Real-Time Location System (RTLS) Market
Real-Time Location System (RTLS) Market is expected to reach USD 16.43 Billion by 2026 from USD 1.75 Billion in 2016 at a CAGR of 25.1%.
Real-Time Location System (RTLS) Market stands for real-time location system used to automatically identify and track location of objects or people in real time, usually within a building or other contained area.
With the help of number of technologies Real-Time Location System (RTLS) Market detects the current geo location of a target, which may be anything from a vehicle to an item in a manufacturing plant or a person with the help of radio frequency identification. RTLS market is categorized on the basis of type, technology, industry and geography. Based on type, this market has been segmented into hardware, software and services.
Technology segment is categorized as RFID, Wi-Fi, ultrasound, infrared, ZigBee and UWB. Industry segment is categorized as healthcare, transportation & logistics, process industries, hospitality, defense, retail and education. High range, high accuracy and low power consumption in a single RTLS solution will drive the market. However, System incompatibility, lack of uniform standards will restrain the market growth.
Scope of the report:
This research report segments the RTLS market based on type, technology, industry and geography.
More Information: https:///market-report/real-time-location-system-market/813/
Real Time Location System (RTLS) Market, By Type Hardware Software Services
Real Time Location System (RTLS) Market, By Technology RFID Wi-Fi Ultrasound Infrared ZigBee Ultra-Wide Band (UWB) Others
Real Time Location System (RTLS) Market, By Industry Healthcare Process Industries Manufacturing Transportation & Logistics Hospitality Defense Retail Education Other
Real Time Location System (RTLS) Market, by Geography North America Europe Asia Pacific Middle East & Africa Latin America
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