DELRAY BEACH, Fla., Aug. 29, 2025 /PRNewswire/ -- The global real-time location systems market is projected to grow from USD 6.68 billion in 2025 to USD 15.67 billion by 2030, at a CAGR of 18.6% according to a new report by MarketsandMarkets™. The rising demand for real-time tracking and visibility of assets and personnel across diverse sectors, including healthcare, education, oil & gas, and manufacturing, is fueling growth. Heightened safety and security requirements, particularly in critical environments, further accelerate adoption. Although RTLS solutions typically involve higher costs than conventional tracking methods, the market is becoming increasingly competitive due to the emergence of innovative startups and the availability of tailored, application-specific solutions that address industry-specific needs.

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Real-time Location Systems (RTLS) Market Scope:

The software offering is expected to hold a significant share in the RTLS market during the forecast period.

In the coming years, software components of RTLS solutions are expected to manage thousands of tools or objects in a fraction of a second. This requires the software platform to use a massive computation methodology and has a very high reliability at the Six Sigma level. RTLS software solutions are necessary for location tracking, asset tracking, and analytics purposes, and they can also manipulate data, which allows the examination of specific pieces of location, alerting, and non-location sensor information. This market provides two software products: standalone and full-stack RTLS solutions. Many companies use standalone asset tracking software, whereas the demand for full-stack RTLS solutions is gradually increasing. Technological advancements in information technology have led to the building of customized software platforms to meet clients' specific requirements. Moreover, the penetration of system applications and products (SAP) and enterprise resource planning (ERP) software for data processing applications in RTLS solutions helps build a robust platform. All these factors are expected to drive software market growth during the forecast period.

Wi-Fi technology is expected to hold a significant market share during the forecast period.

Wi-Fi is one of the most widely used wireless technologies in the RTLS market for healthcare because of its high compatibility, ease of installation, and availability. A location system based on Wi-Fi is popular because pre-existing Wi-Fi access points can be leveraged without additional hardware costs. Wi-Fi tags or smart devices with internal Wi-Fi radios can send signals to Wi-Fi access points in the area or vice versa. Several positioning indicators can be used to calculate the distance from the access points, depending on the number of Wi-Fi access points. Wi-Fi has a high connectivity range; however, high power consumption, high hardware cost, and low accuracy are the major factors that can restrain the adoption of this technology for RTLS solutions. Wi-Fi technology has played a significant role in RTLS solutions used by healthcare, retail, education, transport, and manufacturing sectors. Deploying RTLS solutions powered by Wi-Fi technology in healthcare facilities has provided significant benefits, as these solutions can use the existing infrastructure, which reduces the cost incurred for new installations. With increasing benefits and a better return on investment (ROI), the healthcare sector's acceptance rate of Wi-Fi–based RTLS solutions has increased significantly.

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North America will likely hold the largest share in the global real-time location system market during the forecast period.

The North American real-time location system (RTLS) industry, segmented into the US, Canada, and Mexico, is expected to maintain its dominant position throughout the forecast period, driven by its technological maturity and strong economic foundation. As one of the most advanced regions globally, North America has led the adoption of cutting-edge RTLS technologies for diverse real-time tracking applications. The region's leadership is strongly supported by a robust healthcare transformation, with hospitals and medical facilities rapidly integrating RTLS to enhance patient safety, asset utilization, and workflow efficiency. A well-established economy enables substantial investments in next-generation location technologies, fostering innovation and large-scale deployments. The widespread adoption of RTLS across industries and declining average selling prices (ASPs) of ultra-wideband (UWB) tags further accelerating market penetration. In healthcare, the combination of UWB and Bluetooth Low Energy (BLE) is gaining traction due to its high accuracy, scalability, and proven long-term return on investment. These factors and the region's proactive approach toward digital transformation and smart infrastructure development are expected to sustain North America's leadership in the RTLS market throughout the forecast period.

Major companies operating in the RTLS companies are Securitas AB (Sweden), Zebra Technologies Corp. (US), Impinj, Inc. (US), Siemens (Germany), and Centrak, Inc. (US).

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