Market Overview - Real Time Location System (RTLS) Market Shares, Strategies Siz

Posted by akshayparmar on November 15th, 2017

Real Time Location System (RTLS) Market (By End-use Vertical (Healthcare, Transportation and Logistics, Industrial Manufacturing & Processing, Government, Hospitality, Retail, and Other End-use Verticals), By Technology (RFID, Wi-Fi, ZigBee and UWB, GPS, Ultrasound, Infrared, and Other Technologies)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025”, the global real time location system market is expected to grow at a CAGR of 38.6% during the forecast period 2017 to 2025.

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Market Insights

Real time location systems are technology driven systems that use tags and readers to identify, find, track, and manage the location of assets or people in real-time, generally within a confined area. To sustain profit margins and market position, enterprises are increasingly turning towards technology for increasing their asset utilization and operational efficiency. However, even after being in the market for over a decade, the technology hasn’t received enough acceptance. 

Ekahau, Inc. (the U.S.), Motorola Solutions Inc. (the U.S.), Awarepoint Corporation (the U.S.), Ubisense Group Plc (the U.K.), Identec Solutions (Liechtenstein), TeleTracking Technologies, Inc. (the U.S.), Versus Technology, Inc. (the U.S.) and Savi Technology, Inc. (the U.S.) among others. Focus on developing robust and innovative solutions through research and development is the primary strategy adopted by the players in the market.

Key Trends:

• Emergence and adoption of cost-effective technologies including ZigBee and Ultra Wideband
• Popularity of smart factories to support adoption of real time location systems in the industrial sector
• GPS and RFID technology not ideal for indoor location tracking
• Issues including lack of interoperability and privacy concerns have posed biggest challenge to the growth of real time locating system market.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions

2. Executive Summary
2.1. Global Real Time Location System (RTLS) Market Snapshot

3. Global Real Time Location System (RTLS) Market Analysis
3.1. Global Real Time Location System (RTLS) Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.3.3. Opportunity Matrix

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