Press release
RTLS Market Size, Technology Advancement to grow at a CAGR of 44.51% In The US 2016-2020
RTLS is the technology used to find, track, manage, and identify the geographical position of a target on a real-time basis with the help of nodes or tags and readers. Nodes or tags are embedded in smartphones or navigational devices through which a user can easily track an object. A reader is used to receive wireless signals from the tags through which an object can be located. RTLS works on technologies like GPS, ultra-wideband (UWB), Bluetooth, Wi-Fi, and RFID to track the location of objects.
The RTLS market in the US to grow at a CAGR of 44.51% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the RTLS market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the following:
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RTLS systems and tags
Active RFID, passive RFID, out-of-band, GPS, AGPS, and Wi-Fi technologies
The transportation, healthcare, retail, government, and other sectors
In the transportation sector, revenue from use of tags and systems in logistics and supply chain management in onshore and offshore projects
In the healthcare sector, revenue from asset tracking, people tracking, and hospital management
In the retail sector, revenue from asset tracking, inventory tracking, and workflow management
In the government sector, revenue from asset tracking in military applications
In other sectors, use of RFID tags in various sectors that include oil and gas, education, mining, manufacturing, and automotive
RTLS Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AiRISTA
HP
STANLEY Healthcare
Ubisense
Zebra
Other prominent vendors
Awarepoint
DecaWave
GE Healthcare
HID
IBM
Intelligent InSites
Identec Solutions
Mojix
PINC Solutions
PLUS Location Systems
Radianse
RF Technologies
Sonitor Technologies
TeleTracking Technologies
ThingMagic
Tyco Security Products
Versus Technology
Market driver
Increased use of RTLS tags in healthcare sector
For a full, detailed list, view our report
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Market challenge
Limited well-defined RTLS technology standards
For a full, detailed list, view our report
Market trend
Emerging new cost-effective technologies
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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