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Real-Time Location Systems Market 2022 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Zebra Technologies Corp., Stanley Healthcare, CenTrak Inc., Ubisense Group PLC., TeleTracking Technologies Inc

11-30-2022 07:19 AM CET | IT, New Media & Software

Press release from: The Business research company

Real-Time Location Systems Market

Real-Time Location Systems Market

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The global real-time location systems (rtls) market report by the business research company identifies increasing demand for smartphones to be a major growth driver for the real-time location systems (rtls) market. A smartphone is a portable electronic device that connects to a cellular network. Smartphones enable users to make phone calls, deliver text messages and connect to the internet. The growing population across the globe has led to an increase in the demand for smartphone. Smartphones are used for incident response and emergency management because of real-time location system (RTLS) innovation, which is used to automatically spot and track the destination of objects or people in real-time. For instance, according to the Mobile User Statistics report, in 2021, there will be 3.8 billion smartphone users worldwide, accounting for 48.33% of the global population. Therefore, the increasing demand for smartphones drives the growth of the real-time location system (RTLS) market.

The global real-time location systems (RTLS) market is expected to grow from $4.13 billion in 2020 to $5.37 billion in 2021 at a compound annual growth rate (CAGR) of 30%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The real-time location systems (RTLS) market is expected to reach $14.81 billion in 2025 at a CAGR of 28.9%.

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North America was the largest region in the real-time location systems (RTLS) in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the real-time location systems (RTLS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the real-time location systems market are Zebra Technologies Corp., Stanley Healthcare, CenTrak Inc., Ubisense Group PLC., TeleTracking Technologies Inc., Sonitor Technologies AS, AeroScout Industrial, DecaWave Limited, Midmark Rtls Solutions Inc., AiRISTA Flow Inc., Savi Technology, Lockheed Martin Corporation, GE Healthcare, Impinj, Identec Group AG, and Ekahau.

The global Real-Time Location Systems (RTLS) market is segmented -
1) By Rack Unit (RU): Up to 20 RU, 20 RU to 40 RU, Above 40 RU
2) By Organization Size: Small And Medium-Sized Enterprises, Large Enterprises
3) By Application: Instant Data Center, Remote Office and Branch Office, Edge Computing
4) By End-User: Retail And E-commerce, Education, BFSI, IT And Telecommunication, Healthcare, Government And Defense, Energy And Utilities, Others

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The Real-Time Location Systems (RTLS) Market Report Contents Include
1. Executive Summary
2. Real-Time Location Systems (RTLS) Market Characteristics
3. Real-Time Location Systems (RTLS) Market Trends And Strategies
4. Real-Time Location Systems (RTLS) Market - Macro Economic Scenario
5. Real-Time Location Systems (RTLS) Market Size And Growth
....
27. Real-Time Location Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Real-Time Location Systems Market
29. Real-Time Location Systems Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the Real-Time Location Systems (RTLS) market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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