Recently published research from Markets and Markets, "Real-Time Location Systems (RTLS) Market by Product (Tags, Sensors, Software), Technology (Wi-Fi, RFID, Infrared, Ultrasound, UWB, Zigbee), Application, Industry Vertical (Healthcare, Logistics, Manufacturing, Retail) & Geography 2013 - 2020", is now available at Fast Market Research
Boston, MA -- (SBWIRE) -- 02/19/2014 -- Real-Time Location Systems facilitate real-time tracking of assets and personnel in indoor as well as outdoor environments, with the use of active RFID tags which employ wireless technologies such as RF signals, Wi-Fi, UWB, ultrasound, Infrared, and Zigbee for communication with location readers/sensors. With RTLS, enterprises now have this opportunity to track and manage their resources for enhanced operational efficiency, staff productivity, and workflow optimization. Moreover, with new and advanced technologies paving their path in the Real-Time Location Systems market, more and more customers/enterprises are adopting RTLS solutions to track their assets and personnel in a more efficient way.
In terms of revenue generation, the healthcare market for Real-Time Location Systems contributes maximum market share and is estimated to be the major revenue pocket for the global RTLS market. However, the future potential market for real-time location-based solutions includes industrial manufacturing such as automotive manufacturing, aerospace manufacturing & others, and process industries such as mining and oil & gas. These two industry verticals are estimated to be the emerging markets with a promising future and tremendous growth rate over the forecasted period from 2013 to 2020. In technology, Wi-Fi based RTLS solutions have a major advantage over other proprietary technologies such as UWB, Zigbee, and others; that is, this type of RTLS solution utilizes the existing Wi-Fi infrastructure of an enterprise, which results in cost and time savings. Active RFID and Wi-Fi based RTLS solutions are the major market shareholders in the global RTLS market and both these technologies hold a very promising future in the coming years as well. However, emerging technologies such as UWB and Zigbee are projected to be the fastest-growing technologies with tremendous growth potential, mainly due to the high accuracy and precision offered by these technologies over Wi-Fi and other traditional technologies.
Americas is the largest market in terms of the market revenue as well as the RTLS deployments followed by Europe. The major drivers for the RTLS growth in this region include the technological advancements and emerging technologies such as UWB and Zigbee. However, the RTLS market in developing regions such as APAC and ROW is still in its nascent growth stages and it is estimated to grow at a tremendous growth rate, mainly due to huge untapped market opportunities for RTLS solutions especially in manufacturing and industrial applications and rising customer awareness.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Computer Technology research reports at Fast Market Research
You may also be interested in these related reports:
- Machine Vision Systems & Components Market- By Technology (PC & Smart Camera), Application - Global Analysis & Forecast (2013-2018)
- Smart Factory Market by Technology (SCADA, DCS, PLC, ERP, MES, PLM, MOM), Field Devices (Industrial Network, Robotics, RFID, And Motors & Drives, Relays & Switches, & Sensors), Application (Process, Discrete) - Global Forecast & Analysis (2013 - 2018)
- 3D Printing Market by Technology (SLA, SLS, EBM, FDM, EBM, LOM, 3DP), Materials (Polymers, Metal), Application (Aerospace, Automotive, Consumer, Healthcare, Government & Defense) & Geography (Americas, Europe, APAC & ROW) (2013 - 2020)
- Europe Gesture Recognition & Touchless Sensing Market (2013 - 2018)
- Americas Gesture Recognition & Touchless Sensing Market (2013 - 2018)
- Teleprotection Market - By Product Type (Teleprotection units, Communication Network Technology, Software, Services), Components (IED, Interface Device, SCADA), Applications (Power, Telecom) and Geography - Analysis & Forecast (2013 - 2018)
- Wearable Electronics Market and Technology Analysis (2013 - 2018): By Components (Sensors, Battery, Display, Networking); Applications (Consumer, Healthcare, Enterprise); Products (Smart -Textiles, Glasses, Watches);e-Materials & Geography
- Global Image Sensor Market (2013 - 2018) By Technology (CCD, CMOS, Contact IS, Infrared, X-ray, FSI, BSI); Applications (Healthcare, Surveillance, Automobile, Consumer, Defense, Industrial); Geography (North America, Europe, APAC, ROW)
- Global Capacitive Sensors Market (2013 - 2018) By Sensing Applications (Touch, Motion, Pressure, Proximity), Devices (Touchpad, Buttons, Slider, Screens), and Verticals (Factory Automation, Medical, Consumer Electronics, Automotive)
- Global Non-Destructive Testing (NDT) Equipment Market - By Technology, Verticals & Geography (2013 - 2018)
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)