Ultra-Wideband Market Segmentation:
Positioning System Segment Analysis
The indoor segment is projected to dominate the market share by the end of 2035. Since typical GPS signals may be weak or hindered in confined locations such as buildings, indoor positioning systems are more frequently employed in these settings. Since of its broad bandwidth and low power requirements, UWB is a good fit for this application, as it can deliver precise position data using time-of-flight (ToF) measurements even in settings with a lot of multipath interference. Applications for these include asset tracking, interior navigation, and emergency response, among others. For instance, as per the reported data, UWB technology is much more accurate than other wireless technologies such as Wi-Fi or Bluetooth with an accuracy of 10-35 cm.
Application Segment Analysis
The real time location system (RTLS) segment is predicted to witness noteworthy growth over the forecast period, due to booming implementation of real-time location services across the globe in multiple industries. Moreover, it helps to determine the location of particular equipment, and patients in the healthcare sector, and it is expected to boost the segment growth. For instance, in 2022, the implementation of Bluetooth real-time location services in various verticals such as public venues, smart offices, hospitality, healthcare, manufacturing, and others is projected to be around 58% in the world.
Our in-depth analysis of the global market includes the following segments:
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By Positioning System |
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By Application |
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By End-User |
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