Real-Time Location System Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Real Time Location Systems Market size is expected to grow at an annual average of 22% during 2021-2027.Real-time Location System (RTLS) detects and tracks the geographic location of people and objects in real time. RTLS consists of a tag attached to an object or individual, and the signals conveyed by this tag are analyzed relative to a fixed reference point to help locate the individual or object. RTLS includes location readers, sensors, application software, battery powered tags and network infrastructure.

The following segmentation are covered in this report:

By Offering

• Hardware
• Software
• Services

By Technology

• RFID
• Wi-Fi
• Ultra-wideband (UWB)
• GPS
• Others

By Application

• Inventory/Asset Tracking & Management
• Access Control & Security
• Yard, Dock, Fleet, & Warehouse Management & Monitoring
• Supply Chain Management & Operational Automation/Visibility
• Others

By Vertical

• Healthcare
• Retail
• Transportation & Logistics
• Government & Defence
• Sports & Entertainment
• Others

Company Profile

• CenTrak
• DecaWave Limited 
• Lockheed Martin Corporation
• Redpine Signals, Inc.
• Sonitor Technologies
• Stanley Black & Decker, Inc.
• TeleTracking Technologies, Inc.

Scope of the report

The research study analyses the Real Time Location Systems Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Real Time Location Systems Market Report

• What was the Real Time Location Systems Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of 22% Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Real Time Location Systems Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.