Real-Time Location Systems (RTLS) Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the real-time location systems (RTLS) industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected real-time location systems (RTLS) market growth numbers 2021-2030.
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The Real-Time Location Systems Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global real-time location systems (RTLS) market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Real-Time Location Systems (RTLS) Global Market Report 2021 covers real-time location systems (RTLS) market drivers, real-time location systems (RTLS) market trends, real-time location systems (RTLS) market growth rate, real-time location systems (RTLS) market major players, player-adopted strategies in the market, and real-time location systems (RTLS) market size.
The global real-time location systems (RTLS) market is expected to grow from $4.13 billion in 2020 to $5.37 billion in 2021 at a compound annual growth rate (CAGR) of 30%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The RTLS market is expected to reach $14.81 billion in 2025 at a CAGR of 28.9%.
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The report covers the real-time location systems (RTLS) market segments-
1) By Component: Hardware, Software, Service
2) By Technology: RFID, Wi-Fi, Ultra-Wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS, Others
3) By Application: Inventory Or Asset Tracking And Management, Personnel Or Staff Locating And Monitoring, Access Control And Security, Environmental Monitoring, Supply Chain Management And Operational Automation Or Visibility, Others
4) By End Use Industry: Transportation And Logistics, Healthcare, Retail, Manufacturing And Processing, Others
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