Real Time Location System Market: Huge Growth Opportunities and Challenges to Watch in 2020

The Global Real Time Location System (RTLS) Market is estimated to reach USD 16.3 Billion by 2027 at a CAGR of 21.3%, says forencis research (FSR).

Real time location system (RTLS) system or indoor positioning system (IPS) mainly used for indoor applications such as tracking, monitoring, and locating the activity of peoples and things. In this technology, location data is received from the location transmitter devices attached to walls or ceilings and transmitted via Wi-Fi or other wireless technologies to asset tags for equipment and wearables for people. Then this location data can be accessed through cloud-based application program interfaces, integrated CRM software, and mobile applications. RTLS is mainly used in healthcare, manufacturing, smart warehouses, educations, hospitality, and other industries.

Real Time Location System (RTLS) Market: Drivers & Restraints

Market Drivers:

Increasing Global Smartphone Market

The smartphone is the most dominant portal of information and communication technology. Increasing population in developing countries has led to an increase in the demand for the smartphone. The use of smart phone for emergency management and incident response is totally based on RTLS technology to track the object location and people in real time. This is usually done within a building or other encloused area. The locating data mostly accessed by mobile application and hence it is expected to drive the real time location system (RTLS) market during the forecast period.

Request The Report Sample PDF of Global Real Time Location System (RTLS) Market @ https://www.forencisresearch.com/real-time-location-system-rtls-market-sample-pdf/

High Industrial Growth

Growing healthcare, manufacturing, and defense markets is expected to boost the real time location system (RTLS) market during the forecasted period. In recent years, government and defense sectors are increased rapidly, thus, to fulfill the security demand and locating important assets in the supply chain management in addition to prisoners and personnel will be expected to grow the real time location system (RTLS) market during the forecast period. In Healthcare, the security of electronic health records and the safety of patients, and valuable assets have also resulted in higher demand for real time location system (RTLS) market.

Market Restraints:

System Incompatibility Issues

According to MGM Solutions, RTLS tracking fails 40% of the time while in use due to connectivity issues and Wi-Fi or other technology failures while sending the location data. Due to this, the company can suffer from various problems such as loss of data, wasting operational time, and money. Moreover, RTLS system cannot always penetrate through thick walls, leaving the tracking system at a significant loss. Hence, systems incompatibility issues such as connectivity problems, loss of data, and technology failure are expected to restrain the market growth during the forecast period.

Request Report Methodology On Competition On Global Real Time Location System (RTLS) Market@ https://www.forencisresearch.com/real-time-location-system-rtls-market-request-methodology/

Real Time Location System (RTLS) Market: Key Segments

Segmentation based on type covers: ZigBee, RFID, Infrared, WhereNet, Wireless Fidelity (Wi-Fi), Bluetooth, andUltra-Wide Band (UWB)
By application covers: Fleet Tracking, Navigation, Inventory & Asset Tracking, Personal Tracking, and Network Security
On the basis of end user industry covers: Healthcare, Manufacturing, Logistics & Transport, Education, Oil & Gas, Government & Defense, Sports & Entertainment, and Others
Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, andMiddle East & Africa with individual country-level analysis

Key Companies Covered

Zebra Technologies Corp. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
HID Global Corporation/ASSA ABLOY AB.
STANLEY Healthcare
Hewlett Packard Enterprise Development LP
Airista Flow, Inc.
Juniper Networks, Inc.
UBISENSE
CenTrak, Inc.
Cisco Systems, Inc.
Midmark Corporation
Sonitor Technologies
Other Key Companies

Consult With an Analyst of Global Real Time Location System (RTLS) Market for More Information@ https://www.forencisresearch.com/real-time-location-system-rtls-market-consult-with-an-analyst/

Real Time Location System (RTLS) Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Real Time Location System (RTLS) Market, by Type

ZigBee
RFID
Infrared
WhereNet
Wireless Fidelity (Wi-Fi)
Bluetooth
Ultra-Wide Band (UWB)

Real Time Location System (RTLS) Market, by Application

Fleet Tracking
Navigation
Inventory & Asset Tracking
Personal Tracking
Network Security

Real Time Location System (RTLS) Market, by End User Industry

Healthcare
Manufacturing
Logistics & Transport
Education
Oil & Gas
Government & Defense
Sports & Entertainment
Others

Real Time Location System (RTLS) Market, by Region

Asia-Pacific

China
India
Japan
South Korea
Australia
Rest of Asia-Pacific

North America

US
Canada
Mexico

Europe

Germany
France
Italy
UK
The Netherlands
Rest of Europe

Middle East and Africa

Saudi Arabia
UAE
Rest of Middle East & Africa

South America

Brazil
Argentina
Rest of South America

Table of Content

1 INTRODUCTION

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Regional Coverage

1.5 Research Timeline

1.6 Assumptions

1.7 Limitations

2 RESEARCH DESIGN & SCOPE

2.1 Introduction

2.2 Primary Research

2.2.1 Key Industry Expert Insight

2.3 Secondary Research

2.3.1 Vital Data from Secondary Sources

2.4 Market Size Estimation

2.5 Data Validation & Triangulation

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Introduction

4.2 Drivers

4.2.1. Increasing Global Smartphone Market

4.2.2. High Industrial Growth

4.3 Restraint

4.3.1. Systems Incompatibility Issues

4.3.2. Lack of Uniform Standards & Expertise

4.4 Opportunities

4.4.1. Technological Advancements

4.5 Challenges

4.5.1. Operational Challenges

5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1 Introduction

5.1.1. Power of Buyers

5.1.2. Power of Suppliers

5.1.3. Intensity of Competition

5.1.4. Challenges of Substitutes

5.1.5. Challenges of New Entrants

5.2 Macro-Economic Indicators

6 GLOBAL REAL TIME LOCATION SYSTEM MARKET BY TYPE, Market Size in USD Million (2019—2027)

6.1 Introduction

6.2 ZigBee

6.3 RFID

6.4 Infrared

6.5 WhereNet

6.6 Wireless Fidelity (Wi-Fi)

6.7 Bluetooth

6.8 Ultra-Wide Band (UWB)

7 GLOBAL REAL TIME LOCATION SYSTEM MARKET BY APPLICATION, Market Size in USD Million (2019—2027)

7.1 Introduction

7.2 Fleet Tracking

7.3 Navigation

7.4 Inventory & Asset Tracking

7.5 Personal Tracking

7.6 Network Security

8 GLOBAL REAL TIME LOCATION SYSTEM MARKET BY END USER INDUSTRY, Market Size in USD Million (2019—2027)

8.1 Introduction

8.2 Healthcare

8.3 Manufacturing

8.4 Logistics & Transport

8.5 Education

8.6 Oil & Gas

8.7 Government & Defense

8.8 Sports & Entertainment

8.9 Others

9 GLOBAL REAL TIME LOCATION SYSTEM MARKET BY REGION, Market Size in USD Million (2019—2027)

9.1 North America

9.1.1 US

9.1.2 Canada

9.1.3 Mexico

9.2 Europe

9.2.1 Germany

9.2.2 France

9.2.3 Italy

9.2.4 UK

9.2.5 Russia

9.2.6 Rest of Europe

9.3 Asia-Pacific

9.3.1 China

9.3.2 India

9.3.3 Japan

9.3.4 South Korea

9.3.5 Taiwan

9.3.6 Rest of Asia-Pacific

9.4 Middle East and Africa

9.4.1 Saudi Arabia

9.4.2 UAE

9.4.3 Rest of Middle East and Africa

9.5 South America

9.5.1 Brazil

9.5.2 Argentina

9.5.3 Rest of South America

10 COMPETITIVE LANDSCAPE

10.1 Introduction

10.2 Company Benchmarking

11 COMPANY PROFILES

11.1 Zebra Technologies Corp.

11.1.1 Company Overview

11.1.2 Financial Overview

11.1.3 Products/Solutions/Services Offered

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 HID Global Corporation/ASSA ABLOY AB.

11.3 STANLEY Healthcare

11.4 Hewlett Packard Enterprise Development LP

11.5 Airista Flow, Inc.

11.6 Juniper Networks, Inc.

11.7 UBISENSE

11.8 CenTrak, Inc.

11.9 Cisco Systems, Inc.

11.10 Midmark Corporation

11.11 Sonitor Technologies

11.12 Other Key Companies

12 APPENDIX

12.1 Key Industry Expert Insights

12.2 Primary Discussion Guide

12.3 Customization Options

Purchase Global Real Time Location System (RTLS) Market Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/real-time-location-system-rtls-market-purchase-now/

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us

FORENCIS RESEARCH

Phone: +1 (720) 306 9020

Email: [email protected]

For more market research insights, please visit https://www.forencisresearch.com