Dublin, July 4, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/dhkvzx/realtime)
has announced the addition of the "Global
Real-Time Location Systems (RTLS) Market 2013 - 2020: Wi-Fi, RFID,
Infrared, Ultrasound, UWB, Zigbee" report to their
offering.
A Real-Time
Location System refers to a location tracking solution that
enables enterprises to identify, track, and manage their key assets
such as equipment, tools, and personnel in real time by placing a
tag/badge on them. The tags affixed to the asset send signals to
the location readers/sensors periodically and utilize wireless
technologies such as RF signals, Wi-Fi, Infrared, Ultrasound,
Zigbee, and others for communication between tags and readers.
These readers then communicate with the middleware/software
platform, which analyzes the data received and correlates useful
information that improves the operational efficiency and staff
productivity in an enterprise.
Some of the major applications of Real-Time Location Systems
solutions include asset tracking & management, personnel &
staff tracking, patient tracking, staff safety & work flow
automation, and environment sensing & monitoring, among others.
Presently, active RFID and Wi-Fi based solutions are the two major
market shareholders in the global market. Wi-Fi based solutions are
more popular in healthcare environments, whereas RFID is mainly
being employed in industrial environments. Both these technologies
hold a very promising future in the coming years as well. Moreover,
UWB and Zigbee are the emerging technologies with a tremendous
market potential, mainly due to advantages such as high location
precision & accuracy and a long battery life.
The main driving factors propelling the tremendous growth of the
market include the need of optimum resource utilization through the
efficient asset tracking in real time, increasing standardization,
declining cost of tags, technological advancements, escalating
Real-Time Location Systems applications in numerous industry
sectors, and government support & funding. However, factors
that are hindering the growth of this market are high upfront costs
& budgetary constraints and lack of awareness among customers
regarding RTLS benefits. Among all industry verticals, healthcare
contributed to the largest market share in 2013; however,
industrial manufacturing and process industries (mining, oil &
gas) are expected to grow explosively in the upcoming future.
In the geographical analysis, Americas accounted for the largest
market share in terms of the market value as well as the RTLS
deployments followed by Europe. In developed economies, the
technological advancements regarding RTLS tags, and emerging
technologies such as UWB & Zigbee are the major drivers for the
Real-Time Location Systems growth. The market is still in its
nascent stages in developing regions such as APAC & ROW;
however, these regions are estimated to be the fastest-growing
markets in terms of traditional Real-Time Location Systems
technologies such as active RFID and Wi-Fi in the forecast period
from 2013 to 2020 mainly due to high industrial growth and rising
customer awareness.
Some of the major players in the market
include:
- AeroScout (U.S.)
- Zebra Technologies (U.S.)
- Ubisense (U.K.)
- Awarepoint (U.S.)
- Centrak (U.S.)
- Ekahau (U.S.)
- Sonitor Technologies (Norway)
- TeleTracking Technologies (U.S.)
- GE Healthcare (U.K.).
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Cover Story
4 RTLS Market Overview
5 RTLS Market By Product
6 RTLS Market By Technology
7 RTLS Market By Application
8 RTLS Market By Industry Vertical
9 RTLS Market By Geography
10 Competitive Landscape
11 Company Profile
For more information visit http://www.researchandmarkets.com/research/dhkvzx/realtime
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Telecommunications and Networks