U.S. Real-time Location Systems (RTLS) Market Size, Share, Trends, Industry Analysis Report By Component (Hardware, Software, Services), By Technology, By Application, By Industry Vertical – Market Forecast, 2025–2034
Description
The u.s. real-time location systems market size is expected to reach USD 11.84 billion by 2034, according to a new study by Polaris Market Research. The report “U.S. Real-time Location Systems (RTLS) Market Share, Size, Trends, Industry Analysis Report By Component (Hardware, Software, Services), By Technology, By Application, By Industry Vertical; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Real-time location systems (RTLS) are technologies that automatically identify and track the location of objects or people in real time, typically within a defined physical space such as hospitals, warehouses, manufacturing plants, or airports. RTLS uses various methods, including radio frequency identification (RFID), Wi-Fi, Bluetooth Low Energy (BLE), ultra-wideband (UWB), and infrared, to detect the position of tagged assets or individuals. These systems consist of fixed reference points and mobile tags attached to the items or people being tracked. Data collected from the tags is transmitted to a central server, where software processes it to display real-time locations on digital maps or dashboards.
RTLS enhances operational efficiency, improves safety, and supports decision-making by providing accurate, up-to-the-minute location data. In healthcare, RTLS helps track medical equipment and monitor patient flow, reducing delays and improving care. In logistics and manufacturing, it optimizes inventory management, streamlines workflows, and reduces losses. Security and access control also benefit from RTLS by enabling the monitoring of personnel in restricted areas.
U.S. Real-time Location Systems (RTLS) Market Report Highlights
In terms of component, the hardware segment accounted for a major revenue share in 2024. The dominance is attributed to strong demand for tags, sensors, readers, and access points across various industries such as healthcare, manufacturing, and logistics.
The software segment is projected to grow at a robust pace in the coming years, owing to the rising focus on analytics, automation, and integration.
Based on technology, the RFID segment dominated the revenue share in 2024, as industries such as healthcare, retail, and logistics heavily relied on it for asset and inventory tracking.
In terms of application, the inventory/asset tracking & management dominated the revenue share in 2024 due to RTLS's ability to streamline warehouse operations, reduce inventory errors, and minimize downtime caused by misplaced assets.
Based on industry vertical, the healthcare segment accounted for a major revenue share in 2024 due to RTLS's ability to enhance patient safety, streamline workflows, and improve asset utilization.
The transportation & logistics segment is expected to grow at a rapid pace in the coming years, owing to the rising complexity of global trade, coupled with customer expectations for faster and more reliable deliveries.
A few key players in the U.S. real-time location systems market include AiRISTA Flow; CenTrak, Inc.; Hewlett Packard Enterprise; Impinj, Inc.; Lowry Solutions; PINC Solutions; Savi Technology; TeleTracking Technologies, Inc.; Ubisense Ltd; and Zebra Technologies Corp.
Polaris Market Research has segmented the U.S. real-time location systems market report on the basis of component, technology, application, and industry vertical:
By Component Outlook (Revenue, USD Billion, 2020–2034)
Hardware
Software
Services
By Technology Outlook (Revenue, USD Billion, 2020–2034)
Ultra-Wideband
Wi-Fi
RFID
ZigBee
Infrared
Others
By Application Outlook (Revenue, USD Billion, 2020–2034)
Inventory/Asset Tracking & Management
Personnel Locating & Monitoring
Access Control & Security
Environmental Monitoring
Yard, Dock, Fleet, & Warehouse Management & Monitoring
Supply Chain Management & Automation
Other
By Industry Vertical Outlook (Revenue, USD Billion, 2020–2034)
Transportation & Logistics
Healthcare
Retail
Manufacturing & Processing
Others
Real-time location systems (RTLS) are technologies that automatically identify and track the location of objects or people in real time, typically within a defined physical space such as hospitals, warehouses, manufacturing plants, or airports. RTLS uses various methods, including radio frequency identification (RFID), Wi-Fi, Bluetooth Low Energy (BLE), ultra-wideband (UWB), and infrared, to detect the position of tagged assets or individuals. These systems consist of fixed reference points and mobile tags attached to the items or people being tracked. Data collected from the tags is transmitted to a central server, where software processes it to display real-time locations on digital maps or dashboards.
RTLS enhances operational efficiency, improves safety, and supports decision-making by providing accurate, up-to-the-minute location data. In healthcare, RTLS helps track medical equipment and monitor patient flow, reducing delays and improving care. In logistics and manufacturing, it optimizes inventory management, streamlines workflows, and reduces losses. Security and access control also benefit from RTLS by enabling the monitoring of personnel in restricted areas.
U.S. Real-time Location Systems (RTLS) Market Report Highlights
In terms of component, the hardware segment accounted for a major revenue share in 2024. The dominance is attributed to strong demand for tags, sensors, readers, and access points across various industries such as healthcare, manufacturing, and logistics.
The software segment is projected to grow at a robust pace in the coming years, owing to the rising focus on analytics, automation, and integration.
Based on technology, the RFID segment dominated the revenue share in 2024, as industries such as healthcare, retail, and logistics heavily relied on it for asset and inventory tracking.
In terms of application, the inventory/asset tracking & management dominated the revenue share in 2024 due to RTLS's ability to streamline warehouse operations, reduce inventory errors, and minimize downtime caused by misplaced assets.
Based on industry vertical, the healthcare segment accounted for a major revenue share in 2024 due to RTLS's ability to enhance patient safety, streamline workflows, and improve asset utilization.
The transportation & logistics segment is expected to grow at a rapid pace in the coming years, owing to the rising complexity of global trade, coupled with customer expectations for faster and more reliable deliveries.
A few key players in the U.S. real-time location systems market include AiRISTA Flow; CenTrak, Inc.; Hewlett Packard Enterprise; Impinj, Inc.; Lowry Solutions; PINC Solutions; Savi Technology; TeleTracking Technologies, Inc.; Ubisense Ltd; and Zebra Technologies Corp.
Polaris Market Research has segmented the U.S. real-time location systems market report on the basis of component, technology, application, and industry vertical:
By Component Outlook (Revenue, USD Billion, 2020–2034)
Hardware
Software
Services
By Technology Outlook (Revenue, USD Billion, 2020–2034)
Ultra-Wideband
Wi-Fi
RFID
ZigBee
Infrared
Others
By Application Outlook (Revenue, USD Billion, 2020–2034)
Inventory/Asset Tracking & Management
Personnel Locating & Monitoring
Access Control & Security
Environmental Monitoring
Yard, Dock, Fleet, & Warehouse Management & Monitoring
Supply Chain Management & Automation
Other
By Industry Vertical Outlook (Revenue, USD Billion, 2020–2034)
Transportation & Logistics
Healthcare
Retail
Manufacturing & Processing
Others
Table of Contents
124 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source
- 4. U.S. Real-time Location Systems (RTLS) Market Insights
- 4.1. Real-time Location Systems (RTLS) Market – Market Snapshot
- 4.2. Real-time Location Systems (RTLS) Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing E-commerce Sector
- 4.2.1.2. Increasing Healthcare Investment
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High Implementation Cost
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Real-time Location Systems (RTLS) Market Trends
- 4.6. Value Chain Analysis
- 5. U.S. Real-time Location Systems (RTLS) Market, by Component
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Real-time Location Systems (RTLS) Market, by Component, 2020-2034 (USD Billion)
- 5.3. Hardware
- 5.3.1. U.S. Real-time Location Systems (RTLS) Market, by Hardware, by Region, 2020-2034 (USD Billion)
- 5.4. Software
- 5.4.1. U.S. Real-time Location Systems (RTLS) Market, by Software, by Region, 2020-2034 (USD Billion)
- 5.5. Services
- 5.5.1. U.S. Real-time Location Systems (RTLS) Market, by Services, by Region, 2020-2034 (USD Billion)
- 6. U.S. Real-time Location Systems (RTLS) Market, by Technology
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Real-time Location Systems (RTLS) Market, by Technology, 2020-2034 (USD Billion)
- 6.3. Ultra-Wideband
- 6.3.1. U.S. Real-time Location Systems (RTLS) Market, by Ultra-Wideband, by Region, 2020-2034 (USD Billion)
- 6.4. Wi-Fi
- 6.4.1. U.S. Real-time Location Systems (RTLS) Market, by Wi-Fi, by Region, 2020-2034 (USD Billion)
- 6.5. RFID
- 6.5.1. U.S. Real-time Location Systems (RTLS) Market, by RFID, by Region, 2020-2034 (USD Billion)
- 6.6. ZigBee
- 6.6.1. U.S. Real-time Location Systems (RTLS) Market, by ZigBee, by Region, 2020-2034 (USD Billion)
- 6.7. Infrared
- 6.7.1. U.S. Real-time Location Systems (RTLS) Market, by Infrared, by Region, 2020-2034 (USD Billion)
- 6.8. Others
- 6.8.1. U.S. Real-time Location Systems (RTLS) Market, by Others, by Region, 2020-2034 (USD Billion)
- 7. U.S. Real-time Location Systems (RTLS) Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Real-time Location Systems (RTLS) Market, by Application, 2020-2034 (USD Billion)
- 7.3. Inventory/Asset Tracking & Management
- 7.3.1. U.S. Real-time Location Systems (RTLS) Market, by Inventory/Asset Tracking & Management, by Region, 2020-2034 (USD Billion)
- 7.4. Personnel Locating & Monitoring
- 7.4.1. U.S. Real-time Location Systems (RTLS) Market, by Personnel Locating & Monitoring, by Region, 2020-2034 (USD Billion)
- 7.5. Access Control & Security
- 7.5.1. U.S. Real-time Location Systems (RTLS) Market, by Access Control & Security, by Region, 2020-2034 (USD Billion)
- 7.6. Environmental Monitoring
- 7.6.1. U.S. Real-time Location Systems (RTLS) Market, by Environmental Monitoring, by Region, 2020-2034 (USD Billion)
- 7.7. Yard, Dock, Fleet, & Warehouse Management & Monitoring
- 7.7.1. U.S. Real-time Location Systems (RTLS) Market, by Yard, Dock, Fleet, & Warehouse Management & Monitoring, by Region, 2020-2034 (USD Billion)
- 7.8. Supply Chain Management & Automation
- 7.8.1. U.S. Real-time Location Systems (RTLS) Market, by Supply Chain Management & Automation, by Region, 2020-2034 (USD Billion)
- 7.9. Other
- 7.9.1. U.S. Real-time Location Systems (RTLS) Market, by Other, by Region, 2020-2034 (USD Billion)
- 8. U.S. Real-time Location Systems (RTLS) Market, by Industry Vertical
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. U.S. Real-time Location Systems (RTLS) Market, by Industry Vertical, 2020-2034 (USD Billion)
- 8.3. Transportation & Logistics
- 8.3.1. U.S. Real-time Location Systems (RTLS) Market, by Transportation & Logistics, by Region, 2020-2034 (USD Billion)
- 8.4. Healthcare
- 8.4.1. U.S. Real-time Location Systems (RTLS) Market, by Healthcare, by Region, 2020-2034 (USD Billion)
- 8.5. Retail
- 8.5.1. U.S. Real-time Location Systems (RTLS) Market, by Retail, by Region, 2020-2034 (USD Billion)
- 8.6. Manufacturing & Processing
- 8.6.1. U.S. Real-time Location Systems (RTLS) Market, by Manufacturing & Processing, by Region, 2020-2034 (USD Billion)
- 8.7. Others
- 8.7.1. U.S. Real-time Location Systems (RTLS) Market, by Others, by Region, 2020-2034 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. AiRISTA Flow
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. CenTrak, Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Hewlett Packard Enterprise
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Impinj, Inc.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Lowry Solutions
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. PINC Solutions
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Savi Technology
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. TeleTracking Technologies, Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Ubisense Group
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Zebra Technologies Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
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