Ultra-Wideband Market Analysis

Positioning System (Indoor, Outdoor)

The global ultra-wideband market is also segmented and analyzed for demand and supply by positioning systems into indoors and outdoors. Out of these segments, the indoor segment is projected to garner a higher market share by end of 2037. 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 (Communication, Imaging, RTLS)

The global ultra-wideband market is segmented and analyzed for demand and supply by application into communication, imaging, real time location system (RTLS), and others, out of which, the real time location system (RTLS) segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the 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’s growth over the forecast period. 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: