In Real-Time location System Market Asia Pacific is Expected to be the Fastest Growing Region
Global real-time location system (RTLS) market is progressing more dynamically, as compared to its conventional counterparts, such as radio-frequency identification (RFID). This is due to the widespread acceptance of technologies, such as global positioning system (GPS) and Wi-Fi. The growing demand of real-time location system, in security and surveillance, and inventory management sectors, is driving the expansion of the RLTS market. The improving accuracy, increasing government expenditure on defense and homeland security, and affordable pricing of the real-time location system equipment, has also increased the market penetration, in past few years. The real-time location system based on ultra wide band (UWD), and ZigBee technology is gaining popularity among the end users, which is attributed to its high and precise location sensing capability, even within the smallest area. The ability to track location in mediums, such as concrete wall, or other substances is another advantage of these types of RTLS. The ZigBee and UWD real-time location services market is expected to grow, at a moderate rate, during the forecast period. Wi-Fi and RFID based real-time location system has the largest market share, owing to their wide spread use and cost benefits, over the other types of real-time location system market.Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/real-time-location-system-market
Lack of stiff regulation towards a user’s data privacy is one of the major concerns, for the real time location systems market. However, regulations such as Stalking Apps Bill and GPS act, has fueled the market penetration, in the past few years. Moreover, with proposal of various new privacy regulations, such as General Data Protection (which is soon going to be employed in 2016 by European Union), is expected to minimize the privacy issues, during the forecast period. Moreover, lack of consumer awareness towards RTLS technology in the developing regions, such as Asia Pacific, South America, and Africa is hindering the wide spread acceptance of the real-time location system market.
North America accounted the largest market share of real-time location system in 2014, followed by Europe. Asia Pacific is expected to be the fastest growing real-time location system (RLTS) market, during 2015-2020. The demand for real-time location services from Japan, China, Australia, and India, is driving the growth of the real-time location system market in Asia Pacific. The growth in industrial manufacturing, processing industries, retail, and transportation and logistics, in Asia Pacific are some of the major driver for the expansion of the RTLS market in the region. The RTLS market in Asia Pacific is also expected to benefit from the expansion of product and service offerings, of the few major global players in the region. U.S. has been the leader of the North American RTLS market. On the other hand, Germany, France, Italy, Spain, and U.K., are the major geo-divisions of the RTLS market in Europe. China, India, and Japan, are the key geo-divisions of the Asia-Pacific RTLS market.
Download Free Report Sample At: https://www.psmarketresearch.com/market-analysis/real-time-location-system-market/report-sample
Some of the competitors in the real-time location system (RTLS) market are Centrak Inc., Ekahau Inc., Versus Technology Inc., Identec Group AG, Awarepoint Corporation, Savi Technology Inc., Tel
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
347, 5th Ave. #1402
New York City, NY – 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release In Real-Time location System Market Asia Pacific is Expected to be the Fastest Growing Region here
News-ID: 1145320 • Views: …
More Releases from P&S Market Research
Smart Cities Market Size, Revenue, Technology, Competitive Analysis, Growth Driv …
The global smart cities market is growing at a CAGR above 20% during 2018 - 2023 and will reach $2578.0 billion by 2023. Due to significant growth in automation technologies such as internet of things (IoT) and adoption of cloud based technologies, the global smart cities market is gaining huge traction. In addition, effective city asset management for public welfare, substantial operational cost savings, and automated public data generation applications…
Global Sports Food Market Expected to Witness 9.2% CAGR During 2016 – 2022
The global sports food market is expected to grow at a CAGR of 9.2% in terms of value during 2016 - 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-food-market/report-sample
The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to…
Sports Nutrition Market by Type, Distribution Channel, Region, Growth and Demand …
The global sports nutrition market is expected to grow at a CAGR of 8.4% in terms of value during 2016 - 2022. Among the various types, the sports drinks segment accounted for largest share (61.4%) in the global sports nutrition market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-nutrition-market/report-sample
The increasing health concerns, such as obesity and awareness of physical appearances among all consumers groups is driving the demand for sports…
Orthopedic Trauma Devices Market Supply Chain Trends Mapping the Latest Technolo …
The global orthopedic trauma devices market is growing due to the increasing frequency of fractures, along with the growth of aging population. The advantageous features posed by orthopedic trauma devices, such as internal and external fixators to set a fracture, and in repositioning of bone fragments into their normal alignment are also driving the growth of the market worldwide. Furthermore, the internal fixators have reduced the hospital stays, reduced the…
More Releases for RTLS
Indoor Positioning & RTLS Market Demand by 2018-2028
With a growing number of organizations investing in highly efficient, streamlined business operations to combat the challenges posed by poorly optimized resources and assets resulting in less productive workflows, the demand for indoor positioning and RTLS (real-time location system) will remain on a constant high.
Demand for Interoperability among Technologies to Direct Competition in Indoor Positioning & RTLS Market
The indoor positioning and RTLS market is likely to witness the emergence of…
RTLS Market in the US 2016-2020
The global industrial castings market is anticipated to grow rapidly and will post a CAGR of close to 47% during the forecast period. The increasing use of real-time locating systems (RTLS) tags in the healthcare sector will drive the growth prospects for the global industrial castings market during the forecast period. One of the major factors that increase the adoption of RTLS tags in hospitals is improved operations and increased…
Global RTLS Industrial and Market studies 2017-2021
"Global RTLS Market 2017-2021" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.
. .
Description-
' …
RTLS Market for Healthcare - Industry Size, Share 2022
RTLS Market for Healthcare Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.
Download sample copy @ https://goo.gl/KOw6fZ
The RTLS market for healthcare is expected to grow at a CAGR of23.6% between 2016 and 2022 to reach USD 3,123.7 million by 2022 from USD 580.1 million in 2015. Increasing demand for RTLS from senior living facilities is one of the major…
Global RTLS for Healthcare Market Research Report 2016
This report on global RTLS for Healthcare market is a research study that answers pertinent questions about the emerging trends and growth opportunities in this industry. It also identifies each of the prominent barriers to growth, apart from identifying the regional trends and trends within various application segments of the global market for RTLS for Healthcare. Collecting historical and recent data from authentic resources, and based on all the factors…
RTLS Sales Market Trends, Demand & 2021 Forecasts
A Research Report Of RTLS,is Getting High Demand in Market,Get this Report" RTLS Sales Market " on Bigmarketresearch.com
Notes:
Sales, means the sales volume of RTLS
Revenue, means the sales value of RTLS
Request For Sample Copy: https://goo.gl/Ykcb8u
This report studies sales (consumption) of RTLS in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top players in these regions/countries, with sales, price, revenue and market share for each…