Market Research Future (MRFR) recognizes the following companies as the key players in the Real-Time location systems: Stanley Healthcare (U.S.), Zebra Technologies Corp. (U.S.), Ubisense Group PLC. (U.K.), IMPINJ, Inc. (U.S.), Savi Technology (U.S.), AiRISTA, LLC. (U.S.), CenTrak, Inc. (U.S.), Versus Technology, Inc. (U.S.), Identec Group AG (Liechtenstein), Redpine Signals, Inc. (U.S.) Some others players in this market are- Decawave Ltd. (Ireland), Awarepoint Corp. (U.S.), BeSpoon SAS. (France), among others

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Segments:
The Real-Time Locating Systems has been segmented on the basis of components, technology, application, and industry. The components includes- hardware and software. By technology the market has been segmented as - RFID, Wi-Fi, UWB, GPSamong others whereas the application includes- asset tracking, personal tracking, inventory tracking among others. On the basis of industries, the market includes- manufacturing, banking, healthcare, aerospace & defense, automotive, oil & gas among others.

For the purpose of this study, Market Research Future has segmented the Global Real-Time Locating Systems into technology, application and industries. Real-Time Location Systems is expected to grow at CAGR of ~28% between the years 2018 to 2022 and estimated to reach at market size of US ~$6 billion by end of year 2022.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: RTLS market is projected to grow at a tremendous growth rate over the next few years due to increase in numbers of vendors and rising awareness about benefits of RTLS feature such as high accuracy, time, and tracking. RTLS plays an important role for the accurate tracking of things and personnel’s and identification whereas, factors such as high deployment cost is forcing the manufacturers for low cost technology such as bar code system.

Technologies such as RFID, Wi-Fi, Infrared use tags and badges to exchange the information and let the administrator know the exact location of the thing. One of the growing industries in the field of RTLS is healthcare where the devices plays very vital role while locating the personal staff or the important equipment’s. Aerospace and Defence industry is also expected to drive the market of RTLS as new technologies are being introduced to monitor the activities of the people as well as weapons.

While traditional technologies such as RFID, Bluetooth and Wi-Fi accounts for largest market share, new technologies are also coming into picture in the form of Zigbee and UWB which is likely to grow with faster pace.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Intended Audience
• RTLS Service Providers
• Healthcare Institutions
• Software distributors
• Government
• Distributors and Traders
• RTLS End Users

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