Dublin, Jan. 09, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, and Service), Technology (RFID, W-Fi, UWB, BLE, Infrared), Application (Inventory & Asset - Tracking & Management), Vertical, and Geography - Global Forecast to 2022" report to their offering. The real-time locating systems market was valued at USD 1.42 Billion in 2015 and is expected to reach USD 8.09 Billion by 2022, at a CAGR of 24.5% during the forecast period. The scope of this report covers the real-time locating systems market on the basis of offering, technology, vertical, application and geography. The healthcare vertical led the real-time locating systems market in 2015 and the trend is expected to continue till 2022.
The high acceptance rate of RTLS solutions in healthcare to track and monitor assets, personnel, and patients, to maintain a hygienic environment, and for other applications is main reason behind the largest market share of healthcare in this market. Manufacturing and sports and entertainment vertical are expected to grow at the highest rate in the RTLS market during the forecast period mainly because of wide application or use cases in these industries. The ultra-wideband (UWB)-based real-time locating systems market is expected to grow at the highest rate between 2016 and 2022. The high precision location identification, low interference with other signals, usability in both outdoor and indoor environments, and acceptable operating range makes UWB a significant technology in the market. North America held the largest share of the real-time locating systems market in 2015 owing to major RTLS player presence and early adoption of the RTLS technologies in various industries such as healthcare, retail, and manufacturing. The U.S. is a major contributor to the growth of the RTLS market in North America. The market in APAC is expected to grow at a high rate between 2016 and 2022. The increasing use of real-time locating systems in manufacturing, retail, and oil gas & mining industry in APAC is driving the market in this region. Some of the major companies operating in the real-time locating systems market:
- Airista, LLC.
- Awarepoint Corp. (U.S.)
- Bespoon Sas.
- Centrak, Inc. (U.S.)
- Decawave Ltd.
- Identec Group AG
- Impinj, Inc.
- Redpine Signals, Inc.
- SAVI Technology
- Stanley Healthcare
- Ubisense Group PLC.
- Versus Technology, Inc.
- Zebra Technologies Corp.
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Global RTLS Market, By Offering 8 Real-Time Locating Systems Market , By Technology 9 Global RTLS Market, By Vertical 10 RTLS Market, By Application 11 Geographic Analysis 12 Competitive Landscape 13 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/3bhfhz/realtime
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