Real Time Location System Industry, Business Development Analysis and Future Challenges by 20241. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Fuel Cell Market size worth $25.5bn by 2024
Real Time Location System Market Present Scenario and Growth
Prospects by 2024: Global Market Insights, Inc.
2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
North America RTLS market held a high market share in 2016, which was majorly driven
by growing number of applications in the healthcare segment coupled with the
government support & initiatives from the administration.
The U.S. market is a major contributor to the RTLS market growth owing to the speedy
adoption of RTLS technology in the healthcare sector. Moreover, the presence of major
RTLS players in the U.S. is also driving the industry growth.
Regional Analysis of Real Time Location System Market :
3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Application Analysis of Real Time Location System Market:
Based on the applications, the RTLS market can be segmented into inventory & asset tracking &
management, temperature & humidity monitoring, supply chain management, mapping &
visualization, staff locating & monitoring, security, dock monitoring & warehousing, workflow &
process automation, postal & courier services, and others. In inventory & asset tracking &
management, the systems track vehicles’ speed, geographical location, and analyze drivers’
efficiency. Integrating GPS, mobile cellular technology, and mapping using RTLS will allow more
intricate navigation facilities. This has stimulated the implementation of these devices, thereby
driving the RTLS market growth.
Several industries are implementing the systems owing to the miniaturization of mobile wireless
devices and their reasonably pricing. The RTLS market can be classified based on industries
into aerospace, education, government & defense, healthcare, hospitality, industrial
manufacturing & processing, logistics & transportation, and retail. The healthcare sector is
anticipated to show a high growth rate over the forecast time span. Advancements in the
healthcare sector are anticipated to offer notable prospects to the industry. The security of
electronic records and patients and has majorly driven the demand in the healthcare sector.
4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Some of the major industry players involved in the RTLS market include AeroScout
Industrial, AiRISTA, LLC., Awarepoint Corp., BeSpoon SAS, CenTrak, Inc., Decawave
Ltd., Ekahau, General Electric Healthcare, Identec Group AG, IMPINJ, Inc., Redpine
Signals, Inc., Savi Technology, Sonitor Technologies, Stanley Healthcare, Tele Tracking
Technologies, Ubisense Group PLC., Versus Technology, Inc., and Zebra Technologies
Corp.
Several companies operating in the RTLS market are introducing innovative products and
are investing in the R&D to gain a competitive edge over other players. For instance,
Zebra Technologies Corp. has introduced a patented RFID technology in the sports
industry to deliver a player tracking system in specialized sports. The Zebra Sports
Solution allows the storage of valuable data for real time insight. The features of this
technology can be leveraged across many sports grounds and its effect will be
noteworthy.
Competitive Market Share of Real Time Location System
Market:
5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Browse Full Market Research Report On Real Time Location
System Market @ http://bit.ly/2x7Yfqj
Request for an in-depth table of contents for this report @
https://www.gminsights.com/request-toc/upcoming/2023
6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Stay In Touch
Website: www.gminsights.com
Social Media: