How big is the Real Time Location System Market?

The Real Time Location System Market size is expected to reach USD 5.73 billion in 2024 and grow at a CAGR of 24.60% to reach USD 17.19 billion by 2029. Read More

What is the current Real Time Location System Market size?

In 2024, the Real Time Location System Market size is expected to reach USD 5.73 billion. Read More

Who are the key players in Real Time Location System Market?

Zebra Technologies Corporation, Ubisense Group PLC, AeroScout, Inc., TeleTracking Technologies, Inc. and Savi Technology are the major companies operating in the Real Time Location System Market. Read More

Which is the fastest growing region in Real Time Location System Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Real Time Location System Market?

In 2024, the North America accounts for the largest market share in Real Time Location System Market. Read More

What years does this Real Time Location System Market cover, and what was the market size in 2023?

In 2023, the Real Time Location System Market size was estimated at USD 4.32 billion. The report covers the Real Time Location System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Real Time Location System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Real Time Location System Market - Size, Growth & Industry Forecast

Real Time Location System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Real-Time Location Systems(RTLS) Market is Segmented by End-User Vertical (healthcare, Manufacturing, Retail, Transportation and Logistics, Government and Defense, Oil, and Gas), Component (hardware, and Software and Services), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Real Time Location System Industry Overview

The real-time location system market is highly fragmented. The major players include Zebra Technologies Corporation, Ubisense Group PLC, AeroScout Inc. (Stanley Healthcare), TeleTracking Technologies Inc., and Savi Technology. The companies see tremendous opportunities in developing regions, thus strategizing their operations accordingly with mergers and acquisitions or product innovations. Some of the key developments in the market are:

April 2023 - Sewio, a UWB-based real-time location system vendor, disclosed the release of real-time lStudio version 3.1, which introduces Trackables. This feature paves the way to an interoperable, scalable, reasonable location market. Trackables allow the virtualization of tags, providing a faster, easier, and more efficient method for mirroring real-world shop floor operations.