Market Overview:
The global real-time location service market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for real-time location services in various applications such as aerospace & defense, automotive, healthcare, and others. Additionally, the growing trend of IoT is also fueling the demand for real-time location services across different industries. Based on type, the global real-time location service market can be segmented into tags or signal transmitter and Wi-Fi networks. Tags or signal transmitter are small devices that emit signals that help track and locate objects or people in close proximity. Wi-Fi networks are used to track devices that are connected to a wireless network infrastructure. Based on application, the global real-time location service market can be segmented into aerospace & defense, automotive, healthcare, and others which include retail stores/shopping malls and logistics companies among others). North America accounted for majority share of 43% in 2017 in terms of revenue generated by this market followed by Europe with 31%.
Product Definition:
Real-time location service is a technology that uses global positioning system (GPS) or radio frequency identification (RFID) to track the precise location of an object or person in real time. The technology can be used for a variety of purposes, including fleet management, asset tracking, and personal safety. Real-time location service is important because it allows businesses and individuals to track the movements of objects and people in real time, which can help them improve efficiency and safety.
Tags or Signal Transmitter:
A tags or signal transmitter is a device that can be attached to an object and emits a unique identifying number called the Universal Resource Locator (URL) which in turn helps in finding the exact location of that particular object. The major application areas for these devices are fleet tracking, asset tracking, personnel tracking and mobile workforce management.
Wi-Fi Networks:
Wi-Fi networks and it's usage in Real-Time Location Services (RTLS) market is expected to grow at a significant rate over the forecast period. RTLS technology has been used for many years in the manufacturing sector, where tags attached to machines or equipment would send out an RF signal and could be tracked easily. Over time, this technology has evolved into modern day real-time location systems that use wireless networks; which are much more sophisticated and accurate.
Application Insights:
The aerospace and defense application segment accounted for the largest revenue share in 2017. The RTLS technology is being used to improve the passenger experience by providing information regarding flight status, aircraft position, cabin temperature and other such details. Furthermore, it can help reduce pilot distraction by enabling real-time display of airspeed and altitude data on a cockpit monitor screen.
The automotive application segment is expected to witness significant growth over the forecast period owing to increasing demand for location-based services that enable drivers to find out about traffic conditions from their smartphones or tablets. Moreover, these services are also beneficial for passengers who travel in buses or trains as they provide real-time information regarding train/bus locations along with other such details (such as departure time). These factors are anticipated to drive industry growth over the coming years.
RTLS has numerous applications across various industries including healthcare, retail & consumer goods.
Regional Analysis:
North America dominated the global real-time location service market in terms of revenue share in 2016. The growth can be attributed to the presence of key industry players such as Google, Apple Inc., and Microsoft Corporation. In addition, these companies are continuously investing in new technologies such as augmented reality and artificial intelligence for providing better services to their users. Thus, North America is expected to maintain its dominance over the forecast period.
Asia Pacific is anticipated to witness significant growth over a CAGR exceeding 20% from 2017 to 2030 owing high adoption rates of advanced technologies such as smartphones and social media among others across this region which has led it being called ‘the next digital hub’ by many experts including ourselves at Research Nodes LLC (Netherlands).
Growth Factors:
- Increasing demand for location-based services from various industries
- Proliferation of smartphones and other connected devices
- Advances in location-tracking technology
- Growing demand for real-time data analytics and insights
- Emergence of new use cases and applications for RTLS
Scope Of The Report
Report Attributes
Report Details
Report Title
Real-Time Location Service Market Research Report
By Type
Tags or Signal Transmitter, Wi-Fi Networks
By Application
Aerospace & Defense, Automotive, Healthcare, Others
By Companies
Ubisense Group, AeroScout, TeleTracking, Savi Technology, Zebra Technologies, CenTrak, AiRISTA Flow, Nanotron, Versus Technology, Here Technologies, Sewio Networks, Ruckus Wireless, Midmark, Ubisense Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Real-Time Location Service Market Report Segments:
The global Real-Time Location Service market is segmented on the basis of:
Types
Tags or Signal Transmitter, Wi-Fi Networks
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Automotive, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ubisense Group
- AeroScout
- TeleTracking
- Savi Technology
- Zebra Technologies
- CenTrak
- AiRISTA Flow
- Nanotron
- Versus Technology
- Here Technologies
- Sewio Networks
- Ruckus Wireless
- Midmark
- Ubisense Group
Highlights of The Real-Time Location Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tags or Signal Transmitter
- Wi-Fi Networks
- By Application:
- Aerospace & Defense
- Automotive
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Real-Time Location Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Real-time location service (RLS) is a technology that allows applications to track the user's real-time location. This information can be used to provide features such as navigation and local search.
Some of the major companies in the real-time location service market are Ubisense Group, AeroScout, TeleTracking, Savi Technology, Zebra Technologies, CenTrak, AiRISTA Flow, Nanotron, Versus Technology, Here Technologies, Sewio Networks, Ruckus Wireless, Midmark, Ubisense Group.
The real-time location service market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Real-Time Location Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Real-Time Location Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Real-Time Location Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Real-Time Location Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Real-Time Location Service Market Size & Forecast, 2018-2028
4.5.1 Real-Time Location Service Market Size and Y-o-Y Growth
4.5.2 Real-Time Location Service Market Absolute $ Opportunity
Chapter 5 Global Real-Time Location Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Real-Time Location Service Market Size Forecast by Type
5.2.1 Tags or Signal Transmitter
5.2.2 Wi-Fi Networks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Real-Time Location Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Real-Time Location Service Market Size Forecast by Applications
6.2.1 Aerospace & Defense
6.2.2 Automotive
6.2.3 Healthcare
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Real-Time Location Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Real-Time Location Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Real-Time Location Service Analysis and Forecast
9.1 Introduction
9.2 North America Real-Time Location Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Real-Time Location Service Market Size Forecast by Type
9.6.1 Tags or Signal Transmitter
9.6.2 Wi-Fi Networks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Real-Time Location Service Market Size Forecast by Applications
9.10.1 Aerospace & Defense
9.10.2 Automotive
9.10.3 Healthcare
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Real-Time Location Service Analysis and Forecast
10.1 Introduction
10.2 Europe Real-Time Location Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Real-Time Location Service Market Size Forecast by Type
10.6.1 Tags or Signal Transmitter
10.6.2 Wi-Fi Networks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Real-Time Location Service Market Size Forecast by Applications
10.10.1 Aerospace & Defense
10.10.2 Automotive
10.10.3 Healthcare
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Real-Time Location Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Real-Time Location Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Real-Time Location Service Market Size Forecast by Type
11.6.1 Tags or Signal Transmitter
11.6.2 Wi-Fi Networks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Real-Time Location Service Market Size Forecast by Applications
11.10.1 Aerospace & Defense
11.10.2 Automotive
11.10.3 Healthcare
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Real-Time Location Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Real-Time Location Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Real-Time Location Service Market Size Forecast by Type
12.6.1 Tags or Signal Transmitter
12.6.2 Wi-Fi Networks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Real-Time Location Service Market Size Forecast by Applications
12.10.1 Aerospace & Defense
12.10.2 Automotive
12.10.3 Healthcare
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Real-Time Location Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Real-Time Location Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Real-Time Location Service Market Size Forecast by Type
13.6.1 Tags or Signal Transmitter
13.6.2 Wi-Fi Networks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Real-Time Location Service Market Size Forecast by Applications
13.10.1 Aerospace & Defense
13.10.2 Automotive
13.10.3 Healthcare
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Real-Time Location Service Market: Competitive Dashboard
14.2 Global Real-Time Location Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ubisense Group
14.3.2 AeroScout
14.3.3 TeleTracking
14.3.4 Savi Technology
14.3.5 Zebra Technologies
14.3.6 CenTrak
14.3.7 AiRISTA Flow
14.3.8 Nanotron
14.3.9 Versus Technology
14.3.10 Here Technologies
14.3.11 Sewio Networks
14.3.12 Ruckus Wireless
14.3.13 Midmark
14.3.14 Ubisense Group
