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Real Time Location Systems (RTLS) Market Size, Share | Industry Trends and Forecast 2020-2025

02-19-2020 08:07 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

real time location system market

real time location system market

According to the latest report by IMARC Group, titled "Real Time Location System Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025", the global real time location system market size reached a strong growth in 2019. Real time location systems (RTLS) are used to detect and track the geographical position of an individual or object in real-time. They comprise wireless tags, sensors, application software and network infrastructure, which aid in conveying signals and analyzing the precise location of an individual or object. They are used in the transportation and agriculture sectors for increasing productivity, accuracy and operational excellence.

Request Free Sample Report: https://www.imarcgroup.com/real-time-location-system-market/requestsample

Real time location systems (RTLS) provide immediate tracking and management of medical equipment, staff and patients, and aids in improving workflow, reducing costs and increasing clinical quality. Owing to these benefits, it is widely being adopted in the healthcare industry around the world. Furthermore, as it aids in inventory and warehouse, transportation, and inbound and outbound logistics management, it finds application in the automotive and defense industries worldwide. Apart from this, the increasing utilization of mobile-based applications and business analytics solutions is anticipated to bolster the market growth in the coming years. Looking forward, By IMARC group, the global real time location system market is expected to grow at a CAGR of around 25% during 2020-2025.

Market Breakup by Application:
o Inventory/Asset-Tracking & Management
o Personal/Staff-Locating & Monitoring
o Access Control & Security
o Environmental Monitoring
o Yard, Dock, Fleet Warehouse Management & Monitoring
o Supply Chain Management & Operational Automation/Visibility
o Others

Market Breakup by Component:
o Hardware
o Software
o Services

Market Breakup by Technology:
o RFID
o Wi-Fi
o UWB
o BLE
o Infrared (IR)
o Ultrasound
o GPS
o Others

Market Breakup by Vertical:
o Healthcare
o Manufacturing and Automotive
o Retail
o Transportation and Logistics
o Government & Defense
o Education
o Oil, Gas & Mining
o Sports & Entertainment
o Others

Ask Analyst and Download Full Report with List of Figure: https://www.imarcgroup.com/real-time-location-system-market

Other Report by IMARC Group:
WiFi Chipset Market Report 2020-2025: https://www.imarcgroup.com/wifi-chipset-market

Proppant Market Report 2020-2025: https://www.imarcgroup.com/proppants-market

Lubricant Additives Market Report 2020-2025: https://www.imarcgroup.com/lubricant-additives-market

IMARC Group
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | www.imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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