Monday 8 July 2019

Real-Time Location Systems Market Overview by 2025: Industry Demand, Growth Rate and Future Prospect

"Real-Time Locating Systems Market by Offering (Hardware, Software, Services), Technology (RFID, W-Fi, UWB, BLE), Vertical (Healthcare, Manufacturing, Retail, Education, Govt., Sports), Application/Use case, and Geography - Global Forecast to 2023. Concerns regarding data security and privacy and unsatisfactory results and negative feedback from RTLS end users and the high cost of acquisition and maintenance would be the major factors restraining the growth of the market.

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UWB-based RTLS solutions are expected to register the highest growth in the RTLS market during the forecast period
Education vertical is expected to register the highest growth in the RTLS market during the forecast period
North America is expected to hold the largest market share in the RTLS market during the forecast period
The RTLS market is dominated by STANLEY Healthcare (US), Zebra Technologies (US),

North America is expected to hold the largest market share in the Real-Time Location Systems Market during the forecast period

North America is currently leading the real-time location systems market in terms of market size, and the similar trend is expected to continue during the forecast period. North America is one of the largest contributors to the RTLS market owing to the healthcare revolution in the region. The rising adoption of RTLS solutions and increasing RTLS applications are also contributing to the largest market share of North America. North America, being technologically advanced and developed, is a leading market for cutting-edge technologies, which are used in real-time applications of tracking and monitoring assets in industries.

The real-time location system market is dominated by STANLEY Healthcare (US), Zebra Technologies (US), Aruba Networks (HP Enterprise US), IMPINJ (US), Savi Technology (US), TeleTracking Technologies (US), Ubisense Group (UK), AiRISTA Flow (US), Awarepoint (US), Identec Group (Liechtenstein), and Alien Technology (US) are a few leading players in the RTLS market.

DecaWave (Ireland), Redpine Signals (US), Visible Assets (US), Litum Technologies (Turkey), Mojix (US), Tracktio (Spain), CenTrak (US), and OpenRTLS (Netherlands), while Cerner Corp. (US), GE Healthcare (US), Cisco Systems (US), Sonitor Technologies (Norway), and STATSports Technologies (UK) are some other prominent players in the RTLS market.

Need more knowledge? Request sample pages of the “RTLS Market” report.

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