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RTLS in the US Market Analysis, Strategic Assessment, Trend Outlook and Business Opportunities 2017-2020

WiseGuyReports announced addition of new report, titled “RTLS Market in the US 2016-2020”.

 

New York, NY -- (SBWIRE) -- 08/07/2017 -- RTLS is application use to locate, trace, manage and recognizing the current geolocation of target on basic real-time with support of tags and reader. RTLS is an embedded item mostly found in smartphones or GPS devices in which this node are embedded with help of which target can be trace easily. A receiver will get flag from the node through which target is trace. RTLS work on Wi-Fi, Radio-frequency identification(RFID), Bluetooth, Global Positioning System(GPS).RTLS or Real Time Location System is a positioning framework that procured new significance in the current time for following moving target or transportation or human activity. RTLS is a broadly utilized technology use in media transmission, route, transportation, security frameworks and medicinal services.

RTLS market in the US to grow at a CAGR of 44.51%% during the period 2016-2020.

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One of prime consideration that increase the adoption of RTLS Node is Healthcare because it has increased better intervene and profitability in hospitals apart from there are lot more advantage of RTLS nodes and monitoring are patients, and healing facility staff, for example, specialists, sensitive equipment and medical caretakers. Likewise, the high-recurrence (HF) labels and ultra-high recurrence (UHF RFID) labels are broadly utilized as a part of medicinal services applications. The HF nodes are utilized for a short-go reason while the UHF RFID labels are utilized for long-go purposes like following and finding basic restorative gadgets, overseeing stock, and following and distinguishing patients. In addition, the tracking surgical instruments and other reusable therapeutic gear that are incorporated with RTLS arrangements helps in the robotization of sterile handling work process. This incorporates cleaning, disinfecting, and disseminating medicinal hardware, surgical and dental instruments, and basic supplies.

The RTLS is use various sector with few common application which are

- Network Safety: Wi-Fi Protected Access (WPA) can prevent the physical area, so that the client can interact with the client's area being limited in the light.

- Stock and asset tracking: Radio-Frequency Identification (RFID) technique which commonly and highly use stock and asset tracking. The nodes and reader wirelessly interact with each other.

- Navigation: The most commonly and use in day to day life. Travel from one to another point. We use our smartphone GPS navigation or various other gadgets.

- Healthcare: Systematically and convenient to track real-time communication in any case or requirement for handling medical equipment, employees and unauthorized movements RTLS has becomes famous and mostly use technology on a days in healthcare premises.

The Key players of RTLS market are AiRISTA, HP, STANLEY Healthcare and Ubisense, Zebra. Other prominent vendors are Awarepoint, DecaWave, GE Healthcare, HID, IBM, Intelligent InSites, Identec Solutions, Mojix, PINC Solutions, PLUS Location Systems, Radianse, RF Technologies and Sonitor Technologies.

The important question to be answered in this report is:
- What will market scenario in 2020 on factors such as size and growth rate of RTLS Market?
- SWOT analysis for RTLS Market.
- What will new challenges to overcome and forces for RTLS market growth?

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