Real-Time Location Systems Market worth $3.70 Billion by 2020

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MarketsandMarkets Presents
Real-Time Location Systems Market worth 3.70
Billion by 2020
Real-Time Location Systems (RTLS) Market by
Product (Tags, Sensors, Software), Technology
(Wi-Fi, RFID, Infrared, Ultrasound, UWB, Zigbee),
Application, Industry Vertical (Healthcare,
Logistics, Manufacturing, Retail) Geography
2013 - 2020
http//www.marketsandmarkets.com/Market-Reports/re
al-time-location-systems-market-1322.html
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According to a new market research report of
Real-Time Location Systems (RTLS) Market By
Product (Tags, Sensors, Software), Technology
(Wi-Fi, RFID, Infrared, Ultrasound, UWB, Zigbee),
Application, Industry Vertical (Healthcare,
Logistics, Manufacturing, Retail) Geography
2013 - 2020 published by MarketsandMarkets, the
global RTLS market is expected to grow at a CAGR
of 31.2 from 2013 to 2020 and reach 3.70
billion in 2020. Browse 109 market data tables
and 53 figures spread through 402 pages and
in-depth TOC on Real-Time Location Systems
(RTLS) Market By Product (Tags, Sensors,
Software), Technology (Wi-Fi, RFID, Infrared,
Ultrasound, UWB, Zigbee), Application, Industry
Vertical (Healthcare, Logistics, Manufacturing,
Retail) Geography 2013 - 2020"http//www.market
sandmarkets.com/Market-Reports/real-time-location-
systems-market-1322.html Early buyers will
receive 10 customization on reports.
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The ever growing need of achieving optimum
resource utilization in different industries
paved a path for location-based systems such as
Real-Time Location Systems. In an enterprise,
these systems facilitate location tracking and
management of assets/personnel in real time thus
resulting into improved operational efficiency
and staff productivity. RTLS solutions have
numerous applications in industries such as
healthcare, manufacturing, logistics
transportation, government defense, mining, oil
gas, retail, hospitality, education, and many
others. Presently, healthcare is the largest
market for RTLS solutions and industrial
manufacturing is estimated to be the
fastest-growing industry vertical with a huge
market potential in the forecast period from 2013
to 2020. Request Sample _at_ http//www.marketsandmar
kets.com/requestsample.asp?id1322 In 2013,
Americas held the largest market revenue share
followed by Europe in the global RTLS market,
including hardware, software, and services. The
high penetration of RTLS solutions in the
healthcare sector and the presence of major
Real-Time Location Systems providers in this
region such as AeroScout (U.S.), Zebra
Technologies (U.S.), Awarepoint (U.S.), Centrak
(U.S.), and Ekahau (U.S.) are the two major
factors for the high RTLS growth rate in
Americas
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However, the increasing adoption of new
technologies such as Ultra-Wideband and Zigbee in
RTLS applications is estimated to drive the
upsurge of the Real-Time Location Systems market,
especially in developed economies including APAC
and Europe. Moreover, APAC and ROW are projected
to be the emerging markets with tremendous growth
potential mainly due to high industrial growth,
increasing customer awareness, broad application
scope, and government support. Industrial
manufacturing, process industries, and government
defense are the major industry verticals that
are expected to propel the adoption of RTLS
solutions in APAC and ROW regions. Some of the
major companies operating in this market are
AeroScout (U.S.), Zebra Technologies (U.S.),
Ekahau (U.S.), GE Healthcare (U.K.), Motorola
Solutions (U.S.), Ubisense (U.K.), Centrak
(U.S.), Sonitor Technologies (Norway), and
Awarepoint Corporation (U.S.), among others. Free
PDF Download _at_ http//www.marketsandmarkets.com/pd
fdownload.asp?id1322 The overall Real-Time
Location Systems market is expected to reach
3.70 billion by 2020 at an estimated CAGR of
31.2 from 2013 to 2020.The major driving factors
for RTLS markets growth include rapid increase
in RTLS applications, rising customer awareness,
increasing security safety concerns in process
industries (mining, oil gas) defense,
technological advancements in hardware
software, declining cost of tags, and optimum
resource utilization through real-time
asset/personnel location tracking. In this
research study, different technologies such as
RFID, Wi-Fi, ultrasound, infrared, Zigbee, Ultra
wideband, GPS, and others are discussed in detail
with qualitative as well as quantitative data.

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The overall market is also segmented by different
product segments - hardware, software, and
services industry verticals - healthcare,
logistics, manufacturing, process industries,
government defense, retail, hospitality, and
education applications- asset/ personnel
tracking and management, patient safety and
environment sensing monitoring and geography -
Americas, Europe, APAC, and ROW. All the major
segments are further segregated into sub-market
segments. All the segments and sub-segments are
separately described in the report. About
MarketsandMarkets MarketsandMarkets is a global
market research and consulting company based in
the U.S. We publish strategically analyzed market
research reports and serve as a business
intelligence partner to Fortune 500 companies
across the world. MarketsandMarkets also
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covers thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT.
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