Real-Time Location Systems (RTLS) Market Growth, Size, Trends Analysis - By Offering, By Technology, By Deployment, By Application, By Sector - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Description
Real-Time Location Systems (RTLS) Market Introduction and Overview
According to SPER market research, ‘Global Real-Time Location Systems (RTLS) Market Size- By Offering, By Technology, By Deployment, By Application, By Sector – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Real-Time Location Systems (RTLS) Market is predicted to reach 87.09 billion by 2034 with a CAGR of 28.24%.
Real-time locating systems are used to automatically identify and track the location of objects or persons in real time, usually within the boundaries of a building or other enclosed spaces. Real-time location solutions improve productivity, accuracy, and operational efficiency in a variety of corporate operations, increasing their market share. RFID tags have been in high demand among RTLS technologies in the healthcare sector since they may be utilised for a variety of purposes, including tracking surgical tools, patients, and staff.
Restraints:The implementation of Real Time Location Systems (RTLS) requires significant upfront costs, presenting a barrier for small and medium enterprises (SMEs). Expenses include hardware like tags, sensors, and readers, as well as software for data management and system installation. Integrating RTLS with existing IT infrastructure can also be complex, needing specialized expertise for seamless data flow and compatibility, further restricting RTLS adoption in businesses with limited resources or system compatibility issues.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments coveredBy Offering, By Technology, By Deployment, By Application, By Sector.
Regions covered:
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Stanley Black & Decker Inc, Honeywell International Inc, Zebra Technologies Corporation, CenTrak Inc, Savi Technology, AeroScout (Stanley Healthcare), Ubisense Group plc, Identec Group AG, Sonitor Technologies AS, TeleTracking Technologies Inc, Versus Technology Inc, Awarepoint Corporation. and others.
Real-Time Location Systems (RTLS) Market Segmentation:
By Offering:Based on the Offering, Global Real-Time Location Systems (RTLS) Market is segmented as; Hardware, Software/Platform, Services.
By Technology:Based on the Technology, Global Real-Time Location Systems (RTLS) Market is segmented as; Radio Frequency Identification, Infrared, Bluetooth Low Energy, Ultra-Wideband, Wireless Fidelity, Ultrasound, Narrowband-Internet of Things, Global Positioning System/Assisted GPS, Other Technologies.
By Deployment:Based on the Deployment, Global Real-Time Location Systems (RTLS) Market is segmented as; On-Premise Deployment, Cloud-Based Deployment.
By Application:Based on the Application, Global Real-Time Location Systems (RTLS) Market is segmented as; Asset Tracking, Sensing & Monitoring, Security & Surveillance, Inventory Management & Warehouse Management, Supply Chain Management & Automation, Human Resource Management, Vehicle Tracking & Fleet Management, Other Applications.
According to SPER market research, ‘Global Real-Time Location Systems (RTLS) Market Size- By Offering, By Technology, By Deployment, By Application, By Sector – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Real-Time Location Systems (RTLS) Market is predicted to reach 87.09 billion by 2034 with a CAGR of 28.24%.
Real-time locating systems are used to automatically identify and track the location of objects or persons in real time, usually within the boundaries of a building or other enclosed spaces. Real-time location solutions improve productivity, accuracy, and operational efficiency in a variety of corporate operations, increasing their market share. RFID tags have been in high demand among RTLS technologies in the healthcare sector since they may be utilised for a variety of purposes, including tracking surgical tools, patients, and staff.
Restraints:The implementation of Real Time Location Systems (RTLS) requires significant upfront costs, presenting a barrier for small and medium enterprises (SMEs). Expenses include hardware like tags, sensors, and readers, as well as software for data management and system installation. Integrating RTLS with existing IT infrastructure can also be complex, needing specialized expertise for seamless data flow and compatibility, further restricting RTLS adoption in businesses with limited resources or system compatibility issues.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments coveredBy Offering, By Technology, By Deployment, By Application, By Sector.
Regions covered:
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
Stanley Black & Decker Inc, Honeywell International Inc, Zebra Technologies Corporation, CenTrak Inc, Savi Technology, AeroScout (Stanley Healthcare), Ubisense Group plc, Identec Group AG, Sonitor Technologies AS, TeleTracking Technologies Inc, Versus Technology Inc, Awarepoint Corporation. and others.
Real-Time Location Systems (RTLS) Market Segmentation:
By Offering:Based on the Offering, Global Real-Time Location Systems (RTLS) Market is segmented as; Hardware, Software/Platform, Services.
By Technology:Based on the Technology, Global Real-Time Location Systems (RTLS) Market is segmented as; Radio Frequency Identification, Infrared, Bluetooth Low Energy, Ultra-Wideband, Wireless Fidelity, Ultrasound, Narrowband-Internet of Things, Global Positioning System/Assisted GPS, Other Technologies.
By Deployment:Based on the Deployment, Global Real-Time Location Systems (RTLS) Market is segmented as; On-Premise Deployment, Cloud-Based Deployment.
By Application:Based on the Application, Global Real-Time Location Systems (RTLS) Market is segmented as; Asset Tracking, Sensing & Monitoring, Security & Surveillance, Inventory Management & Warehouse Management, Supply Chain Management & Automation, Human Resource Management, Vehicle Tracking & Fleet Management, Other Applications.
Table of Contents
237 Pages
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Real-Time Location Systems (RTLS) Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Real-Time Location Systems (RTLS) Market
- 7. Global Real-Time Location Systems (RTLS) Market, By Offering (USD Million) 2021-2034
- 7.1. Hardware
- 7.1.1. Tags & Badges
- 7.1.2. Anchors
- 7.1.3. Other Hardware
- 7.2. Software/Platform
- 7.3. Services
- 7.3.1. Data Analytic and Reporting Services
- 7.3.2. Implementation & Integration
- 7.3.3. Consulting and Advisory Services
- 8. Global Real-Time Location Systems (RTLS) Market, By Technology (USD Million) 2021-2034
- 8.1. Radio Frequency Identification (RFID)
- 8.1.1. Active RFID
- 8.1.2. Passive RFID
- 8.2. Infrared (IR)
- 8.3. Bluetooth Low Energy (BLE)
- 8.4. Ultra-Wideband (UWB)
- 8.5. Wireless Fidelity (Wi-Fi)
- 8.6. Ultrasound
- 8.7. Narrowband-Internet of Things (NB-IoT)
- 8.8. Global Positioning System (GPS)/Assisted GPS (A-GPS)
- 8.9. Other Technologies
- 9. Global Real-Time Location Systems (RTLS) Market, By Deployment (USD Million) 2021-2034
- 9.1. On-Premise Deployment
- 9.2. Cloud-Based Deployment
- 10. Global Real-Time Location Systems (RTLS) Market, By Application (USD Million) 2021-2034
- 10.1. Asset Tracking
- 10.2. Sensing & Monitoring
- 10.3. Security & Surveillance
- 10.4. Inventory Management & Warehouse Management
- 10.5. Supply Chain Management & Automation
- 10.6. Human Resource Management
- 10.7. Vehicle Tracking & Fleet Management
- 10.8. Other Applications
- 11. Global Real-Time Location Systems (RTLS) Market, By Sector (USD Million) 2021-2034
- 11.1. Transportation & Logistics
- 11.2. Government & Public Sector
- 11.3. Retail and Consumer Goods
- 11.4. Manufacturing
- 11.5. Healthcare & Life sciences
- 11.6. Media & Entertainment
- 11.7. Aerospace & Defense
- 11.8. Agriculture
- 11.9. Hospitality & Tourism
- 11.10. BFSI
- 11.11. IT & Telecom
- 11.12. Other Sectors
- 12. Global Real-Time Location Systems (RTLS) Market, (USD Million) 2021-2034
- 12.1. Global Real-Time Location Systems (RTLS) Market Size and Market Share
- 13. Global Real-Time Location Systems (RTLS) Market, By Region, (USD Million) 2021-2034
- 13.1. Asia-Pacific
- 13.1.1. Australia
- 13.1.2. China
- 13.1.3. India
- 13.1.4. Japan
- 13.1.5. South Korea
- 13.1.6. Rest of Asia-Pacific
- 13.2. Europe
- 13.2.1. France
- 13.2.2. Germany
- 13.2.3. Italy
- 13.2.4. Spain
- 13.2.5. United Kingdom
- 13.2.6. Rest of Europe
- 13.3. Middle East and Africa
- 13.3.1. Kingdom of Saudi Arabia
- 13.3.2. United Arab Emirates
- 13.3.3. Qatar
- 13.3.4. South Africa
- 13.3.5. Egypt
- 13.3.6. Morocco
- 13.3.7. Nigeria
- 13.3.8. Rest of Middle-East and Africa
- 13.4. North America
- 13.4.1. Canada
- 13.4.2. Mexico
- 13.4.3. United States
- 13.5. Latin America
- 13.5.1. Argentina
- 13.5.2. Brazil
- 13.5.3. Rest of Latin America
- 14. Company Profile
- 14.1. Stanley Black & Decker Inc
- 14.1.1. Company details
- 14.1.2. Financial outlook
- 14.1.3. Product summary
- 14.1.4. Recent developments
- 14.2. Honeywell International Inc
- 14.2.1. Company details
- 14.2.2. Financial outlook
- 14.2.3. Product summary
- 14.2.4. Recent developments
- 14.3. Zebra Technologies Corporation
- 14.3.1. Company details
- 14.3.2. Financial outlook
- 14.3.3. Product summary
- 14.3.4. Recent developments
- 14.4. CenTrak Inc
- 14.4.1. Company details
- 14.4.2. Financial outlook
- 14.4.3. Product summary
- 14.4.4. Recent developments
- 14.5. Savi Technology
- 14.5.1. Company details
- 14.5.2. Financial outlook
- 14.5.3. Product summary
- 14.5.4. Recent developments
- 14.6. AeroScout (Stanley Healthcare)
- 14.6.1. Company details
- 14.6.2. Financial outlook
- 14.6.3. Product summary
- 14.6.4. Recent developments
- 14.7. Ubisense Group plc
- 14.7.1. Company details
- 14.7.2. Financial outlook
- 14.7.3. Product summary
- 14.7.4. Recent developments
- 14.8. Identec Group AG
- 14.8.1. Company details
- 14.8.2. Financial outlook
- 14.8.3. Product summary
- 14.8.4. Recent developments
- 14.9. Sonitor Technologies AS
- 14.9.1. Company details
- 14.9.2. Financial outlook
- 14.9.3. Product summary
- 14.9.4. Recent developments
- 14.10. TeleTracking Technologies Inc
- 14.10.1. Company details
- 14.10.2. Financial outlook
- 14.10.3. Product summary
- 14.10.4. Recent developments
- 14.11. Versus Technology Inc
- 14.11.1. Company details
- 14.11.2. Financial outlook
- 14.11.3. Product summary
- 14.11.4. Recent developments
- 14.12. Awarepoint Corporation
- 14.12.1. Company details
- 14.12.2. Financial outlook
- 14.12.3. Product summary
- 14.12.4. Recent developments
- 14.13. Others
- 15. Conclusion
- 16. List of Abbreviations
- 17. Reference Links
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