Rtls market forecast to 2022 by scalar market research

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RTLS Market by Type (Hardware, Software,

Service), Technology (RFID, Wi-Fi,

Ultrasound, Infrared, ZigBee, UWB),

Industry (Healthcare, Transportation &

Logistics, Process Industries, Hospitality,

Defense, Retail, Education) and Geography

– Global Opportunity Analysis and

Industry Forecast, 2014 – 2022

November 2016

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About Scalar Market Research

Scalar Market Research, Inc. is a Chicago, U.S.-based market research and

consulting firm that serves Fortune 1000 companies, leading businesses and

upcoming organizations from around the world to help them achieve their business

goal of sustainable revenue growth, utilizing Scalar's premium market research

reports and consulting services to make critical strategic decisions.

Our real-time industry data tracking, with the help of advanced analytics and

machine learning, offers our clients highly accurate 360-degree perspective of key

developments in niche markets. Our team of industry experts, with a thorough

understanding of global markets and cumulative industry experience spanning 100+

years, work relentlessly to help our clients realize their most important business

goals.

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manual.

Copyright © 2016 Scalar Market Research, Inc., USA

All Rights Reserved. This document enclosing highly confidential information is the sole

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quoted, circulated, or otherwise shared without prior approval of Scalar Market Research.

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Table of Contents

1 INTRODUCTION ............................................................................................................................. 12

2 MARKET OVERVIEW ...................................................................................................................... 13

2.1 Definitions ............................................................................................................................. 13

2.2 Research Methodology ......................................................................................................... 15

2.2.1 Primary Data ................................................................................................................. 15

2.2.2 Secondary Data ............................................................................................................. 16

2.2.3 Machine Learning .......................................................................................................... 17

2.2.4 Research Scope ............................................................................................................. 18

2.2.5 Years Considered .......................................................................................................... 19

2.2.6 Currency & Pricing......................................................................................................... 19

2.3 Market Segmentation ........................................................................................................... 20

2.4 Key Objectives & Benefits of the Report............................................................................... 20

2.4.1 Objectives of the Report ............................................................................................... 20

2.4.2 Key Benefits of the Report ............................................................................................ 21

3 EXECUTIVE SUMMARY .................................................................................................................. 22

4 MARKET DYNAMICS ...................................................................................................................... 28

4.1 Drivers ................................................................................................................................... 28

4.2 Restraint ................................................................................................................................ 29

4.3 Opportunities ........................................................................................................................ 29

4.4 Trends ................................................................................................................................... 30

5 INDUSTRY ANALYSIS ...................................................................................................................... 31

5.1 Value Chain Analysis ............................................................................................................. 31

5.2 Ecosystem ............................................................................................................................. 32

5.3 Supply Chain Analysis ............................................................................................................ 33

6 RTLS MARKET, BY TYPE ................................................................................................................. 34

6.1 Overview ............................................................................................................................... 34

6.2 Hardware .............................................................................................................................. 35

6.3 Software ................................................................................................................................ 36

6.4 Service ................................................................................................................................... 36

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7 RTLS MARKET, BY TECHNOLOGY ................................................................................................... 37

7.1 Overview ............................................................................................................................... 37

7.2 RFID ....................................................................................................................................... 39

7.3 Wi-Fi ...................................................................................................................................... 39

7.4 Ultrasound ............................................................................................................................ 39

7.5 Infrared ................................................................................................................................. 39

7.6 ZigBee .................................................................................................................................... 39

7.7 Ultra-Wide Band (UWB) ........................................................................................................ 40

7.8 Others ................................................................................................................................... 40

8 RTLS MARKET, BY INDUSTRY ......................................................................................................... 41

8.1 Overview ............................................................................................................................... 41

8.2 Healthcare ............................................................................................................................. 44

8.3 Transportation & Logistics .................................................................................................... 45

8.4 Manufacturing ...................................................................................................................... 46

8.5 Process Industries ................................................................................................................. 47

8.6 Hospitality ............................................................................................................................. 48

8.7 Defense ................................................................................................................................. 49

8.8 Retail ..................................................................................................................................... 50

8.9 Education .............................................................................................................................. 51

8.10 Other Industries .................................................................................................................... 52

9 RTLS MARKET, BY GEOGRAPHY ..................................................................................................... 53

9.1 Overview ............................................................................................................................... 53

9.2 North America ....................................................................................................................... 55

9.2.1 By Country ..................................................................................................................... 55

9.2.1.1 U.S. ............................................................................................................................ 56

9.2.1.2 Canada ...................................................................................................................... 57

9.2.2 By Type .......................................................................................................................... 57

9.2.3 By Technology ............................................................................................................... 57

9.2.4 By Industry .................................................................................................................... 58

9.3 Europe ................................................................................................................................... 60

9.3.1 By Country ..................................................................................................................... 60

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9.3.1.1 France ........................................................................................................................ 61

9.3.1.2 Germany .................................................................................................................... 62

9.3.1.3 U.K ............................................................................................................................. 62

9.3.1.4 Rest of Europe ........................................................................................................... 62

9.3.2 By Type .......................................................................................................................... 63

9.3.3 By Technology ............................................................................................................... 63

9.3.4 By Industry .................................................................................................................... 64

9.4 Asia-Pacific ............................................................................................................................ 66

9.4.1 By Country ..................................................................................................................... 67

9.4.1.1 China ......................................................................................................................... 68

9.4.1.2 Japan ......................................................................................................................... 68

9.4.1.3 Australia .................................................................................................................... 68

9.4.1.4 Rest of Asia-Pacific .................................................................................................... 68

9.4.2 By Type .......................................................................................................................... 69

9.4.3 By Technology ............................................................................................................... 69

9.4.4 By Industry .................................................................................................................... 70

9.5 Rest of World ........................................................................................................................ 72

9.5.1 By Region....................................................................................................................... 73

9.5.1.1 Middle East & Africa.................................................................................................. 74

9.5.1.2 Latin America ............................................................................................................ 74

9.5.2 By Type .......................................................................................................................... 74

9.5.3 By Technology ............................................................................................................... 75

9.5.4 By Industry .................................................................................................................... 75

10 COMPETITIVE LANDSCAPE ............................................................................................................ 77

10.1 Market Positioning ................................................................................................................ 77

10.2 Key Innovators ...................................................................................................................... 78

10.2.1 PINC Solutions ............................................................................................................... 78

10.2.2 BeSpoon SAS ................................................................................................................. 78

10.3 Key Vendor's Service Industries ............................................................................................ 79

11 KEY MARKET PLAYERS ................................................................................................................... 81

11.1 Zebra Technologies Corporation ........................................................................................... 81

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11.1.1 Overview ....................................................................................................................... 81

11.1.2 Key Strategies ................................................................................................................ 81

11.1.3 Recent Developments ................................................................................................... 81

11.2 Stanley Healthcare ................................................................................................................ 83

11.2.1 Overview ....................................................................................................................... 83

11.2.2 Key Strategies ................................................................................................................ 83


11.3 Savi Technology, Inc. ............................................................................................................. 85

11.3.1 Overview ....................................................................................................................... 85

11.3.2 Key Strategies ................................................................................................................ 85


11.4 Teletracking Technologies, Inc. ............................................................................................. 86

11.4.1 Overview ....................................................................................................................... 86

11.4.2 Key Strategies ................................................................................................................ 86


11.5 Ubisense Group ..................................................................................................................... 87

11.5.1 Overview ....................................................................................................................... 87

11.5.2 Key Strategies ................................................................................................................ 87


11.6 AiRISTA Flow ......................................................................................................................... 89

11.6.1 Overview ....................................................................................................................... 89

11.6.2 Key Strategies ................................................................................................................ 89


11.7 Identec Group AG ................................................................................................................. 90

11.7.1 Overview ....................................................................................................................... 90

11.7.2 Key Strategies ................................................................................................................ 90


11.8 Centrak Inc. ........................................................................................................................... 91

11.8.1 Overview ....................................................................................................................... 91

11.8.2 Key Strategies ................................................................................................................ 91


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11.9 Awarepoint Corporation ....................................................................................................... 92

11.9.1 Overview ....................................................................................................................... 92

11.9.2 Key Strategies ................................................................................................................ 92


12 SCALAR 360 DEGREE MARKET PERSPECTIVE ................................................................................ 93

13 APPENDIX ...................................................................................................................................... 94

13.1 Acronyms .............................................................................................................................. 94

13.1 Related Reports ..................................................................................................................... 95

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List of Tables

Table 1. Global RTLS Market – Executive Summary ....................................................................... 25

Table 2. Global RTLS Market Drivers .............................................................................................. 28

Table 3. Global RTLS Market Size (US$ million), By Type (2014 – 2022) ........................................ 34

Table 4. Global RTLS Market Size (US$ million), By Technology (2014 – 2022) ............................. 38

Table 5. Global RTLS Market Share (%), By Industry, 2016 & 2022 ................................................ 41

Table 6. Global RTLS Market Size (US$ million), By Industry (2014 – 2022)................................... 42

Table 7. Healthcare Market, By Geography .................................................................................... 44

Table 8. Transportation & Logistics Market, By Geography ........................................................... 45

Table 9. Manufacturing Market By Geography .............................................................................. 46

Table 10. Process Industries Market By Geography ......................................................................... 47

Table 11. Hospitality Market By Geography ..................................................................................... 48

Table 12. Defense Market By Geography ......................................................................................... 49

Table 13. Retail Market By Geography ............................................................................................. 50

Table 14. Education Market By Geography ...................................................................................... 51

Table 15. Other Industries Market By Geography ............................................................................ 52

Table 16. Global RTLS Market Size (US$ million), By Geography (2014 – 2022) .............................. 54

Table 17. North America RTLS Market Size (US$ million), By Country (2014 – 2022) ...................... 55

Table 18. RTLS Market in U.S., Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth (%) ....... 56

Table 19. RTLS Market in Canada, Market Size (US$ million), 2014 – 2022and Y-o-Y Growth (%) .. 57

Table 20. North America RTLS Market Size (US$ million), By Type (2014 – 2022) ........................... 57

Table 21. North America RTLS Market Size (US$ million), By Technology (2014 – 2022) ................ 57

Table 22. North America RTLS Market Size (US$ million), By Industry (2014 – 2022) ..................... 58

Table 23. Europe RTLS Market Size (US$ million), By Country (2014 – 2022) .................................. 60

Table 24. RTLS Market in France, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth (%) .. 61

Table 25. RTLS Market in Germany, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth (%)

62

Table 26. RTLS Market in U.K, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth (%) ........ 62

Table 27. RTLS Market in Rest of Europe, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth

(%) 62

Table 28. Europe RTLS Market Size (US$ million), By Type (2014 – 2022) ....................................... 63

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Table 29. Europe RTLS Market Size (US$ million), By Technology (2014 – 2022) ............................ 63

Table 30. Europe RTLS Market Size (US$ million), By Industry (2014 – 2022) ................................. 64

Table 31. Asia-Pacific RTLS Market Size (US$ million), By Country (2014 – 2022) ........................... 67

Table 32. RTLS Market in China, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth (%) .... 68

Table 33. RTLS Market in Japan, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth (%) .... 68

Table 34. RTLS Market in Australia, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth (%)

68

Table 35. RTLS Market in Rest of Asia-Pacific, Market Size (US$ million), 2014 – 2022and Y-o-Y

Growth (%) 68

Table 36. Asia-Pacific RTLS Market Size (US$ million), By Type (2014 – 2022) ................................ 69

Table 37. Asia-Pacific RTLS Market Size (US$ million), By Technology (2014 – 2022) ..................... 69

Table 38. Asia-Pacific RTLS Market Size (US$ million), By Industry (2014 – 2022) ........................... 70

Table 39. Rest of World RTLS Market Size (US$ million), By Region (2014 – 2022) ......................... 73

Table 40. RTLS Market in Middle East & Africa, Market Size (US$ million), 2014 – 2022 and Y-o-Y

Growth (%) 74

Table 41. RTLS Market in Latin America, Market Size (US$ million), 2014 – 2022 and Y-o-Y Growth

(%) 74

Table 42. Rest of World RTLS Market Size (US$ million), By Type (2014 – 2022) ............................ 74

Table 43. Rest of World RTLS Market Size (US$ million), By Technology (2014 – 2022) .................. 75

Table 44. Rest of World RTLS Market Size (US$ million), By Industry (2014 – 2022) ....................... 76

Table 45. List of Acronyms ................................................................................................................ 94

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List of Figures

Figure 1. Research Methodology ..................................................................................................... 18

Figure 2. RTLS Market, By Industry, Technology, Geography, and Type ......................................... 20

Figure 3. Global RTLS Market Revenue and Trend .......................................................................... 24

Figure 4. Global RTLS Market Share (%), By Type, 2016 & 2022 ..................................................... 26

Figure 5. Global RTLS Market Share (%), By Technology, 2016 & 2022 ........................................... 26

Figure 6. Global RTLS Market Share (%), By Industry, 2016 & 2022 ................................................ 27

Figure 7. Global RTLS Market Share (%), By Geography, 2016 & 2022 ........................................... 27

Figure 8. RTLS Value Chain Analysis ................................................................................................. 31

Figure 9. RTLS Ecosystem ................................................................................................................. 32

Figure 10. Supply Chain in RTLS Market......................................................................................... 33

Figure 11. Global RTLS Market Share (%), By Type, 2016 & 2022 ................................................. 34

Figure 12. Global RTLS Market Size (US$ million), By Type 2016 & 2022 ...................................... 35

Figure 13. Global RTLS Market Share (%), By Technology, 2016 & 2022 ....................................... 37

Figure 14. Global RTLS Market Size (US$ million), By Technology, 2016 & 2022 .......................... 38

Figure 15. Global RTLS Market Size (US$ million), By Industry, 2016 & 2022 ............................... 43

Figure 16. Healthcare Market Share (%), By Geography ............................................................... 44

Figure 17. Transportation & Logistics Market Share (%), By Geography ....................................... 45

Figure 18. Manufacturing Market Share (%), By Geography ......................................................... 46

Figure 19. Process Industries Market Share (%), By Geography .................................................... 47

Figure 20. Hospitality Market Share (%), By Geography ................................................................ 48

Figure 21. Defense Market Share (%), By Geography .................................................................... 49

Figure 22. Retail Market Share (%), By Geography ........................................................................ 50

Figure 23. Education Market Share (%), By Geography ................................................................. 51

Figure 24. Other Industries Market Share (%), By Geography ....................................................... 52

Figure 25. Global RTLS Market Share (%), By Geography, 2016 & 2022 ....................................... 53

Figure 26. Global RTLS Market Size (US$ million), By Geography, 2016 & 2022 ........................... 54

Figure 27. North America RTLS Market Share (%), By Country, 2016 & 2022 ............................... 55

Figure 28. North America RTLS Market Size (US$ million), By Country, 2016 & 2022 .................. 56

Figure 29. North America RTLS Market Share (%), By Industry, 2016 & 2022 .............................. 58

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Figure 30. North America RTLS Market Size (US$ million), By Industry (2014 – 2022) ................. 59

Figure 31. Europe RTLS Market Share (%), By Country, 2016 & 2022 ........................................... 60

Figure 32. Europe RTLS Market Size (US$ million), By Country, 2016 & 2022............................... 61

Figure 33. Europe RTLS Market Share (%), By Industry, 2016 & 2022 ........................................... 64

Figure 34. Europe RTLS Market Size (US$ million), By Industry (2014 – 2022) ............................. 65

Figure 35. Asia-Pacific RTLS Market Share (%), By Country, 2016 & 2022 .................................... 66

Figure 36. Asia-Pacific RTLS Market Size (US$ million), By Country, 2016 & 2022 ........................ 67

Figure 37. Asia-Pacific RTLS Market Share (%), By Industry, 2016 & 2022 .................................... 70

Figure 38. Asia-Pacific RTLS Market Size (US$ million), By Industry (2014 – 2022) ....................... 71

Figure 39. Rest of World RTLS Market Share (%), By Region, 2016 & 2022 .................................. 72

Figure 40. Rest of World RTLS Market Size (US$ million), By Region, 2016 & 2022 ...................... 73

Figure 41. Rest of World RTLS Market Share (%), By Industry, 2016 & 2022 ................................ 75

Figure 42. Rest of World RTLS Market Size (US$ million), By Industry (2014 – 2022) ................... 76

Figure 43. Market Positioning of Key players ................................................................................ 77

Figure 44. RTLS Market Snapshot .................................................................................................. 93

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2 MARKET OVERVIEW

2.1 Definitions

Real-time location system (RTLS) is used to identify and track the location of people

or objects in real time. Primarily, the location of people or asset can be identified

within a premises. For example, a RTLS system can identified medical device or

equipment in hospital.

RTLS fixed reference points and tags can be receivers, transmitters or both. Real

time location systems integrate with a system that offers active or passive

information of location. In addition, this system is specially used in various logistics

and warehouse companies to identify and track exact position of automobiles.

In the report, global RTLS market has been categorized with respective segments;

as type, end-user, and geography.

Hardware, Software and Service

By type, the global market is divided into three types of markets as hardware,

software, and service. The hardware market is traced from the ground of infrared

tags, badges, and other input and output (reader or transmitter) devices through

which the whole process get executed and resulted in the desired form of location

tracking. Additionally, software segment is traced from various solutions such as

warehouse management, location, hospitality, and others. Service market is derived

with various RTLS maintenance services as repairing, replacement, and up-

gradation of hardware and software.

Technology With respect to technology, the global RTLS market is divided into various

technologies such as RFID, Wi-Fi, Ultrasound, Infrared, ZigBee, Ultra-Wideband

(UWB), and others. Through wireless configuration, ultrasound RTLS system

provides distinct product movement in specific zones. Additionally, ZigBee tiny

transmitter are tagged into devices in a standardized format and all are attached to

one central computer network. All these types of technologies help in RTLS

enhancement with their ever developing nature and have gained momentum in

RTLS market.

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2.2 Research Methodology

We utilize a mix of primary research, secondary research, and machine learning

algorithms to generate comprehensive data about market sizes and revenue

forecasts. Our primary focus on continuous market tracking, rigorous fact-checking,

data-triangulation, and multiple layers of quality control ensures high-quality data that

can be leveraged for actionable research insights.

2.2.1 Primary Data

Structured interviews with industry specialists, VPs, CEOs, directors, technology

consultants were taken in order to collect the key primary data. The primary data is

focused on both the demand and supply sides of the market. Market Engineering

has been carried out from the data and excessive analysis has been done on it.

Primary data is also extensively considered while validating the secondary data.

Perspective Primary Research

Supply Side

Manufacturers

Wholesalers

Distributors

Demand Side End-users

Consumers

Report Parameters Primary Sources

Key Industry Participants (KPIs)

Suppliers

Government Agencies

Regulatory Bodies

Research & Development Companies

Investment Research Companies

Business Consulting Service Providers

Academic Institutions/Universities

Venture Capitalists

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2.2.2 Secondary Data

The data from important secondary sources is utilized to obtain industry supply

chains, company profiles, and other key areas such as market drivers, opportunities,

trends from the market perspective. In addition, secondary data is gathered using

paid databases such as Bloomberg, Hoovers, Factiva, and government publishing

sources.

Report Parameters Perspective Secondary Research

Market Size, Revenue,

Industry Analysis, Value

Chain Analysis,

Technology Roadmap,

Premium Industry

Trends, End-user

Analysis, Market

Segmentation,

Geographic Analysis, Key

Market Players,

Competitive Landscape

Supply Side

Company Annual Reports

SEC Filings

Financial Journals

Trade Journals

Market Journals

Press Releases

Directories

White Papers

Company Websites

Magazines

Demand Side Case Studies

Customer References

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2.2.3 Machine Learning

In addition to assigning weights to all the relevant market parameters, to quantify

their market impact for generating projected market growth rate, we use advanced

machine learning algorithms to collate essential market data. The machine learning

method utilizes algorithms such as regression, correlation and decision tree, among

others, to derive the desired output.

Perspective Advantages of Machine Learning-based Forecasts

Using Machine Learning for Data

Forecast

Unlimited Data

Highly Detailed Forecasts

Profound Knowledge of Demand

Broad applicability

Customizable Model Identifies Drivers

Analysis - Product, Value Chain, Supply Chain,

Competitor

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2.2.4 Research Scope

We have utilized the top-down, bottom-up approach to study the market size,

industry dynamics, key regional markets, and major market trends. The global

market has been estimated by integrating the regional markets, estimating the

market data for the base year 2015 and annual share and revenue forecasts to 2022

in US$.

Figure 1. Research Methodology

Global

Market Size

Market-specific Revenues of Key Players

Total Revenues of Key Players

Global Market Size

Segment-specific Market Size

Regional

Market

Size

Bottom-up

Top-down

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2.2.5 Years Considered

Market Specifics Report Scope

Historical Year 2014

Base Year 2015

Estimated Year 2016

Forecast Period 2016-2022

Revenue Currency US$

2.2.6 Currency & Pricing

The currency used in the report is the U.S. dollars, with market size indicated in US$

million and US$ billion.

Revenue is obtained from the annual company reports (For all the companies

reporting their revenue in US$)

Revenue is converted as per the annual currency exchange rate for that

particular year (For the companies reporting their revenue in currencies other

than US$)

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2.3 Market Segmentation

Figure 2. RTLS Market, By Industry, Technology, Geography, and Type

Source: Scalar Market Research Analysis

2.4 Key Objectives & Benefits of the Report

2.4.1 Objectives of the Report

To offer in-depth information about the key market drivers and restraints

influencing the growth of this market during the forecast period

RTLS MARKET

Healthcare

Transportation & Logistics

Manufacturing

Process Industries

Hospitality

Defense

Retail

Education

Other Industries

RFID

Wi-Fi

Ultrasound

Infrared

ZigBee

UWB

Others

North America

Europe

Asia-Pacific

Rest of World

Hardware

Software

Service

TECHNOLOGY GEOGRAPHYINDUSTRY TYPE

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To analyze the major challenges and opportunities expected to play crucial

role in the revenue and market size growth of the key players in this market

To forecast the market size, in terms of the market size and revenue for all its

segments with respect the major geographic regions including North America,

Europe, Asia-Pacific, Rest of World (Middle East & Africa, and Latin America)

To comprehensively analyze the strategic developments such as mergers &

acquisition, new product launches, business expansions, and the new

business agreements in the RTLS market

To define the high-growth segments of the market and offer in-depth analysis

of the competitive landscape in the market for various key players

2.4.2 Key Benefits of the Report

In-depth analysis of the market segments that will showcase the greatest

growth potential

Deeper understanding of the behavior of the key players and innovators

influencing this market

Granular understanding of the historical market trend and the resultant market

forecast

Information about the technological advancements influencing the growth of

the global market

Extensive evaluation of all the market dynamics that will impact this market

during the forecast period

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3 EXECUTIVE SUMMARY

The objective of this report is to describe the market trends and revenue forecasts

for the RTLS market for the next six years. The report focuses on defining and

describing the key influencing factors for the growth of the market. It also offers an

in-depth analysis of the market size (revenue), market share, major market

segments, different geographic regions, key market players, and premium industry

trends.

The report tracks the major market events including product launches, technological

developments, mergers & acquisitions, and the innovative business strategies opted

by key market players. Along with strategically analyzing the key micro markets, the

report also focuses on industry-specific drivers, restraints, and opportunities in the

physical security market. The scope of this report covers the RTLS market by its

major segments, which include the type, technology, industry, and the major

geographic regions.

Real-time location system (RTLS) was commercialized in 90s in hospitals with the

requirement of location monitoring system. RTLS is a growing technology since then

and its expand its presence to many industries such as, defense, hospitality,

transportation, retail and many others. The advantage offered by real-time location

system (RTLS) are enormous, despite the challenge of high initial investment.

Therefore, supplier of these solutions are gaining momentum on this and

successfully increases their footprint in to other industries as well. The data

generated by logs of RTLS systems huge and monetizing the same helps the

organization to garner the holistic benefits of the real-time location system.

Moreover, industry also demands a solution which can track the complete life cycle

of a product in real-time right from its assembling to its position on the shelf. On the

other hand, privacy and data security is always a matter of discussion among the

various industry stakeholder.

Disruptive technologies are driving the whole world & RTLS will have no escape in

this regard. Innovative technologies such as ZigBee, Ultra-Wideband, RFID and

many others proved as core driving trends in the RTLS market. Moreover, with

recent technological advancements for passive ultra-wideband RTLS technology, the

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competitive landscape of RTLS has been changed from both cost and precision

perspective, as passive UWB RTLS tags currently do not require batteries for their

operation.

The multi-dimensional applications are the major trends seen in the global RTLS

market. Emphasis on productivity, improving supply chain, reduction of inventory

turnover time, efficient movement of logistics in business organization, and

manufacturing units are the key factors enhancing demand of RTLS market.

Trending cloud-based deployment model in RTLS solutions could account for a

sophisticated trend in this particular market. Optimum utilization of resource and

operational efficiency is a pressing need of the manufacturing industry. In recent

years security and surveillance need has increased in several government sectors

such as homeland security, defense, federal offices, military, prisons, detention

centers, and many others. RTLS's distinct applications, such as asset monitoring,

area surveillance, and record keeping capability in supply chain process have

improved the demand of RTLS.

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Figure 3. Global RTLS Market Revenue and Trend


28.5%

29.0%

29.5%

30.0%

30.5%

31.0%

31.5%

32.0%

32.5%

-

1,000.0

2,000.0

3,000.0

4,000.0

5,000.0

6,000.0

2014 2015 2016 2017 2018 2019 2020 2021 2022

Y-o

-Y G

row

th R

ate

Mar

ket

Size

(U

S$ M

illio

n)

Market Size Y-o-Y Growth Rate

CAGR: 31.6%

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Market at Glance

Global RTLS market to reach US$ XX million by 2022

The dominance of hardware market in type segment is anticipated to seen in

upcoming years

Healthcare in industry segment with a market share of around XX%

Manufacturing in the same industry segment to be the fastest growing with a

CAGR of XX% in the forecasted period

U.S. dominates the market among the geography, as a result North America is

anticipated to continue the dominance over the market till 2022

Asia-Pacific is expected to see significant growth and reach US$ XX million by

2022

Table 1. Global RTLS Market – Executive Summary

Global RTLS Market Market Size (US$ Millions) CAGR%

(2016 – 2022) 2016 2022

Total 1047.7 5436.2 31.6%

Typ

e

Largest Segment, by Revenue - Hardware

Fastest Growing Segment - Service

Tech

no

logy

Largest Segment, by Revenue - Wi-Fi

Fastest Growing Segment - UWB

Ind

ust

ry Largest Segment, by Revenue - Healthcare

Fastest Growing Segment - Manufacturing

Geo

grap

hy Largest Segment, by Revenue -

North America

Fastest Growing Segment - APAC


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4 MARKET DYNAMICS

4.1 Drivers

Table 2. Global RTLS Market Drivers

Drivers 2014-16 2017- 19 2020-22

Elevating traction for UWB and ZigBee technologies


Note: ● Very High Impact, ◕High Impact, ◑Medium Impact

Elevating traction for UWB and ZigBee technologies

o The market recognized the rising adoption of UWB and ZigBee

technologies in RTLS solutions. This is owing to high degree of

accuracy in asset tracking and management provided by these

technologies.

o ZigBee addresses the specific needs of sensory network and remote

control and monitoring applications using the IEEE 802.15.4 standard.

Moreover, it enables wide deployment of wireless networks with low

power and low cost solutions.

o As passive UWB RTLS tags currently do not require batteries for their

operation and making cost effective, the RTLS market is moving

towards more competitiveness with improved precision and reduced

cost.

Demand of optimum resource allocation

o Emphasis on productivity, improving supply chain, reduction of

inventory turnover time, efficient movement of logistics in business

organization, along with manufacturing units are the key factors

enhancing demand of RTLS market.

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5 INDUSTRY ANALYSIS

5.1 Value Chain Analysis

Figure 8. RTLS Value Chain Analysis


Value chain of the global RTLS market comprises several key processes, such as:

Solution Provision

Staff Monitoring

Asset Tracking

Industry Verticals

Solution Provider•Staff Monitoring•Asset Tracking

End-user Industry

RTLS Providers

Industry

• Manufacturing• Retail

• Defense

• Others

• Process Industries

• Healthcare

• Transportation & Logistics

• Zebra Technologies Corp.•Ubisense Group•AiRISTA Flow

• Identec Group AG

•Stanley Healthcare•AwarepointCorporation• Centrak Inc.

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6 RTLS MARKET, BY TYPE

6.1 Overview

The RTLS market is primarily segmented into three types of offerings as, hardware,

software and service. According to the analysis, it is expected that the hardware

holds the majority of the market share and will remain the same over the forecasted

period. The software market was valued US$ XX million in 2015, and expected to

reach US$ XX million by 2022. However, Service segment is expected to grow at a

fastest CAGR of XX%, as consumers are looking to for holistic RTLS solutions.

The said market is driven by advantages offered by RTLS system, and process

optimization through deployment of said technology into different industries.

Development of cloud-based RTLS system and data monetization further enabling

the growth of the market.

Figure 11. Global RTLS Market Share (%), By Type, 2016 & 2022


Table 3. Global RTLS Market Size (US$ million), By Type (2014 – 2022)

Type 2014 2015 2016 2017 2018 2019 2020 2021 2022 CAGR%(2016-2022)

Hardware

Software

Service

Total

31.6%


39.6%

29.8%

30.6%

2016

36.9%

29.2%

33.9%

2022

Hardware

Software

ServiceSAMPLE

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Figure 12. Global RTLS Market Size (US$ million), By Type 2016 & 2022


6.2 Hardware

RTLS market has hardware components like tags and reader or

transmitter, and software platforms like W-LAN systems. The price of the

tags and readers varies as per their range and technology. RTLS

technology functions with several hardware components like tags or

wedges and transmitter or readers.

One of the leading company of RTLS market "Ubisense" offers wide range

of tags depending on various parameters like dimensions, power source,

peripheral interfaces, mounting options, battery life, and many more.

Location engine component enables rapid and consistent communication

along with easy interfacing of software applications.

414.8 311.8 321.0

2,006.1

1,588.8

1,841.3

Hardware Software Service

US$

Mil

lio

n

2016 2022

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7 RTLS MARKET, BY TECHNOLOGY

7.1 Overview

In the present time, RTLS is attaining significant growth rate as the RTLS

technologies are having numerous advantages such as high accuracy (upto 10 cm),

and tracking of multiple tags in the specific zone, less interference with other signals

and it meets HIPAA standards for privacy in healthcare applications. Growing

investments in RTLS technology along with advanced technical features are

important factors driving the raid market.

The primary technologies in RTLS are RFID, Wi-Fi, Ultrasound, Infrared, ZigBee,

UWB, and others. Among these, Wi-Fi technology is expected to hold the majority of

market share, and is anticipated to reach US$ XX million by 2022. UWB based RTLS

solutions is expected to grow at highest CAGR of XX% followed by RFID during the

forecast period. Accuracy, tag density, insulation from electromagnetic interference

(EMI) are some key benefits which enables the growth of UWB based RTLS

solutions.

Figure 13. Global RTLS Market Share (%), By Technology, 2016 & 2022


23.5%

41.8%

8.0%

11.2%

3.9%

9.3%2.3%

2016

25.7%

40.3%

7.8%

10.4%

3.3%

10.3%

2.2%

2022

RFID

Wi-Fi

Ultrasound

Infrared

ZigBee

UWB

Others

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8 RTLS MARKET, BY INDUSTRY

8.1 Overview

The real-time location system (RTLS) market in manufacturing is expected to

register the highest growth rate as this investment garner high return on investment

(ROI) in quick payback time. It can be deployed across the enterprise or to a single

location as well. The deployment of RTLS system helps to reduce inventory, labour,

transportation, and administrative costs. Wi-Fi and RFID are the most used RTLS

technology into manufacturing segment and such solution are offered by Zebra

Technologies Corporation, Awarepoint Corporation, and few others.

Among all the industry verticals, Healthcare is expected to hold major chunk of the

market share with a CAGR of XX%. However Manufacturing industry is anticipated

to grow at higher CAGR of XX% and is believed to reach US$ XX million by 2022.

Table 5. Global RTLS Market Share (%), By Industry, 2016 & 2022


42.4%

8.8%18.1%

7.8%

4.4%

9.2%

4.3%

2.7%

2.3%

201643.1%

8.9%

20.1%

7.3%

3.7%

10.1%

3.5%

2.2%

1.1%

2022

Healthcare

Transportation & Logistics

Manufacturing

Process Industries

Hospitality

Defense

Retail

Education

Others

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9 RTLS MARKET, BY GEOGRAPHY

9.1 Overview

The RTLS is attaining high growth in both developed and developing countries. The

global RTLS market is segmented into several geographical regions such as North

America, Europe, Asia-Pacific, and Rest of World. Among these North America is the

biggest market holding approximately XX% of the total RTLS market and anticipated

to maintain the same position over the forecasted period.

However, industrial manufacturing, transportation, retail & ecommerce industries are

expected to drive the growth for Real-time location system market in Asia-Pacific.

The said market is expected to grow at highest CAGR XX% among other region

between 2016 and 2022.

Figure 25. Global RTLS Market Share (%), By Geography, 2016 & 2022


39.7%

27.3%

17.5%

15.5%

2016

38.8%

25.8%

19.6%

15.9%

2022

North America

Europe

Asia- Pacific

RoWSAMPLE

54

Table 16. Global RTLS Market Size (US$ million), By Geography (2014 – 2022)

Geography 2014 2015 2016 2017 2018 2019 2020 2021 2022

CAGR%

(2016-2022)

North America

Europe

Asia- Pacific

RoW

Total

31.6%


Figure 26. Global RTLS Market Size (US$ million), By Geography, 2016 & 2022


415.6

286.4 183.0 162.7

2,107.0

1,400.9

1,066.6

861.7

North America Europe Asia- Pacific RoW

USD

Mill

ion

2016 2022

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10 COMPETITIVE LANDSCAPE

10.1 Market Positioning

Figure 43. Market Positioning of Key players


The above figure represents market positioning of key players in the RTLS market.

The positioning is derived through adequate study based upon product

diversification, industry penetration, and recent strategic developments. Product

diversification range is analyzed with study of various product categories and type of

services offered by the respective vendors. Additionally, applications serving multiple

industry verticals are accounted for the scale of industry penetration. However,

business development strategies including cross border partnerships, new product

launch and acquisitions are the key factors involved in the decision making of

strategic development.

Zebra Technologies Corporation Stanley Healthcare Savi Technology, Inc.

Teletracking Technologies, Inc. Ubisense Group AiRISTA Flow

Identec Group AG Centrak Inc. Awarepoint Corporation

High

Hig

hLo

w

Low

Ind

ust

ry P

enet

rati

on

Product Diversification

(The size of the bubble represents Strategic Development)

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13 APPENDIX

13.1 Acronyms

Table 45. List of Acronyms

Acronym Expansion

APAC Asia-Pacific

CAGR Compound Annual Growth Rate

Corp. Corporation

Inc. Incorporated

IoT Internet of Things

MEA Middle East & Africa

NA Not Available

RFID Radio-frequency identification

RoW Rest of World

RTLS Real Time Location System

U.K. United Kingdom

U.S. / USA United States of America

UWB Ultra-Wide Band

Y-o-Y Year on year


SAMPLE