The Real Time location systems (RTLS) market, in terms of revenue, was valued at US$ 1876.3 Mn in 2017 and is expected to reach US$ 8593.1 Mn by 2022

Pune, India -- (SBWire) -- 06/05/2018 --Real-time location systems are used in tracking and identifying real time location of objects with the help of 'tags' or 'nodes' and 'readers'. The systems perform active or passive collection of location information. Some of the popular technologies used for communication between reader and tags are GPS, Wi-Fi, Bluetooth, Infrared and active and passive RFID systems. The real time location systems (RTLS) market, in terms of revenue, was valued at US$ 1876.3 Mn in 2017 and is expected to reach US$ 8593.1 Mn by 2022.

For a stronger and more stable business outlook, the report on the global Real Time Location Systems market carries key projections that can be practically studied. The report highlights major technological developments and changing trends adopted by key companies over a period of time. To achieve this, the research segments and sub-segments the global Real Time Location Systems market by using many criteria. The growth predictions for each of these segments are included in the report.

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Top Key Vendors:
AeroScout Industrial, Awarepoint Corporation, BeSpoon SAS, CenTrak, ChyronHego Corporation, Decwave, AiRISTA Flow, IDENTEC SOLUTIONS, Motorola Solutions, Inc., PINC Solutions, Savi Technology, Skytron, Sonitor Technologies, Inc., TeleTracking Technologies, Inc., Tyco Security Products, Ubisense, Versus Technology, Inc., and ZIH corp

Global real time location systems (RTLS) market based on the component is classified as hardware, software and services. The location of the objects is determined by the location engine software which remains connected to tags and location sensors. The middleware is important part of the RTLS, which is used for connecting the core components of RTLS (tags, sensors and software) to applications in which real time location and status can be displayed.

To achieve this, the research segments and sub-segments the global Real Time Location Systems market by using many criteria. The growth predictions for each of these segments are included in the report. Finally, the research directs its focus towards the possible strengths, weaknesses, opportunities, and threats that can affect the growth of the global Real Time Location Systems market. The feasibility of new projects is also measured in the report by the analysts.

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