 IMPINJ, INC.: COMPANY OVERVIEW 210
TABLE 163 IMPINJ, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 211
TABLE 164 IMPINJ, INC.: PRODUCT LAUNCHES 212
TABLE 165 IMPINJ, INC.: DEALS 213
TABLE 166 SAVI TECHNOLOGY: COMPANY OVERVIEW 214
TABLE 167 SAVI TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 214
TABLE 168 AIRISTA: COMPANY OVERVIEW 217
TABLE 169 AIRISTA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 170 AIRISTA: PRODUCT LAUNCHES 218
TABLE 171 ALIEN TECHNOLOGY, LLC: COMPANY OVERVIEW 220
TABLE 172 ALIEN TECHNOLOGY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 173 CENTRAK, INC.: COMPANY OVERVIEW 222
TABLE 174 CENTRAK, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 222
TABLE 175 CENTRAK, INC.: PRODUCT LAUNCHES 223
TABLE 176 CENTRAK, INC.: DEALS 224
TABLE 177 GE HEALTHCARE: COMPANY OVERVIEW 225
TABLE 178 GE HEALTHCARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 179 QUUPPA: COMPANY OVERVIEW 227
TABLE 180 QUUPPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 181 QUUPPA: DEALS 229
TABLE 182 QORVO, INC.: COMPANY OVERVIEW 230
TABLE 183 QORVO, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 231
TABLE 184 SONITOR TECHNOLOGIES: COMPANY OVERVIEW 232
TABLE 185 SONITOR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 232
TABLE 186 SONITOR TECHNOLOGIES: PRODUCT LAUNCHES 233
TABLE 187 SIEMENS AG: COMPANY OVERVIEW 234
TABLE 188 SIEMENS AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 235
TABLE 189 SIEMENS AG: PRODUCT LAUNCHES 236
TABLE 190 TELETRACKING TECHNOLOGIES, INC.: COMPANY OVERVIEW 237
TABLE 191 TELETRACKING TECHNOLOGIES, INC.:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 238
TABLE 192 UBISENSE: COMPANY OVERVIEW 239
TABLE 193 UBISENSE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 239
TABLE 194 UBISENSE: PRODUCT LAUNCHES 240
TABLE 195 UBISENSE: DEALS 240
TABLE 196 RFID TAGS MARKET, BY REGION, 2019–2022 (USD MILLION) 259
TABLE 197 RFID TAGS MARKET, BY REGION, 2023–2032 (USD MILLION) 260
TABLE 198 RFID MARKET, BY REGION, 2019–2022 (USD MILLION) 260
TABLE 199 RFID MARKET, BY REGION, 2023–2032 (USD MILLION) 260
TABLE 200 NORTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 261
TABLE 201 NORTH AMERICA: RFID TAGS MARKET, BY COUNTRY, 2023–2032 (USD MILLION) 261
TABLE 202 NORTH AMERICA: RFID TAGS MARKET, BY APPLICATION,
2019–2022 (USD MILLION) 262
TABLE 203 NORTH AMERICA: RFID TAGS MARKET, BY APPLICATION,
2023–2032 (USD MILLION) 263
LIST OF FIGURES
FIGURE 1 RTLS MARKET SEGMENTATION 25
FIGURE 2 RTLS MARKET: RESEARCH DESIGN 29
FIGURE 3 RTLS MARKET: RESEARCH APPROACH 30
FIGURE 4 RTLS MARKET: TOP-DOWN APPROACH 35
FIGURE 5 RTLS MARKET: BOTTOM-UP APPROACH 36
FIGURE 6 RTLS MARKET SIZE ESTIMATION METHODOLOGY 36
FIGURE 7 RTLS MARKET: DATA TRIANGULATION 37
FIGURE 8 RTLS MARKET: RESEARCH ASSUMPTIONS 38
FIGURE 9 RTLS MARKET SIZE, 2020–2029 (USD MILLION) 41
FIGURE 10 SERVICES SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 41
FIGURE 11 WI-FI TECHNOLOGY TO GAIN MAJORITY OF MARKET SHARE IN 2029 42
FIGURE 12 HEALTHCARE SEGMENT TO HOLD LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD 42
FIGURE 13 NORTH AMERICA DOMINATED RTLS MARKET IN 2023 43
FIGURE 14 INCREASING SAFETY AND SECURITY CONCERNS IN INDUSTRIES TO FUEL DEMAND FOR RTLS DURING FORECAST PERIOD 44
FIGURE 15 WI-FI TECHNOLOGY-BASED RTLS SOLUTIONS TO ACCOUNT FOR LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD 44
FIGURE 16 INVENTORY/ASSET TRACKING & MANAGEMENT APPLICATION TO CAPTURE LARGEST MARKET SHARE DURING FORECAST PERIOD 45
FIGURE 17 US AND HEALTHCARE SEGMENT TO BE LARGEST SHAREHOLDERS OF NORTH AMERICAN MARKET IN 2029 45
FIGURE 18 CHINA TO RECORD HIGHEST CAGR IN GLOBAL RTLS MARKET FROM 2024 TO 2029 46
FIGURE 19 RTLS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 47
FIGURE 20 IMPACT ANALYSIS: DRIVERS 50
FIGURE 21 IMPACT ANALYSIS: RESTRAINTS 51
FIGURE 22 IMPACT ANALYSIS: OPPORTUNITIES 53
FIGURE 23 IMPACT ANALYSIS: CHALLENGES 54
FIGURE 24 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 58
FIGURE 25 VALUE CHAIN ANALYSIS 59
FIGURE 26 RTLS ECOSYSTEM 61
FIGURE 27 INVESTMENT AND FUNDING SCENARIO, 2017–2022 63
FIGURE 28 IMPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS,
BY COUNTRY, 2019–2023 64
FIGURE 29 EXPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS,
BY COUNTRY, 2019–2023 65
FIGURE 30 PATENTS APPLIED AND GRANTED, 2014–2023 66
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS 74
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 VERTICALS 75
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 VERTICALS 76
FIGURE 34 AVERAGE SELLING PRICE TREND OF RTLS TAGS/BADGES, 2020–2023 77
FIGURE 35 INDICATIVE PRICING TREND OF RTLS TAGS/BADGES OFFERED BY KEY PLAYERS 78
FIGURE 36 AVERAGE SELLING PRICE TREND OF RTLS TAGS/BADGES,
BY REGION, 2020−2023 79
FIGURE 37 RTLS MARKET, BY OFFERING 81
FIGURE 38 SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 82
FIGURE 39 RTLS MARKET, BY TECHNOLOGY 93
FIGURE 40 WI-FI SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 93
FIGURE 41 TYPES OF RFID TAGS 95
FIGURE 42 RTLS MARKET, BY APPLICATION 116
FIGURE 43 INVENTORY ASSET TRACKING & MANAGEMENT SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 117
FIGURE 44 RTLS MARKET, BY VERTICAL 131
FIGURE 45 HEALTHCARE VERTICAL TO CAPTURE LARGEST SHARE OF RTLS MARKET IN 2029 131
FIGURE 46 RTLS MARKET, BY REGION 144
FIGURE 47 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL RTLS MARKET DURING FORECAST PERIOD 145
FIGURE 48 NORTH AMERICA: RTLS MARKET SNAPSHOT 147
FIGURE 49 US TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 148
FIGURE 50 EUROPE: RTLS MARKET SNAPSHOT 154
FIGURE 51 GERMANY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 155
FIGURE 52 ASIA PACIFIC: RTLS MARKET SNAPSHOT 162
FIGURE 53 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 163
FIGURE 54 SOUTH AMERICA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 171
FIGURE 55 RTLS MARKET: REVENUE ANALYSIS OF THREE KEY PLAYERS, 2019–2023 178
FIGURE 56 RTLS MARKET SHARE ANALYSIS, 2023 179
FIGURE 57 COMPANY VALUATION 180
FIGURE 58 FINANCIAL METRICS 180
FIGURE 59 BRAND/PRODUCT COMPARISON 181
FIGURE 60 RTLS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 183
FIGURE 61 RTLS MARKET: COMPANY FOOTPRINT 184
FIGURE 62 RTLS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 191
FIGURE 63 ZEBRA TECHNOLOGIES CORP.: COMPANY SNAPSHOT 204
FIGURE 64 IMPINJ, INC.: COMPANY SNAPSHOT 211
FIGURE 65 GE HEALTHCARE: COMPANY SNAPSHOT 226
FIGURE 66 QORVO, INC.: COMPANY SNAPSHOT 231
FIGURE 67 SIEMENS AG: COMPANY SNAPSHOT 235
