Going by the recent trends,Real-Time Location Systems (RLTS) Market can be projected to reach $7,585 million by 2022, supported by a CAGR of 31.4% during the forecast period that is between 2018 and 2023 with key leading players like AeroScout Industrial, Awarepoint Corporation, BeSpoon SAS, CenTrak.

With Real Time Location System (RTLS), one can automatically identify and track the geographic location of objects and people in real time. Commonly, RTLS system is used within a building or facility and a wireless RTLS tag or badge can be attached to an object or worn by a person, and the signal transmitted from the tag is received by a single fixed reference point that helps to locate the exact location of the specific tag. RTLS includes location sensors, location readers, battery-powered tags, application software, and network infrastructure.

The Real Time Locating System (RTLS) market is categorized by component, location architecture, application, end user, and region and this market includes hardware and software. Locating the Architecture categories include Wi-Fi, RFID, Ultra Wide Band (UWB), Bluetooth (BLE), Ultrasound and ZigBee. Application segments include asset tracking and management, supply chain management, employee deployment and monitoring, workflow and process automation, visualization and mapping.

Key players in the Real Time Location System (RTLS) Market are AeroScout Industrial, Awarepoint Corporation, BeSpoon SAS, CenTrak, ChyronHego Corporation, Decwave, AiRISTA Flow, IDENTEC SOLUTIONS, Motorola Solutions, Inc., PINC Solutions, Savi Technology, Skytron, Sonitor Technologies, Inc., TeleTracking Technologies, Inc., Tyco Security Products, Ubisense, Versus Technology, Inc., and ZIH corp amongst others.

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This report on Real Time Location System (RTLS) Market provides an analytical potrayal of the market, by providing the current trends and future expectations for finalizing the imminent investment pockets. The report also provides detailed impact analysis and information, constraints and opportunities for key influencers. The report includes quantitative estimates for identifying financial value to the market during 2014-2022 and factors affecting the growth of the real-time location systems market. Porter ‘s Five Forces analysis shows the ability of buyers and suppliers.

This report also analyzes current and upcoming trends in the global Real Time Location System (RTLS) Market. The RTLS solution is expected to be used more and more in a variety of vertical markets and applications. This research focuses on trends, challenges and factors that affect market growth. It also includes product, technology, vertical and regional market analysis as well as competitive analysis.

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Real Time Location Systems (RLTS) Market Segmentation:

Market- by Component

  • Hardware
  • Software
  • Services

Market- by Technology

  • Radio Frequency Identification (RFID)
  • Ultra-Wide Band(UWB)
  • Infrared
  • GPS
  • Zigbee
  • Wi-Fi
  • Ultrasound
  • Bluetooth Low Energy
  • WhereNet

Market – by Vertical

  • Transportation & Logistics
  • Healthcare
  • Government
  • Retail
  • Industrial
  • Others

Market – by Region

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • South East Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • Southern Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

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