Ultra-Wideband Industry - Regional Synopsis
The North America ultra-wideband market is predicted to hold majority revenue share by the end of 2037. The market growth can be due to ongoing development of the healthcare sector and the presence of major key players in the region. In the healthcare sector, patients travel from one room to another room, and ultra-wideband is used to track the location of patients, which in turn is further anticipated to boost the market revenue. Furthermore, there has been a rising need for data communication, followed by an increasing digital population, and it is predicted to drive the market growth in the North America region. The data stated, more than 90 percent of the population in the United States is digitally connected.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of ultra-wideband is evaluated at USD 1.64 billion.
The ultra-wideband market size was over USD 1.42 billion in 2024 and is projected to exceed USD 14.82 billion by the end of 2037, witnessing over 19.5% CAGR during the forecast period i.e., between 2025-2037. Growing demand for ultra-wideband in the healthcare sector and rising penetration of IoT worldwide will drive the market growth.
North America industry is predicted to hold largest revenue share by 2037, impelled by ongoing development of the healthcare sector and the presence of major key players in the region.
The major players in the market include Johanson Technology Inc., Alereon, Inc., Texas Instruments Incorporated, Starix Technology, Inc., NXP Semiconductors N.V., Ubisense Limited, Humatics Corporation, Zebra Technology Corporation, Apple Inc., 5D Robotics, Inc.
