According to a new market report published by Credence Research Inc., “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 Cheap Men's Nike Air Vapormax 2018 Black Blue , Wi-Fi, ZigBee and UWB, GPS, Ultrasound, Infrared, and Other Technologies)) - Growth, Share, Opportunities, Competitive Analysis Cheap Women's Nike Air Vapormax 2018 Grey Pink , and Forecast 2015 – 2022”, the global real time location system market is expected to grow at a CAGR of 38.6% during the forecast period 2015 to 2022.
Browse the full Real Time Location System (RTLS) (By End-use Vertical (Healthcare, Transportation and Logistics, Industrial Manufacturing & Processing, Government, Hospitality, Retail, and Other End-use Verticals), By Technology (RFID Cheap Men's Nike Air Max 2018.5 Black White , Wi-Fi, ZigBee and UWB, GPS, Ultrasound, Infrared, and Other Technologies)) Market - Growth, Share, Opportunities, Competitive Analysis Cheap Men's Nike Air Max 2018 Elite Blue White , and Forecast 2015 – 2022 report at 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. This majorly owes to issues like lack of interoperability between various technology infrastructures and uncertainty over return on investment. However, growing encouragement through government initiatives and heavy investments in the development of different tracking technologies are expected to propel market growth in the coming years.
Competitive Insights:
The global real time location system market is highly fragmented and technology driven cheap nike air max 90 ez , requiring vendors to understand distinct requirements and differences between varied end-use verticals. The leading four vendors accounted for less than 45% of the global real time location system market revenue in base year 2014. There exists high degree of competition amongst existing players. Some of the leading and promising players identified in the ecosystem include Stanley Healthcare Solutions (AeroScout Inc.) (the U.S.), Zebra Technologies Corporation (the U.S.), 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 cheap nike air max 120 , 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.
Request Free Sample : Trends:
Emergence and adoption of cost-effective technologies including ZigBee and Ultra WidebandPopularity of smart factories to support adoption of real time location systems in the industrial sectorGPS and RFID technology not ideal for indoor location trackingIssues including lack of interoperability and privacy concerns have posed biggest challenge to the growth of real time locating system market.
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