Real Time Location Systems Market, By Technology (RFID, Wi-Fi, ZigBee and UWB, Ultrasound, Infrared, Others), By End-use Industry (Healthcare, Transportation & Logistics, Manufacturing & Process Industry, Government & Defence, Hospitality & Retail, Others

Real Time Location Systems Market, By Technology (RFID, Wi-Fi, ZigBee and UWB, Ultrasound, Infrared, Others), By End-use Industry (Healthcare, Transportation & Logistics, Manufacturing & Process Industry, Government & Defence, Hospitality & Retail, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Real-time location systems, also called real-time monitoring systems, are tools used to remotely identify and monitor the location of people or objects in real-time, normally within a large building or similar contained area. Some of the common uses for RMTs include monitoring safety, inventory control, and emergency preparedness. They can be used in closed or open buildings, and also in various situations where visual surveillance cannot readily locate or assess the status of a person or item. There are several components of a typical real-time location system that allow for the tracking of individuals and items.
Market Dynamics
Rising adoption in the healthcare sector is expected to boost the global real time location systems (RTLS) market growth over the forecast period. The adoption of RTLS solutions has increased in the healthcare sector particularly since it helps to provide real-time location of staff members and limits and controls asset movement as well as track valuable equipment and assets with the geofences. RTLS can also keep track of patient movement and location and all the hospital staff an infected patient has interacted with. This, in turn, can aid in reducing the spread of infection, especially in the case of COVID-19.
Increasing popularity of ultra-wideband technology-based RTLS solutions is expected to accelerate the global real-time location systems (RTLS) market growth in the near future.
Key features of the study:
This report provides in-depth analysis of the real time location systems (RTLS) market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global real time location systems (RTLS) market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AeroScout, Inc., Motorola Solutions Inc., Skytron LLC, PINC Solutions Corporation, Axcess International, Inc., Ubisense Group plc, Zebra Technologies Corporation, Awarepoint Corporation, and Sonitor Technologies AS.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global real time location systems (RTLS) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global real time location systems (RTLS) market
Detailed Segmentation:
Global Real Time Location Systems (RTLS) Market, by Technology:
RFID
Wi-Fi
ZigBee and UWB
Ultrasound
Infrared
Others
Global Real Time Location Systems (RTLS) Market, by End-use Industry:
Healthcare
Transportation & Logistics
Manufacturing & Process Industry
Government & Defence
Hospitality & Retail
Others
Global Real Time Location Systems (RTLS) Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
AeroScout, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Motorola Solutions Inc.
Skytron LLC
PINC Solutions Corporation
Axcess International, Inc.
Ubisense Group plc
Zebra Technologies Corporation
Awarepoint Corporation
Sonitor Technologies AS.
*Browse all the market data tables and figures on “Global Real Time Location Systems (RTLS) Market- Forecast to 2028”