According to the report, the Real-Time Location System (RTLS) market is predicted to achieve USD 25,245 million by 2026. This report examines the status quo and projections of the global Real-Time Location System (RTLS) market and analyzes the Real-Time Location System (RTLS) market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
Real-time locating systems (RTLS) are used to automatically identify and track the location of objects or people in real time, usually within a building or other contained area.
The Real-Time Location System (RTLS) market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Stanley Healthcare, Ekahau, Zebra Technologies, CenTrak, IBM, Intelleflex, Awarepoint Corporation, Versus Technology, TeleTracking, Ubisense, Savi Technology, Identec Solutions, AiRISTA, Sonitor Technologies, Elpas, Axcess International, Essensium, GE Healthcare, TimeDomain, BeSpoon, Intelligent Insites, Mojix, PINC Solutions, Plus Location Systems, Radianse, RF Technologies, ThingMagic, Skytron, etc.
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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Value:
It is estimated that the total market value of the Real-Time Location System (RTLS) global market is poised to reach USD 25,245 million in 2026 from USD 3,385 million in 2019, with a CAGR of 33.25%.
Facilitating and Limiting Factors:
The Real-Time Location System (RTLS) market is expected to register substantial growth in the coming years, owing to technological advancements and increasing applications of RTLS into various end-user industries. In addition, the emergence of innovative startups, market competitiveness, and the availability of customized solutions and high return on investment are also positively influencing the market growth. However, concerns regarding data security and privacy and unsatisfactory results and negative feedback from RTLS end users as well as the high initial investment involved in installing RTLS and maintenance are expected to impede the growth of the market during the forecast period.
The global Real-Time Location System (RTLS) market is broadly divided based on type, application, and region:
By type - RFID, Wi-Fi, Ultrasound, Infrared, Zigbee
By application - Healthcare, Transportation and Logistics, Industrial Manufacturing, Process Industries, Government and Defense
The Healthcare segment is expected to show growth during the forecast period, owing to the growing IoT applications devised with healthcare requirements.
By region - North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
North America accounted for the largest market share of 33.15% in 2018 and is expected to remain dominant in the analysis period. This can be attributed to the presence of a large number of established RTLS solutions providers in this region. Europe and Asia-Pacific account for a market share of 26.74% and 25.96%. The Asia-Pacific region is anticipated to witness significant growth in the coming years, owing to the upsurge in the working population, spiraling technology hubs, and the booming tourism industry in this region.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Real-Time Location System (RTLS) Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Real-Time Location System (RTLS) Market by Types
4 Segmentation of Real-Time Location System (RTLS) Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Real-Time Location System (RTLS) Market in Major Countries
7 North America Real-Time Location System (RTLS) Landscape Analysis
8 Europe Real-Time Location System (RTLS) Landscape Analysis
9 Asia Pacific Real-Time Location System (RTLS) Landscape Analysis
10 Latin America, Middle East & Africa Real-Time Location System (RTLS) Landscape Analysis
11 Major Players Profile
11.1 Stanley Healthcare
11.1.1 Stanley Healthcare Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Ekahau
11.3 Zebra Technologies
11.4 CenTrak
11.5 IBM
11.6 Intelleflex
11.7 Awarepoint Corporation
11.8 Versus Technology
11.9 TeleTracking
11.10 Ubisense
11.11 Savi Technology
11.12 Identec Solutions
11.13 AiRISTA
11.14 Sonitor Technologies
11.15 Elpas
11.16 Axcess International
11.17 Essensium
11.18 GE Healthcare
11.19 TimeDomain
11.20 BeSpoon
…
Audience:
l Real-Time Location System (RTLS) manufacturers
l Real-Time Location System (RTLS) importers and exporters
l Real-Time Location System (RTLS) traders, distributors, and suppliers
l Real-Time Location System (RTLS) industry associations
l Product managers, Real-Time Location System (RTLS) industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
What Information does this report contain?
l The report covers the prediction and analysis of the global Real-Time Location System (RTLS) market at the global and regional levels.
l The report includes drivers and constraints that affect market growth.
l Discussed details about market opportunities
l The assessments for the regional market layout characteristics in the world.
l The report includes detailed company profiles for prominent market participants.
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