Real-Time Location System Market Analysis, Scope, Future Trends and Opportunities During 2019-2025

 KD Market Insights (KDMI) recently published market research report on the Global Real-Time Location System market, this market research report provides detailed analysis of market drivers, challenges, opportunity analysis, and trends, along with various key insights into the market research report. The report on global Real-Time Location System market demonstrates the important aspects that are anticipated to shape the growth of the market over the forecast period. The study also includes the analysis of the market size & forecast for the different segments and geographies.

The global Real-Time Location System market is anticipated to reach at a notable value by the end of 2025. The market is envisioned to grow at a considerable CAGR over the forecast period i.e. 2020-2025. In the past years, the market has grown at a significant rate and is projected to showcase a lucrative growth in the upcoming years.

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The growth of this market is attributed towards major relying factors which include but are not limited to; the high adoption of RTLS solutions in various industry verticals, governmental sector and in emerging use cases, emergence of innovative startups and market competitiveness, rise in awareness about the benefits of real time location systems, rise in need for asset tracking, proliferation of smartphones, surge in adoption of business analytics solutions, increasing popularity of ultra-wideband technology-based RTLS solutions, rise in security concerns, growing need for contact-tracing solutions due to COVID-19 pandemic.

The study for global Real-Time Location System market covers the key market growth indicators such as value and supply chain analysis, year-on-year (Y-o-Y) growth and compounded annual growth rate (CAGR), in the KDMI’s research report along with macroeconomic indicators & forecast factors. Also, the analysis of Porter’s Five Forces demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global Real-Time Location System market.

Impact of Coronavirus Disease (COVID-19) on Global Real-Time Location System Market

The coronavirus or COVID-19 (formerly 2019-nCoV) broke out in December 2019, which has been imposed as a medical emergency worldwide. More than 213 countries and territories have reported cases of coronavirus to date. On 11th March 2020, the World Health Organization (WHO) declared the COVID-19 a pandemic officially. The study explains the impact of coronavirus disease (COVID-19) on global Real-Time Location System market, covering the following points:

- Impact analysis of COVID-19 on the global Real-Time Location System market in the upcoming years.

- Detailed research regarding each region & countries will be listed, to identify the issues caused by the coronavirus disease on the market.

- Strategies adopted by the major & prominent market players in order to survive in the situation of COVID-19 lockdown.

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Key Insights Covered in the Global Real-Time Location System Market Report

Analysis of market including the market forecast, Y-o-Y growth and structure of the industry.

Leading market growth factors, market trends and upcoming opportunities driving the growth of the market.

Identifying the barriers & threats hindering the market growth.

Detailed analysis of major & prominent players in the market & also covering a comprehensive analysis of the company’s business and performance.

Various market activities covering the market research report including product launch, innovation, acquisition, expansion, technological advancement, research & development & other market activities.

Segment Outlook

The global Real-Time Location System market is segmented (By Component, By Technology, By Application and By Industry Vertical). This market research report offers comprehensive data and information about the global Real-Time Location System market dynamics & growth parameters related to these categories. Further, the market is sub-segmented as follows:

By Component:

Hardware

Software

Services

By Technology:

RFID

Wi-Fi

Ultra-wideband (UWB)

Bluetooth Low Energy (BLE)

Ultrasound

Infrared (IR)

GPS

Others

By Application:

Inventory/Asset Tracking & Management

Personnel/Staff Locating & Monitoring

Access Control & Security

Environmental Monitoring

Yard, Dock, Fleet, & Warehouse Management & Monitoring

Supply Chain Management & Operational Automation/Visibility

Others

By Industry Vertical:

Healthcare

Manufacturing & Automotive

Retail

Transportation & Logistics

Government & Defense

Education

Oil & Gas, Mining

Sports & Entertainment

Others

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Regional Prospect

In terms of geography, the market for Real-Time Location System is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition to this, further classification of market data and analysis of region into countries is covered in the report. Further, the geographies are fragmented into the regional & country groupings:

- North America (U.S. & Canada)

- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

- Latin America (Brazil, Mexico and Rest of Latin America)

- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The market research report on the global Real-Time Location System market also provides the detailed strategic analysis of the company’s business and performance including the financial information, revenue breakup by segment and by geography, SWOT Analysis, key factors, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news and other market activities. The market research report also provides company’s positioning and market share of the major & niche key market players in global Real-Time Location System market. In addition to this, the report also profiles various major & niche key market players in the global Real-Time Location System market including:

Stanley Black & Decker

Ubisense Group

Decawave

Litum Technologies

Skytron LLC

Aruba Networks

Impinj

Awarepoint Corporation

AeroScout Inc.

Zebra Technologies Corporation

Sonitor Technologies

Savi Technology

AiRISTA

TeleTracking Technologies Inc.

Other Players

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