Global Real Time Location Systems Market Growth Analysis - Market Size, Share, Forecast Trends and Outlook Report (2025-2034)

Global Real Time Location Systems Market Growth

With the continuous growth of average warehouse size each year, the warehouse industry is witnessing an increasing demand for space over 181,370 sq. ft. By the end of 2024, 87% of managers involved in the warehousing industry intent to extend their warehousing units, with 77% of organisations shifting towards the implementation of automated warehousing systems to maximise data-based decision-making. This is expected to favourably impact the real time location systems market dynamics in the coming years.

Around 38% of all US warehousing companies are planning to integrate barcode scanners and SKUs (stock-keeping units) into their facilities, which can substantially reduce their labour costs (comprising 50%-70% of the company’s budget). Around 89% of all warehousing distribution centres rely on racks and shelves for inventory management. With the shift towards RLTS, companies can substantially streamline their operational workflows and enhance their productivity. This is expected to drive the real time location systems market expansion in upcoming years.

Over the forecast period, Wi-Fi-based RTLS are expected to become increasingly popular due to their cost-effectiveness and scalability, which makes them ideal for indoor environments such as hospitals and offices. This is expected to favour the demand for BLE (Bluetooth in Low Energy Tags) which are renowned for the development of proximity-based applications and low power consumption features.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Developments

Global Real Time Location Systems Market Trends

The increasing application of RTLS in the healthcare industry is expected to lead to the market growth. As per the real time location systems market analysis, healthcare professionals are 5 times more vulnerable to experiencing hostility at the workplace. This poses significant risks related to the incapacitation of people on duty. Around 44% of healthcare professionals prioritise workplace safety before choosing where to work.

Global Real Time Location Systems Industry Segmentation

Global Real Time Location Systems Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the market for RTLS in the Asia Pacific is estimated to grow at a CAGR of 28.2% due to the growth of the logistics industry. Moreover, the real time location systems market revenue is increasing due to the introduction of new hardware, software, and service offerings.

Leading Companies in the Global Real Time Location Systems Market

Other players included in the real time location systems market report are Zebra Technologies Corporation, Impinj, Inc., AiRISTA, Savi Technologies Inc., Halma plc, and Qorvo Inc., among others.