Indoor Positioning & RTLS Market Detailed Analysis and Forecast -2031Posted by Aparna P on August 5th, 2022 Today beacon enabled smartphone apps are used for positioning the assets within a facility. However, these apps are limited to inherent and precision latency. In order to resolve these issues, various players in the indoor positioning & RTLS market are integrating new technologies into their proximity solutions. These solutions provide precise and fast location detection and made it easy for businesses to expand their customer base and generate better profit.
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Evolution from Beacons to Ultra Wideband Technology
Beacons have helped businesses to expand their brand to customers. Based on their shopping patterns, these devices helped business owners to deduce a customer centric strategy that can provide a unique shopping experience. However, the technology was not precise and had many opportunities for improvements. These opportunities were leveraged by the players of global indoor positioning & RTLS market with the help of ultra wideband technology.
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