SHARE

Major factor driving growth of the global real-time locating systems market is increasing demand from various industrial verticals. In addition, growing internet penetration in developing countries such as India and China is expected to support growth of the global real-tie location systems market.

The global real-time locating systems market report has been segmented on the basis of technology, application, industrial vertical, and region.

The technology segment of global real-time location systems market is segmented on the basis of RFID, WI-FI, UWB, BLE, INFRARED (IR), ULTRASOUND, and GPS. The WI-FI segment is expected to contribute significant revenue share in the global market.

The application segment of global real-time location systems market is segmented on the basis of Inventory/Asset – Tracking & Management, Personnel/Staff – Locating & Monitoring, Access Control/Security, Environmental Monitoring, and Supply Chain Management & Operational Automation/Visibility. The Inventory/Asset – Tracking & Management segment is expected to contribute significant revenue share in the global market.

The industrial vertical segment of global real-time location systems market is segmented on the basis of transportation & logistics, healthcare, retail, manufacturing & processing, and others (government & defense, education, oil & gas, mining, and sports & entertainment). The retail segment is expected to contribute significant revenue share in the global market.

On the basis of region, the global real-time locating systems market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Request for the Sample Report Here: https://marketresearch.biz/report/real-time-locating-systems-rtls-market/request-sample/

The real-time locating systems market in Asia Pacific is expected to account for largest share in the global market in terms of revenue, owing to constantly growing consumer electronics market, and presence of major manufacturers in countries in the region. According to India Brand Equity Foundation internet users in India are expected to increase from 429.23 million as of September 2017 to 829 million by 2021. The market in Europe is projected to register lucrative CAGR in terms of revenue over the forecast period, owing to growing adoption from various industrial vertical in economies in this region.

Key players operating in the global real-time locating systems market include STANLEY Healthcare, Zebra Technologies Corporation, Aruba Networks, Impinj, Inc., TeleTracking Technologies, CenTrak, Inc., AiRISTA Flow, Inc., Sonitor Technologies, Versus Technology, and Identec Group.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here