PUBLISHER: The Business Research Company | PRODUCT CODE: 1662390
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662390
Ultra-wideband (UWB) represents a radio technology facilitating high-bandwidth, short-range communications utilizing minimal energy, covering a significant portion of the radio spectrum.
The primary types of UWB encompass impulse radio and multiband ultra-wideband. Impulse radio (IR-UWB) operates through the transmission of either a single pulse (new paradigm) or a burst of pulses (legacy) for each information symbol. Systems utilizing ultra-wideband technology include vehicular radar systems, imaging systems, communication and measurement systems, catering to various industries or verticals such as healthcare, automotive and transportation, manufacturing, consumer electronics, retail, residential, and others. These technologies find applications in real-time location systems (RTLS) or wireless networking services (WNS), imaging processes, communication functions, and more.
The ultra-wideband market research report is one of a series of new reports from The Business Research Company that provides ultra-wideband market statistics, including ultra-wideband industry global market size, regional shares, competitors with a ultra-wideband market share, detailed ultra-wideband market segments, market trends and opportunities, and any further data you may need to thrive in the ultra-wideband industry. This ultra-wideband market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ultra-wideband market size has grown rapidly in recent years. It will grow from $1.63 billion in 2024 to $1.9 billion in 2025 at a compound annual growth rate (CAGR) of 16.1%. The growth in the historic period can be attributed to wireless communication advancements, consumer electronics integration, emergence of real-time location systems (RILS), automotive connectivity requirements, security and impulse radio advancements, regulatory support and spectrum allocation, demand for high-data-rate wireless networks, smart home and automation systems.
The ultra-wideband market size is expected to see rapid growth in the next few years. It will grow to $3.62 billion in 2029 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to increasing demand for precise indoor positioning, UWB in smart cities and infrastructure, UWB in automotive radar systems, emergence of UWB-based access control systems, integration in smart agriculture, UWB-based healthcare wearables. Major trends in the forecast period include adoption in smartphones, UWB for secure access control, UWB in robotics and automation, UWB for secure transactions, investments in UWB technology, collaborations for UWB-based solutions.
The growing demand for consumer electronics is anticipated to drive the expansion of the ultra-wideband market in the coming years. Consumer electronics encompass any electronic devices designed for everyday, personal, or professional use by consumers or end users. Ultra-wideband (UWB) technology in consumer electronics supports high-speed data transfer, accurate location tracking, and dependable connectivity, thereby enhancing user experiences in devices like smartphones, smartwatches, and wireless peripherals. For example, in May 2023, data from the Japan Electronics and Information Technology Industries Association, a trade association based in Japan, indicated that total electronic equipment production in Japan reached $52,365.35 million. Additionally, consumer electronics production hit $2,178,430 million in May 2023, compared to $1,714,724 million in May 2022. Consequently, the rising demand for consumer electronics is fueling the growth of the ultra-wideband market.
The increasing popularity of smart homes is also expected to boost the growth of the ultra-wideband market in the future. Smart homes are residences equipped with interconnected and automated technologies that allow homeowners to manage and monitor various elements of their living space through centralized systems or remotely using smartphones or other devices. Ultra-wideband improves smart homes by providing high-speed, reliable connectivity that ensures seamless communication between smart devices, facilitating rapid data transfer and precise location tracking. For instance, in 2023, TechSee Augmented Vision Ltd., a computer software company based in Israel, published a smart home support survey report highlighting a surge in smart home adoption. It found that 40% of U.S. consumers have already embraced smart home devices, with smart speakers (49%) and smart thermostats (32%) being the most popular. Furthermore, the majority of respondents indicated that ease of use (52%) and ease of installation (51%) are critical factors when purchasing a new device. Therefore, the rising popularity of smart homes is expected to propel the growth of the ultra-wideband market.
Technological advancement is a significant trend gaining traction in the ultra-wideband market. Leading companies in this sector are concentrating on developing and launching innovative ultra-wideband solutions to enhance their market position. For example, in February 2022, Verizon Communications Inc., a telecommunications company based in the U.S., introduced 5G ultra-wideband services in three additional markets: Sacramento, Seattle, and Pensacola, Florida. This fifth-generation ultra-wideband service employs millimeter wave (mmWave) spectrum to provide users with the fastest connection available.
Key players in the ultra-wideband market are increasingly focused on launching single-chip ultra-wideband products, such as the Trimension NCJ29D6, to secure a competitive advantage. The Trimension NCJ29D6 is an advanced integrated solution combining Near Field Communication (NFC) and Ultra-Wideband (UWB) technology for secure, accurate, and contactless communication across various applications. For instance, in October 2023, NXP Semiconductors, a semiconductor manufacturing company based in the Netherlands, unveiled the Trimension NCJ29D6. This fully integrated automotive single-chip ultra-wideband (UWB) series incorporates advanced real-time positioning and short-range radar capabilities, offering a versatile solution for various uses, including secure car access, child presence detection, intrusion alerts, and gesture recognition, thus consolidating multiple functionalities within a single system.
In October 2023, Infineon Technologies AG, a semiconductor manufacturing company based in Germany, acquired 3db Access AG for an undisclosed amount. This acquisition aims to enhance Infineon's connectivity portfolio, especially in secured smart access, precise localization, and improved sensing capabilities. 3db Access AG is a company located in Switzerland that focuses on developing and commercializing secure, ultra-low-power, and high-precision integrated ultra-wideband (UWB) ranging and sensing solutions.
Major companies operating in the ultra-wideband market are DecaWave Limited, Apple Inc., BeSpoon SAS, Zebra Technologies Corporation, NXP Semiconductors N.V., Texas Instruments Incorporated, Johanson Technology Inc., Fractus Antennas S.L., Nanotron Technologies GmbH, Sony Group Corporation, Ubisense Group PLC, Taiyo Yuden Co. Ltd., General Atomics Corp., Qorvo Inc., Humatics Corporation, Fractus SA, Intel Corporation, Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd., Xiaomi Corporation, Robert Bosch GmbH, Eliko Antennas Ltd., Pozyx Labs NV, Roke Manor Research Limited, Cambridge Wireless Limited, UWINLOC SAS
North America was the largest region in the ultra-wideband market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ultra-wideband market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the ultra-wideband market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The ultra-wideband market consists of sales of wireless technology that has a -10 dB bandwidth greater than 500 MHz or a fractional bandwidth greater than 20% that is used for short-range and fast and stable transmission of data. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Ultra-Wideband Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ultra-wideband market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ultra-wideband ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ultra-wideband market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.