Real-time Locating Systems Market

Real-time Locating Systems Market By Applications (Fleet Tracking, Inventory & Asset Tracking, Navigation, Personnel Tracking, and Network Security), End-users (Transportation Logistics, Manufacturing & Process Industries, Healthcare, and Retail), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-491
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 3
  • No. Of Pages: 144
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The global real-time locating systems market is estimated to expand at a considerable CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing government initiatives, involvement of real-time locating systems to manage inventory and warehouse services, transportation services, as well as inward and outbound services.

Real-time Locating Systems Market Key Takeaways

Real-time locating systems (RTLS) is used to track and identify the movement of assets or inventory including various instruments, containers, medical devices, and others that are off for shipping. The system offers real-time status of the shipment and reduces the chance for loss of products due to loss of stolen or missed items during the transport. This system is performed using various technology for tracking and tracing that includes ZigBee, Wi-Fi, and Ultra Wide Band (UWB).

Market Trends, Drivers, Restraints, and Opportunities

  • Growing demand for effective and accurate tacking solution for product shipment is a key driver expected to propel the market growth.
  • Expansion of the logistics industry and rapid adaption of advanced technology in transportation logistics are projected to fuel the market growth in the coming years.
  • Some key attributes of the system include cost-cutting, improved quality of services, and efficient working. These factors are expected to boost market growth.
  • Concerning regarding privacy and security issues, costly proprietorship, and issues related to data implementation associated with the system act as key restraining factors, which are expected to hamper the market expansion.
  • Elementary high costs for distribution of service are expected to hinder the market development.
  • Wide application of the system across several industries especially the manufacturing industries are estimated to create several opportunities for the market expansion in the upcoming years.

Scope of the Report

The report on the real-time locating systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Real-time Locating Systems Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Fleet Tracking, Inventory & Asset Tracking, Navigation, Personnel Tracking, and Network Security) and End-users (Transportation Logistics, Manufacturing & Process Industries, Healthcare, and Retail)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Awarepoint Corporation, AeroScout Inc., Zebra Technologies Corporation, Sonitor Technologies, Skytron LLC, TeleTracking Technologies Inc., and Ubisense Group plc.


Market Segment Insights

Inventory & asset tracking segment is expected to represent a key market share
On the basis of applications, the global real-time locating systems market is segmented into fleet tracking, inventory & asset tracking, navigation, personnel tracking, and network security. The inventory & asset tracking segment is expected to represent a key share of the market during the forecast period owing to wide adoption of the RTLS system for tracing the movement of inventory and assets. Rising commercial trade and export of goods from country to another that raise the demand for a system solution to track the inventory supply. This represents a major driving factor for the segment growth.

Transportation logistics segment is expected to grow at a rapid pace
Based on end-users, the global real-time locating systems market is divided into transportation logistics, manufacturing and process industries, healthcare, and retail. The transportation logistics segment is anticipated to grow at a rapid pace during the forecast period owing to rising needs for transportation due to expansion of trading volume across the globe.

Real-time Locating Systems Market By End Users

North America is projected to account for a key share
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is estimated to register a significant CAGR during the forecast period due to early adoption of advanced technology in the transportation sector and adoption of innovative technology for logistics service in the region. However, the market in Asia Pacific is expected to expand at a significant growth rate in the coming years owing to rapid establishment of industries due to industrialization and rising establishment of major manufacturing units in the region.

Real-time Locating Systems Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Real-time Locating Systems Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Real-time Locating Systems Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Real-time Locating Systems Market - Supply Chain
  4.5. Global Real-time Locating Systems Market Forecast
     4.5.1. Real-time Locating Systems Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Real-time Locating Systems Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Real-time Locating Systems Market Absolute $ Opportunity
5. Global Real-time Locating Systems Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Real-time Locating Systems Market Size and Volume Forecast by Applications
     5.3.1. Fleet Tracking
     5.3.2. Inventory & Asset Tracking
     5.3.3. Navigation
     5.3.4. Personnel Tracking
     5.3.5. Network Security
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Real-time Locating Systems Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Real-time Locating Systems Market Size and Volume Forecast by End Users
     6.3.1. Transportation Logistics
     6.3.2. Manufacturing & Process Industries
     6.3.3. Healthcare
     6.3.4. Retail
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Real-time Locating Systems Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Real-time Locating Systems Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Real-time Locating Systems Demand Share Forecast, 2019-2026
8. North America Real-time Locating Systems Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Real-time Locating Systems Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Real-time Locating Systems Market Size and Volume Forecast by Applications
     8.4.1. Fleet Tracking
     8.4.2. Inventory & Asset Tracking
     8.4.3. Navigation
     8.4.4. Personnel Tracking
     8.4.5. Network Security
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Real-time Locating Systems Market Size and Volume Forecast by End Users
     8.7.1. Transportation Logistics
     8.7.2. Manufacturing & Process Industries
     8.7.3. Healthcare
     8.7.4. Retail
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Real-time Locating Systems Demand Share Forecast, 2019-2026
9. Latin America Real-time Locating Systems Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Real-time Locating Systems Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Real-time Locating Systems Market Size and Volume Forecast by Applications
     9.4.1. Fleet Tracking
     9.4.2. Inventory & Asset Tracking
     9.4.3. Navigation
     9.4.4. Personnel Tracking
     9.4.5. Network Security
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Real-time Locating Systems Market Size and Volume Forecast by End Users
     9.7.1. Transportation Logistics
     9.7.2. Manufacturing & Process Industries
     9.7.3. Healthcare
     9.7.4. Retail
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Real-time Locating Systems Demand Share Forecast, 2019-2026
10. Europe Real-time Locating Systems Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Real-time Locating Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
  10.4. Europe Real-time Locating Systems Market Size and Volume Forecast by Applications
     10.4.1. Fleet Tracking
     10.4.2. Inventory & Asset Tracking
     10.4.3. Navigation
     10.4.4. Personnel Tracking
     10.4.5. Network Security
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Real-time Locating Systems Market Size and Volume Forecast by End Users
     10.7.1. Transportation Logistics
     10.7.2. Manufacturing & Process Industries
     10.7.3. Healthcare
     10.7.4. Retail
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Real-time Locating Systems Demand Share Forecast, 2019-2026
11. Asia Pacific Real-time Locating Systems Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Real-time Locating Systems Market Size and Volume 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. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Real-time Locating Systems Market Size and Volume Forecast by Applications
     11.4.1. Fleet Tracking
     11.4.2. Inventory & Asset Tracking
     11.4.3. Navigation
     11.4.4. Personnel Tracking
     11.4.5. Network Security
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Real-time Locating Systems Market Size and Volume Forecast by End Users
     11.7.1. Transportation Logistics
     11.7.2. Manufacturing & Process Industries
     11.7.3. Healthcare
     11.7.4. Retail
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Real-time Locating Systems Demand Share Forecast, 2019-2026
12. Middle East & Africa Real-time Locating Systems Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Real-time Locating Systems Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Real-time Locating Systems Market Size and Volume Forecast by Applications
     12.4.1. Fleet Tracking
     12.4.2. Inventory & Asset Tracking
     12.4.3. Navigation
     12.4.4. Personnel Tracking
     12.4.5. Network Security
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Real-time Locating Systems Market Size and Volume Forecast by End Users
     12.7.1. Transportation Logistics
     12.7.2. Manufacturing & Process Industries
     12.7.3. Healthcare
     12.7.4. Retail
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Real-time Locating Systems Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Real-time Locating Systems Market: Market Share Analysis
  13.2. Real-time Locating Systems Distributors and Customers
  13.3. Real-time Locating Systems Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Awarepoint Corporation
     13.4.2. AeroScout Inc.
     13.4.3. Zebra Technologies Corporation
     13.4.4. Sonitor Technologies
     13.4.5. TeleTracking Technologies Inc.
     13.4.6. Ubisense Group plc.
Segments Covered in the Report
The global real-time locating systems market has been segmented on the basis of

Applications
  • Fleet Tracking
  • Inventory & Asset Tracking
  • Navigation
  • Personnel Tracking
  • Network Security
End-users
  • Transportation Logistics
  • Manufacturing & Process Industries
  • Healthcare
  • Retail
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Awarepoint Corporation
  • AeroScout Inc.
  • Zebra Technologies Corporation
  • Sonitor Technologies
  • TeleTracking Technologies Inc.
  • Ubisense Group plc.

Some of the key players competing in the market are Awarepoint Corporation; AeroScout Inc.; Zebra Technologies Corporation; Sonitor Technologies; TeleTracking Technologies Inc.; and Ubisense Group plc. Several of these companies are actively engaged in various market strategies such as product launches, mergers, partnerships, acquisitions, and expansion of production units to enhance their market position and expand their consumer base globally.

Real-time Locating Systems Market By Key Players

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