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North America Real-Time Location Systems Market

2021

North America Real-Time Location Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Hardware, Software, and Services), Technology (Radio Frequency Identification (RFID), Ultra-wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS, and Others), Industry Vertical (Heavy Industries, Manufacturing, Retail, Oil and Gas, Automotive, Construction, Government and Defense, Education, and Others), and Application (Personnel/Staff Locating and Monitoring, Access Control and Security, Environmental Monitoring, Warehouse Management and Monitoring, Supply Chain Management and Operational Automation/Visibility, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025557 | No. of Pages: 153 | Category: Technology, Media and Telecommunications | Status: Published

Market Insights

North America Real-Time Location Systems Market Market to Grow at a CAGR of 21.3% to reach US$ 5081.53 million from 2021 to 2028

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The real-time location systems market in North America is expected to grow from US$ 1317.97 million in 2021 to US$ 5081.53 million by 2028; it is estimated to grow at a CAGR of 21.3% from 2021 to 2028.


The US, Canada, and Mexico are economies in North America. A real-time location system helps monitor and locate the objects and interactions as they happen. The system utilizes various technologies, such as Wi-Fi, Bluetooth, infrared, and RFID, to establish communication. However, end users from numerous industries, such as logistics, manufacturing, healthcare, automotive, and entertainment, are increasingly shifting toward the use of ultra-wideband (UWB) based real-time location systems. The ultra-wideband (UWB) Hardware offers accurate positioning details of assets/personnel/objects, which is one of the major factors driving the adoption of ultra-wideband (UWB) based real-time location systems. Also, the ultra-wideband (UWB) provides a higher range and accuracy along with lower power consumption than other real-time location system technologies, such as RFID, Bluetooth, Wi-Fi, infrared, which has led to an increase in penetration in high accuracy applications. The cost of the Hardware was restraining the adoption of the ultra-wideband (UWB) based real-time location system. However, lately, the cost has gradually declined over the last few years, which is driving the growth of the real-time location system.

The US, Canada, and Mexico have witnessed a significant rise in the number of COVID-19 infected patients. This led the governments to impose lockdowns to limit human movement, thereby leading the manufacturing facilities to experience lower than usual production volumes. The lower production volumes have had severe impacts on supply chain and logistics service providers. The US has one of the largest supply chain and logistics sector across the. Moreover, real-time location system market players in region operating with limited workforce and the scheduled deliveries of real-time location system was affected and market players did prioritize the deployment of real-time location system to healthcare institution in 2020. However, as vaccination drive was initiated, and containment measure were relaxed the real-time location system market started to gain traction in 2021.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the real-time location systemsmarket. The North America real-time location systems market is expected to grow at a good CAGR during the forecast period.

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North America Real-Time Location Systems Market Segmentation

North America Real-Time Location Systems Market – By Offering

  • Hardware
    • Tags/Badges
    • Readers/Trackers/Access Points
    • Others
  • Software
  • Services

North America Real-Time Location Systems Market – By Technology

  • Radio Frequency Identification (RFID)
  • Ultra-wideband (UWB)
  • Bluetooth Low Energy (BLE)
  • Ultrasound
  • Infrared (IR)
  • GPS
  • Others

North America Real-Time Location Systems Market – By Industry Vertical

  • Heavy Industries
  • Manufacturing
  • Retail
  • Oil and Gas
  • Automotive
  • Construction
  • Government and Defense
  • Education
  • Others

North America Real-Time Location Systems Market – By Application

  • Personnel/Staff Locating and Monitoring
  • Access Control and Security
  • Environmental Monitoring
  • Warehouse Management and Monitoring
  • Supply Chain Management and Operational Automation/Visibility
  • Others

North America Real-Time Location Systems Market- By Country

  • US
  • Canada
  • Mexico

North America Real-Time Location Systems Market-Companies Mentioned

  • AiRISTA Flow Inc.
  • Aruba Networks
  • Decawave Limited
  • Impinj, Inc.
  • Siemens AG
  • Sonitor Technologies AS
  • Stanley Black & Decker, Inc.
  • TeleTracking Technologies Inc
  • Ubisense
  • Zebra Technologies Corporation

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Real-Time Location Systems Market Landscape

4.1 Market Overview

4.2 North America PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. North America Real-Time Location Systems Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Deployment of Ultra-Wideband (UWB) Based Real-Time Location System

5.1.2 Flourishing Ecommerce Industry

5.2 Market Restraints

5.2.1 Security Concerns Regarding Tag Hardware

5.3 Market Opportunities

5.3.1 Need for Social Distancing and Contact Tracing Due COVID-19 Pandemic

5.4 Future Trends

5.4.1 Emergence of IoT and Industry 4.0

5.5 Impact Analysis of Drivers and Restraints

6. Real-Time Location Systems Market – North America Analysis

6.1 North America Real-Time Location Systems Market Overview

6.2 Real-Time Location Systems Market –Revenue and Forecast to 2028 (US$ Million)

7. North America Real-Time Location Systems Market Analysis – By Offering

7.1 Overview

7.2 Real-Time Location Systems Market, By Offering (2020 and 2028)

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.1 Tags/Badges

7.3.2.1.1 Overview

7.3.2.1.2 Tags/Badges: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.2 Readers/Trackers/Access Points

7.3.2.2.1 Overview

7.3.2.2.2 Readers/Trackers/Access Points: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.3 Others

7.3.2.3.1 Overview

7.3.2.3.2 Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Services

7.5.1 Overview

7.5.2 Services: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

8. North America Real-Time Location Systems Market – By Technology

8.1 Overview

8.2 Real-Time Location Systems Market, by Technology (2020 and 2028)

8.3 Radio Frequency Identification (RFID)

8.3.1 Overview

8.3.2 Radio Frequency Identification (RFID): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Ultra-Wideband (UWB)

8.4.1 Overview

8.4.2 Ultra-Wideband (UWB): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Bluetooth Low Energy (BLE)

8.5.1 Overview

8.5.2 Bluetooth Low Energy (BLE): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Ultrasound

8.6.1 Overview

8.6.2 Ultrasound: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Infrared (IR)

8.7.1 Overview

8.7.2 Infrared (IR): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.8 GPS

8.8.1 Overview

8.8.2 GPS: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

8.9 Others

8.9.1 Overview

8.9.2 Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Real-Time Location Systems Market – By Industry Vertical

9.1 Overview

9.2 Real-Time Location Systems Market, by Industry Vertical (2020 and 2028)

9.3 Heavy Industries

9.3.1 Overview

9.3.2 Heavy Industries: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Manufacturing

9.4.1 Overview

9.4.2 Manufacturing: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Retail

9.5.1 Overview

9.5.2 Retail: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Oil and Gas

9.6.1 Overview

9.6.2 Oil and Gas: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Automotive

9.7.1 Overview

9.7.2 Automotive: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Construction

9.8.1 Overview

9.8.2 Construction: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.9 Government and Defense

9.9.1 Overview

9.9.2 Government and Defense: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.10 Education

9.10.1 Overview

9.10.2 Education: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.11 Others

9.11.1 Overview

9.11.2 Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

10. North America Real-Time Location Systems Market – By Application

10.1 Overview

10.2 Real-Time Location Systems Market, by Application (2020 and 2028)

10.3 Personnel/Staff Locating and Monitoring

10.3.1 Overview

10.3.2 Personnel/Staff Locating and Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.4 Access Control and Security

10.4.1 Overview

10.4.2 Access Control and Security: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.5 Environmental Monitoring

10.5.1 Overview

10.5.2 Environmental Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.6 Warehouse Management and Monitoring

10.6.1 Overview

10.6.2 Warehouse Management and Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.7 Supply Chain Management and Operational Automation/Visibility

10.7.1 Overview

10.7.2 Supply Chain Management and Operational Automation/Visibility: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

10.8 Others

10.8.1 Overview

10.8.2 Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

11. North America Real-Time Location Systems Market – Country Analysis

11.1 Overview

11.1.1 North America: Real-Time Location Systems Market- by Key Country

11.1.1.1 US: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 US: Real-Time Location Systems Market- by Offering

11.1.1.1.1.1 US: Real-Time Location Systems Market- By Hardware

11.1.1.1.2 US: Real-Time Location Systems Market- By Technology

11.1.1.1.3 US: Real-Time Location Systems Market- By Industry

11.1.1.1.4 US: Real-Time Location Systems Market- By Application

11.1.1.2 Canada: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 Canada: Real-Time Location Systems Market- by Offering

11.1.1.2.1.1 Canada: Real-Time Location Systems Market- by Hardware

11.1.1.2.2 Canada: Real-Time Location Systems Market- By Technology

11.1.1.2.3 Canada: Real-Time Location Systems Market- By Industry

11.1.1.2.4 Canada: Real-Time Location Systems Market- By Application

11.1.1.3 Mexico: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Mexico: Real-Time Location Systems Market- by Offering

11.1.1.3.1.1 Mexico: Real-Time Location Systems Market- by Hardware

11.1.1.3.2 Mexico: Real-Time Location Systems Market- By Technology

11.1.1.3.3 Mexico: Real-Time Location Systems Market- By Industry

11.1.1.3.4 Mexico: Real-Time Location Systems Market- By Application

12. Impact of COVID-19 Pandemic on North America Real-Time Location Systems Market

12.1 Overview

13. Industry Landscape

13.1 Overview

13.2 Market Initiative

13.3 Merger and Acquisition

13.4 New Development

14. Company Profiles

14.1 Aruba Networks

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 AiRISTA Flow Inc.

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 Decawave Limited

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Impinj, Inc.

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Siemens AG

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 Zebra Technologies Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Sonitor Technologies AS

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Stanley Black & Decker, Inc.

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 TeleTracking Technologies Inc

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Ubisense

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. North America Real-Time Location Systems Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2. US: Real-Time Location Systems Market- by Offering –Revenue and Forecast to 2028 (US$ Million)

Table 3. US: Real-Time Location Systems Market- By Hardware –Revenue and Forecast to 2028 (US$ Million)

Table 4. US: Real-Time Location Systems Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Real-Time Location Systems Market- By Industry –Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Real-Time Location Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 7. Canada: Real-Time Location Systems Market- by Offering –Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Real-Time Location Systems Market- by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Real-Time Location Systems Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: Real-Time Location Systems Market- By Industry –Revenue and Forecast to 2028 (US$ Million)

Table 11. Canada: Real-Time Location Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico: Real-Time Location Systems Market- by Offering –Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico: Real-Time Location Systems Market- by Hardware – Revenue and Forecast to 2028 (US$ Million)

Table 14. Mexico: Real-Time Location Systems Market- By Technology –Revenue and Forecast to 2028 (US$ Million)

Table 15. Mexico: Real-Time Location Systems Market- By Industry –Revenue and Forecast to 2028 (US$ Million)

Table 16. Mexico: Real-Time Location Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 17. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Real-Time Location Systems Market Segmentation

Figure 2. North America Real-Time Location Systems Market Segmentation – By Country

Figure 3. North America Real-Time Location Systems Market Overview

Figure 4. Hardware Tools Segment Held the Largest Market Share in 2020

Figure 5. Bluetooth Low Energy (BLE) Held the Largest Market Share in 2020

Figure 6. Retail Held the Largest Market Share in 2020

Figure 7. Personnel/Staff Locating and Monitoring Held the Largest Market Share in 2020

Figure 8. US was the Largest Revenue Contributor in 2020

Figure 9. North America – PEST Analysis

Figure 10. Real-Time Location Systems Market– Ecosystem Analysis

Figure 11. Expert Opinions

Figure 12. North America Real-Time Location Systems Market: Impact Analysis of Drivers and Restraints

Figure 13. North America Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. North America Real-Time Location Systems Market Revenue Share, by Offering (2020 and 2028)

Figure 15. North America Hardware: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. North America Tags/Badges: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. North America Readers/Trackers/Access Points: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. North America Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. North America Software: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. North America Services: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. North America Real-Time Location Systems Market Revenue Share, by Technology (2020 and 2028)

Figure 22. North America Radio Frequency Identification (RFID): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. North America Ultra-Wideband (UWB): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. North America Bluetooth Low Energy (BLE): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. North America Ultrasound: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. North America Infrared (IR): Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. North America GPS: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. North America Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. North America Real-Time Location Systems Market Revenue Share, by Industry Vertical (2020 and 2028)

Figure 30. North America Heavy Industries: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. North America Manufacturing: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. North America Retail: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. North America Oil and Gas: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. North America Automotive: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. North America Construction: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. North America Government and Defense: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. North America Education: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. North America Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. North America Real-Time Location Systems Market Revenue Share, by Application (2020 and 2028)

Figure 40. North America Personnel/Staff Locating and Monitoring -Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. North America Access Control and Security: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. North America Environmental Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43. North America Warehouse Management and Monitoring: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 44. North America Supply Chain Management and Operational Automation/Visibility: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45. North America Others: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46. North America: Real-Time Location Systems Market, by Key Country-Revenue 2020 (US$ Million)

Figure 47. North America: Real-Time Location Systems Market Revenue Share, by Key Country (2020 and 2028)

Figure 48. US: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. Canada: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50. Mexico: Real-Time Location Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51. Impact of COVID-19 Pandemic in North American Country Markets

  1. AiRISTA Flow Inc.
  2. Aruba Networks
  3. Decawave Limited
  4. Impinj, Inc.
  5. Siemens AG
  6. Sonitor Technologies AS
  7. Stanley Black & Decker, Inc.
  8. TeleTracking Technologies Inc
  9. Ubisense
  10. Zebra Technologies Corporation
  • leading players and segments in the North America Real-Time Location Systems market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America Real-Time Location Systems market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Real-Time Location Systems market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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