Market Overview

The Global Real-time Location System (RTLS) Market is Expected to Surpass $8 Billion by 2023 - ResearchAndMarkets.com

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The "Global
Real-time Location System (RTLS) Market - Segmented by Component (Tags
or Signal Transmitter, Wi-fi Networks), End-user Verticals (Aerospace
and Defense, Automotive, Healthcare), and Region - Growth, Trends, and
Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The real-time location system market was valued at USD 1.62 billion in
2017, and is expected to reach USD 8.01 billion by 2023, growing at a
CAGR of 30.45% over the forecast period (2018-2023).

Owing to recent advancements in technology, many industries are willing
to adopt new systems to improve efficiency. With the advent of
networked, cloud, and Internet of Things systems, industries, we now
have the opportunity to automate their systems. In addition, with
advancements in advanced analytics and big data systems, the management
of systems has become easier. Thus, increased adoption in industries and
technological advancements are driving the growth of RTLS.

However, lack of awareness in many developing countries is hindering the
growth of these systems. In addition, most of the organizations in need
of these systems are very small. The high initial investment involved in
installing RTLS and maintenance is restraining the growth of the RTLS
market.

Major Market Developments

  • Smartbow GmbH and Nanotron Technologies GmbH announced that they are
    entering into an exclusive supply agreement for nanoLOC location
    chips. The product delivered by nanotron is used in both the Smartbow
    ear tag and the nanotron-provided receiver.
  • Sensera Limited announced the acquisition of Nanotron Technologies
    GmbH, a provider of location-awareness products and services based in
    Berlin (Germany). Nanotron's products consist of location chips, smart
    modules, and location software that enable precise real-time
    positioning and concurrent wireless data communication.

Companies Profiled

  • AeroScout Inc.
  • Awarepoint Corporation
  • CenTrak
  • Ekahau
  • Identec Group AG
  • Nanotron Technologies
  • Savi Technology
  • Sonoitor Technologies Inc.
  • TeleTracking Technologies Inc.
  • Ubisense Group PLC
  • Versus Technology
  • Zebra Technologies

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Global Real Time Location Systems Market Segmentation

6. Competitive Intelligence - Company Profiles

7. Investment Analysis

8. Outlook of the Global Real-time Location Systems Market

For more information about this report visit https://www.researchandmarkets.com/research/q6dvss/the_global?w=4

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