Ultra-Wideband (UWB) Market worth 85.4 Million USD by 2022
Ultra-Wideband (UWB) Market categorizes global market by End-User (Healthcare,
Automotive and Transportation, Manufacturing, Residential Retail), Application (RTLS/WSN,
Imaging), and Geography (North America, Europe, Asia-Pacific, Rest of the World) and
Region.
According to the new market research report "Ultra-Wideband (UWB) Market by End-
User (Healthcare, Automotive and Transportation, Manufacturing, Residential Retail),
Application (RTLS/WSN, Imaging), and Geography (North America, Europe, Asia-
Pacific, Rest of the World) - Global Forecast to 2022", is expected to grow from USD 62.9
Million in 2016 to reach USD 85.4 Million by 2022, at a CAGR of 5.2% between 2016 and
2022.
Browse 58 market data tables and 54 figures spread through 136 pages and in-depth
TOC on “Ultra-Wideband (UWB) Market - Global Forecast to 2022"
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“RTLS/WSN market segment expected to grow at the highest rate between 2016 and
2022”
Ultra-wideband (UWB) is one the fastest-growing technologies with a huge market growth
potential because of to its accuracy in tracking assets. UWB-based real-time location system
(RTLS) solutions refer to systems, which operate in a large bandwidth spectrum, generally
greater than 500 MHz, and are characterized by high accuracy.
Similar to wireless fidelity (Wi-Fi), a UWB system could also operate in signal strength or
time of arrival modes. The major advantage of the UWB-based RTLS solutions is their
advantage of sustaining a good performance in walled environments.
“Healthcare segment on the basis of end user is expected to dominate the UWB market
between 2016 and 2022”
The healthcare industry has been the major end-user of UWB-based RTLS solutions, and this
is expected to continue between 2016 and 2022. The UWB technology has witnessed high
penetration in RTLS solutions, that track and monitor hospital assets, patients, healthcare
professionals, and hygiene inside the hospitals.
Hospital operations have a continuous flow (in- and out-flow) of people and equipment as a
part of the workflow process.