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Investment Prospects: Ultra-Wideband Market Estimated to Reach $2.7 Billion

The Ultra-Wideband Market Size, Analysis, Trends, & Forecasts. The Global market for Ultra-Wideband categorized by Application, Positioning System, Vertical, Size and Geography.

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Investment Prospects: Ultra-Wideband Market Estimated to Reach $2.7 Billion

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  1. MarketsandMarkets Presents This Ultra-Wideband Market is expected to reach from USD 1.1 billion in 2021 to USD 2.7 billion by 2025, at a CAGR of 19.6%. The increasing requirement for ultra-wideband technology in RTLS applications, and proliferation in Industrial Internet of Things are key factors driving the growth of this market.

  2. MarketsandMarkets Presents RTLS segment is expected to grow at the highest CAGR in the forecast period The RTLS application segment of the UWB market has been witnessing growth over the years since UWB technology-based RTLS solutions are especially used by various industries for precise and real-time tracking of industrial assets, material flow, and employee location. UWB-based RTLS solutions find applications in fleet management, staff management, pallet tracking, inventory management, etc. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2009 05786

  3. MarketsandMarkets Presents RTLS segment is expected to grow at the highest CAGR in the forecast period The growing adoption of RTLS solutions in industrial environment for employee tracking, as well as to get visibility of supply chain, products, machinery, and raw materials is adding an advantage for market growth. Asia Pacific is expected to be the fastest-growing market for UWB-based RTLS solutions, in terms of value, during the forecast period. The constant surge in demand for real-time location tracking technology in Asia Pacific is expected to offer significant growth opportunities for the providers of the highly precise RTLS equipment in Asia Pacific.

  4. MarketsandMarkets Presents APAC to account for the fastest growing market in 2022 Increasing use of indoor positioning systems in smart homes and growing defense budgets in developing countries of APAC, such as China and India, propel the growth of the UWB market in APAC. The region holds a major position in the automotive sector. Moreover, with the growing government mandates regarding safety features in automobiles in developing countries of APAC, the market for UWB-based vehicular radar solutions is expected to witness significant growth during the forecast period. UWB technology is widely used in robot localization technology in Japan and China.

  5. MarketsandMarkets Presents Key Market Players The report profiles the most promising players in the Ultra-Wideband Market. The markets competitive landscape presents an interesting picture of strategies adopted by many players. DecaWave Ltd. (acquired by Qorvo (US)), Apple Inc. (US), Pulse Link, Inc. (US), NXP Semiconductors N.V. (Netherlands), Texas Instruments (US), Samsung Electronics Co., Ltd. (South Korea), Sony (Japan), are few dominant players in the Ultra-Wideband Market. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/ultra- wideband-market-200905786.html

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

  7. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/ultra- wideband.asp

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