Global RTLS Market 2017-2021 with AiRISTA, HP, Stanley Healthcare, Ubisense & Zebra Dominating - Research and Markets

DUBLIN, Mar 31, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global RTLS Market 2017-2021" report to their offering.

The global RTLS market to grow at a CAGR of 46.47% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global RTLS market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of RTLS. 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.

The RTLS is technology is used to find, track, manage, and identify the geographical position of a target on a real-time basis. This is done 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.

According to the report, RFID tags are broadly used across numerous sectors, such as logistics, automotive, construction, mining, oil and gas, retail, healthcare, sports, and education, for asset tracking and workforce management. These tags help sectors to enhance its efficiency and effectiveness of various operations. The cost of RFID tags is declining exponentially due to the increase in its adoption rate and competition among vendors in the industry. In 2014, the price of RFID tags had declined to 30%-40% as compared with the cost in 2012.

Further, the report states that despite numerous advantages, RTLS also brings challenges to its enterprise users. The implementation of RTLS is expensive because of its high initial deployment cost. This will prompt manufacturers to opt for low-cost technologies such as barcode systems. The cost of RTLS includes expenses involved in planning and design, cabling, software licenses, and location hardware such as signposts and readers. A full-fledged implementation of RTLS in a large manufacturing company costs between $10 million and $30 million. This initial cost varies from industry to industry.

Key vendors

• AiRISTA
• HP
• STANLEY Healthcare
• Ubisense
• Zebra

Other prominent vendors

• Awarepoint
• BeSpoon
• Convergence Systems
• DecaWave
• Essensium
• GE Healthcare
• HID
• IBM
• Idolink
• Identec Solutions
• Intelligent Insites
• Kinexon Precision Technologies
• Mojix
• OATSystems
• PINC Solutions
• Plus Location Systems
• Q-Track
• Radianse
• RF Technologies
• Sewio
• Sonitor Technologies
• Teletracking Technologies
• ThingMagic
• Tyco Security Products
• Versus Technology 

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Five forces analysis

Part 07: Market segmentation by solution

Part 08: Market segmentation by application

Part 09: Geographical segmentation

Part 10: Market drivers

Part 11: Impact of drivers

Part 12: Market challenges

Part 13: Impact of drivers and challenges

Part 14: Market trends

Part 15: Vendor landscape

Part 16: Key vendor analysis

Part 17: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/fl3frr/global_rtls

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Laura Wood, Senior Manager
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