The global ultra-wideband market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing adoption of IoT by industries globally. The increasing number of wireless sensor networks and growing technological advancement in the mobile will fuel the growth of the market during the forecast period.
During the COVID-19 pandemic, the increased adoption of remote monitoring technology, software management tools has expected to witness growth in the global ultra-wideband market. Along with that use of Real-Time Locating Systems (RTLS) have also increased to track and locate people in hospitals and malls during the COVID-19 pandemic this, in turn, will increase the demand for the global ultra-wideband market.
The ultra-wideband generally works on the frequency of 500 MHz which gives it accuracy when deployed with RTLS. This opens opportunities for the global ultra-wideband market for various applications such as military, transportation, and many other industries. In September 2019, Apple launched iPhone 11 with the ultra-wideband chip called U1 chips that helped the phone to connect with other devices and to detect motion of the phones. Furthermore, in 2019, Delaware and HERE technologies deployed a high-accuracy indoor location service that used the ultra-wideband technology for tracking the movement of the person inside the house. All these factors combines will fuel the growth of the market during the forecast period. Some of the key players in the global ultra-wideband market include Samsung Electronics, Sony, Ubisense, Decawave, Apple, and many others.
Market Coverage
o By Application
o By Positioning System
o By Vertical
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Ultra-Wideband Market by Segments
• By Application
o WNS/RTLS
o Imaging
o Communication
o Authentication
• By Positioning System
o Indoor
o Outdoor
• By Vertical
o Healthcare
o Automotive and Transportation
o Manufacturing
o Consumer Electronics
o Retail
o Residential
o Military and Defense
Global Ultra-Wideband Market by Region
North America
Europe
Asia-Pacific
Rest of the World