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Ultra-Wideband Market Future Outlook, COVID-19 Impact Analysis, Forecast - 2031

08-23-2024 04:57 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Ultra-Wideband Market

Ultra-Wideband Market

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.

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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.

Full report of Ultra-Wideband Market available @ https://www.omrglobal.com/industry-reports/ultra-wideband-market

Market Coverage

Segment Covered-
o By Application

o By Positioning System

o By Vertical

Competitive Landscape -Samsung Electronics, Sony Inc., Ubisense, Decawave, Apple Inc.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominates the market in base year?
Which segment and region will project fastest growth in the market?
How COVID-19 impacted the market?
o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

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



Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ultra-wideband-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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