Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

According to a new market research report “Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020“, the global RTLS Market was valued at $720.5 Million in 2014 and is expected to reach $3,923.6 Million by 2020, at an estimated CAGR of 33.03% between 2015 and 2020. The healthcare sector constituted the largest application for the RTLS Market in 2014 and is expected to continue to grow at a significant rate because of increasing applications in the healthcare segment, especially the old age care segment. Industrial manufacturing, government and defense, process industries, and transportation and logistics sectors are the next major applications of RTLS solutions and are expected to grow at a considerable rate due to the increasing adoption of RTLS solutions in the same.

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The RTLS Market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of enterprises in tracking and monitoring the precise location of assets or personnel. UWB and ZigBee based RTLS technologies have been the emerging technologies in the RTLS Market, which provide high accuracy and precise location of objects in shorter locations compared to any other RTLS technology. The market for these technologies is expected to grow at a higher CAGR in the forecast period than others because of the increasing adoption of the RTLS solutions based on these technologies. Furthermore, these technologies have been able to overcome the difficulties faced by the other technologies in tracking objects in harder mediums such as concrete wall or other substances. However, Wi-Fi and RFID technologies are expected to account for a major market share during the forecast period, due to their lesser cost compared to UWB and ZigBee technologies.

The Americas and Europe were the largest markets for the RTLS technology in 2014. Asia-Pacific is expected to be the fastest growing region, followed by RoW which is also among the major regions that plays a significant role in the growth of the RTLS market. The growth of the RTLS Market in the Americas was largely driven by the U.S., which accounted for 74.7% of the total Americas RTLS Market in 2014. The Asia-Pacific market for RTLS is expected to be driven by its key markets such as Japan, Australia, China,Malaysia, and Singapore. The industrial manufacturing and retail sector along with, transportation and logistics is likely to provide a huge growth opportunity for RTLS solutions in these regions. The market would also be fuelled by the increase in focus of the major global RTLS vendors to expand their product and service offerings in the Asia-Pacific region as this region is expected to witness a higher growth in terms of the adoption of RTLS solutions and market value.

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the RTLS Market and forecasts the market till 2020. This global report provides a detailed view of the RTLS market across products, technologies, applications, and geographies. The report also profiles the prominent players in the RTLS market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The RTLS Market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.

The major companies in the global RTLS Market that have been included in this report are Zebra Technologies Corporation (U.S.), AeroScout, Inc. (U.S.), Savi Technology, Inc. (U.S.), TeleTracking Technologies, Inc. (U.S.), Ubisense Group Plc (U.K.), Ekahau, Inc. (U.S.), Identec Group AG (Liechtenstein), CenTrak, Inc. (U.S.), Awarepoint Corporation (U.S.), and Versus Technology, Inc. (U.S.), and others.

Details of the new RTLS market report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report:  Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020.

 

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

According to a new market research report “Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020“, the global RTLS Market was valued at $720.5 Million in 2014 and is expected to reach $3,923.6 Million by 2020, at an estimated CAGR of 33.03% between 2015 and 2020. The healthcare sector constituted the largest application for the RTLS Market in 2014 and is expected to continue to grow at a significant rate because of increasing applications in the healthcare segment, especially the old age care segment. Industrial manufacturing, government and defense, process industries, and transportation and logistics sectors are the next major applications of RTLS solutions and are expected to grow at a considerable rate due to the increasing adoption of RTLS solutions in the same.

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The RTLS Market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of enterprises in tracking and monitoring the precise location of assets or personnel. UWB and ZigBee based RTLS technologies have been the emerging technologies in the RTLS Market, which provide high accuracy and precise location of objects in shorter locations compared to any other RTLS technology. The market for these technologies is expected to grow at a higher CAGR in the forecast period than others because of the increasing adoption of the RTLS solutions based on these technologies. Furthermore, these technologies have been able to overcome the difficulties faced by the other technologies in tracking objects in harder mediums such as concrete wall or other substances. However, Wi-Fi and RFID technologies are expected to account for a major market share during the forecast period, due to their lesser cost compared to UWB and ZigBee technologies.

The Americas and Europe were the largest markets for the RTLS technology in 2014. Asia-Pacific is expected to be the fastest growing region, followed by RoW which is also among the major regions that plays a significant role in the growth of the RTLS market. The growth of the RTLS Market in the Americas was largely driven by the U.S., which accounted for 74.7% of the total Americas RTLS Market in 2014. The Asia-Pacific market for RTLS is expected to be driven by its key markets such as Japan, Australia, China,Malaysia, and Singapore. The industrial manufacturing and retail sector along with, transportation and logistics is likely to provide a huge growth opportunity for RTLS solutions in these regions. The market would also be fuelled by the increase in focus of the major global RTLS vendors to expand their product and service offerings in the Asia-Pacific region as this region is expected to witness a higher growth in terms of the adoption of RTLS solutions and market value.

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the RTLS Market and forecasts the market till 2020. This global report provides a detailed view of the RTLS market across products, technologies, applications, and geographies. The report also profiles the prominent players in the RTLS market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The RTLS Market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.

The major companies in the global RTLS Market that have been included in this report are Zebra Technologies Corporation (U.S.), AeroScout, Inc. (U.S.), Savi Technology, Inc. (U.S.), TeleTracking Technologies, Inc. (U.S.), Ubisense Group Plc (U.K.), Ekahau, Inc. (U.S.), Identec Group AG (Liechtenstein), CenTrak, Inc. (U.S.), Awarepoint Corporation (U.S.), and Versus Technology, Inc. (U.S.), and others.

Details of the new RTLS market report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report:  Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020.

 

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

According to a new market research report “Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020“, the global RTLS Market was valued at $720.5 Million in 2014 and is expected to reach $3,923.6 Million by 2020, at an estimated CAGR of 33.03% between 2015 and 2020. The healthcare sector constituted the largest application for the RTLS Market in 2014 and is expected to continue to grow at a significant rate because of increasing applications in the healthcare segment, especially the old age care segment. Industrial manufacturing, government and defense, process industries, and transportation and logistics sectors are the next major applications of RTLS solutions and are expected to grow at a considerable rate due to the increasing adoption of RTLS solutions in the same.

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The RTLS Market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of enterprises in tracking and monitoring the precise location of assets or personnel. UWB and ZigBee based RTLS technologies have been the emerging technologies in the RTLS Market, which provide high accuracy and precise location of objects in shorter locations compared to any other RTLS technology. The market for these technologies is expected to grow at a higher CAGR in the forecast period than others because of the increasing adoption of the RTLS solutions based on these technologies. Furthermore, these technologies have been able to overcome the difficulties faced by the other technologies in tracking objects in harder mediums such as concrete wall or other substances. However, Wi-Fi and RFID technologies are expected to account for a major market share during the forecast period, due to their lesser cost compared to UWB and ZigBee technologies.

The Americas and Europe were the largest markets for the RTLS technology in 2014. Asia-Pacific is expected to be the fastest growing region, followed by RoW which is also among the major regions that plays a significant role in the growth of the RTLS market. The growth of the RTLS Market in the Americas was largely driven by the U.S., which accounted for 74.7% of the total Americas RTLS Market in 2014. The Asia-Pacific market for RTLS is expected to be driven by its key markets such as Japan, Australia, China,Malaysia, and Singapore. The industrial manufacturing and retail sector along with, transportation and logistics is likely to provide a huge growth opportunity for RTLS solutions in these regions. The market would also be fuelled by the increase in focus of the major global RTLS vendors to expand their product and service offerings in the Asia-Pacific region as this region is expected to witness a higher growth in terms of the adoption of RTLS solutions and market value.

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the RTLS Market and forecasts the market till 2020. This global report provides a detailed view of the RTLS market across products, technologies, applications, and geographies. The report also profiles the prominent players in the RTLS market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The RTLS Market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.

The major companies in the global RTLS Market that have been included in this report are Zebra Technologies Corporation (U.S.), AeroScout, Inc. (U.S.), Savi Technology, Inc. (U.S.), TeleTracking Technologies, Inc. (U.S.), Ubisense Group Plc (U.K.), Ekahau, Inc. (U.S.), Identec Group AG (Liechtenstein), CenTrak, Inc. (U.S.), Awarepoint Corporation (U.S.), and Versus Technology, Inc. (U.S.), and others.

Details of the new RTLS market report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report:  Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020.

 

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

According to a new market research report “Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020“, the global RTLS Market was valued at $720.5 Million in 2014 and is expected to reach $3,923.6 Million by 2020, at an estimated CAGR of 33.03% between 2015 and 2020. The healthcare sector constituted the largest application for the RTLS Market in 2014 and is expected to continue to grow at a significant rate because of increasing applications in the healthcare segment, especially the old age care segment. Industrial manufacturing, government and defense, process industries, and transportation and logistics sectors are the next major applications of RTLS solutions and are expected to grow at a considerable rate due to the increasing adoption of RTLS solutions in the same.

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The RTLS Market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of enterprises in tracking and monitoring the precise location of assets or personnel. UWB and ZigBee based RTLS technologies have been the emerging technologies in the RTLS Market, which provide high accuracy and precise location of objects in shorter locations compared to any other RTLS technology. The market for these technologies is expected to grow at a higher CAGR in the forecast period than others because of the increasing adoption of the RTLS solutions based on these technologies. Furthermore, these technologies have been able to overcome the difficulties faced by the other technologies in tracking objects in harder mediums such as concrete wall or other substances. However, Wi-Fi and RFID technologies are expected to account for a major market share during the forecast period, due to their lesser cost compared to UWB and ZigBee technologies.

The Americas and Europe were the largest markets for the RTLS technology in 2014. Asia-Pacific is expected to be the fastest growing region, followed by RoW which is also among the major regions that plays a significant role in the growth of the RTLS market. The growth of the RTLS Market in the Americas was largely driven by the U.S., which accounted for 74.7% of the total Americas RTLS Market in 2014. The Asia-Pacific market for RTLS is expected to be driven by its key markets such as Japan, Australia, China,Malaysia, and Singapore. The industrial manufacturing and retail sector along with, transportation and logistics is likely to provide a huge growth opportunity for RTLS solutions in these regions. The market would also be fuelled by the increase in focus of the major global RTLS vendors to expand their product and service offerings in the Asia-Pacific region as this region is expected to witness a higher growth in terms of the adoption of RTLS solutions and market value.

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the RTLS Market and forecasts the market till 2020. This global report provides a detailed view of the RTLS market across products, technologies, applications, and geographies. The report also profiles the prominent players in the RTLS market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The RTLS Market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.

The major companies in the global RTLS Market that have been included in this report are Zebra Technologies Corporation (U.S.), AeroScout, Inc. (U.S.), Savi Technology, Inc. (U.S.), TeleTracking Technologies, Inc. (U.S.), Ubisense Group Plc (U.K.), Ekahau, Inc. (U.S.), Identec Group AG (Liechtenstein), CenTrak, Inc. (U.S.), Awarepoint Corporation (U.S.), and Versus Technology, Inc. (U.S.), and others.

Details of the new RTLS market report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report:  Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020.

 

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

According to a new market research report “Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020“, the global RTLS Market was valued at $720.5 Million in 2014 and is expected to reach $3,923.6 Million by 2020, at an estimated CAGR of 33.03% between 2015 and 2020. The healthcare sector constituted the largest application for the RTLS Market in 2014 and is expected to continue to grow at a significant rate because of increasing applications in the healthcare segment, especially the old age care segment. Industrial manufacturing, government and defense, process industries, and transportation and logistics sectors are the next major applications of RTLS solutions and are expected to grow at a considerable rate due to the increasing adoption of RTLS solutions in the same.

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The RTLS Market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of enterprises in tracking and monitoring the precise location of assets or personnel. UWB and ZigBee based RTLS technologies have been the emerging technologies in the RTLS Market, which provide high accuracy and precise location of objects in shorter locations compared to any other RTLS technology. The market for these technologies is expected to grow at a higher CAGR in the forecast period than others because of the increasing adoption of the RTLS solutions based on these technologies. Furthermore, these technologies have been able to overcome the difficulties faced by the other technologies in tracking objects in harder mediums such as concrete wall or other substances. However, Wi-Fi and RFID technologies are expected to account for a major market share during the forecast period, due to their lesser cost compared to UWB and ZigBee technologies.

The Americas and Europe were the largest markets for the RTLS technology in 2014. Asia-Pacific is expected to be the fastest growing region, followed by RoW which is also among the major regions that plays a significant role in the growth of the RTLS market. The growth of the RTLS Market in the Americas was largely driven by the U.S., which accounted for 74.7% of the total Americas RTLS Market in 2014. The Asia-Pacific market for RTLS is expected to be driven by its key markets such as Japan, Australia, China,Malaysia, and Singapore. The industrial manufacturing and retail sector along with, transportation and logistics is likely to provide a huge growth opportunity for RTLS solutions in these regions. The market would also be fuelled by the increase in focus of the major global RTLS vendors to expand their product and service offerings in the Asia-Pacific region as this region is expected to witness a higher growth in terms of the adoption of RTLS solutions and market value.

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the RTLS Market and forecasts the market till 2020. This global report provides a detailed view of the RTLS market across products, technologies, applications, and geographies. The report also profiles the prominent players in the RTLS market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The RTLS Market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.

The major companies in the global RTLS Market that have been included in this report are Zebra Technologies Corporation (U.S.), AeroScout, Inc. (U.S.), Savi Technology, Inc. (U.S.), TeleTracking Technologies, Inc. (U.S.), Ubisense Group Plc (U.K.), Ekahau, Inc. (U.S.), Identec Group AG (Liechtenstein), CenTrak, Inc. (U.S.), Awarepoint Corporation (U.S.), and Versus Technology, Inc. (U.S.), and others.

Details of the new RTLS market report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report:  Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020.

 

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

According to a new market research report “Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020“, the global RTLS Market was valued at $720.5 Million in 2014 and is expected to reach $3,923.6 Million by 2020, at an estimated CAGR of 33.03% between 2015 and 2020. The healthcare sector constituted the largest application for the RTLS Market in 2014 and is expected to continue to grow at a significant rate because of increasing applications in the healthcare segment, especially the old age care segment. Industrial manufacturing, government and defense, process industries, and transportation and logistics sectors are the next major applications of RTLS solutions and are expected to grow at a considerable rate due to the increasing adoption of RTLS solutions in the same.

---

The RTLS Market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of enterprises in tracking and monitoring the precise location of assets or personnel. UWB and ZigBee based RTLS technologies have been the emerging technologies in the RTLS Market, which provide high accuracy and precise location of objects in shorter locations compared to any other RTLS technology. The market for these technologies is expected to grow at a higher CAGR in the forecast period than others because of the increasing adoption of the RTLS solutions based on these technologies. Furthermore, these technologies have been able to overcome the difficulties faced by the other technologies in tracking objects in harder mediums such as concrete wall or other substances. However, Wi-Fi and RFID technologies are expected to account for a major market share during the forecast period, due to their lesser cost compared to UWB and ZigBee technologies.

The Americas and Europe were the largest markets for the RTLS technology in 2014. Asia-Pacific is expected to be the fastest growing region, followed by RoW which is also among the major regions that plays a significant role in the growth of the RTLS market. The growth of the RTLS Market in the Americas was largely driven by the U.S., which accounted for 74.7% of the total Americas RTLS Market in 2014. The Asia-Pacific market for RTLS is expected to be driven by its key markets such as Japan, Australia, China,Malaysia, and Singapore. The industrial manufacturing and retail sector along with, transportation and logistics is likely to provide a huge growth opportunity for RTLS solutions in these regions. The market would also be fuelled by the increase in focus of the major global RTLS vendors to expand their product and service offerings in the Asia-Pacific region as this region is expected to witness a higher growth in terms of the adoption of RTLS solutions and market value.

The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the RTLS Market and forecasts the market till 2020. This global report provides a detailed view of the RTLS market across products, technologies, applications, and geographies. The report also profiles the prominent players in the RTLS market along with their key growth strategies. The competitive landscape of the market analyses a large number of players with their market share. The RTLS Market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.

The major companies in the global RTLS Market that have been included in this report are Zebra Technologies Corporation (U.S.), AeroScout, Inc. (U.S.), Savi Technology, Inc. (U.S.), TeleTracking Technologies, Inc. (U.S.), Ubisense Group Plc (U.K.), Ekahau, Inc. (U.S.), Identec Group AG (Liechtenstein), CenTrak, Inc. (U.S.), Awarepoint Corporation (U.S.), and Versus Technology, Inc. (U.S.), and others.

Details of the new RTLS market report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report:  Real-Time Location System (RTLS) Market Product, Technology, Application and Geography – Forecasts & Analysis to 2020.

 

Real-Time Location System (RTLS) Market Worth $3,923.6 Million by 2020

RTLS Market Report: Real-Time Location Systems Market Worth $3.70 Billion by 2020

According to a new market research report “Real-Time Location Systems (RTLS) Market by Product, Technology, Application, Industry Vertical & Geography 2013-2020“,  the global RTLS market is expected to grow at a CAGR of 31.2% from 2013 to 2020 and reach $3.70 billion in 2020.

The ever growing need of achieving optimum resource utilization in different industries paved a path for location-based systems such as Real-Time Location Systems. In an enterprise, these systems facilitate location tracking and management of assets/personnel in real time thus resulting into improved operational efficiency and staff productivity. RTLS solutions have numerous applications in industries such as healthcare, manufacturing, logistics & transportation, government & defense, mining, oil & gas, retail, hospitality, education, and many others. Presently, healthcare is the largest market for RTLS solutions and industrial manufacturing is estimated to be the fastest-growing industry vertical with a huge market potential in the forecast period from 2013 to 2020.

In 2013, Americas held the largest market revenue share followed by Europe in the global RTLS market, including hardware, software, and services. The high penetration of RTLS solutions in the healthcare sector and the presence of major Real-Time Location Systems’ providers in this region such as AeroScout (U.S.), Zebra Technologies (U.S.), Awarepoint (U.S.), Centrak (U.S.), and Ekahau (U.S.) are the two major factors for the high RTLS growth rate in Americas. However, the increasing adoption of new technologies such as Ultra-Wideband and Zigbee in RTLS applications is estimated to drive the upsurge of the Real-Time Location Systems market, especially in developed economies including APAC and Europe. Moreover, APAC and ROW are projected to be the emerging markets with tremendous growth potential mainly due to high industrial growth, increasing customer awareness, broad application scope, and government support. Industrial manufacturing, process industries, and government & defense are the major industry verticals that are expected to propel the adoption of RTLS solutions in APAC and ROW regions. Some of the major companies operating in this market are AeroScout (U.S.), Zebra Technologies (U.S.), Ekahau (U.S.), GE Healthcare (U.K.), Motorola Solutions (U.S.), Ubisense (U.K.), Centrak (U.S.), Sonitor Technologies (Norway), and Awarepoint Corporation (U.S.), among others.

The overall Real-Time Location Systems market is expected to reach $3.70 billion by 2020 at an estimated CAGR of 31.2% from 2013 to 2020.The major driving factors for RTLS market’s growth include rapid increase in RTLS applications, rising customer awareness, increasing security & safety concerns in process industries (mining, oil & gas) & defense, technological advancements in hardware & software, declining cost of tags, and optimum resource utilization through real-time asset/personnel location tracking. In this research study, different technologies such as RFID, Wi-Fi, ultrasound, infrared, Zigbee, Ultra wideband, GPS, and others are discussed in detail with qualitative as well as quantitative data. The overall market is also segmented by different product segments – hardware, software, and services; industry verticals – healthcare, logistics, manufacturing, process industries, government & defense, retail, hospitality, and education; applications- asset/ personnel tracking and management, patient safety and environment sensing & monitoring; and geography – Americas, Europe, APAC, and ROW. All the major segments are further segregated into sub-market segments. All the segments and sub-segments are separately described in the report.

Details of the new RTLS market report, table of contents and ordering information can be found  on Electronics.ca Publications’ web site. View the report:  Real-Time Location Systems (RTLS) Market by Product, Technology, Application, Industry Vertical & Geography 2013-2020.

 

RTLS Market Report: Real-Time Location Systems Market Worth $3.70 Billion by 2020