Real-Time Location Systems Market (RTLS) with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), Technology, Vertical (Healthcare, Manufacturing, Retail, Education, Govt., Sports), Application/Use case, Geography- Global Forecast to 2025

2020-09-23
Price :
Published : Sep-2020
No. of Pages : 279

Increasing regulations in various industries to improve safety, work flow, and security drives market growth

The real-time location systems (RTLS) market is expected to grow at a CAGR of 24.8% from 2020 to 2025, to reach USD 10.3 billion by 2025 from USD 3.4 billion in 2020. Availability of cost-effective RTLS solutions;increasing regulations in various industries to improve safety, workflow, and security; and increasing popularity of ultra-wideb and technology-based RTLS solutions are few of the key driving factors for the RTLS market growth. However,concerns regarding data security and privacy, and hindrance in RTLS supply chain due to COVID-19are a few of the factors hindering the growth of the RTLS market.

Healthcare vertical to dominate RTLS market, in terms of size,during the forecast period

The RTLS market for healthcare vertical is expected to hold a dominant position during the forecast period. The leading position of the healthcare vertical can be attributed to the early adoption of RTLS-based solutions for a wide range of applications in healthcare, especially in the US. The need to ensure the safety of patients and security of electronic health records and valuable assets have also resulted in higher demand for RTLS solutions in healthcare.

Inventory/asset tracking & management segment segment to hold the largest share of RTLS market and witness significant growth from 2020 to 2025

In terms of market size, the inventory/asset tracking & management application segment is expected to dominate the RTLS market during the forecast period and is likely to witness significant growth in the said market from 2020 to 2025. RTLS technologies are predominantly used in asset and inventory tracking and management applications in various industries to make better utilization of available resources and reduce wastage of time during operations. Healthcare, manufacturing, automotive, and retail are major verticals that are using RTLS solutions for inventory and asset tracking and management.

APAC to witness the highest growth in the market during the forecast period

APAC is expected to witness the highest growth in the RTLS market during the forecast period. China, Japan, Australia, and South Korea are a few major countries expected to accelerate the growth of the RTLS market in APAC. Healthcare, manufacturing & automotive, and retail are the key verticals in the APAC RTLS market.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with key officials in the RTLS market.

Following is the breakup of the profiles of primary participants for the report.

  • By Company Type: Tier 1 – 35 %, Tier 2 – 45%, and Tier 3 – 20%
  • By Designation: C-Level Executives – 35%, Managers – 25%, and Others – 40%
  • By Region: Americas – 45%, Europe – 20%, APAC – 30%, and RoW – 5%

The report profiles key players in the RTLS market and analyzes their market shares and rankings. Players profiled in this report are Stanley Black & Decker (US), Zebra Technologies (US), Aruba Networks (US), Impinj (US), Savi Technology (US), Tele Tracking Technologies (US), Ubisense (UK), AiRISTA (US), Sonitor Technologies (Norway), Identec Group (Liechtenstein), Alien Technology (US), Decawave (Ireland), Redpine Signals (US), Visible Assets (US), CenTrak (US), Leantegra (US), OpenRTLS (Netherlands), Litum Technologies (Turkey), Tracktio (Spain), Cerner (US), GE Healthcare (US), and Infinite Leap (US).

Research Coverage

This report segments the RTLS market by offering, technology, application, vertical, and geography.It also describes major drivers, restraints, challenges, and opportunities about this market, as well as includes the value chain, technology, ASP, case study, and market share analysis.

Reasons to Buy This Report

The report will help leaders/new entrants in the RTLS market in the following ways:

  • The report segments the RTLS market comprehensively and provides the closest market size estimation for all sub segments across regions.
  • The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities about the RTLS market.
  • The report will help stakeholders understand their competitors better and gain insights to improve their position in the RTLS market. The competitive landscape section describes the competitor ecosystem.
Filed in: Information Technology
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Identity Verification Market by Component (Solutions and Services), Type (Non-Biometric and Biometric), Organization Size, Deployment Mode, Vertical (BFSI, Government and Defense, and Healthcare and Life Sciences), and Region – Global Forecast to 2025

The global post-COVID-19 identity verification market size to grow at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period MarketsandMarkets forecasts the global post-COVID-19 identity verification market size to grow from USD 7.6 billion in 2020 to USD 15.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during 2020–2025. The major growth drivers for the market include increasing digitization initiatives, increasing fraudulent activities and identity theft during the last decade, and Increasing use cases of digital identities among verticals. However, price disparity in identity verification solutions and services may restrain market growth. By type, biometrics to grow at the highest rate during the forecast period Biometric solutions follo......
$4950

Predictive Analytics Market by Solution (Financial Analytics, Risk Analytics, Marketing Analytics, Web & Social Media Analytics, Network Analytics), Service, Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2025

"The need to deliver data-driven insights and monitor changes and uncertainties during the COVID-19 situation is driving the demand for predictive analytics solutions and services." The global predictive analytics market size to grow from USD 7.2 billion in 2020 to USD 21.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 24.5% during the forecast period. Various factors such as the growing focus on digital transformation, rise adoption of big data and AI and ML technologies, increasing focus on remote monitoring in support of the COVID-19 pandemic, and the need to forecast possible future financial scenarios to answer specific business questions are expected to drive the adoption of the predictive analytics market.The objective of the report is to define, describe, and forec......
$4950

Wireless Connectivity Market by Connectivity Technology (Wi-Fi, Bluetooth, NFC, ZigBee, GNSS, LTE CAT-M1, NB-IoT, LoRa, SigFox), Type (WLAN, WPAN, LPWAN), End-use (Wearables, Consumer Electronics, Healthcare), and Region – Global Forecast to 2025

“Wireless Connectivity market expected to grow at CAGR of 15.4% from 2020 to 2025” The global wireless connectivity market is estimated to grow from USD 69.0 billion in 2020 to USD 141.1 billion by 2025, at a CAGR of 15.4%. The major factors driving the wireless connectivity industry growth are increased demand for wireless sensor networks in the development of smart infrastructure, a significant increase in the internet penetration rate, growth in adoption of the internet of things (IoT), increasing trends like work from home and virtual learning pertaining to the COVID-19 pandemic, increased demand for low-power wide-area (LPWA) networks in the IoT applications. High power consumption by wireless sensors, terminals & connected devices, and lack of uniform communication standar......
$4950

Fraud Detection and Prevention Market by Solution (Fraud Analytics, Authentication, and GRC), Service (Managed and Professional), Vertical (BFSI, Retail and eCommerce, and Travel and Transportation), Deployment Mode, and Region – Global Forecast to 2025

“Increase in adoption of digitalization and IoT is expected to drive the growth of the FDP market” The global FDP market size is expected to grow from an estimated value of USD 20.9 billion in 2020 to USD 38.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.8% from 2020 to 2025. The FDP market is driven by various factors, such as Increased in the adoption rate of digitalization and IoT and increase in the revenue loss due to fraud to boost the growth of FDP market across the globe during the forecast period. However, rise in complexity of frauds can hinder the growth. Services segment to grow at a higher CAGR during the forecast period Services for the FDP market includes professional services and managed services. The professional services include consulting s......
$7150

Retail Analytics Market by Application (Merchandising Analysis, Customer Analytics, and Promotional Analysis and Planning), Business Function (Finance and Operations), Component, Organization Size, End User, and Region – Global Forecast to 2025

“The rising need to create valuable insights from customer data across retail industry to drive the growth of the retail analytics market.” The global Retail Analytics market size to grow from USD 4.3 billion in 2020 to USD 11.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.2% during the forecast period. Major factors contributing to the growth of the retail analytics market are the rising demand for dashboards for data visualization, growing adoption of cloud, and continuous increase in data generation. The objective of the report is to define, describe, and forecast the retail analytics market size based on component, business function, application, organization size, end user, and region. The COVID-19 has impacted all elements of the technology sector. It has ......
$7150

Digital Payment Market by Component (Solutions (Payment Processing, Payment Gateway, Payment Wallet, POS Solution, Payment Security and Fraud Management) and Services), Deployment Mode, Organization Size, Vertical, and Region – Global Forecast to 2025

Increasing worldwide initiatives for the promotion of digital and online payments is driving the growth of the global digital payment market The global digital payment market size is projected to grow from USD 79.3 billion in 2020 to USD 154.1 billion by 2025, at a CAGR of 14.2% during the forecast period. Major growth factors for the market include worldwide initiatives for the promotion of digital payments, high proliferation of smartphones enabling mCommerce growth, increase in eCommerce sales, and growth in internet penetration. By deployment type, cloud segment to grow at the highest CAGR during the forecast period Several vendors in the market offer payment solutions through the public and private cloud. Cloud-based payment solutions are available in various subscriptions a......
$4950

Cyber Insurance Market by Component (Solutions (Analytics & Cybersecurity) and Services), Type (Standalone & Packaged), Coverage (Data Breach & Cyber Liability), Organization Size, End User (Technology & Insurance), and Region – Global Forecast to 2025

An increase in the number of security breaches and cyberattacks and stringent regulatory compliances is driving the growth of the global cyber insurance market The global cyber insurance market size in the post-COVID-19 scenario is projected to grow from USD 7.8 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 21.2% during the forecast period. The major factors driving the market include the increasing number of security breaches and cyberattacks resulting in huge financial losses, and stringent government regulations towards adoption of cyber insurance policies. By insurance coverage, the cyber liability segment expected to hold a larger market size in 2025 Cyber risk insurance or cyber liability insurance coverage helps an organization cover the cost to recover from a d......
$5650

Cash Flow Market by Component (Solution and Services), Deployment (Cloud and On-premises), End User (SMEs and Professionals), Vertical (IT and ITes, Construction and Real Estate, and Retail and eCommerce), and Region – Global Forecast to 2025

“The growth of the cash flow market can be attributed to the increasing adoption of predictive analytics across industries.” The cash flow market size is projected to grow from USD 369 million in 2020 to USD 1,170 million by 2025, at a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period. The major factors driving the growth of the cash flow market include cash flow management for improving the planning and budgeting cycles, increasing demand for cash flow analysis, and forecasting due to rapid business expansion, increasing adoption of predictive analytics across industries to drive the market, and increasing demand for supply chain management and working capital management to boost cash flow. By component, services segment to grow at a higher CAGR during the ......
$5650

Komatsu Ltd. – Enterprise Tech Ecosystem Series

Komatsu Ltd. - Enterprise Tech Ecosystem Series Summary Komatsu Ltd (Komatsu) is an equipment manufacturer that offers construction and mining equipment, industrial machinery, utilities, and forestry machines. The company offers engines and components, excavating and roadbed preparation equipment, loading equipment, recycling equipment, grading, hauling equipment, casting products, forestry equipment, tunneling machines, recycling equipment, industrial vehicles, logistics, and other equipment. It also provides industrial machinery like temperature control equipment, metal forging and stamping presses, machine tools, defense systems, and sheet metal machines. Komatsu serves via domestic and international sales and distribution network which includes independent distributors, subsidiaries,......
$1495

Identity and Access Management Market by Component (Solutions and Services), Solutions (Data Storage, Identity Lifecycle Management, Authentication, and Verification), Organization Size, Deployment Mode, Vertical, and Region – Global Forecast to 2025

Increasing venture capital funding and growing investments in IAM technology to drive the overall growth of the IAM market. The global IAM market size is projected to grow from USD 12.3 billion in 2020 to USD 24.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. The increasing venture capital funding and growing investments in IAM technology to drive the market growth. By component, services segment to grow at a higher CAGR during the forecast period The services include the support offered by security vendors to assist their customers in using and maintaining IAM efficiently. Vendors offer different services, such as integration and deployment, consulting, and support and maintenance. The services segment has witnessed tremendous growt......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy