(I-BusinessNews.Com, April 16, 2018 ) RTLS is the technology used to find, track, manage, and identify the geographical position of a target on a real-time basis with the help of nodes or tags and readers. Nodes or tags are embedded in smartphones or navigational devices through which a user can easily track an object. A reader is used to receive wireless signals from the tags through which an object can be located. RTLS works on technologies like GPS, ultra-wideband (UWB) , Bluetooth, Wi-Fi, and RFID to track the location of objects.
Publisher's analysts forecast the RTLS market in the US to grow at a CAGR of 44.51% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the RTLS market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the following:
-RTLS systems and tags
-Active RFID, passive RFID, out-of-band, GPS, AGPS, and Wi-Fi technologies
-The transportation, healthcare, retail, government, and other sectors
-In the transportation sector, revenue from use of tags and systems in logistics and supply chain management in onshore and offshore projects
-In the healthcare sector, revenue from asset tracking, people tracking, and hospital management
-In the retail sector, revenue from asset tracking, inventory tracking, and workflow management
-In the government sector, revenue from asset tracking in military applications
-In other sectors, use of RFID tags in various sectors that include oil and gas, education, mining, manufacturing, and automotive
Publisher's report, RTLS Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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