Real-time Location Systems Market – Global Forecast to 2029
실시간 위치추적 시스템(RTLS) 시장 – 제품(RTLS 태그/배지, 리더/트래커/액세스 포인트), 기술(RFID, Wi-Fi, UWB, BLE, 적외선, 초음파, GPS, Zigbee), 용도(재고 추적, 인력 추적) – 2030년까지의 세계 예측
Real-time Location Systems (RTLS) Market by Offering (RTLS Tags/Badges, Readers/Trackers/Access Points), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee), Application (Inventory Tracking, Personnel Tracking) – Global Forecast to 2030
| 조사회사 | MarketsandMarkets |
| 출판년월 | 2025년8월 |
| 페이지 수 | 276 |
| 도표 수 | 285 |
| 라이센스 | Single User License |
| 가격 | USD 4,950 |
| 구성 | 영문조사보고서 |
이 보고서는 실시간 위치추적 시스템(RTLS) 시장을 제품, 기술, 애플리케이션, 업종 및 지역별로 세분화했습니다. 실시간 위치 시스템 시장은 제품별로 하드웨어, 소프트웨어, 서비스로 세분화되었습니다. 기술별로는 RFID, Wi-Fi, UWB, BLE, 초음파, 적외선, GPS 및 기타 기술로 세분화되었습니다. 애플리케이션별로는 재고/자산 추적 및 관리, 인력 위치 추적 및 모니터링, 출입 통제 및 보안, 환경 모니터링, 야드, 부두, 차량 및 창고 관리 및 모니터링, 공급망 관리 및 자동화 등으로 세분화되었습니다. 업종별로는 의료, 제조 및 자동차, 소매, 운송 및 물류, 정부, 교육, 석유 및 가스, 광업, 스포츠 및 엔터테인먼트, 기타 업종으로 세분화되었습니다. 시장은 북미, 아시아 태평양, 유럽, 기타 지역(RoW)의 네 지역으로 세분화되었습니다.
본 보고서는 이 시장의 선두주자/신규 진입자들에게 전체 시장 및 하위 세그먼트의 매출 수치에 대한 가장 근사치 정보를 제공하는 데 도움이 될 것입니다. 또한 이해관계자들이 경쟁 환경을 이해하고, 사업의 입지를 강화하고 적절한 시장 진출 전략을 수립하는 데 필요한 통찰력을 얻는 데에도 도움이 될 것입니다. 또한, 실시간 위치 시스템 시장의 동향을 파악하고 주요 시장 동인, 제약, 과제, 그리고 기회에 대한 정보를 제공합니다.
세계 실시간 위치추적 시스템(RTLS) 시장은 2025년 66억 8천만 달러에서 2030년 156억 7천만 달러로 확대되어 18.6%의 강력한 CAGR을 기록할 것으로 예상됩니다.
로컬 위치 지정 또는 추적 시스템이라고도 하는 RTLS 솔루션은 다양한 환경과 산업에서 자산이나 개인의 실시간 위치를 자동으로 식별하고 정확하게 파악하도록 설계되었습니다. 이러한 시스템은 물체에 부착되거나 사람이 착용하는 태그 또는 배지를 사용하여 위치 데이터를 커버리지 영역 내의 고정 수신기, 판독기 또는 액세스 포인트로 무선으로 전송합니다. 최신 RTLS 배포는 RFID(무선 주파수 식별), Wi-Fi, 초음파, 적외선(IR), 초광대역(UWB), 저전력 블루투스(BLE)를 포함한 다양한 무선 기술을 활용하며, 특정 애플리케이션 요구 사항에 따라 기술을 선택합니다. 정확한 자산 추적, 운영 가시성, 프로세스 최적화에 대한 필요성이 커지고 RTLS가 투자 수익률을 측정할 수 있는 검증된 역량과 결합되면서 의료, 제조, 물류, 운송 등의 분야에서 도입이 증가하고 있습니다.
The global real-time location systems (RTLS) market is projected to expand from USD 6.68 billion in 2025 to USD 15.67 billion by 2030, registering a robust CAGR of 18.6%. RTLS solutions, also referred to as local positioning or tracking systems, are designed to automatically identify and pinpoint the real-time location of assets or individuals across a variety of environments and industries. These systems rely on tags or badges affixed to objects or worn by personnel, which transmit location data wirelessly to fixed receivers, readers, or access points within the coverage area. Modern RTLS deployments leverage a range of wireless technologies, including radio frequency identification (RFID), Wi-Fi, ultrasound, infrared (IR), ultra-wideband (UWB), and Bluetooth Low Energy (BLE), with the choice of technology depending on the specific application requirements. The growing need for accurate asset tracking, operational visibility, and process optimization, combined with the proven ability of RTLS to deliver measurable return on investment, is driving increased adoption across sectors such as healthcare, manufacturing, logistics, and transportation.
“Growing adoption of personnel tracking applications to boost the RTLS market expansion.”
RTLS platforms are increasingly used across industries to monitor the workflow on the operational floor. Many organizations’ primary concern is keeping track of people/staff inside a predetermined area. In manufacturing, healthcare, and many other industries, keeping track of personnel can provide valuable information to the organization. This helps organizations make split-second decisions, protect staff, and avoid disasters. For this purpose, gadgets such as tags/badges and gateways are used.
Patient and staff safety is a top priority in the healthcare sector. RTLS solutions are deployed in the healthcare sector for fall detection and prevention, wander management, and infant protection applications; all these use cases require personnel/staff tracking and monitoring. An RTLS continuously provides data related to staff movements, and real-time visibility on an operational floor in any organization would increase work efficiency. Real-time staff tracking using RTLS allows the centralized system to identify staff fatigue and take appropriate measures. In the sports & entertainment vertical, the personnel/staff locating and monitoring application has different purposes than other verticals. For instance, in the sports industry, using RTLS solutions, a coach can record the exact movement of the players on the field; this information is valuable in enhancing the players’ performance and developing strategies against competitors.
” Industry 4.0 adoption drives RTLS integration in manufacturing for safety and efficiency”
The manufacturing vertical includes automotive, aerospace, heavy equipment, 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 the 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 intelligent systems. RTLS can also be utilized in other applications, such as visitor location tracking, wayfinding, staff location tracking, secure restricted areas, production/manufacturing process tracking, condition monitoring, cold chain monitoring, equipment tracking, evacuation, and emergency accountability. With the advent of Industry 4.0, large-scale companies are expected to increasingly rely on RTLS solutions to gain greater visibility and facilitate efficient operations to improve productivity, quality, and lead time. With the emergence of Industry 4.0, RTLS is likely to be a key technology in the manufacturing environment.
“Strong industrial base and R&D capabilities are predicted to drive the RTLS market in Europe”
Europe is expected to witness substantial growth in the real-time location systems (RTLS) market during the forecast period, driven primarily by the expansion of its automotive and manufacturing industries. Key markets such as the UK, Germany, and France are leading the region in RTLS adoption, accounting for the highest levels of investment. Meanwhile, other European countries are gradually increasing their uptake, reflecting a broader regional shift toward advanced tracking technologies.
The demand for RTLS in Europe is set to rise as organizations increasingly integrate these solutions to optimize processes, enhance operational efficiency, and support business growth. The region also holds a strong position in research and development for location-based technologies, with a robust innovation ecosystem that fuels advancements in RTLS capabilities. Furthermore, the widespread use of location-based and mapping services by both enterprises and individual consumers underpins market expansion. As industries continue to embrace automation, digitalization, and Industry 4.0 practices, RTLS adoption across Europe is poised to accelerate, positioning the region as a key contributor to global market growth.
Breakdown of primaries
A variety of executives from key organizations operating in the RTLS market, including CEOs, marketing directors, and innovation and technology directors, were interviewed in depth.
- By Company Type: Tier 1 – 45%, Tier 2 – 20%, and Tier 3 – 35%
- By Designation: Directors – 35%, C-level – 25%, and Others – 4%
- By Region: North America – 40%, Europe – 25%, Asia Pacific – 30%, and RoW – 5%
Note: Three tiers of companies are defined based on their total revenue as of 2024: tier 3 = revenue less than USD 500 million; tier 2 = revenue between USD 500 million and USD 3 billion; and tier 1 = revenue more than USD 3 billion. Other designations include sales managers, marketing managers, and product managers.
Major players profiled in this report are as follows: Securitas AB (Sweden), Zebra Technologies Corp. (US), Impinj, Inc. (US), GE Healthcare (US), Siemens (Germany), TeleTracking Technologies, Inc. (US), Ubisense Ltd. (UK), AiRISTA (US), Sonitor Technologies (US), Alien Technology, LLC (US), CenTrak, Inc. (US), Quuppa (Finland), Qorvo Inc. (US), Midmark Corporation (US), Litum (Turkey), Redpoint Positioning Corporation (US), Eliko (Estonia), BlueIOT (Beijing) Technology Co., Ltd. (China). These leading companies possess a wide portfolio of products, establishing a prominent presence in established as well as emerging markets.
The study provides a detailed competitive analysis of these key players in the RTLS market, presenting their company profiles, most 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 applications, 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, education, oil & gas, mining, sports & entertainment, and other verticals. The market has been segmented into four regions — North America, Asia Pacific, Europe, and the Rest of the World (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 subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the real-time location systems market and provides information on key market drivers, restraints, challenges, and opportunities.
Key Benefits of Buying the Report
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 the 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 and development activities, and product launches in the real-time location systems market.
- Market Development: Comprehensive information about lucrative markets – the report analyzes the real-time location systems market across varied regions.
- Market Diversification: Exhaustive information about new products/services, untapped geographies, recent developments, and investments in the real-time location systems market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Securitas AB (Sweden), Zebra Technologies Corp. (US), Impinj, Inc. (US), Siemens (Germany), and Centrak, Inc. (US).
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 28
1.5 UNIT CONSIDERED 28
1.6 LIMITATIONS 28
1.7 STAKEHOLDERS 28
1.8 SUMMARY OF CHANGES 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
2.1.1 SECONDARY AND PRIMARY RESEARCH 31
2.1.2 SECONDARY DATA 32
2.1.2.1 List of key secondary sources 32
2.1.2.2 Key data from secondary sources 33
2.1.3 PRIMARY DATA 33
2.1.3.1 List of primary interview participants 34
2.1.3.2 Key data from primary sources 34
2.1.3.3 Key industry insights 35
2.1.3.4 Breakdown of primaries 35
2.2 MARKET SIZE ESTIMATION 36
2.2.1 TOP-DOWN APPROACH 36
2.2.1.1 Approach to arrive at market size using top-down analysis
(supply side) 36
2.2.2 BOTTOM-UP APPROACH 37
2.2.2.1 Approach to arrive at market size using bottom-up analysis
(demand side) 37
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 39
2.4 RESEARCH ASSUMPTIONS 40
2.5 RESEARCH LIMITATIONS 40
2.6 RISK ANALYSIS 41
3 EXECUTIVE SUMMARY 42
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN RTLS MARKET 46
4.2 RTLS MARKET, BY TECHNOLOGY 46
4.3 RTLS MARKET, BY APPLICATION 47
4.4 RTLS MARKET IN NORTH AMERICA, BY VERTICAL AND COUNTRY 47
4.5 RTLS MARKET, BY GEOGRAPHY 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
5.2.1 DRIVERS 49
5.2.1.1 High emphasis on safety, compliance, and operational efficiency across enterprises 49
5.2.1.2 Rising need for real-time visibility of assets in industries 50
5.2.1.3 Growing safety and security concerns in healthcare sector 50
5.2.1.4 Surging adoption of UWB-powered RTLS solutions 51
5.2.2 RESTRAINTS 52
5.2.2.1 Data security and privacy issues 52
5.2.2.2 High installation and maintenance costs 53
5.2.3 OPPORTUNITIES 53
5.2.3.1 Rising need for efficient resource utilization and workflow optimization 53
5.2.3.2 Mounting demand for hybrid RTLS solutions 53
5.2.3.3 Increasing deployment of IoT solutions in healthcare sector 54
5.2.3.4 Emerging applications of RTLS technology 54
5.2.3.5 Growing focus of RTLS vendors on untapped regions and emerging use cases 55
5.2.4 CHALLENGES 56
5.2.4.1 Persistent trade-offs in RTLS design 56
5.2.4.2 Interoperability issues due to lack of standardized protocols 56
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 57
5.4 VALUE CHAIN ANALYSIS 58
5.5 ECOSYSTEM ANALYSIS 59
5.6 INVESTMENT AND FUNDING SCENARIO 61
5.7 TECHNOLOGY ANALYSIS 62
5.7.1 KEY TECHNOLOGIES 62
5.7.1.1 Hybrid RTLS 62
5.7.2 COMPLEMENTARY TECHNOLOGIES 62
5.7.2.1 IoT 62
5.7.2.2 Artificial intelligence 62
5.8 TRADE ANALYSIS 63
5.8.1 IMPORT SCENARIO (HS CODE 852352) 63
5.8.2 EXPORT SCENARIO (HS CODE 852352) 64
5.9 PATENT ANALYSIS 65
5.10 KEY CONFERENCES AND EVENTS, 2025–2026 66
5.11 CASE STUDY ANALYSIS 67
5.11.1 NGK CERAMICS ADOPTS QUUPPA’S RTLS TAGS TO STREAMLINE INVENTORY MANAGEMENT AND ADDRESS PRODUCTION DELAYS 67
5.11.2 ADVENTIST HEALTH WHITE MEMORIAL AND TAGNOS PARTNER TO OPTIMIZE OPERATING ROOM EFFICIENCY USING RTLS TAGS 68
5.11.3 PIEDMONT HEALTHCARE ADOPTS VIZZIA’S RTLS SOLUTION TO STANDARDIZE ASSET MANAGEMENT 68
5.11.4 DYER ENGINEERING LEVERAGES THINKIN’S QUUPPA TECHNOLOGY-BASED RTLS FOR REAL-TIME ASSET TRACKING 69
5.12 REGULATORY LANDSCAPE 69
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
5.12.2 STANDARDS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 71
5.13.1 BARGAINING POWER OF SUPPLIERS 72
5.13.2 BARGAINING POWER OF BUYERS 72
5.13.3 INTENSITY OF COMPETITIVE RIVALRY 73
5.13.4 THREAT OF NEW ENTRANTS 73
5.13.5 THREAT OF SUBSTITUTES 73
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 73
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 73
5.14.2 BUYING CRITERIA 74
5.15 PRICING ANALYSIS 75
5.15.1 PRICING TREND OF RTLS TAGS/BADGES, 2021–2024 75
5.15.2 PRICING RANGE OF RTLS TAGS/BADGES OFFERED BY KEY PLAYERS, 2024 76
5.15.3 PRICING RANGE OF RTLS TAGS/BADGES, BY TECHNOLOGY, 2024 77
5.15.4 AVERAGE SELLING PRICE TREND OF RTLS TAGS/BADGES, BY REGION, 2021–2024 77
5.16 IMPACT OF AI/GEN AI ON RTLS MARKET 78
5.16.1 INTRODUCTION 78
5.16.2 AI/GEN USE CASES AI IN RTLS APPLICATIONS 79
5.16.2.1 Healthcare 79
5.16.2.2 Manufacturing & logistics 79
5.16.3 AI/GEN AI USE CASES IN RTLS MARKET 80
5.17 IMPACT OF 2025 US TARIFF ON RTLS MARKET 81
5.17.1 INTRODUCTION 81
5.17.2 KEY TARIFF RATES 82
5.17.3 PRICE IMPACT ANALYSIS 83
5.17.4 IMPACT ON COUNTRIES/REGIONS 83
5.17.4.1 US 83
5.17.4.2 Europe 84
5.17.4.3 Asia Pacific 84
5.17.5 IMPACT ON INDUSTRIES 85
6 RTLS MARKET, BY OFFERING 87
6.1 INTRODUCTION 88
6.2 HARDWARE 90
6.2.1 TAGS/BADGES 92
6.2.1.1 Ability to deliver accurate information critical to RTLS functioning to fuel segmental growth 92
6.2.2 READERS/TRACKERS/ACCESS POINTS 93
6.2.2.1 Use in retail, manufacturing, transportation, and other industrial applications to bolster segmental growth 93
6.2.3 OTHER HARDWARE PRODUCTS 94
6.3 SOFTWARE 94
6.3.1 ADOPTION IN LOCATION TRACKING, ASSET TRACKING, AND ANALYTICS PURPOSES TO FOSTER SEGMENTAL GROWTH 94
6.4 SERVICES 96
6.4.1 DEPLOYMENT & INTEGRATION 97
6.4.1.1 Use of hybrid RTLS in hospitals to augment segmental growth 97
6.4.2 SUPPORT & MAINTENANCE 98
6.4.2.1 Need for smooth and uninterrupted RTLS functioning to boost market growth 98
6.4.3 CONSULTING 98
6.4.3.1 Strong focus on process improvement and workplace security to fuel segmental growth 98
7 RTLS MARKET, BY TECHNOLOGY 99
7.1 INTRODUCTION 100
7.2 RFID 101
7.2.1 ABILITY TO PENETRATE THROUGH WALLS AND FLOORS TO CONTRIBUTE TO SEGMENTAL GROWTH 101
7.3 WI-FI 104
7.3.1 COST EFFICIENCY, IMPROVED OPERATIONAL BENEFITS, AND HIGH RETURNS ON INVESTMENT TO ACCELERATE SEGMENTAL GROWTH 104
7.4 UWB 107
7.4.1 SUPERIOR ACCURACY AND ABILITY TO TRACK MULTIPLE OBJECTS SIMULTANEOUSLY TO FUEL SEGMENTAL GROWTH 107
7.5 BLE 109
7.5.1 LOW POWER CONSUMPTION, COST-EFFECTIVENESS, LONG BATTERY LIFE, AND EASY DEPLOYMENT BENEFITS TO DRIVE MARKET 109
7.6 ULTRASOUND 111
7.6.1 HIGH ADOPTION IN HEALTHCARE, MANUFACTURING, AND AUTOMOTIVE SECTORS TO EXPEDITE SEGMENTAL GROWTH 111
7.7 INFRARED 114
7.7.1 INTEGRATION WITH RF AND WI-FI TECHNOLOGIES TO AUGMENT SEGMENTAL GROWTH 114
7.8 OTHER TECHNOLOGIES 116
8 RTLS MARKET, BY APPLICATION 119
8.1 INTRODUCTION 120
8.2 INVENTORY/ASSET TRACKING & MANAGEMENT 122
8.2.1 RISING NEED TO REGULARLY TRACK HIGH-VALUE MEDICAL EQUIPMENT AND MATERIALS TO FOSTER SEGMENTAL GROWTH 122
8.3 PERSONNEL LOCATING & MONITORING 124
8.3.1 ADOPTION OF RTLS PLATFORMS TO HELP ORGANIZATIONS MAKE SPLIT-SECOND DECISIONS AND PROTECT STAFF TO DRIVE MARKET 124
8.4 ACCESS CONTROL & SECURITY 125
8.4.1 RELIANCE ON ADVANCED ANALYTICS AND REAL-TIME ALERTS FOR RISK MANAGEMENT TO FUEL SEGMENTAL GROWTH 125
8.5 ENVIRONMENTAL MONITORING 127
8.5.1 REQUIREMENT FOR ENVIRONMENTAL MONITORING FOR OPTIMAL PERFORMANCE TO BOOST SEGMENTAL GROWTH 127
8.6 YARD, DOCK, FLEET & WAREHOUSE MANAGEMENT & MONITORING 129
8.6.1 OPTIMIZED SPACE PLANNING AND MOVEMENT TRACKING ATTRIBUTES OF RTLS SOLUTIONS TO FUEL SEGMENTAL GROWTH 129
8.7 SUPPLY CHAIN MANAGEMENT & AUTOMATION 130
8.7.1 FOCUS ON STREAMLINING INVENTORY AND ASSET MANAGEMENT TO CONTRIBUTE TO SEGMENTAL GROWTH 130
8.8 OTHER APPLICATIONS 131
9 RTLS MARKET, BY VERTICAL 134
9.1 INTRODUCTION 135
9.2 HEALTHCARE 136
9.2.1 NEED FOR INVENTORY TRACKING, STAFF AND PATIENT TRACKING, AND ACCESS CONTROL TO BOOST SEGMENTAL GROWTH 136
9.3 MANUFACTURING & AUTOMOTIVE 139
9.3.1 INCREASING AWARENESS ABOUT ASSET/STAFF SAFETY TO BOLSTER SEGMENTAL GROWTH 139
9.4 RETAIL 141
9.4.1 EMPHASIS ON ENHANCING CUSTOMER EXPERIENCE BY PROVIDING PERSONALIZED AND UNIQUE INTERFACES TO DRIVE MARKET 141
9.5 TRANSPORTATION & LOGISTICS 143
9.5.1 FOCUS ON OPTIMIZING SUPPLY CHAIN OPERATIONS THROUGH REAL-TIME TRACKING TO FOSTER SEGMENTAL GROWTH 143
9.6 GOVERNMENT 145
9.6.1 NEED FOR REAL-TIME VISIBILITY OF ASSETS TO ACCELERATE SEGMENTAL GROWTH 145
9.7 EDUCATION 147
9.7.1 INCREASING FOCUS ON RESEARCH DATA PROTECTION TO EXPEDITE SEGMENTAL GROWTH 147
9.8 OIL & GAS AND MINING 149
9.8.1 GROWING EMPHASIS ON ENSURING EFFICIENCY AND PERSONNEL SAFETY TO FOSTER SEGMENTAL GROWTH 149
9.9 SPORTS & ENTERTAINMENT 151
9.9.1 INCREASING FOCUS ON ON-FIELD PERFORMANCE AND ANALYTICS TO AUGMENT SEGMENTAL GROWTH 151
9.10 OTHER VERTICALS 153
10 RTLS MARKET, BY REGION 156
10.1 INTRODUCTION 157
10.2 NORTH AMERICA 159
10.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 159
10.2.2 US 163
10.2.2.1 Mounting need for operational efficiency and precise asset tracking to bolster market growth 163
10.2.3 CANADA 164
10.2.3.1 Growing focus on tracking hospital staff and medical equipment to accelerate market growth 164
10.2.4 MEXICO 164
10.2.4.1 Rapid expansion of automotive business to contribute to market expansion 164
10.3 EUROPE 165
10.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 165
10.3.2 GERMANY 169
10.3.2.1 Rising deployment of advanced manufacturing and information and communications technologies to boost market growth 169
10.3.3 UK 170
10.3.3.1 Growing emphasis on product and employee safety in services and manufacturing sectors to support market growth 170
10.3.4 FRANCE 170
10.3.4.1 Increasing focus on enhancing additive manufacturing capabilities to augment market growth 170
10.3.5 ITALY 171
10.3.5.1 Rising development of modern healthcare infrastructure to fuel market expansion 171
10.3.6 SPAIN 171
10.3.6.1 Government-led initiatives promoting digital transformation, smart infrastructure, and Industry 4.0 to drive market 171
10.3.7 REST OF EUROPE 172
10.4 ASIA PACIFIC 172
10.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 172
10.4.2 CHINA 177
10.4.2.1 Increasing investment in advanced location tracking and identification technologies to accelerate market growth 177
10.4.3 JAPAN 178
10.4.3.1 Rising adoption of smart healthcare technologies to foster market expansion 178
10.4.4 AUSTRALIA 178
10.4.4.1 Growing emphasis on enhancing technological capabilities and streamlining extensive operations to bolster market growth 178
10.4.5 SOUTH KOREA 179
10.4.5.1 Rising deployment of advanced technologies in industrial sectors to drive market 179
10.4.6 INDIA 179
10.4.6.1 Rapid digital transformation and focus on smart infrastructure to boost market growth 179
10.4.7 SINGAPORE 180
10.4.7.1 Growing development of intelligent transportation solutions to augment market growth 180
10.4.8 PHILIPPINES 180
10.4.8.1 Increasing investment in digital infrastructure and smart technologies to support market growth 180
10.4.9 MALAYSIA 180
10.4.9.1 Rising emphasis on efficient asset tracking and production optimization to contribute to market growth 180
10.4.10 REST OF ASIA PACIFIC 181
10.5 ROW 181
10.5.1 MACROECONOMIC OUTLOOK FOR ROW 182
10.5.2 MIDDLE EAST 185
10.5.2.1 Implementation of government-led safety mandates to accelerate market growth 185
10.5.2.2 GCC countries 186
10.5.2.3 Rest of Middle East 186
10.5.3 AFRICA 186
10.5.3.1 Mounting investment in digital transformation initiatives in mining sector to create market growth opportunities 186
10.5.4 SOUTH AMERICA 187
10.5.4.1 Rising adoption of advanced technologies to facilitate cost reduction in manufacturing sector to drive market 187
11 COMPETITIVE LANDSCAPE 188
11.1 OVERVIEW 188
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025 188
11.3 REVENUE ANALYSIS, 2020–2024 190
11.4 MARKET SHARE ANALYSIS, 2024 191
11.5 COMPANY VALUATION AND FINANCIAL METRICS 194
11.6 BRAND/PRODUCT COMPARISON 195
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024 196
11.7.1 STARS 196
11.7.2 EMERGING LEADERS 196
11.7.3 PERVASIVE PLAYERS 196
11.7.4 PARTICIPANTS 196
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024 198
11.7.5.1 Company footprint 198
11.7.5.2 Region footprint 199
11.7.5.3 Offering footprint 200
11.7.5.4 Vertical footprint 201
11.7.5.5 Technology footprint 202
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024 203
11.8.1 PROGRESSIVE COMPANIES 203
11.8.2 RESPONSIVE COMPANIES 203
11.8.3 DYNAMIC COMPANIES 203
11.8.4 STARTING BLOCKS 203
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024 205
11.8.5.1 Detailed list of key startups/SMEs 205
11.8.5.2 Competitive benchmarking of key startups/SMEs 205
11.9 COMPETITIVE SCENARIO 206
11.9.1 PRODUCT LAUNCHES 206
11.9.2 DEALS 209
12 COMPANY PROFILES 212
12.1 KEY PLAYERS 212
12.1.1 SECURITAS AB 212
12.1.1.1 Business overview 212
12.1.1.2 Products/Solutions/Services offered 213
12.1.1.3 Recent developments 215
12.1.1.3.1 Deals 215
12.1.1.4 MnM view 215
12.1.1.4.1 Key strengths/Right to win 215
12.1.1.4.2 Strategic choices 215
12.1.1.4.3 Weaknesses/Competitive threats 215
12.1.2 ZEBRA TECHNOLOGIES CORP. 216
12.1.2.1 Business overview 216
12.1.2.2 Products/Solutions/Services offered 217
12.1.2.3 Recent developments 219
12.1.2.3.1 Deals 219
12.1.2.4 MnM view 220
12.1.2.4.1 Key strengths/Right to win 220
12.1.2.4.2 Strategic choices 220
12.1.2.4.3 Weaknesses/Competitive threats 220
12.1.3 IMPINJ, INC. 221
12.1.3.1 Business overview 221
12.1.3.2 Products/Solutions/Services offered 222
12.1.3.3 Recent developments 223
12.1.3.3.1 Product launches 223
12.1.3.4 MnM view 224
12.1.3.4.1 Key strengths/Right to win 224
12.1.3.4.2 Strategic choices 224
12.1.3.4.3 Weaknesses/Competitive threats 224
12.1.4 SIEMENS 225
12.1.4.1 Business overview 225
12.1.4.2 Products/Solutions/Services offered 226
12.1.4.3 MnM view 227
12.1.4.3.1 Key strengths/Right to win 227
12.1.4.3.2 Strategic choices 227
12.1.4.3.3 Weaknesses/Competitive threats 227
12.1.5 CENTRAK, INC. 228
12.1.5.1 Business overview 228
12.1.5.2 Products/Solutions/Services offered 228
12.1.5.3 Recent developments 229
12.1.5.3.1 Product launches 229
12.1.5.3.2 Deals 230
12.1.5.4 MnM view 230
12.1.5.4.1 Key strengths/Right to win 230
12.1.5.4.2 Strategic choices 230
12.1.5.4.3 Weaknesses/Competitive threats 230
12.1.6 AIRISTA 231
12.1.6.1 Business overview 231
12.1.6.2 Products/Solutions/Services offered 231
12.1.6.3 Recent developments 232
12.1.6.3.1 Product launches 232
12.1.7 ALIEN TECHNOLOGY, LLC 234
12.1.7.1 Business overview 234
12.1.7.2 Products/Solutions/Services offered 234
12.1.8 GE HEALTHCARE 235
12.1.8.1 Business overview 235
12.1.8.2 Products/Solutions/Services offered 236
12.1.9 QUUPPA 237
12.1.9.1 Business overview 237
12.1.9.2 Products/Solutions/Services offered 237
12.1.9.3 Recent developments 238
12.1.9.3.1 Deals 238
12.1.10 QORVO, INC. 240
12.1.10.1 Business overview 240
12.1.10.2 Products/Solutions/Services offered 241
12.1.11 SONITOR TECHNOLOGIES 242
12.1.11.1 Business overview 242
12.1.11.2 Products/Solutions/Services offered 242
12.1.11.3 Recent developments 243
12.1.11.3.1 Product launches 243
12.1.11.3.2 Deals 243
12.1.12 TELETRACKING TECHNOLOGIES, INC. 244
12.1.12.1 Business overview 244
12.1.12.2 Products/Solutions/Services offered 244
12.1.12.3 Recent developments 245
12.1.12.3.1 Deals 245
12.1.13 UBISENSE 246
12.1.13.1 Business overview 246
12.1.13.2 Products/Solutions/Services offered 246
12.1.13.3 Recent developments 247
12.1.13.3.1 Product launches 247
12.1.13.3.2 Deals 247
12.2 OTHER PLAYERS 248
12.2.1 BLUEIOT (BEIJING) TECHNOLOGY CO., LTD. 248
12.2.2 MIDMARK CORPORATION 249
12.2.3 LITUM 250
12.2.4 ELIKO 251
12.2.5 REDPOINT POSITIONING CORP. 252
12.2.6 LINK LABS 253
12.2.7 POZYX 254
12.2.8 SEWIO 255
12.2.9 TRACKTIO 256
12.2.10 VISIBLE ASSETS, INC. 257
12.2.11 BORDA TECHNOLOGY 258
12.2.12 MYSPHERA S.L. 259
12.2.13 SECURE CARE PRODUCTS, LLC 260
12.2.14 KONTAKT.IO 261
12.2.15 NAVIGINE 262
12.2.16 INPIXON 263
12.2.17 KINEXON 264
12.2.18 LEANTEGRA INC. 265
12.2.19 NANJING WOXU WIRELESS CO.,LTD 266
13 APPENDIX 267
13.1 INSIGHTS FROM INDUSTRY EXPERTS 267
13.2 DISCUSSION GUIDE 267
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 272
13.4 CUSTOMIZATION OPTIONS 274
13.5 RELATED REPORTS 274
13.6 AUTHOR DETAILS 275
LIST OF TABLES
TABLE 1 RTLS MARKET: INCLUSIONS AND EXCLUSIONS 26
TABLE 2 MAJOR SECONDARY SOURCES 32
TABLE 3 PRIMARY INTERVIEW PARTICIPANTS 34
TABLE 4 DATA CAPTURED FROM PRIMARY SOURCES 34
TABLE 5 RTLS MARKET: RISK ANALYSIS 41
TABLE 6 ROLE OF COMPANIES IN RTLS ECOSYSTEM 60
TABLE 7 IMPORT DATA FOR HS CODE 853252-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION) 63
TABLE 8 EXPORT DATA FOR HS CODE 853252-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION) 64
TABLE 9 LIST OF KEY PATENTS, 2023–2025 66
TABLE 10 LIST OF KEY CONFERENCES AND EVENTS, 2025–2026 66
TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 15 STANDARDS 71
TABLE 16 IMPACT OF PORTER’S FIVE FORCES ANALYSIS 71
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP
THREE VERTICALS (%) 74
TABLE 18 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 74
TABLE 19 PRICING TREND OF RTLS TAGS/BADGES, 2021–2024 (USD) 75
TABLE 20 PRICING RANGE OF RTLS TAGS/BADGES OFFERED BY KEY PLAYERS, 2024 (USD) 76
TABLE 21 PRICING RANGE OF RTLS TAGS/BADGES, BY TECHNOLOGY, 2024 (USD) 77
TABLE 22 AVERAGE SELLING PRICE TREND OF RTLS TAGS/BADGES, BY REGION,
2021–2024 (USD) 78
TABLE 23 KEY COMPANIES IMPLEMENTING AI/GEN AI 80
TABLE 24 US-ADJUSTED RECIPROCAL TARIFF RATES 82
TABLE 25 RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 89
TABLE 26 RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 89
TABLE 27 HARDWARE: RTLS MARKET, BY TYPE, 2021–2024 (USD MILLION) 90
TABLE 28 HARDWARE: RTLS MARKET, BY TYPE, 2025–2030 (USD MILLION) 91
TABLE 29 HARDWARE: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 91
TABLE 30 HARDWARE: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 91
TABLE 31 TAGS/BADGES: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (MILLION UNITS) 93
TABLE 32 TAGS/BADGES: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (MILLION UNITS) 93
TABLE 33 SOFTWARE: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 95
TABLE 34 SOFTWARE: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 95
TABLE 35 SERVICES: RTLS MARKET, BY TYPE, 2021–2024 (USD MILLION) 96
TABLE 36 SERVICES: RTLS MARKET, BY TYPE, 2025–2030 (USD MILLION) 96
TABLE 37 SERVICES: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 97
TABLE 38 SERVICES: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 97
TABLE 39 RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 101
TABLE 40 RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 101
TABLE 41 RFID: RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 102
TABLE 42 RFID: RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 102
TABLE 43 RFID: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 103
TABLE 44 RFID: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 103
TABLE 45 RFID: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 103
TABLE 46 RFID: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 104
TABLE 47 WI-FI: RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 105
TABLE 48 WI-FI: RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 105
TABLE 49 WI-FI: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 105
TABLE 50 WI-FI: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 106
TABLE 51 WI-FI: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 106
TABLE 52 WI-FI: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 106
TABLE 53 UWB: RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 107
TABLE 54 UWB: RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 107
TABLE 55 UWB: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 108
TABLE 56 UWB: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 108
TABLE 57 UWB: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 108
TABLE 58 UWB: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 109
TABLE 59 BLE: RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 109
TABLE 60 BLE: RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 110
TABLE 61 BLE: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 110
TABLE 62 BLE: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 110
TABLE 63 BLE: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 111
TABLE 64 BLE: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 111
TABLE 65 ULTRASOUND: RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 112
TABLE 66 ULTRASOUND: RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 112
TABLE 67 ULTRASOUND: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 112
TABLE 68 ULTRASOUND: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 113
TABLE 69 ULTRASOUND: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 113
TABLE 70 ULTRASOUND: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 113
TABLE 71 INFRARED: RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 114
TABLE 72 INFRARED: RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 114
TABLE 73 INFRARED: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 115
TABLE 74 INFRARED: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 115
TABLE 75 INFRARED: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 115
TABLE 76 INFRARED: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 116
TABLE 77 OTHER TECHNOLOGIES: RTLS MARKET, BY OFFERING, 2021–2024 (USD MILLION) 117
TABLE 78 OTHER TECHNOLOGIES: RTLS MARKET, BY OFFERING, 2025–2030 (USD MILLION) 117
TABLE 79 OTHER TECHNOLOGIES: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 117
TABLE 80 OTHER TECHNOLOGIES: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 118
TABLE 81 OTHER TECHNOLOGIES: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 118
TABLE 82 OTHER TECHNOLOGIES: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 118
TABLE 83 RTLS MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 121
TABLE 84 RTLS MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 122
TABLE 85 INVENTORY/ASSET TRACKING & MANAGEMENT: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 123
TABLE 86 INVENTORY/ASSET TRACKING & MANAGEMENT: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 123
TABLE 87 PERSONNEL LOCATING & MONITORING: RTLS MARKET, BY VERTICAL,
2021–2024 (USD MILLION) 125
TABLE 88 PERSONNEL LOCATING & MONITORING: RTLS MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 125
TABLE 89 ACCESS CONTROL & SECURITY: RTLS MARKET, BY VERTICAL,
2021–2024 (USD MILLION) 126
TABLE 90 ACCESS CONTROL & SECURITY: RTLS MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 127
TABLE 91 ENVIRONMENTAL MONITORING: RTLS MARKET, BY VERTICAL,
2021–2024 (USD MILLION) 128
TABLE 92 ENVIRONMENTAL MONITORING: RTLS MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 128
TABLE 93 YARD, DOCK, FLEET & WAREHOUSE MANAGEMENT & MONITORING: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 129
TABLE 94 YARD, DOCK, FLEET & WAREHOUSE MANAGEMENT & MONITORING: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 130
TABLE 95 SUPPLY CHAIN MANAGEMENT & AUTOMATION: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 131
TABLE 96 SUPPLY CHAIN MANAGEMENT & AUTOMATION: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 131
TABLE 97 OTHER APPLICATIONS: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 132
TABLE 98 OTHER APPLICATIONS: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 133
TABLE 99 RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 136
TABLE 100 RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 136
TABLE 101 HEALTHCARE: RTLS MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 138
TABLE 102 HEALTHCARE: RTLS MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 138
TABLE 103 HEALTHCARE: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 138
TABLE 104 HEALTHCARE: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 139
TABLE 105 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 140
TABLE 106 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 140
TABLE 107 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY REGION,
2021–2024 (USD MILLION) 141
TABLE 108 MANUFACTURING & AUTOMOTIVE: RTLS MARKET, BY REGION,
2025–2030 (USD MILLION) 141
TABLE 109 RETAIL: RTLS MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 142
TABLE 110 RETAIL: RTLS MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 142
TABLE 111 RETAIL: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 143
TABLE 112 RETAIL: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 143
TABLE 113 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 144
TABLE 114 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 144
TABLE 115 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY REGION,
2021–2024 (USD MILLION) 145
TABLE 116 TRANSPORTATION & LOGISTICS: RTLS MARKET, BY REGION,
2025–2030 (USD MILLION) 145
TABLE 117 GOVERNMENT: RTLS MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 146
TABLE 118 GOVERNMENT: RTLS MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 146
TABLE 119 GOVERNMENT: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 146
TABLE 120 GOVERNMENT: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 147
TABLE 121 EDUCATION: RTLS MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 148
TABLE 122 EDUCATION: RTLS MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 148
TABLE 123 EDUCATION: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 148
TABLE 124 EDUCATION: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 149
TABLE 125 OIL & GAS AND MINING: RTLS MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 150
TABLE 126 OIL & GAS AND MINING: RTLS MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 150
TABLE 127 OIL & GAS AND MINING: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 150
TABLE 128 OIL & GAS AND MINING: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 151
TABLE 129 SPORTS & ENTERTAINMENT: RTLS MARKET, BY APPLICATION,
2021–2024 (USD MILLION) 152
TABLE 130 SPORTS & ENTERTAINMENT: RTLS MARKET, BY APPLICATION,
2025–2030 (USD MILLION) 152
TABLE 131 SPORTS & ENTERTAINMENT: RTLS MARKET, BY REGION,
2021–2024 (USD MILLION) 152
TABLE 132 SPORTS & ENTERTAINMENT: RTLS MARKET, BY REGION,
2025–2030 (USD MILLION) 153
TABLE 133 OTHER VERTICALS: RTLS MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 154
TABLE 134 OTHER VERTICALS: RTLS MARKET, BY APPLICATION, 2025–2030 (USD MILLION) 154
TABLE 135 OTHER VERTICALS: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 154
TABLE 136 OTHER VERTICALS: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 155
TABLE 137 RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 158
TABLE 138 RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 159
TABLE 139 NORTH AMERICA: RTLS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 161
TABLE 140 NORTH AMERICA: RTLS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 161
TABLE 141 NORTH AMERICA: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 162
TABLE 142 NORTH AMERICA: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 162
TABLE 143 NORTH AMERICA: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 163
TABLE 144 NORTH AMERICA: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 163
TABLE 145 EUROPE: RTLS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 167
TABLE 146 EUROPE: RTLS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 167
TABLE 147 EUROPE: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 167
TABLE 148 EUROPE: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 168
TABLE 149 EUROPE: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 168
TABLE 150 EUROPE: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 169
TABLE 151 ASIA PACIFIC: RTLS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 174
TABLE 152 ASIA PACIFIC: RTLS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 175
TABLE 153 ASIA PACIFIC: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 175
TABLE 154 ASIA PACIFIC: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 176
TABLE 155 ASIA PACIFIC: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 176
TABLE 156 ASIA PACIFIC: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 177
TABLE 157 ROW: RTLS MARKET, BY REGION, 2021–2024 (USD MILLION) 183
TABLE 158 ROW: RTLS MARKET, BY REGION, 2025–2030 (USD MILLION) 183
TABLE 159 ROW: RTLS MARKET, BY TECHNOLOGY, 2021–2024 (USD MILLION) 183
TABLE 160 ROW: RTLS MARKET, BY TECHNOLOGY, 2025–2030 (USD MILLION) 184
TABLE 161 ROW: RTLS MARKET, BY VERTICAL, 2021–2024 (USD MILLION) 184
TABLE 162 ROW: RTLS MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 185
TABLE 163 MIDDLE EAST: RTLS MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 185
TABLE 164 MIDDLE EAST: RTLS MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 186
TABLE 165 RTLS MARKET: OVERVIEW OF STRATEGIES ADOPTED BY
KEY PLAYERS, JUNE 2021–JULY 2025 188
TABLE 166 RTLS MARKET: DEGREE OF COMPETITION, 2024 191
TABLE 167 RTLS MARKET: REGION FOOTPRINT 199
TABLE 168 RTLS MARKET: OFFERING FOOTPRINT 200
TABLE 169 RTLS MARKET: VERTICAL FOOTPRINT 201
TABLE 170 RTLS MARKET: TECHNOLOGY FOOTPRINT 202
TABLE 171 RTLS MARKET: DETAILED LIST OF KEY STARTUPS/SMES 205
TABLE 172 RTLS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 205
TABLE 173 RTLS MARKET: PRODUCT LAUNCHES, JUNE 2021–JULY 2025 207
TABLE 174 RTLS MARKET: DEALS, JUNE 2021–JULY 2025 209
TABLE 175 SECURITAS AB: COMPANY OVERVIEW 212
TABLE 176 SECURITAS AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 177 SECURITAS AB: DEALS 215
TABLE 178 ZEBRA TECHNOLOGIES CORP.: COMPANY OVERVIEW 216
TABLE 179 ZEBRA TECHNOLOGIES CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 180 ZEBRA TECHNOLOGIES CORP.: DEALS 219
TABLE 181 IMPINJ, INC.: COMPANY OVERVIEW 221
TABLE 182 IMPINJ, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 222
TABLE 183 IMPINJ, INC.: PRODUCT LAUNCHES 223
TABLE 184 SIEMENS: COMPANY OVERVIEW 225
TABLE 185 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 186 CENTRAK, INC.: COMPANY OVERVIEW 228
TABLE 187 CENTRAK, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 188 CENTRAK, INC.: PRODUCT LAUNCHES 229
TABLE 189 CENTRAK, INC.: DEALS 230
TABLE 190 AIRISTA: COMPANY OVERVIEW 231
TABLE 191 AIRISTA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 231
TABLE 192 AIRISTA: PRODUCT LAUNCHES 232
TABLE 193 ALIEN TECHNOLOGY, LLC: COMPANY OVERVIEW 234
TABLE 194 ALIEN TECHNOLOGY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 234
TABLE 195 GE HEALTHCARE: COMPANY OVERVIEW 235
TABLE 196 GE HEALTHCARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 236
TABLE 197 QUUPPA: COMPANY OVERVIEW 237
TABLE 198 QUUPPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 199 QUUPPA: DEALS 238
TABLE 200 QORVO, INC.: COMPANY OVERVIEW 240
TABLE 201 QORVO, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 241
TABLE 202 SONITOR TECHNOLOGIES: COMPANY OVERVIEW 242
TABLE 203 SONITOR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 204 SONITOR TECHNOLOGIES: PRODUCT LAUNCHES 243
TABLE 205 SONITOR TECHNOLOGIES: DEALS 243
TABLE 206 TELETRACKING TECHNOLOGIES, INC.: COMPANY OVERVIEW 244
TABLE 207 TELETRACKING TECHNOLOGIES, INC.:
PRODUCTS/SOLUTIONS/SERVICES OFFERED 244
TABLE 208 TELETRACKING TECHNOLOGIES, INC.: PRODUCT LAUNCHES 245
TABLE 209 TELETRACKING TECHNOLOGIES, INC.: DEALS 245
TABLE 210 UBISENSE: COMPANY OVERVIEW 246
TABLE 211 UBISENSE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 246
TABLE 212 UBISENSE: PRODUCT LAUNCHES 247
TABLE 213 UBISENSE: DEALS 247
LIST OF FIGURES
FIGURE 1 RTLS MARKET SEGMENTATION AND REGIONAL SCOPE 25
FIGURE 2 RTLS MARKET: DURATION CONSIDERED 27
FIGURE 3 RTLS MARKET: RESEARCH DESIGN 30
FIGURE 4 RTLS MARKET: RESEARCH APPROACH 31
FIGURE 5 DATA CAPTURED FROM SECONDARY SOURCES 33
FIGURE 6 CORE FINDINGS FROM INDUSTRY EXPERTS 35
FIGURE 7 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE,
DESIGNATION, AND REGION 35
FIGURE 8 RTLS MARKET: TOP-DOWN APPROACH 36
FIGURE 9 RTLS MARKET: BOTTOM-UP APPROACH 37
FIGURE 10 RTLS MARKET SIZE ESTIMATION METHODOLOGY 38
FIGURE 11 RTLS MARKET: DATA TRIANGULATION 39
FIGURE 12 RTLS MARKET: RESEARCH ASSUMPTIONS 40
FIGURE 13 RTLS MARKET SIZE, 2021–2030 43
FIGURE 14 SERVICES SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 43
FIGURE 15 WI-FI SEGMENT TO DOMINATE RTLS MARKET BETWEEN 2025 AND 2030 44
FIGURE 16 HEALTHCARE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030 44
FIGURE 17 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF RTLS MARKET IN 2024 45
FIGURE 18 INCREASING NEED TO ENSURE SAFETY AND SECURITY COMPLIANCE TO BOOST RTLS MARKET BETWEEN 2025 AND 2030 46
FIGURE 19 WI-FI SEGMENT TO DOMINATE RTLS MARKET FROM 2025 TO 2030 46
FIGURE 20 INVENTORY/ASSET TRACKING & MANAGEMENT SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2030 47
FIGURE 21 HEALTHCARE AND US TO HOLD LARGEST SHARES OF NORTH AMERICAN
RTLS MARKET IN 2030 47
FIGURE 22 CHINA TO RECORD HIGHEST CAGR IN GLOBAL RTLS MARKET FROM 2025 TO 2030 48
FIGURE 23 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 49
FIGURE 24 IMPACT ANALYSIS: DRIVERS 52
FIGURE 25 IMPACT ANALYSIS: RESTRAINTS 53
FIGURE 26 IMPACT ANALYSIS: OPPORTUNITIES 55
FIGURE 27 IMPACT ANALYSIS: CHALLENGES 56
FIGURE 28 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 57
FIGURE 29 VALUE CHAIN ANALYSIS 58
FIGURE 30 RTLS ECOSYSTEM 60
FIGURE 31 INVESTMENT AND FUNDING SCENARIO, 2020–2024 61
FIGURE 32 IMPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024 63
FIGURE 33 EXPORT DATA FOR HS CODE 852352-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024 64
FIGURE 34 PATENTS APPLIED AND GRANTED, 2015–2024 65
FIGURE 35 PORTER’S FIVE FORCES ANALYSIS 72
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 73
FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 74
FIGURE 38 PRICING TREND OF RTLS TAGS/BADGES, 2021–2024 75
FIGURE 39 PRICING RANGE OF RTLS TAGS/BADGES OFFERED BY KEY PLAYERS, 2024 76
FIGURE 40 AVERAGE SELLING PRICE TREND OF RTLS TAGS/BADGES, BY REGION, 2021−2024 77
FIGURE 41 AI/GEN AI IN RTLS MARKET 80
FIGURE 42 RTLS MARKET, BY OFFERING 88
FIGURE 43 SERVICES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 89
FIGURE 44 RTLS MARKET, BY TECHNOLOGY 100
FIGURE 45 WI-FI SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030 100
FIGURE 46 RTLS MARKET, BY APPLICATION 120
FIGURE 47 INVENTORY/ASSET TRACKING & MANAGEMENT SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030 121
FIGURE 48 RTLS MARKET, BY VERTICAL 135
FIGURE 49 HEALTHCARE VERTICAL TO CAPTURE LARGEST SHARE OF RTLS MARKET IN 2030 135
FIGURE 50 RTLS MARKET, BY REGION 157
FIGURE 51 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL RTLS MARKET DURING FORECAST PERIOD 158
FIGURE 52 NORTH AMERICA: RTLS MARKET SNAPSHOT 160
FIGURE 53 US TO ACCOUNT FOR LARGEST SHARE OF NORTH AMERICAN
RTLS MARKET IN 2025 161
FIGURE 54 EUROPE: RTLS MARKET SNAPSHOT 166
FIGURE 55 GERMANY TO REGISTER HIGHEST CAGR IN EUROPEAN RTLS MARKET DURING FORECAST PERIOD 166
FIGURE 56 ASIA PACIFIC: RTLS MARKET SNAPSHOT 173
FIGURE 57 CHINA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 174
FIGURE 58 SOUTH AMERICA TO RECORD HIGHEST CAGR IN ROW RTLS MARKET DURING FORECAST PERIOD 182
FIGURE 59 RTLS MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2020–2024 190
FIGURE 60 MARKET SHARE ANALYSIS OF COMPANIES OFFERING REAL-TIME
LOCATION SYSTEMS, 2024 191
FIGURE 61 COMPANY VALUATION 194
FIGURE 62 FINANCIAL METRICS (EV/EBITDA) 194
FIGURE 63 BRAND/PRODUCT COMPARISON 195
FIGURE 64 RTLS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024 197
FIGURE 65 RTLS MARKET: COMPANY FOOTPRINT 198
FIGURE 66 RTLS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 204
FIGURE 67 SECURITAS AB: COMPANY SNAPSHOT 213
FIGURE 68 ZEBRA TECHNOLOGIES CORP.: COMPANY SNAPSHOT 217
FIGURE 69 IMPINJ, INC.: COMPANY SNAPSHOT 222
FIGURE 70 SIEMENS: COMPANY SNAPSHOT 226
FIGURE 71 GE HEALTHCARE: COMPANY SNAPSHOT 236
FIGURE 72 QORVO, INC.: COMPANY SNAPSHOT 241
