Ultra-Wideband Technology Market Size, Market Share, Market Trends, and Forecast, 2023-2030 | Market Report Published by RationalStat
The global ultra-wideband technology market is expected to approach US$ 3.5 billion by 2030, with an annual growth rate of more than 18.4%
Wilmington, Delaware, Oct. 31, 2023 (GLOBE NEWSWIRE) —
Global Ultra-Wideband Technology Market: Segmental and Market Share Analysis
- On the basis of application, the Real-Time Location Systems (RTLS) segment is dominating the global ultra-wideband (UWB) technology market. RTLS systems use UWB technology to track the location of objects and people in real time. RTLS systems are used in a variety of applications, such as asset tracking, inventory management, and personnel tracking.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 1 billion |
| Market Size Forecast | US$ 3.5 billion |
| Growth Rate | 18.4% |
| Key Market Drivers |
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| Dominating Region |
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| Dominating Segment |
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| Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global ultra-wideband technology include,
- In October 2023, Infineon Technologies, a global semiconductor leader in power systems and IoT, announced that it acquired the Zurich-based startup 3db Access AG (3db), a pioneer in secured low-power Ultra-Wideband (UWB) technology. The acquisition of 3db, a preferred IP provider for major automotive brands, further strengthens Infineon’s portfolio for secured smart access, precise localization, and enhanced sensing.
Some of the prominent players and suppliers operating and contributing significantly to the global ultra-wideband technology growth include Qorvo Inc., Humatics Corporation, Pulse LINK Inc., Apple Inc., Zebra Technologies Corporation, NXP Semiconductors NV, Texas Instruments Incorporated, Johanson Technology Inc., Alereon Inc., and Fractus SA, among others.
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RationalStat has segmented the global ultra-wideband technology market based on type, application, and region
- Global Ultra-Wideband Technology Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Indoor
- Outdoor
- Global Ultra-Wideband Technology Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- RTLS
- Imaging
- Communication
- Global Ultra-Wideband Technology Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Ultra-Wideband Technology Market
- US
- Canada
- Latin America Ultra-Wideband Technology Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Ultra-Wideband Technology Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Ultra-Wideband Technology Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Ultra-Wideband Technology Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Ultra-Wideband Technology Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Ultra-Wideband Technology Market
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Key Questions Answered in the Ultra-Wideband Technology Report:
- What will be the market value of the global ultra-wideband technology by 2030?
- What is the market size of the global ultra-wideband technology?
- What are the market drivers of the global ultra-wideband technology?
- What are the key trends in the global ultra-wideband technology?
- Which is the leading region in the global ultra-wideband technology?
- What are the major companies operating in the global ultra-wideband technology?
- What are the market shares by key segments in the global ultra-wideband technology?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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