Ultra-Wideband Market Revenue, Growth and Overview 2020 - 2025
According to estimates, the UWB Market would increase at a CAGR of 19.6% from USD 1.1 billion in 2020 to USD 2.7 billion by 2025. The demand for UWB technology in RTLS applications, the expansion of its use in mobile devices, and the adoption of the Industrial Internet of Things are the main reasons propelling the growth of the UWB market (IIoT). Decawave, which Qorvo Inc. (US) acquired, Apple (US), 5D Robotics, PulseLINK, BeSpoon (France), Zebra Technologies, NXP Semiconductors, Texas Instruments, Johanson Technology, Alereon, LitePoint, Fractus Antennas, Nanotron Technologies, Samsung Electronics, Sony, Ubisense, UK, Alteros, and Starix Technology were the market leaders in 2019. (US). To further increase their presence in the global UWB market, these competitors have chosen a variety of growth tactics, including new launches, development, and acquisitions. The most popular strategies used by big firms from 2017 to 2019 were product releases and developments, which enabled them to expand on their goods and increase the size of their consumer base. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200905786 The leader in the global UWB market is Decawave (Ireland). Based on its UWB wireless technology platform, the company is involved in the design and production of integrated circuits for real-time location and communication systems. Decawave's UWB solutions enable IEEE802.15.4-2011 and provide accuracy in line-of-sight applications. The company sells a DWM1000 chip that is based on UWB. In order to increase its geographic reach, Decawave built its first office in the US in 2014. It also has regional offices in California (US) and China and a presence in South Korea, France, and Japan. A significant player in the UWB market is Apple (US). The business creates, produces, and sells wearable technology, personal computers, tablets, smartphones, and accessories. It also provides a wide range of connected services. The business is divided into two divisions: products and services. The business has created U1 processors that employ ultra-wideband technology for spatial awareness. For instance, the iPhone 11 can accurately find other Apple devices that are U1 equipped. The iPhone 11 and iPhone 11 Pro currently employ these processors. Apple increased the quantity of retail outlets and the geographic scope of its operations, as of 2018, with 506 stores spread over 25 nations. Browse For More Details - https://www.prnewswire.com/news-releases/ultra-wideband-market-worth-2-7-billion-by-2025--exclusive-report-by-marketsandmarkets-301052861.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Visit Our Website: https://www.marketsandmarkets.com