The North America Real-time Location Systems Market would witness market growth of 25.6% CAGR during the forecast period (2021-2027).
Real-time locating systems (RTLS) are used to detect and track the location of objects or persons in real time, commonly within a building or other enclosed environment. The share of the market of real-time location systems is increasing as the ability of real-time tracking in various business processes improves. Raised productivity, precision, and operational excellence are all benefits of these systems. Furthermore, among the RTLS technologies, RFID tags have seen an increase in demand in the healthcare industry, as RFID tags may be used for a variety of purposes, from tracking surgical tools to tracking patients & employees.
Patient flow or movement (hand-offs) between departments, such as from the emergency room to the radiology department, is monitored by giving each patient a unique tag to keep with him or her at all times. An analytic application records the number of times patients spend in each place. The hospital management can determine whether extra staff or equipment is needed at various departments and stages of the patient's journey by tracking the number of times patients take in various rooms and departments throughout the hospital.
RTLS technology is being used by electronic behemoths in the North American region. Impinj, for example, has released three next-generation RAIN RFID reader chips to help IoT device makers fulfill the growing need for item connectivity in retail, supply chain, and logistics. In addition, Tele Tracking Technologies also announced the debut of SynapseIQ, a powerful cloud-based analytics solution that provides enterprise-wide visibility and actionable insights for health systems using real-time data. The solution aids in improving employee accountability across enterprises, lowering operating expenses, and improving overall system performance.
In the year 2020, the United States' transportation system served significant amount of people, including individuals who do not own a car or travel infrequently. Transportation is utilized to go to and from work, purchase goods and services, communicate with family and friends, and travel to distant locations.
The US market dominated the North America Real-time Location Systems Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,269.8 million by 2027. The Canada market is estimated to grow at a CAGR of 28.5% during (2021 - 2027). Additionally, The Mexico market would display a CAGR of 27.4% during (2021 - 2027).
Based on Technology, the market is segmented into RFID, Ultra-Wideband, Wi-Fi, ZigBee, Infrared and Others. Based on Industry, the market is segmented into Healthcare, Manufacturing & Processing, Retail, Transportation & Logistics and Others. Based on Component, the market is segmented into Hardware, Software and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Real-time location systems Market is Estimated to reach $18.5 Billion by 2027, at a CAGR of 26.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Impinj, Inc., Zebra Technologies Corporation, Stanley Black & Decker, Inc., Cerner Corporation, Lockheed Martin Corporation, Hewlett Packard Enterprise Company, General Electric (GE) Co., Alien Technology, LLC, Tracktio, and Savi Technology, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- RFID
- Ultra-Wideband
- Wi-Fi
- ZigBee
- Infrared and
- Others
By Industry
- Healthcare
- Manufacturing & Processing
- Retail
- Transportation & Logistics and
- Others
By Component
- Hardware
- Software and
- Services
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Impinj, Inc.
- Zebra Technologies Corporation
- Stanley Black & Decker, Inc.
- Cerner Corporation
- Lockheed Martin Corporation
- Hewlett Packard Enterprise Company
- General Electric (GE) Co.
- Alien Technology, LLC
- Tracktio
- Savi Technology, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Real-time Location Systems Market, by Technology
1.4.2 North America Real-time Location Systems Market, by Industry
1.4.3 North America Real-time Location Systems Market, by Component
1.4.4 North America Real-time Location Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2017, Aug – 2022, Feb) Leading Players
Chapter 4. North America Real-time Location Systems Market by Technology
4.1 North America RFID Market by Country
4.2 North America Ultra-Wideband Market by Country
4.3 North America Wi-Fi Market by Country
4.4 North America ZigBee Market by Country
4.5 North America Infrared Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Real-time Location Systems Market by Industry
5.1 North America Healthcare Market by Country
5.2 North America Manufacturing & Processing Market by Country
5.3 North America Retail Market by Country
5.4 North America Transportation & Logistics Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Real-time Location Systems Market by Component
6.1 North America Hardware Market by Country
6.2 North America Software Market by Country
6.3 North America Services Market by Country
Chapter 7. North America Real-time Location Systems Market by Country
7.1 US Real-time Location Systems Market
7.1.1 US Real-time Location Systems Market by Technology
7.1.2 US Real-time Location Systems Market by Industry
7.1.3 US Real-time Location Systems Market by Component
7.2 Canada Real-time Location Systems Market
7.2.1 Canada Real-time Location Systems Market by Technology
7.2.2 Canada Real-time Location Systems Market by Industry
7.2.3 Canada Real-time Location Systems Market by Component
7.3 Mexico Real-time Location Systems Market
7.3.1 Mexico Real-time Location Systems Market by Technology
7.3.2 Mexico Real-time Location Systems Market by Industry
7.3.3 Mexico Real-time Location Systems Market by Component
7.4 Rest of North America Real-time Location Systems Market
7.4.1 Rest of North America Real-time Location Systems Market by Technology
7.4.2 Rest of North America Real-time Location Systems Market by Industry
7.4.3 Rest of North America Real-time Location Systems Market by Component
Chapter 8. Company Profiles
8.1 Impinj, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 Zebra Technologies Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.3 Stanley Black & Decker, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.4 Cerner Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.5 Lockheed Martin Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Geographical Expansions:
8.6 Hewlett Packard Enterprise Company (Aruba Networks)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 General Electric (GE) Co. (GE Healthcare)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Acquisition and Mergers:
8.8 Alien Technology, LLC
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.9 Tracktio
8.9.1 Company Overview
8.10. Savi Technology, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Real-time Location Systems Market, 2017 - 2020, USD Million
TABLE 2 North America Real-time Location Systems Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Real-time location systems Market
TABLE 4 Product Launches And Product Expansions – Real-time location systems Market
TABLE 5 Acquisition and Mergers – Real-time location systems Market
TABLE 6 Geographical Expansions – Real-time location systems Market
TABLE 7 North America Real-time Location Systems Market by Technology, 2017 - 2020, USD Million
TABLE 8 North America Real-time Location Systems Market by Technology, 2021 - 2027, USD Million
TABLE 9 North America RFID Market by Country, 2017 - 2020, USD Million
TABLE 10 North America RFID Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Ultra-Wideband Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Ultra-Wideband Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Wi-Fi Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Wi-Fi Market by Country, 2021 - 2027, USD Million
TABLE 15 North America ZigBee Market by Country, 2017 - 2020, USD Million
TABLE 16 North America ZigBee Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Infrared Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Infrared Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Real-time Location Systems Market by Industry, 2017 - 2020, USD Million
TABLE 22 North America Real-time Location Systems Market by Industry, 2021 - 2027, USD Million
TABLE 23 North America Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Manufacturing & Processing Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Manufacturing & Processing Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Retail Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Retail Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Transportation & Logistics Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Transportation & Logistics Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Real-time Location Systems Market by Component, 2017 - 2020, USD Million
TABLE 34 North America Real-time Location Systems Market by Component, 2021 - 2027, USD Million
TABLE 35 North America Hardware Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Hardware Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Software Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Software Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Real-time Location Systems Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Real-time Location Systems Market by Country, 2021 - 2027, USD Million
TABLE 43 US Real-time Location Systems Market, 2017 - 2020, USD Million
TABLE 44 US Real-time Location Systems Market, 2021 - 2027, USD Million
TABLE 45 US Real-time Location Systems Market by Technology, 2017 - 2020, USD Million
TABLE 46 US Real-time Location Systems Market by Technology, 2021 - 2027, USD Million
TABLE 47 US Real-time Location Systems Market by Industry, 2017 - 2020, USD Million
TABLE 48 US Real-time Location Systems Market by Industry, 2021 - 2027, USD Million
TABLE 49 US Real-time Location Systems Market by Component, 2017 - 2020, USD Million
TABLE 50 US Real-time Location Systems Market by Component, 2021 - 2027, USD Million
TABLE 51 Canada Real-time Location Systems Market, 2017 - 2020, USD Million
TABLE 52 Canada Real-time Location Systems Market, 2021 - 2027, USD Million
TABLE 53 Canada Real-time Location Systems Market by Technology, 2017 - 2020, USD Million
TABLE 54 Canada Real-time Location Systems Market by Technology, 2021 - 2027, USD Million
TABLE 55 Canada Real-time Location Systems Market by Industry, 2017 - 2020, USD Million
TABLE 56 Canada Real-time Location Systems Market by Industry, 2021 - 2027, USD Million
TABLE 57 Canada Real-time Location Systems Market by Component, 2017 - 2020, USD Million
TABLE 58 Canada Real-time Location Systems Market by Component, 2021 - 2027, USD Million
TABLE 59 Mexico Real-time Location Systems Market, 2017 - 2020, USD Million
TABLE 60 Mexico Real-time Location Systems Market, 2021 - 2027, USD Million
TABLE 61 Mexico Real-time Location Systems Market by Technology, 2017 - 2020, USD Million
TABLE 62 Mexico Real-time Location Systems Market by Technology, 2021 - 2027, USD Million
TABLE 63 Mexico Real-time Location Systems Market by Industry, 2017 - 2020, USD Million
TABLE 64 Mexico Real-time Location Systems Market by Industry, 2021 - 2027, USD Million
TABLE 65 Mexico Real-time Location Systems Market by Component, 2017 - 2020, USD Million
TABLE 66 Mexico Real-time Location Systems Market by Component, 2021 - 2027, USD Million
TABLE 67 Rest of North America Real-time Location Systems Market, 2017 - 2020, USD Million
TABLE 68 Rest of North America Real-time Location Systems Market, 2021 - 2027, USD Million
TABLE 69 Rest of North America Real-time Location Systems Market by Technology, 2017 - 2020, USD Million
TABLE 70 Rest of North America Real-time Location Systems Market by Technology, 2021 - 2027, USD Million
TABLE 71 Rest of North America Real-time Location Systems Market by Industry, 2017 - 2020, USD Million
TABLE 72 Rest of North America Real-time Location Systems Market by Industry, 2021 - 2027, USD Million
TABLE 73 Rest of North America Real-time Location Systems Market by Component, 2017 - 2020, USD Million
TABLE 74 Rest of North America Real-time Location Systems Market by Component, 2021 - 2027, USD Million
TABLE 75 Key Information – Impinj, Inc.
TABLE 76 Key information – Zebra Technologies Corporation
TABLE 77 Key Information – Stanley Black & Decker, Inc.
TABLE 78 key information – Cerner Corporation
TABLE 79 Key Information – Lockheed Martin Corporation
TABLE 80 key information – Hewlett Packard Enterprise Company
TABLE 81 Key Information – General Electric (GE) Co.
TABLE 82 Key Information – Alien Technology, LLC
TABLE 83 Key Information – Tracktio
TABLE 84 Key Information – Savi Technology, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2017, Aug – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: Impinj, Inc.
FIG 6 Recent strategies and developments: Zebra Technologies Corporation
FIG 7 Recent strategies and developments: Cerner Corporation
FIG 8 Recent strategies and developments: Lockheed Martin Corporation
FIG 9 Recent strategies and developments: Hewlett Packard Enterprise Company
FIG 10 SWOT analysis: Hewlett-Packard enterprise Company
FIG 11 Recent strategies and developments: General Electric (GE) Co.
FIG 12 Recent strategies and developments: Alien Technology, LLC