The Global RTLS Market report covers the present scenario and the growth prospects of the RTLS for 2016-2020. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
A real-time location system (RTLS) is the technology used to find, track, manage, and identify the geographical location of a target on a real-time basis with the help of nodes or tags and readers. The global market for RTLS is expected to exhibit strong growth during the forecast period and is positively affected by the continuous pressure on companies to enhance their operational efficiency. This constant pressure on companies to increase their profit margins and enhance customer satisfaction is a critical factor that results in this market’s profound CAGR of nearly 48% by 2020.
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Market research analysts estimate eminent factors, such as the augmented use of RTLS tags in hospitals, to drive market growth during the forecast period. In the healthcare sector, RTLS tags can be used for various asset management purposes like locating hospital beds, wheelchairs, ventilators, oxygen cylinders, and infusion pumps. Additionally, the ability of these tags to monitor sensitive equipment, violent patients, and hospital staff is a significant factor that is expected to bolster its adoption during the forecast period.
The report provides a basic overview of the RTLS including definitions, classifications, applications and market Sales chain structure. The RTLS report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
RTLS Market Opportunities:
With a purpose of enlightening new entrants about the possibilities in this market, this report investigates new project feasibility. Various details about the manufacturing process such as market drivers, impact of drivers, market challenges and impact of drivers and challenges, market trends, vendor landscape analysis and so on, is discussed in the report.
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Top players in RTLS Industry
• CSR Group
• Samsung Networks
• Zebra Technologies
The other prominent vendors mentioned in this industry research report are Axcess International, Awarepoint, BeSpoon, DcaWave, Essensium, Elpas, GE Healthcare, IBM, Intelligent Insites, Identec Solutions, Mojix, PINC Solutions, Plus Location Systems, Radianse, RF Technologies, Sonitor Technologies, Sewio, Savi Technology (acquired by LaSalle Capital), TagSense, Teletracking Technologies, ThingMagic, and Versus Technology.
The RTLS is divided into the following segments based on geography:
In the end, the report makes some important proposals for a new project of RTLS Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2016-2020 global RTLS industry covering all important parameters.
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Key questions answered in this RTLS 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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