Ultra-Wideband Market Forecast, Trends and Analysis 2025

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MarketsandMarkets Presents
The Ultra-Wideband Market is estimated to grow
from USD 1.1 billion in 2020 to USD 2.7 billion
by 2025, at a CAGR of 19.6. Major factors
driving the growth of the UWB Market include the
rising demand for UWB technology in RTLS
applications, the growing deployment of this
technology in mobile devices, and the increasing
adoption of the Industrial Internet of Things
(IIoT).
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MarketsandMarkets Presents
UWB Market for Outdoor Positioning Systems is
Fastest-Growing Market UWB technology is
currently being employed for limited outdoor
positioning applications because of the limited
wireless communication range and premium pricing
of UWB chips. UWB technology has the advantage
of low power consumption hence, it is
increasingly being used in portable devices that
are adopted for many outdoor communications
applications, radar imaging, medical imaging,
asset tracking, surveillance, vehicular radar,
and intelligent transportation. UWB is also used
in outdoor positioning systems, together with
GPS. Download PDF Brochure _at_ https//www.marketsan
dmarkets.com/pdfdownloadNew.asp?id200905786
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MarketsandMarkets Presents
Communication Application to hold largest share
of UWB market in 2025 UWB wireless technology
offers significant advantages in communication
applications owing to its narrow pulses and high
localization precision. UWB communications
systems are receiving significant attention due
to their high data rates and low power
consumption, as well as the ability to reduce
interference. UWB technology is also used as a
communication link in the ad-hoc sensor network.
There is a sudden rise in communication
applications for UWB as various companies are now
using this technology in smartphones for mobile
tracking services and better connectivity.
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MarketsandMarkets Presents
Automotive and Transportation would be
Fastest-Growing Vertical in UWB Market during
forecast period The Automotive and Transportation
Industry has witnessed arrays of new and emerging
applications for UWB technology. Since the past
few years, wireless technology is majorly used in
automobiles for the radio reception and
navigation purposes. However, recently,
automotive applications such as
vehicle-to-vehicle and vehicle-to-infrastructure
communication gained significant consideration
from automobile manufacturers across the world.
UWB location tracking technology makes the
humanmachine interface in automobiles easier and
better. Speak To Analyst _at_ https//www.marketsand
markets.com/speaktoanalystNew.asp?id200905786
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MarketsandMarkets Presents
North America to hold largest share of UWB Market
in 2025 Earlier, UWB was not widely adopted in
North America owing to the cost-effectiveness of
other substitute wireless technologies, such as
faster versions of Wi-Fi, and low-power
Bluetooth. UWB technology has been widely
deployed in the communications and RTLS systems.
Recent advancements in positioning accuracy of
impulse radio-based UWB technology and falling
average selling prices (ASP) of UWB chips are
expected to drive the UWB Market in North America
during the forecast period.
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MarketsandMarkets Presents
Key Market Players Key players in the market are
Decawave (acquired by Qorvo Inc. (US)), Apple
(US), 5D Robotics (US), PulseLINK (US), BeSpoon
(France), Zebra Technologies (US), NXP
Semiconductors (Netherlands), Texas Instruments
(US), Johanson Technology (US), Alereon (US),
LitePoint (US), Fractus Antennas (Spain),
Nanotron Technologies (Germany), Samsung
Electronics (South Korea), Sony (Japan), Ubisense
(UK), Alteros (Ohio), and Starix Technology
(US). Browse For More Details -
https//www.marketsandmarkets.com/Market-Reports/u
ltra-wideband-market-200905786.html
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MarketsandMarkets Presents
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