Global Real Time Location System (RTLS) Market

Market Insights

• The Real-Time Location System (RTLS) market is a rapidly evolving marketplace that provides real-time monitoring and tracking solutions for various industries’ assets, people, and items.
• It enables companies to enhance operational efficiency, enhance productivity, ensure workplace safety and security, and streamline methods through accurate and reliable regional data.
• RTLS technology utilizes different hardware components, which include tags or badges, readers or sensors, and software platforms to track and monitor assets or people in real time.
• The market is witnessing an extensive growth due to the growing demand for asset monitoring and management solutions throughout industries, IoT and connected devices adoption, and advancements in RTLS technologies.

Executive Summary

Market Definition

The Real-Time Location System (RTLS) marketplace is experiencing sizable growth globally, driven by various factors along with the growing demand for asset monitoring and management solutions, the growing adoption of the Internet of Things (IoT) and connected devices, and the need for more suitable operational efficiency and productiveness across industries.

The RTLS marketplace is characterized by the dominance of the hardware segment, with Ultra-Wideband (UWB) technology emerging as the most prominent technology. North America leads the marketplace, accompanied by other regions, including Europe, Asia Pacific, and Latin America.

The transportation & logistics sector is witnessing significant growth, and RTLS is increasingly deployed for real-time monitoring and supply chain optimization. However, the market faces high setup charges, privacy concerns, integration complexities, and safety vulnerabilities.

Nonetheless, integrating RTLS with different technologies, adopting emerging industries, and improving cost-effective solutions provide promising possibilities for market growth.

Market Overview

The Real-Time Location System (RTLS) marketplace is experiencing significant growth, with a projected revenue of USD 15,984.67 million by 2030, growing at a CAGR of 16.49% from 2023 to 2030. The market is driven by the hardware segment, which holds the most important proportion of over 30%.

The hardware components include tags or badges, readers or sensors, and other helping infrastructure. These components are important for tracking belongings or people in real-time accurately and reliably.

Among the numerous technologies utilized in RTLS, Ultra-Wideband (UWB) technology is the most distinguished. UWB technology presents high-precision location tracking with improved accuracy, range, and battery life.

It enables companies to track and monitor assets or individuals in complex and dynamic environments, making it suitable for healthcare, production, transportation & logistics, and retail industries.

Geographically, North America is the biggest local market for RTLS, accounting for a giant share of the worldwide marketplace. Factors such as excessive adoption of advanced technology, the presence of main marketplace players, and the need for efficient asset tracking and management solutions drive the region.

Europe, Asia Pacific, and Latin America are also witnessing enormous growth inside the RTLS marketplace, driven by the increasing adoption of IoT and connected gadgets across industries.

Key Highlights of the Report

The Real-Time Location System (RTLS) marketplace is expected to attain revenue of USD 15,984.67 million through 2030, developing at a CAGR of 16.49% from 2023 to 2030. The hardware section holds the largest proportion, accounting for over 30% of the market. Ultra-Wideband (UWB) technology is the most prominent within the RTLS marketplace.

North America is the most important regional marketplace for RTLS, driven by the excessive adoption of advanced technologies and the presence of foremost market players. Transportation & Logistics is one of the main market segments, fueled by the need for real-time tracking and supply chain optimization.

What Are the Main Drivers of the Real Time Location System (RTLS) Market?

The main drivers of the Real Time Location System (RTLS) Market include the increasing demand for asset-tracking and management solutions across industries, growing adoption of IoT and connected devices for real-time monitoring and management, enhanced operational efficiency and productivity in industries such as healthcare, manufacturing, and logistics, rising focus on workplace safety and security, advancements in RTLS technologies, and government rules and compliance necessities.

What Are The Major Challenges Faced By the Real Time Location System (RTLS) Market?

The major challenges faced by the Real Time Location System (RTLS) Market include the high initial setup and deployment costs, privacy concerns related to tracking and monitoring, integration challenges with existing IT infrastructure and systems, limited interoperability and standardization across different RTLS technologies, complexities in deployment and calibration of RTLS systems, and security vulnerabilities and risks associated with wireless communication.

What Are The Growth Opportunities In the Real Time Location System (RTLS) Market?

The growth opportunities in the Real Time Location System (RTLS) Market include the integration of RTLS with other technologies, adoption of RTLS in emerging industries, growing demand for RTLS in healthcare, expansion of e-commerce and omni-channel retail, development of low-power and cost-effective RTLS solutions, and the increasing use of RTLS in transportation and logistics.

Increasing Demand for Asset Tracking and Management Solutions across Industries

Organizations throughout various sectors, together with healthcare, manufacturing, transportation & logistics, and retail, increasingly understand the need for real-time asset tracking and management solutions. RTLS offers accurate and real-time location data, enabling corporations to optimize operations, reduce costs, and enhance asset utilization.

Growing Adoption of IoT and Connected Devices for Real-Time Monitoring and Management

The proliferation of IoT devices and connected technologies has created opportunities for implementing RTLS solutions. Integrating RTLS with IoT systems permits corporations to leverage real-time data for better decision-making, predictive maintenance, and more suitable operational performance.

Enhanced Operational Efficiency and Productivity in Industries Such As Healthcare, Manufacturing, and Logistics

RTLS enhances operational performance and productiveness in industries dependent on asset monitoring and management. For instance, RTLS helps track medical equipment; monitor patient flow, and enhance staff management, leading to higher patient care and resource utilization.

Rising Focus on Workplace Safety and Security

With a growing emphasis on workplace safety and security, companies are adopting RTLS solutions to track the movement of employees and assets inside their premises. RTLS allows real-time tracking, emergency response management, and access control and ensures more secure work surroundings.

Advancements in RTLS Technologies

The continuous advancements in RTLS technologies, improved accuracy, variety, and battery existence, drive marketplace growth. These improvements make RTLS more dependable, cost-effective, and relevant in diverse industries and environments.

Government Rules and Compliance Necessities

Government guidelines and compliance necessities in sectors like healthcare and transportation drive the adoption of RTLS solutions. For example, within the healthcare sector, policies along with the U.S. FDA’s Unique Device Identification (UDI) rule and the EU Medical Device Regulation (MDR) mandate the use of RTLS for monitoring medical equipment, ensuring patient Safety, and streamlining supply chain operations.

High Initial Setup and Deployment Costs

The initial setup and deployment costs of RTLS solutions can be substantial, especially for large-scale implementations. The costs related to hardware, software, infrastructure, and integration with current systems can pose a widespread barrier for organizations considering the adoption of RTLS.

Privacy Concerns Related To Tracking and Monitoring

The monitoring and tracking of individuals or assets raise privacy concerns in a few applications. Organizations have to ensure appropriate measures are in place to cope with those issues, including acquiring consent, anonymizing statistics, and enforcing secure data storage and transmission protocols.

Integration Challenges with Existing IT Infrastructure and Systems

Integrating RTLS solutions with present IT infrastructure and systems can be complicated and challenging. It requires seamless integration with employer resource planning (ERP), warehouse management systems (WMS), and other present software systems. Compatibility issues and the need for personalization can similarly complicate the integration process.

Limited Interoperability and Standardization across Different RTLS Technologies

The lack of interoperability and standardization amongst different RTLS technologies can prevent extensive adoption. Organizations may additionally face compatibility troubles while deploying multiple RTLS solutions from different providers, leading to fragmentation and inefficiencies.

Complexities in Deployment and Calibration of RTLS Systems

Deploying and calibrating RTLS systems can be complicated, mainly in large and dynamic environments. Factors consisting of sign interference, environmental conditions, and the need for calibration for accurate location tracking can pose challenges for the duration of the implementation phase.

Security Vulnerabilities and Risks Associated with Wireless Communication

RTLS solutions depend upon wireless communication protocols such as Wi-Fi, Bluetooth, or UWB, which may be vulnerable to security threats. Organizations ought to implement sturdy safety features to protect sensitive location information and ensure the integrity and confidentiality of communication channels.

Integration of RTLS with Other Technologies

Integrating RTLS with advanced technologies, which include artificial intelligence (AI), machine learning (ML), and cloud computing, opens up new possibilities for advanced analytics and insights. By combining RTLS data with AI and ML algorithms, companies can derive actionable insights, predict developments, and optimize operations.

Adoption of RTLS in Emerging Industries

RTLS is finding applications in emerging industries such as sports, and entertainment for crowd management and asset tracking. In sports stadiums and arenas, RTLS can assist in managing crowd flow, enhance security, and improve fan enjoyment. Similarly, within the entertainment enterprise, RTLS can assist in monitoring systems, managing staff, and optimizing logistics.

Growing Demand for RTLS in Healthcare

The healthcare sector offers considerable growth capacity for RTLS solutions. RTLS is being increasingly adopted for patient monitoring, asset tracking, and staff management, leading to improved patient care, efficient resource utilization, and superior safety measures.

Expansion of E-Commerce and Omni-channel Retail

The growth of e-commerce and omni-channel retail drives the need for efficient inventory and warehouse management. RTLS permits real-time product tracking, inventory stage optimization, and order fulfillment system streamlining, helping organizations meet customer expectations and enhance operational efficiency.

Development of Low-Power and Cost-Effective RTLS Solutions

There is a growing demand for low-power and cost-effective RTLS solutions, particularly amongst small and medium-sized establishments (SMEs). Developing low-cost RTLS solutions that require minimum electricity intake will allow wider adoption across industries and those with financial constraints.

Increasing Use of RTLS in Transportation and Logistics

The transportation and logistics segment leverages RTLS for real-time monitoring, delivery chain optimization, and asset management. RTLS permits businesses to track shipments, monitor vehicle movements, and optimize routes, improving operational performance, lowering costs, and enhancing client satisfaction.

Competitive Landscape

The Real-Time Location System (RTLS) marketplace is pretty competitive, with several key players driving innovation and marketplace growth. These players provide a huge variety of hardware components, software program systems, and integration services to cater to the diverse needs of industries.

Partnerships, collaborations, and acquisitions symbolize the marketplace as businesses strive to expand their product services and geographical presence. Key marketplace players are focused on continuous R&D efforts to increase advanced RTLS technology that offers improved accuracy, longer battery life, and seamless integration capabilities.

The competitive landscape consists of emerging players and startups that convey progressive solutions. These players often specialize in niche applications or develop precise RTLS technology to cope with specific industry requirements.

Some distinguished players inside the RTLS marketplace encompass Stanley Black & Decker, Zebra Technologies Corporation, Honeywell International Inc., Impinj Inc., Ubisense Group PLC, Savi Technology (a subsidiary of FedEx Corporation), and Sonitor Technologies AS, amongst others.

Key Players

The Real Time Location System (RTLS) market is highly competitive, with several key players. Some of the major players in the market and their market share are as follows:

• Stanley Black & Decker, Inc.
• Zebra Technologies Corporation
• CenTrak, Inc.
• Impinj, Inc.
• Ubisense Group PLC
• Decawave Ltd
• AeroScout Industrial (a department of HID Global)
• Siemens AG
• GE Healthcare
• Identec Solutions AG

In addition to these key players, numerous companies, together with Honeywell International Inc., Awarepoint Corporation, Sonitor Technologies, and Cadi Scientific, are active players inside the RTLS marketplace, contributing to the competitive landscape.

Intense competition, technological advancements, and a focus on industry-specific solutions symbolize the competitive landscape within the RTLS marketplace. Key players spend money on research and development to enhance their product services, extend their marketplace presence, and gain a competitive edge.

Strategic partnerships, collaborations, and acquisitions are not unusual strategies that players in this marketplace employ to strengthen their position and expand their product portfolios.

Summary of Key Findings

• The Real-Time Location System (RTLS) market is projected to attain revenue of USD 15,984.67 million by 2030, developing at a CAGR of 16.49% from 2023 to 2030.
• The hardware section holds the most important percentage of over 30%, driven by the demand for tags or badges, readers or sensors, and helping infrastructure.
• Ultra-Wideband (UWB) technology is the most prominent in the RTLS market, offering high-precision location tracking with improved accuracy, range, and battery life.
• North America leads the market, followed by other regions, such as Asia Pacific and Latin America, driven via advanced technology adoption and the need for efficient asset tracking and management.
• The transportation & logistics sector is one of the leading market segments, making the most of real-time monitoring and supply chain optimization enabled with RTLS solutions.

Future Outlook

• The future of the Real-Time Location System (RTLS) marketplace appears promising, with enormous growth opportunities on the horizon.
• The market is expected to grow as industry organizations recognize the significance of accurate and real-time asset tracking and management.
• Integration with different advanced technology, increasing industry adoption, and cost-effective solutions development will further fuel marketplace growth.
• The healthcare sector presents a big growth opportunity for RTLS solutions, driven by the need for patient monitoring, asset tracking, and staff management.
• The emergence of e-commerce and omni-channel retail will drive the demand for RTLS in inventory and warehouse management.
• Additionally, integrating RTLS with AI, ML, and cloud computing will allow advanced analytics and insights, leading to more informed decision-making and optimized operations.
• As the RTLS market evolves, industry players should be aware of addressing integration, standardization, privacy, and security-challenges.
• Continuous innovation, partnerships, and strategic acquisitions might be critical in retaining a competitive edge in this rapidly developing marketplace.
• Organizations can leverage RTLS to transform their operations, improve performance, and gain higher enterprise outcomes with the proper techniques and solutions.

Segmentation

By Price Range

• Low
• Medium
• High

By Region

• North America
• US.
• Canada
• Mexico

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• South-east Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of Middle East and Africa

CHAPTER NO. 1 : INTRODUCTION 18
1.1. Report Description 18
1.1.1. Purpose of the Report 18
1.1.2. USP & Key Offerings 18
1.2. Key Benefits for Stakeholders 18
1.3. Target Audience 19
1.4. Report Scope 19

CHAPTER NO. 2 : EXECUTIVE SUMMARY 23
2.1. Real Time Location System (RTLS) Market Snapshot 23
2.2. Global Real Time Location System (RTLS) Market, 2017 – 2030 (USD Million) 25
2.1. Insights from Primary Respondents 25

CHAPTER NO. 3 : COVID 19 IMPACT ANALYSIS 26
3.1. Impact Assessment of COVID-19 Pandemic, By Region 26

CHAPTER NO. 4 : REAL TIME LOCATION SYSTEM (RTLS) MARKET – INDUSTRY ANALYSIS 27
4.1. Introduction 27
4.2. Market Drivers 28
4.2.1. Increasing demand for asset tracking and management solutions across various industries 28
4.2.2. Growing adoption of IoT and connected devices for real-time monitoring and control 29
4.3. Market Restraints 29
4.3.1. Restraining Factor Analysis 29
4.4. Market Opportunities 30
4.4.1. Market Opportunity Analysis 30
4.5. Porter’s Five Forces Analysis 30
4.6. Value Chain Analysis 31

CHAPTER NO. 5 : KEY INVESTMENT POCKETS ANALYSIS 32
5.1. Top Investment Pockets 32
5.1.1.1. Real Time Location System (RTLS) Market Attractiveness Analysis, By Component 32
5.1.1.2. Real Time Location System (RTLS) Market Attractiveness Analysis, By Application 32
5.1.1.3. Real Time Location System (RTLS) Market Attractiveness Analysis, By End-user 33
5.2. Product Life Cycle Analysis 34
5.3. Incremental Revenue Growth Opportunity, 2023 – 2030 35
5.3.1. Component 35
5.3.2. Application 35
5.3.3. End-user 36
5.3.4. Technology 36

CHAPTER NO. 6 : MARKET POSITIONING OF KEY PLAYERS 37
6.1. Company Market Share Analysis –2020 and 2022 37
6.1.1. Global Real Time Location System (RTLS) Market: Company Market Share, 2022 37
6.1.2. Global Real Time Location System (RTLS) Market: Company Market Share, 2022 37
6.1. Global Real Time Location System (RTLS) Market Company Revenue Market Share, 2022 38
6.2. Global Real Time Location System (RTLS) Market Company Revenue Market Share, 2022 39
6.3. Market Position of Key Players 2022 40
6.3.1. Market Position of Key Players, 2022 40
6.4. Strategic Developments 41
6.4.1. Acquisitions & Mergers 41
6.4.2. New Product Launch 41
6.4.3. Regional Expansion 41

CHAPTER NO. 7 : REAL TIME LOCATION SYSTEM (RTLS) MARKET – BY COMPONENT SEGMENT ANALYSIS 42
7.1. Real Time Location System (RTLS) Market Overview, by Component Segment 42
7.1.1. Global Real Time Location System (RTLS) Market Revenue Share, By Component, 2022 & 2030 43
7.2. Hardware 44
7.2.1. Global Hardware Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 44
7.3. Software 45
7.3.1. Global Hardware Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 45
7.4. Consulting 46
7.4.1. Global Consulting Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 46
7.5. Services 47
7.5.1. Global Services Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 47
7.6. Others 48
7.6.1. Global Others Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 48

CHAPTER NO. 8 : REAL TIME LOCATION SYSTEM (RTLS) MARKET – BY APPLICATION SEGMENT ANALYSIS 49
8.1. Real Time Location System (RTLS) Market Overview, by Application Segment 49
8.1.1. Global Real Time Location System (RTLS) Market Revenue Share, By Application, 2022 & 2030 50
8.2. Healthcare 51
8.2.1. Global Real Time Location System (RTLS) for Healthcare Market Revenue, By Region, 2017 – 2022 (USD Million) 51
8.3. Manufacturing & Automotive 52
8.3.1. Global Real Time Location System (RTLS) for Manufacturing & Automotive Market Revenue, By Region, 2017 – 2022 (USD Million) 52
8.4. Retail 53
8.4.1. Global Real Time Location System (RTLS) for Retail Market Revenue, By Region, 2017 – 2022 (USD Million) 53
8.5. Transportation & Logistics 54
8.5.1. Global Real Time Location System (RTLS) for Transportation & Logistics Market Revenue, By Region, 2017 – 2022 (USD Million) 54
8.6. Others (Sports & Entertainment, Government & Defense, etc.) 55
8.6.1. Global Real Time Location System (RTLS) for Others (Sports & Entertainment, Government & Defense, etc.) Market Revenue, By Region, 2017 – 2022 (USD Million) 55

CHAPTER NO. 9 : REAL TIME LOCATION SYSTEM (RTLS) MARKET – BY END-USER SEGMENT ANALYSIS 56
9.1. Real Time Location System (RTLS) Market Overview, by End-user Segment 56
9.1.1. Global Real Time Location System (RTLS) Market Revenue Share, By End-user, 2022 & 2030 57
9.2. RFID 58
9.2.1. Global RFID Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 58
9.3. Wi-Fi 59
9.3.1. Global Wi-Fi Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 59
9.4. Ultra-Wideband (UWB) 60
9.4.1. Global Ultra-Wideband (UWB) Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 60
9.5. Bluetooth Low Energy (BLE) 61
9.5.1. Global Bluetooth Low Energy (BLE) Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 61
9.6. Others (Infrared (IR), GPS, etc.) 62
9.6.1. Global Others (Infrared (IR), GPS, etc.) Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 62

CHAPTER NO. 10 : REAL TIME LOCATION SYSTEM (RTLS) MARKET – REGIONAL ANALYSIS 63
10.1. Real Time Location System (RTLS) Market Overview, by Region Segment 63
10.1.1. Global Real Time Location System (RTLS) Market Revenue Share, By Region, 2022 & 2030 64
10.1.2. Global Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 65
10.1.3. Global Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 66
10.1.4. Global Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 67
10.1.5. Global Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 68
10.1.6. Global Real Time Location System (RTLS) Market Revenue, By Technology, 2017 – 2022 (USD Million) 69
10.2. North America 70
10.2.1. North America Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 71
10.2.2. North America Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 72
10.2.3. North America Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 73
10.2.4. North America Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 74
10.2.5. U.S. 75
10.2.6. Canada 75
10.2.7. Mexico 75
10.3. Europe 76
10.3.1. Europe Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 77
10.3.2. Europe Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 78
10.3.3. Europe Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 79
10.3.4. Europe Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 80
10.3.5. UK 81
10.3.6. France 81
10.3.7. Germany 81
10.3.8. Italy 81
10.3.9. Spain 81
10.3.10. Russia 81
10.3.11. BENELUX 81
10.3.12. Sweden 81
10.3.13. Denmark 81
10.3.14. Poland 81
10.3.15. Austria 81
10.3.16. Rest of Europe 81
10.4. Asia Pacific 82
10.4.1. Asia Pacific Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 83
10.4.2. Asia Pacific Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 84
10.4.3. Asia Pacific Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 85
10.4.4. Asia Pacific Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 86
10.4.5. China 87
10.4.6. Japan 87
10.4.7. South Korea 87
10.4.8. India 87
10.4.9. Thailand 87
10.4.10. Indonesia 87
10.4.11. Vietnam 87
10.4.12. Malaysia 87
10.4.13. Philippines 87
10.4.14. Taiwan 87
10.4.15. Rest of Asia Pacific 87
10.5. Latin America 88
10.5.1. Latin America Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 89
10.5.2. Latin America Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 90
10.5.3. Latin America Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 91
10.5.4. Latin America Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 92
10.5.5. Brazil 93
10.5.6. Argentina 93
10.5.7. Colombia 93
10.5.8. Chile 93
10.5.9. Peru 93
10.5.10. Rest of Latin America 93
10.6. The Middle-East 94
10.6.1. Middle East Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 95
10.6.2. Middle East Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 96
10.6.3. Middle East Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 97
10.6.4. Middle East Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 98
10.6.5. GCC Countries 99
10.6.6. Israel 99
10.6.7. Turkey 99
10.6.8. Iran 99
10.6.9. Rest of Middle East & Africa 99
10.7. Africa 100
10.7.1. Africa Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 101
10.7.2. Africa Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 102
10.7.3. Africa Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 103
10.7.4. Africa Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 104
10.7.5. South Africa 105
10.7.6. Egypt 105
10.7.7. Nigeria 105
10.7.8. Algeria 105
10.7.9. Morocco 105
10.7.10. Rest of Africa 105

CHAPTER NO. 11 : COMPANY PROFILES 106
11.1. Zebra Technologies Corporation 106
11.1.1. Company Overview 106
11.1.2. Product Portfolio 106
11.1.3. Financial Overview 106
11.2. Stanley Black & Decker, Inc. 107
11.3. Honeywell International Inc. 107
11.4. Impinj, Inc. 107
11.5. CenTrak, Inc. 107
11.6. Decawave Ltd. 107
11.7. Ubisense Group PLC 107
11.8. Siemens AG 107
11.9. Redpine Signals, Inc. 107
11.10. Awarepoint Corporation 107
11.11. AeroScout Industrial (Stanley Healthcare) 107
11.12. GE Healthcare 107
11.13. Savi Technology, Inc. 107
11.14. TeleTracking Technologies, Inc. 107

CHAPTER NO. 12 : RESEARCH METHODOLOGY 108
12.1. Research Methodology 108
12.2. Phase I – Secondary Research 109
12.3. Phase II – Data Modeling 109
12.3.1. Company Share Analysis Model 110
12.3.2. Revenue Based Modeling 110
12.4. Phase III – Primary Research 111
12.5. Research Limitations 112
12.5.1. Assumptions 112

List of Figures
FIG NO. 1. Global Real Time Location System (RTLS) Market Revenue, 2017 – 2030 (USD Million) 25
FIG NO. 2. Porter’s Five Forces Analysis for Global Real Time Location System (RTLS) Market 30
FIG NO. 3. Value Chain Analysis for Global Real Time Location System (RTLS) Market 31
FIG NO. 4. Market Attractiveness Analysis, By Component 32
FIG NO. 5. Market Attractiveness Analysis, By Application 32
FIG NO. 6. Market Attractiveness Analysis, By End-user 33
FIG NO. 7. Product Life Cycle Analysis 34
FIG NO. 8. Incremental Revenue Growth Opportunity by Component 35
FIG NO. 9. Incremental Revenue Growth Opportunity by Application 35
FIG NO. 10. Incremental Revenue Growth Opportunity by End-user 36
FIG NO. 11. Incremental Revenue Growth Opportunity by Technology 36
FIG NO. 12. Company Share Analysis, 2020 37
FIG NO. 13. Company Share Analysis, 2022 37
FIG NO. 14. Real Time Location System (RTLS) Market – Company Revenue Market Share, 2022 38
FIG NO. 15. Real Time Location System (RTLS) Market – Company Revenue Market Share, 2022 39
FIG NO. 16. Market Position of Key Players, 2022 40
FIG NO. 17. Global Real Time Location System (RTLS) Market Revenue Share, By Component, 2022 & 2030 43
FIG NO. 18. Global Real Time Location System (RTLS) Market for Hardware, Revenue (USD Million) 2017 – 2030 44
FIG NO. 19. Global Real Time Location System (RTLS) Market for Software, Revenue (USD Million) 2017 – 2030 45
FIG NO. 20. Global Real Time Location System (RTLS) Market for Consulting, Revenue (USD Million) 2017 – 2030 46
FIG NO. 21. Global Real Time Location System (RTLS) Market for Services, Revenue (USD Million) 2017 – 2030 47
FIG NO. 22. Global Real Time Location System (RTLS) Market for Others, Revenue (USD Million) 2017 – 2030 48
FIG NO. 23. Global Real Time Location System (RTLS) Market Revenue Share, By Application, 2022 & 2030 50
FIG NO. 24. Global Real Time Location System (RTLS) Market for Healthcare, Revenue (USD Million) 2017 – 2030 51
FIG NO. 25. Global Real Time Location System (RTLS) Market for Manufacturing & Automotive, Revenue (USD Million) 2017 – 2030 52
FIG NO. 26. Global Real Time Location System (RTLS) Market for Retail, Revenue (USD Million) 2017 – 2030 53
FIG NO. 27. Global Real Time Location System (RTLS) Market for Transportation & Logistics, Revenue (USD Million) 2017 – 2030 54
FIG NO. 28. Global Real Time Location System (RTLS) Market for Others (Sports & Entertainment, Government & Defense, etc.), Revenue (USD Million) 2017 – 2030 55
FIG NO. 29. Global Real Time Location System (RTLS) Market Revenue Share, By End-user, 2022 & 2030 57
FIG NO. 30. Global Real Time Location System (RTLS) Market for RFID, Revenue (USD Million) 2017 – 2030 58
FIG NO. 31. Global Real Time Location System (RTLS) Market for Wi-Fi, Revenue (USD Million) 2017 – 2030 59
FIG NO. 32. Global Real Time Location System (RTLS) Market for Ultra-Wideband (UWB), Revenue (USD Million) 2017 – 2030 60
FIG NO. 33. Global Real Time Location System (RTLS) Market for Bluetooth Low Energy (BLE), Revenue (USD Million) 2017 – 2030 61
FIG NO. 34. Global Real Time Location System (RTLS) Market for Others (Infrared (IR), GPS, etc.), Revenue (USD Million) 2017 – 2030 62
FIG NO. 35. Global Real Time Location System (RTLS) Market Revenue Share, By Region, 2022 & 2030 64
FIG NO. 36. North America Real Time Location System (RTLS) Market Revenue, 2017 – 2022 (USD Million) 70
FIG NO. 37. Europe Real Time Location System (RTLS) Market Revenue, 2017 – 2022 (USD Million) 76
FIG NO. 38. Asia Pacific Real Time Location System (RTLS) Market Revenue, 2017 – 2022 (USD Million) 82
FIG NO. 39. Latin America Real Time Location System (RTLS) Market Revenue, 2017 – 2022 (USD Million) 88
FIG NO. 40. The Middle-East Real Time Location System (RTLS) Market Revenue, 2017 – 2022 (USD Million) 94
FIG NO. 41. Africa Real Time Location System (RTLS) Market Revenue, 2017 – 2022 (USD Million) 100
FIG NO. 42. Research Methodology – Detailed View 108
FIG NO. 43. Research Methodology 109

List of Tables
TABLE NO. 1. : Global Real Time Location System (RTLS) Market: Snapshot 20
TABLE NO. 2. : Drivers for the Real Time Location System (RTLS) Market: Impact Analysis 25
TABLE NO. 3. : Restraints for the Real Time Location System (RTLS) Market: Impact Analysis 26
TABLE NO. 4. : Global Hardware Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 41
TABLE NO. 5. : Global Hardware Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 41
TABLE NO. 6. : Global Hardware Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 42
TABLE NO. 7. : Global Hardware Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 42
TABLE NO. 8. : Global Consulting Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 43
TABLE NO. 9. : Global Consulting Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 43
TABLE NO. 10. : Global Services Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 44
TABLE NO. 11. : Global Services Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 44
TABLE NO. 12. : Global Others Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 45
TABLE NO. 13. : Global Others Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 45
TABLE NO. 14. : Global Real Time Location System (RTLS) for Healthcare Market Revenue, By Region, 2017 – 2022 (USD Million) 48
TABLE NO. 15. : Global Real Time Location System (RTLS) for Healthcare Market Revenue, By Region, 2023– 2030 (USD Million) 48
TABLE NO. 16. : Global Real Time Location System (RTLS) for Manufacturing & Automotive Market Revenue, By Region, 2017 – 2022 (USD Million) 49
TABLE NO. 17. : Global Real Time Location System (RTLS) for Manufacturing & Automotive Market Revenue, By Region, 2023– 2030 (USD Million) 49
TABLE NO. 18. : Global Real Time Location System (RTLS) for Retail Market Revenue, By Region, 2017 – 2022 (USD Million) 50
TABLE NO. 19. : Global Real Time Location System (RTLS) for Retail Market Revenue, By Region, 2023– 2030 (USD Million) 50
TABLE NO. 20. : Global Real Time Location System (RTLS) for Transportation & Logistics Market Revenue, By Region, 2017 – 2022 (USD Million) 51
TABLE NO. 21. : Global Real Time Location System (RTLS) for Transportation & Logistics Market Revenue, By Region, 2023– 2030 (USD Million) 51
TABLE NO. 22. : Global Real Time Location System (RTLS) for Others (Sports & Entertainment, Government & Defense, etc.) Market Revenue, By Region, 2017 – 2022 (USD Million) 52
TABLE NO. 23. : Global Real Time Location System (RTLS) for Others (Sports & Entertainment, Government & Defense, etc.) Market Revenue, By Region, 2023– 2030 (USD Million) 52
TABLE NO. 24. : Global RFID Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 55
TABLE NO. 25. : Global RFID Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 55
TABLE NO. 26. : Global Wi-Fi Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 56
TABLE NO. 27. : Global Wi-Fi Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 56
TABLE NO. 28. : Global Ultra-Wideband (UWB) Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 57
TABLE NO. 29. : Global Ultra-Wideband (UWB) Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 57
TABLE NO. 30. : Global Bluetooth Low Energy (BLE) Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 58
TABLE NO. 31. : Global Bluetooth Low Energy (BLE) Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 58
TABLE NO. 32. : Global Others (Infrared (IR), GPS, etc.) Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 59
TABLE NO. 33. : Global Others (Infrared (IR), GPS, etc.) Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 59
TABLE NO. 34. : Global Real Time Location System (RTLS) Market Revenue, By Region, 2017 – 2022 (USD Million) 62
TABLE NO. 35. : Global Real Time Location System (RTLS) Market Revenue, By Region, 2023– 2030 (USD Million) 62
TABLE NO. 36. : Global Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 63
TABLE NO. 37. : Global Real Time Location System (RTLS) Market Revenue, By Component, 2023– 2030 (USD Million) 63
TABLE NO. 38. : Global Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 64
TABLE NO. 39. : Global Real Time Location System (RTLS) Market Revenue, By Application, 2023– 2030 (USD Million) 64
TABLE NO. 40. : Global Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 65
TABLE NO. 41. : Global Real Time Location System (RTLS) Market Revenue, By End-user, 2023– 2030 (USD Million) 65
TABLE NO. 42. : Global Real Time Location System (RTLS) Market Revenue, By Technology, 2017 – 2022 (USD Million) 66
TABLE NO. 43. : Global Real Time Location System (RTLS) Market Revenue, By Technology, 2023– 2030 (USD Million) 66
TABLE NO. 44. : North America Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 68
TABLE NO. 45. : North America Real Time Location System (RTLS) Market Revenue, By Country, 2023– 2030 (USD Million) 68
TABLE NO. 46. : North America Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 69
TABLE NO. 47. : North America Real Time Location System (RTLS) Market Revenue, By Component, 2023– 2030 (USD Million) 69
TABLE NO. 48. : North America Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 70
TABLE NO. 49. : North America Real Time Location System (RTLS) Market Revenue, By Application, 2023– 2030 (USD Million) 70
TABLE NO. 50. : North America Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 71
TABLE NO. 51. : North America Real Time Location System (RTLS) Market Revenue, By End-user, 2023– 2030 (USD Million) 71
TABLE NO. 52. : Europe Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 74
TABLE NO. 53. : Europe Real Time Location System (RTLS) Market Revenue, By Country, 2023– 2030 (USD Million) 74
TABLE NO. 54. : Europe Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 75
TABLE NO. 55. : Europe Real Time Location System (RTLS) Market Revenue, By Component, 2023– 2030 (USD Million) 75
TABLE NO. 56. : Europe Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 76
TABLE NO. 57. : Europe Real Time Location System (RTLS) Market Revenue, By Application, 2023– 2030 (USD Million) 76
TABLE NO. 58. : Europe Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 77
TABLE NO. 59. : Europe Real Time Location System (RTLS) Market Revenue, By End-user, 2023– 2030 (USD Million) 77
TABLE NO. 60. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 80
TABLE NO. 61. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By Country, 2023– 2030 (USD Million) 80
TABLE NO. 62. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 81
TABLE NO. 63. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By Component, 2023– 2030 (USD Million) 81
TABLE NO. 64. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 82
TABLE NO. 65. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By Application, 2023– 2030 (USD Million) 82
TABLE NO. 66. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 83
TABLE NO. 67. : Asia Pacific Real Time Location System (RTLS) Market Revenue, By End-user, 2023– 2030 (USD Million) 83
TABLE NO. 68. : Latin America Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 86
TABLE NO. 69. : Latin America Real Time Location System (RTLS) Market Revenue, By Country, 2023– 2030 (USD Million) 86
TABLE NO. 70. : Latin America Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 87
TABLE NO. 71. : Latin America Real Time Location System (RTLS) Market Revenue, By Component, 2023– 2030 (USD Million) 87
TABLE NO. 72. : Latin America Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 88
TABLE NO. 73. : Latin America Real Time Location System (RTLS) Market Revenue, By Application, 2023– 2030 (USD Million) 88
TABLE NO. 74. : Latin America Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 89
TABLE NO. 75. : Latin America Real Time Location System (RTLS) Market Revenue, By End-user, 2023– 2030 (USD Million) 89
TABLE NO. 76. : Middle East Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 92
TABLE NO. 77. : Middle East Real Time Location System (RTLS) Market Revenue, By Country, 2023– 2030 (USD Million) 92
TABLE NO. 78. : Middle East Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 93
TABLE NO. 79. : Middle East Real Time Location System (RTLS) Market Revenue, By Component, 2023– 2030 (USD Million) 93
TABLE NO. 80. : Middle East Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 94
TABLE NO. 81. : Middle East Real Time Location System (RTLS) Market Revenue, By Application, 2023– 2030 (USD Million) 94
TABLE NO. 82. : Middle East Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 95
TABLE NO. 83. : Middle East Real Time Location System (RTLS) Market Revenue, By End-user, 2023– 2030 (USD Million) 95
TABLE NO. 84. : Africa Real Time Location System (RTLS) Market Revenue, By Country, 2017 – 2022 (USD Million) 98
TABLE NO. 85. : Africa Real Time Location System (RTLS) Market Revenue, By Country, 2023– 2030 (USD Million) 98
TABLE NO. 86. : Africa Real Time Location System (RTLS) Market Revenue, By Component, 2017 – 2022 (USD Million) 99
TABLE NO. 87. : Africa Real Time Location System (RTLS) Market Revenue, By Component, 2023– 2030 (USD Million) 99
TABLE NO. 88. : Africa Real Time Location System (RTLS) Market Revenue, By Application, 2017 – 2022 (USD Million) 100
TABLE NO. 89. : Africa Real Time Location System (RTLS) Market Revenue, By Application, 2023– 2030 (USD Million) 100
TABLE NO. 90. : Africa Real Time Location System (RTLS) Market Revenue, By End-user, 2017 – 2022 (USD Million) 101
TABLE NO. 91. : Africa Real Time Location System (RTLS) Market Revenue, By End-user, 2023– 2030 (USD Million) 101