Real Time Location Systems (RTLS) Market To Reach $6,804.23 million With 32.14% CAGR Forecast To 2022
According to Stratistics MRC, the Global Real Time Location Systems (RTLS) Market is valued at $967.25 million in 2015 and is expected to grow at a CAGR of 32.14% to reach $6,804.23 million by 2022. Growing government initiatives, huge investments in technology, rising applications into several verticals, and advanced features of the technology are some of the key factors fostering the market growth. Conversely, huge costs involved in deployment, privacy & security issues, and technical issues with the system are...
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