Ultra-Wideband Market Outlook:
Ultra-Wideband Market size was over USD 2.18 billion in 2025 and is projected to reach USD 11.9 billion by 2035, witnessing around 18.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of ultra-wideband is assessed at USD 2.54 billion.
The market growth can be ascribed to spiking penetration of smartphones and other personal electronic devices across the globe. UWB technology is particularly precise in terms of interior navigation and position tracking, making it a useful solution for use in consumer gadgets such as smartphones. Smartphones and other portable electronic devices are rapidly being used to perform high-bandwidth applications that demand low-latency wireless connections, such as watching online video and gaming. For instance, smartphone subscriptions were estimated to hit approximately 5000 million in 2018 and are projected to reach about 7000 million by the year 2027 globally.
Additionally, significant expansion in the IT sector and the growing prevalence of wireless sensor networks will influence the market size. For instance, in 2022, the IT sector spent about USD 1 trillion on telecommunication across the globe, and that is expected to rise. Moreover, up-surged mobile data traffic on the back of a rising number of internet users is expected to fuel the market growth.
