Real-Time Location Information System (RTLS) Market

Real-Time Location Information System (RTLS) Market Size Survey Report – In a Glance

As per the survey report on global Real-time location information system market, the market is projected to foresee a CAGR of 25.7% between 2024-2033, and further generate a market size of USD 36.7 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 5.8 billion revenue.

• The global Real-time location information system market is projected to grow on account of the increased application in healthcare.
• In Japan, the Real-time location information system market growth can be attributed to the growing adoption of industry 4.0 principles.
• KDMI analyst’s growth analysis foresees interoperability problems because of absence of standardization to challenge the market growth.
• Asia Pacific, having the highest market share in the Real-time location information system market, is projected to dominate the global market.

Real-Time Location Information System (RTLS) Market Analysis

A real-time location information system uses software, hardware and communication technologies to record and recognize the exact location of people or things in real-time, basically within a restrained area such as a building or a specified outdoor ambience. The technology has several applications such as in healthcare for equipment and patient tracking. RTLS “LLC”, a Russian organization, screens people’s and object’s locations with high accuracy by providing software and hardware technologies. “LLC” structures these systems with higher stability and reliability. In a similar field, RTLS “LLC” structured a survivable and high-performance system to ascertain the location of objects and people in real-time and work during the breakdown of individual elements or during power outages. An American Emergency Center used RTLS to enhance its performance in patient care. An admitted patient is provided with an RFID tag, which visualizes patient flow and recognizes the position of medical equipment and patients. Ekahau, Inc., Ubisense Group PLC and TeleTracking Technologies, Inc. are some of the significant parties in the global market for Real-time location information systems.

Analyst’s Observation on Japan Real-Time Location Information System (RTLS) Market Survey

The increasing adoption of industry 4.0 principles is the significant growth driver of the Japanese real time location information system market. In the time of industry 4.0, explained by seamless incorporation of big data, AI and IoT analytics, RTLS rises as a main player. The rise of industry 4.0 has caused the advancement of new technologies such as AI enabled robots and collaborative robots. The factory automation and industrial controls market in Japan is anticipated to increase at a stable rate of 11.20 per cent during the subsequent next years. According to a 2020 report by IFR, the region is anticipated to have about 49.9 thousand industrial robots installed every year, which is 2nd to China. The impact of RTLS is transformative and vast across several industries as it transforms probable chaos into streamlined safety and efficiency. By incorporating with other industries 4.0 technologies, many relating AI software, RTLS converts these industries into models of safety and effectiveness, adjusting to the rapidly maturing demands of the worldwide market. Avalue and SilenceNet are some of the significant parties in the Japanese market for Real-time location information systems.

Real-Time Location Information System (RTLS) Market Growth Driver

Increasing application of smartphone and mobile gaming:

Assembling detailed player information and recording people as they shift are some ways RTLS systems are being used to aid teams. Trilho Verde is a mobile location-based application structured for support learning in the segment of field trips. Further, according to the real-time location system market prediction, the growing demand for mobile or smartphones propels the growth of the RTLS market size. Around half of the worldwide population which equates to 4.3 billion people has a smartphone. The smartphone numbers in the application are expanding at a yearly rate of 2.5 per cent equating to 177 million new smartphones coming into the picture in the past 12 months. Smartphones are used for emergency management and incident response due to the real-time location system innovation, which is applied to find out people’s and object’s destinations in real time.

Real-Time Location Information System (RTLS) Market Segmentation

Our experts at KD Market Insights have segmented the global Real-time location information system market research report as:

Real-Time Location Information System (RTLS) Market Regional Synopsis

Asia Pacific dominates the Real-time location information system market due to the booming manufacturing industry. To alter and advance its manufacturing sector, the country recently introduced “Made in China 2025” in the form of its national strategy. The application of RTLS improves safety in manufacturing sectors by tracking asset and employee movements to recognize and mitigate probable safety hazards proactively. Further, to avoid accidents on construction sites, RTLS is used to closely track the movements and locations of machinery and workers. Collision among equipment because of unawareness of accurate locations and RTLS application is used for creating such awareness. China is a leader in smart city initiatives with the combined application of embedded sensors, cameras and metering devices. The growing smart city construction is one of the significant growth drivers of the real-time location system market size in the Asia Pacific region.

Regional Company Names

• Litum
• BlueoT
• RTLS Planner

Real-Time Location Information System (RTLS) Market Competitive Landscape

Some of the key players who top the global Real-time location information system market share:

• Ekahau, Inc.
• Ubisense Group PLC
• TeleTracking Technologies, Inc
• STANLEY Healthcare
• Zebra Technologies
• Aruba Networks
• Savi Technology
• AeroScout, Inc.
• Awarepoint
• DecaWave

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Real-time location information system Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Component
      2. By Technology
      3. By End-User
      4. By Region
5. Market Segmentation by Component
   1. Hardware
   2. Software
   3. Others
6. Market Segmentation by Technology
   1. RFID
   2. Wi-Fi
   3. Ultra-Wideband
   4. Bluetooth Low Energy
   5. Others
7. Market Segmentation by End-User
   1. Healthcare
   2. Manufacturing
   3. Automotive
   4. Retail
   5. Transportation & Logistics
   6. Others
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Component, Technology and End-User
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. Ekahau, Inc.
      2. Ubisense Group PLC
      3. TeleTracking Technologies, Inc
      4. STANLEY Healthcare
      5. Zebra Technologies
      6. Aruba Networks
      7. Savi Technology
      8. AeroScout, Inc.
      9. Awarepoint
      10. DecaWave
      11. Others
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References